Need a Property Rentals Contract in Nevada? AroundWire Can Help

In Nevada, property rental contracts—covering both residential and commercial properties—are governed primarily by state statutes such as NRS Chapter 118A (residential) and Chapter 118C (commercial). Typical contracts must clearly define lease terms, rent amounts, deposit requirements, permitted uses, and maintenance responsibilities. For residential rentals, landlords must comply with habitability standards and provide required disclosures, including lead-based paint for properties built before 1978. Security deposits are capped at three months’ rent and must be returned within 30 days of lease termination, minus allowable deductions. Commercial leases are less regulated but often require detailed insurance provisions, with tenants commonly responsible for liability insurance and sometimes property insurance, naming the landlord as additional insured. Risk factors include property damage, nonpayment, and regulatory compliance, particularly for properties used for regulated activities (e.g., gaming, cannabis). Both parties should be aware of local zoning ordinances and any required business licenses. Payment terms typically require rent due on a fixed schedule with defined late fees and penalties for nonpayment. Dispute resolution clauses commonly favor Nevada venue and may include mandatory mediation or arbitration before litigation. Contracts should comply with anti-discrimination laws and may reference Nevada’s unique summary eviction process in case of tenant default. It is advisable to consult local legal counsel to ensure compliance with evolving state and municipal requirements.