The Nevada lease agreement is a contract between a landlord and a tenant in which the tenant agrees to pay the landlord at regular intervals in exchange for the use of residential or commercial space. Before leasing property to tenants, landlords will often conduct a background check to ensure that they can be relied on to pay their rent. Most agreements are for a one (1) year period with the option to renew, however, month-to-month or “at-will” leases can also be used.
Rental Application – This form is used to acquire references and personal/employment information from potential tenants in addition to obtaining their consent to have background checks performed.
Commercial Lease Agreement – A rental contract used to rent commercial, industrial, and office space to an individual or business entity.
Rent-to-Own Agreement (Lease Option) – Allows a tenant to rent a property with the option to purchase it in accordance with the agreement.
Month-to-Month Lease Agreement – A rental agreement that renews and is paid on a monthly basis.
Roommate Agreement – This document can be used by roommates to formalize the rules and responsibilities of living in the same rental unit.
Standard (1-year) Lease Agreement – An annual residential lease that is paid on a monthly basis.
Sublease Agreement – Tenants can use this form to sublease their rental space to another individual, typically with permission from the landlord.
If there is an impending foreclosure on the property, landlords are required to provide prospective tenants with written disclosure of this fact.
The landlord must provide a signed list detailing the condition and inventory of the property before occupancy.
As required by Federal law, landlords must deliver a lead-based paint disclosure form to tenants before renting a property that was built before 1978.
- Commercial – Chapter 118C (Landlord and Tenant: Commercial Premises)
- Residential – Chapter 118A (Landlord and Tenant: Dwellings)
General Access (NRS 118A.330(3)) – Landlords must provide tenants with a minimum of twenty-four (24) hours’ notice before accessing the tenant’s rented property.
Emergency Access (NRS 118A.330(2)) – In the event of an emergency, the landlord does not need permission to enter the tenant’s premises.
Grace Period – No statute.
Maximum Fees ($) – No statute.
Rent Increase Notice (NRS 118A.300) – Landlords must give forty-five (45) days’ notice before increasing rental costs. For at-will tenancies of less than a month, only fifteen (15) days’ notice is required.
Maximum Amount ($) (NRS 118A.242(1)) – The landlord may not demand a security deposit amount in excess of three (3) months of rent.
Returning to Tenant (NRS 118A.242(4)) – Security deposits must be returned to the tenant within thirty (30) days after their lease has terminated.
Interest Required? – No statute.
Separate Bank Account? – No statute.