Nevada Revised Statutes

Nev. Rev. Stat. § 104A.2102 (2026)

Scope

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NRS 104A.2102  Scope.

      1.  This article applies to any transaction, regardless of form, that creates a lease and, in the case of a hybrid lease, it applies to the extent provided in subsection 2.

      2.  In a hybrid lease:

      (a) If the lease-of-goods aspects do not predominate:

             (1) Only the provisions of this Article which relate primarily to the lease-of-goods aspects of the transaction apply, and the provisions that relate primarily to the transaction as a whole do not apply;

             (2) NRS 104A.2209 applies if the lease is a finance lease; and

             (3) NRS 104A.2407 applies to the promises of the lessee in a finance lease to the extent the promises are consideration for the right to possession and use of the leased goods.

      (b) If the lease-of-goods aspects predominate, this Article applies to the transaction, but this does not preclude application in appropriate circumstances of other law to the aspects of the lease which do not relate to the lease of goods.

      (Added to NRS by 1989, 340; A 1989, 721; 2023, 3239)

     

Notes of Decisions
Cited in 1 case, 1996–1996 · leading case: James Hardie Gypsum (Nevada) Inc. v. Inquipco, 929 P.2d 903 (Nev. 1996).
James Hardie Gypsum (Nevada) Inc. v. Inquipco, 929 P.2d 903 (Nev. 1996). “NRS 104A.2102; NRS 104A.2208. NRS 104A.2206 provides that “an offer to make a lease contract must be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances.”
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