Nevada Revised Statutes 690D.045 – ‘Finance agreement’ defined
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‘Finance agreement’ means:
Terms Used In Nevada Revised Statutes 690D.045
- Contract: A legal written agreement that becomes binding when signed.
- 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
1. A loan made to the buyer of a vehicle for the purpose of financing the purchase of the vehicle and that is secured by the vehicle.
2. A lease between a long-term lessee and a long-term lessor.
3. A retail installment contract, as defined in NRS 97.105, for the purchase of a vehicle.