Private transfer fee obligations prohibited.

Nev. Rev. Stat. § 111.865
in effect
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1. Except as otherwise provided in NRS 111.870 : (a) A person shall not, on or after May 20, 2011, create or record a private transfer fee obligation in this State; and (b) A private transfer fee obligation that is created or recorded in this State on or after May 20, 2011, is void and unenforceable. 2. The provisions of subsection 1 do not validate or make enforceable any private transfer fee obligation that was created or recorded in this State before May 20, 2011.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-111.htmlFetched: 6/28/2026

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