Chapter 40 Reform Provides Relief for Nevada Homebuilding Industry

Chapter 40 Reform Provides Relief for Nevada Homebuilding Industry

Feb 26, 2015

Client Alert

Brownstein Client Alert, February 26, 2015

Nevada Gov. Brian Sandoval signed into law AB 125 (2015) ushering in critical reforms for Nevada’s construction defect laws. The law, which the Nevada Legislature passed this past Friday, Feb. 20, 2015, provides crucial relief for Nevada’s homebuilding industry and signifies the first major reform in 20 years to Nevada’s construction defect laws—the “Notice and Right to Repair” statute commonly referred to as “Chapter 40.” The bill was signed into law less than one month into the 2015 session of the Nevada Legislature.

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