1. A licensee who completes construction of a new, single-family residence shall provide to the purchaser of the residence:
(a) A separate, single-page disclosure describing the rights of the purchaser under this chapter, including, without limitation, the right to file a complaint pursuant to NRS 624.480 seeking recovery from the account established pursuant to NRS 624.470; and
(b) A builder’s warranty that meets the requirements of this section.
2. A builder’s warranty provided by a licensee pursuant to this section must:
(a) Be in writing.
(b) Be valid for a period of at least 1 year from the date of completion of a written punch list. As used in this paragraph, "punch list" means a list of any materials or work describing incomplete or incorrect installations or incidental damage to existing finishes, material and structures that do not conform to the specifications of the contract or the requirements of subsection 1 of NRS 624.3017.
(c) Contain terms that include, without limitation, warrantying all home systems, workmanship, materials, plumbing, electrical and mechanical systems, appliances installed by contractors, fixtures, equipment and structural components, unless a separate warranty is provided by the manufacturer or installer of such a product, component or system.
(d) Be transferable to a subsequent purchaser of the residence.
(e) Not be deemed, construed or interpreted to constitute a waiver or release of any other warranty from the licensee provided by contract or otherwise available under the laws of this State.
(Added to NRS by 2019, 2283)
Structure Nevada Revised Statutes
NRS 624.005 - Legislative declaration.
NRS 624.010 - "Board" defined.
NRS 624.015 - "Construction control" defined.
NRS 624.020 - "Contractor" synonymous with "builder"; "contractor" defined.
NRS 624.024 - "Knowingly" defined.
NRS 624.027 - "Planned unit development" defined.
NRS 624.029 - "Work of improvement" defined.
NRS 624.031 - Applicability of chapter: Exemptions.
NRS 624.033 - Applicability of chapter: Contract pertaining to federal aid.
NRS 624.035 - County or municipality may impose additional requirements for contractor’s license.
NRS 624.040 - Creation; number and appointment of members.
NRS 624.050 - Qualifications of members.
NRS 624.070 - Certificate of appointment; oath of office.
NRS 624.080 - Regular and special meetings; notice.
NRS 624.105 - Designation of Ombudsman for Residential Pools and Spas; duties.
NRS 624.110 - Offices; maintenance, inspection and confidentiality of records and reports.
NRS 624.112 - Investigations Office: Establishment; qualifications of investigators.
NRS 624.150 - Election and duties of Treasurer; disposition of money.
NRS 624.165 - Investigation of constructional fraud.
NRS 624.170 - Administration of oaths; taking of testimony and proofs; issuance of subpoenas.
NRS 624.180 - Service of process.
NRS 624.200 - Deposition of witness.
NRS 624.210 - Right of party to compel attendance of witness or taking of deposition.
NRS 624.215 - Contracting business.
NRS 624.220 - Contractors; monetary limit on license; regulations.
NRS 624.241 - Program for issuance of license in expedited manner.
NRS 624.245 - Temporary prohibition of certain violators from taking examination.
NRS 624.262 - Financial responsibility of applicant or licensee: Demonstration required.
NRS 624.266 - Duty of applicant or licensee to disclose certain information to Board.
NRS 624.270 - Bond or deposit: Requirements; amount; conditions.
NRS 624.280 - Regulations concerning fees; limitation on amount.
NRS 624.282 - Inactive status of license: Application; effect; duration; regulations.
NRS 624.284 - License: Limitation of scope; exceptions.
NRS 624.288 - Display of name and license on motor vehicle.
NRS 624.3011 - Disregard of plans, specifications, laws or regulations.
NRS 624.3014 - Misuse of license; evasion of law.
NRS 624.305 - Unlawful use, assignment or transfer of license; revocation of license.
NRS 624.320 - Allegation and proof of license in action on contract.
NRS 624.341 - Administrative citation; order to take corrective action; penalty.
NRS 624.351 - Contest of administrative citation or order to correct violation: Hearing.
NRS 624.410 - "Account" defined.
NRS 624.420 - "Injured person" defined.
NRS 624.430 - "Owner" defined.
NRS 624.440 - "Qualified services" defined.
NRS 624.450 - "Residential contractor" defined.
NRS 624.455 - "Single-family residence" defined.
NRS 624.460 - "Subsequent owner" defined.
NRS 624.480 - Limitation on time to file complaint seeking recovery.
NRS 624.490 - Application to Board for satisfaction of judgment from account.
NRS 624.500 - Hearing on complaint; limitation on time for acting on complaint.
NRS 624.550 - Minimum balance in account.
NRS 624.570 - Creation; members; expenses; duties; powers; regulations.
NRS 624.580 - Construction Education Account; administration.
NRS 624.607 - "Higher-tiered contractor" defined.
NRS 624.608 - "Lower-tiered subcontractor" defined.
NRS 624.6084 - "Owner" defined.
NRS 624.6086 - "Prime contractor" defined.
NRS 624.628 - Requirements concerning notices; prohibited provisions; requests for information.
NRS 624.630 - Accrual of interest on money due; rate of interest.
NRS 624.740 - Unlawful to act in joint venture or combination without additional license.
NRS 624.750 - Other unlawful acts or omissions; penalties for unlawful acts and omissions.
NRS 624.800 - Statute of limitations for certain violations.
NRS 624.835 - "Contract" defined.
NRS 624.840 - "Contractor" defined.
NRS 624.845 - "Electric utility" defined.
NRS 624.850 - "Residential photovoltaic system" defined.
NRS 624.885 - Limitations on certain lending and financial practices.
NRS 624.895 - Grounds for disciplinary action; unlawful acts; penalties.
NRS 624.905 - "Contract" defined.
NRS 624.910 - "Contractor" defined.
NRS 624.915 - "Work concerning a residential pool or spa" defined.
NRS 624.925 - Classifications of licensing.
NRS 624.945 - Standards for advertisements; prohibited advertising practices; regulations.
NRS 624.955 - Limitations on certain lending and financial practices.
NRS 624.965 - Grounds for disciplinary action; unlawful acts; penalties.