SRPD'S Flashcards

1
Q

NV SRPD is a ____ page document that must be completed only by _____

A
  • 4 page

- seller

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2
Q

Must be completed at least _______ to ______

A
  • 10 days prior

- to close of escrow

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3
Q

Any ____ must be reported to buyer before ____ after____

A

defect

  • COE
  • After Initial inspection
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4
Q

Buyer may:

A
  • Sue and be entitled to triple damages
  • be entitled to court and lawyer fees
  • cancel the purchase contract if seller refuses to repair any noted defects
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5
Q

Seller must:

A

repair any noted defects

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6
Q

SRPD is used for

A
  • residential real estate
  • improved or not
  • means single family, duplex, triplex, or 4-plex
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7
Q

Exempt from SRPD’S are

A
  • New Homes
  • Bank foreclosures
  • Government foreclosures
  • Transfer between spouses
  • Person who takes temporary control
  • Seller when relying on info supplied by officer of state
  • Seller when relying on info supplied by a NV contractor
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