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2014 Nevada Revised Statutes
Chapter 148 - Sales, Conveyances and Exchanges
NRS 148.390 - Failure to comply with agreement or option.

NV Rev Stat § 148.390 (2014) What's This?

If the purchaser or option holder neglects or refuses to comply with the terms of the agreement or option, the court, on petition of the personal representative, and after notice to the purchaser or option holder, shall enter an order cancelling the agreement or option, but the cancellation does not affect any liability previously created.

[173:107:1941; 1931 NCL § 9882.173] (NRS A 1999, 2323)

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