Nevada Revised Statutes 522.087 – Implied covenants unaffected
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NRS 522.082 to 522.0878, inclusive, and any plan of unitization do not increase or decrease the implied covenants of a lease in respect to a common source of supply or lands not included within the unit area of a unit.
Terms Used In Nevada Revised Statutes 522.087
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC