Nevada License Law
What is a 'property disclosure' requirement and what form is used in Nevada?
AA federal form required for all Nevada home sales
BThe Nevada Seller's Real Property Disclosure (SRPD) form that sellers of residential property must complete, disclosing known material defects, conditions, and other factors affecting the property✓ Correct
CA broker-created form varying by company standards
DA disclosure only required for properties over $500,000 in Nevada
Explanation
Nevada law (NRS 113.130) requires sellers of residential property (1-4 units) to complete the Seller's Real Property Disclosure (SRPD) form. The SRPD covers: structural conditions, roofing, plumbing, electrical, HVAC, environmental hazards, HOA matters, boundary disputes, and other material facts. Sellers must disclose what they actually know — they are not required to conduct inspections to discover unknown defects. The SRPD protects both buyers and sellers by documenting what was disclosed.
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