Automobile Fraud: NEVADA
Nev. Rev. Stat. § 482.554
Prohibited acts: A seller who enters into a vehicle sale contract on credit, exercises a valid option to cancel the vehicle sale, and then, after the customer returns the vehicle with no damage other than reasonable wear and tear, falsely represents that buyer must sign another sale contract on less favorable terms, or then fails to return trade-in or any other consideration in full, or then fails to supply the required disclosure prior to entering into a new agreement.
Required procedures: None specified.