Property Management
What is a habitability standard under Nevada landlord-tenant law?
AA minimum square footage requirement per tenant
BThe landlord's duty to maintain rental premises in a safe, clean, and livable condition throughout the tenancy✓ Correct
CA standard only applicable to commercial properties
DA voluntary certification program for Nevada rental properties
Explanation
Under NRS 118A, Nevada landlords have an implied warranty of habitability — a duty to maintain rental property in a condition fit for human occupancy, including adequate heating, plumbing, structural safety, and compliance with building codes.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Math Concepts
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