Month-to-month lease agreements are governed by Nevada state law Chapter 40 Actions and Proceedings in Particular Cases Concerning Property and Chapter 118 Discrimination in Housing; Landlord and Tenant. These state laws, abbreviated as NRS, limit the amount of security deposit that a landlord can charge a tenant. The security deposit may be no more than three months’ rent. When the move-out occurs, the landlord must return the security deposit within 30 days. Under §118A.242, the landlord may use the security deposit to cover any missing payment of rent, repair damages to the rental unit that goes beyond normal wear and tear, or cleaning the unit.
Before getting involved in leasing real estate, landlords and property managers should seek legal advice to understand Nevada law and federal laws. Rental lease agreements create both obligations for tenants and give tenants rights that cannot be violated.
According to §40.251, the notice period for lease termination of a month-to-month residential lease agreement is 30 days. It must be a written notice.