Is an SRPD necessary when buying "as-is" and off-market?

[Chase Hancock]

I'm wondering in Nevada, if it's necessary that a seller fills out a SRPD when it's an AS-IS off-market transaction? I've been told it's only required if it's not AS-IS and it's on the market. 

[Kurt Brauner]

Per the NRS 113.130 it is required that a seller provide a buyer with a SRPD within 10 days of the sale of a residential property. There are a few exceptions, bank owned, transfer of title between spouses etc. (review the NRS for more specifics). 

As for is this happening in all transactions such as off market deals, I have never received a SRPD from an off market seller nor have I requested a seller provide me with one. I do from time to time sell properties off market and I will always provide a buyer with a SRPD. I buy properties at a deep discount and feel that I assume the risk.

The SRPD is a seller disclosure that protects the seller and informs the buyer of any known defects. It limits the liability of the seller by disclosing any known issues.