Contracts
What is the 'mailbox rule' and does it apply to Nevada real estate contracts?
AOffers must be mailed to be valid
BUnder the mailbox rule, acceptance is effective when properly mailed (dispatched); however, Nevada real estate practice typically requires actual delivery and communication of acceptance✓ Correct
CThe mailbox rule requires all offers to include a postal address
DNevada has abolished the mailbox rule for real estate contracts
Explanation
The common law mailbox rule holds that acceptance is effective upon dispatch (mailing). However, in modern Nevada real estate practice, parties typically specify that acceptance must be communicated (received) to be effective, and electronic delivery is standard. The contract terms govern.
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