Nevada

[Steveareno]

Where can I find information on the statute of limitations in the state of Nevada?
Thanks!

[Jon]

Hi Steve,

You asked "Where can I find information on the statute of limitations in the state of Nevada?
Thanks!"

Here is some information about the statute of limitations for the state of Nevada:

Nevada Statutes of limitation:

Written contract: 6 years.

Verbal contract: 4 years.

Property damage: 3 years.

Personal injury: 2 years.



Here are the different types of contracts:

Oral Contract: You agree to pay money loaned to you by someone or some company. This contract or agreement is verbal (i.e., no written contract, "handshake agreement" or "verbal agreement"). Verbal contracts are legal but tougher to prove in court.

Written Contract: You agree to pay on a loan under the terms written in a document, which you and your creditor have signed.

Promissory Note: You agree to pay on a loan via a written contract, just like the written contract. The difference between a promissory note and a regular written contract is that the scheduled payments and interest on the loan also is spelled out in the promissory note. A mortgage is an example of a promissory note.

Open-ended Accounts: Open-ended accounts are usually credit cards, department store, and gas cards. They are revolving lines of credit, which means that you use credit and pay a monthly payment that usually ranges from 2% to 5% of the balance.


If you are looking for more information about the statute of limitations you can find it at:

http://www.expert-credit-advice.com/sta ... ations.htm




Hope this was the information you have been looking for.

Jon