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Free Nevada Cash for
Keys Agreement Template

Last reviewed September 2026

Written by LawLease Editorial

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Nevada Cash for Keys Agreement

This Cash for Keys Agreement is built with Nevada as the governing state. These are the Nevada landlord-tenant rules that most often bear on it, with the statute for each.

Nevada rules at a glance

Nevada rules for a Cash for Keys Agreement
Security deposit limit3 months’ rent, counting any surety bond and prepaid last month’s rentNRS 118A.242(1)
Deposit return30 days, with an itemized written accountingNRS 118A.242(4)
No nonrefundable depositsA lease can’t label any part of the deposit nonrefundable or waive these rights, though a reasonable nonrefundable cleaning charge is allowed (NRS 118A.242(8)).
Month-to-month termination30 days’ notice (7 days for week-to-week)NRS 40.251
Nonpayment notice7 judicial days to pay or surrenderNRS 40.2512
NonpaymentA written notice to pay rent or surrender gives the tenant 7 judicial days after service (NRS 40.2512). Nevada’s summary-eviction process — where the tenant must file an affidavit to contest — remains in place after a 2025 reform bill (AB 283) was vetoed.

Security deposits in Nevada

Nevada’s cap is generous by national standards but counts everything: the security deposit, any surety bond and any prepaid last month’s rent together may not exceed three months’ periodic rent (NRS 118A.242(1)). Nevada doesn’t require interest on deposits.

  • Surety bonds — With the landlord’s consent, a tenant may buy a surety bond instead of paying all or part of the deposit. A landlord isn’t required to accept one — and can’t require the tenant to buy one (NRS 118A.242(2)–(3)).
  • Allowed deductions — Only amounts reasonably necessary to cover unpaid rent, damage beyond normal wear caused by the tenant, and reasonable cleaning costs (NRS 118A.242(4)).
  • Return — Within 30 days after the tenancy ends, the landlord must give an itemized written accounting and return any remaining balance, in person where rent is paid or by mail to the tenant’s present or last known address (NRS 118A.242(4)).
  • Penalty — A landlord who fails to return the balance in 30 days owes the entire deposit plus up to another amount equal to the deposit, set by the court based on good faith and the harm caused (NRS 118A.242(6)–(7)).
  • No nonrefundable deposits — A lease can’t label any part of the deposit nonrefundable or waive these rights, though a reasonable nonrefundable cleaning charge is allowed (NRS 118A.242(8)).

Ending a Nevada tenancy

Notice to end a Nevada tenancy with no fixed term (NRS 40.251)
Week-to-weekAt least 7 days
Month-to-month and other periodicAt least 30 days
Tenancy at willAt least 5 days
  • Seniors & tenants with disabilities — After a no-cause notice on a periodic tenancy (other than week-to-week), a tenant 60 or older or with a disability may request in writing, with proof, to stay an additional 30 days (NRS 40.251(2)).
  • Shutdown workers — Federal, tribal and state workers affected by a government shutdown, and their household members, may request to stay through 30 days after the shutdown ends (NRS 40.251(3)).
  • Nonpayment — A written notice to pay rent or surrender gives the tenant 7 judicial days after service (NRS 40.2512). Nevada’s summary-eviction process — where the tenant must file an affidavit to contest — remains in place after a 2025 reform bill (AB 283) was vetoed.
  • Lease violations — A curable breach requires a written notice to perform or surrender; the tenant has 5 days after service to cure and save the lease (NRS 40.2516).
  • Nuisance, waste & drugs — Unlawful assignment or subletting, waste, an unlawful business, a nuisance, or controlled-substance violations allow a 3-day notice to surrender with no right to cure (NRS 40.2514).
  • Domestic violence — A tenant or cotenant who is a victim, or whose household member is, may end the lease on written notice effective at the end of the current rental period or 30 days after notice, whichever is sooner, with documentation (NRS 118A.345).

Nevada Cash for Keys Agreement FAQs

How much can a landlord charge for a security deposit in Nevada?

Up to three months’ periodic rent — but that limit covers the deposit, any surety bond and any prepaid last month’s rent combined (NRS 118A.242(1)).

How long does a landlord have to return a security deposit in Nevada?

30 days after the tenancy ends, with an itemized written accounting. Missing the deadline makes the landlord liable for the entire deposit plus up to another deposit’s worth in damages (NRS 118A.242(4), (6)).

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