Nevada Standard Residential Lease Agreement

A Nevada standard residential lease agreement protects both the tenant and landlord by clearly defining the terms and responsibilities of a property rental. Both parties must sign the contract, which makes it legally binding. This document outlines the monthly payment amount, the rent due date, the security deposit, as well as pet and smoking policies.

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Last updated October 26th, 2024

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A Nevada standard residential lease agreement protects both the tenant and landlord by clearly defining the terms and responsibilities of a property rental. Both parties must sign the contract, which makes it legally binding. This document outlines the monthly payment amount, the rent due date, the security deposit, as well as pet and smoking policies.

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Disclosures

Foreclosure – If there are any foreseen foreclosures on the property, then the landlord must disclose this information. (§ 118A.275(1))

Inventory and Condition of Premises – The landlord is responsible for providing the tenant with a signed inventory list and property condition report. (§ 118A.200.3(k))

Lead-Based Paint Disclosure – Any renter must be given a lead paint disclosure if dwelling in a property built before 1978. (EPA/HUD Fact Sheet)

Rent Grace Period

There is a 3-day grace period where late fees may not be imposed for late payment. (§ 118A.210(4)(a))

Security Deposit

Maximum Amount – A combined total of three months’ rent is the maximum amount a landlord may charge for a security deposit. (NRS 118A.242(1))

Returning – The security deposit must be returned to the tenant within 30 days of the end of the tenancy. (NRS 118A.242(4))

  • Deductions – The landlord must provide a list showing any deductions made to the security deposit. (NRS 118A.242(4))