Nev. Rev. Stat. § 118B.140 — NV Code / Title 10 / Chapter 118B / Section 118B.140
Prohibited practices by landlord: Requiring or inducing purchase of manufactured home; charges
Status: in_force

1. Except as otherwise provided in subsection 2, the landlord or his or her agent or employee shall not: (a) Require a person to purchase a manufactured home from the landlord or any other person as a condition to renting a manufactured home lot to the purchaser or give an adjustment of rent or fees, or provide any other incentive to induce the purchase of a manufactured home from the landlord or any other person. (b) Charge or receive: (1) Any entrance or exit fee for assuming or leaving occupancy of a manufactured home lot. (2) Any transfer or selling fee or commission as a condition to permitting a tenant to sell his or her manufactured home or recreational vehicle within the manufactured home park, even if the manufactured home or recreational vehicle is to remain within the park, unless the landlord is licensed as a dealer of manufactured homes pursuant to NRS 489.311 and has acted as the tenant's agent in the sale pursuant to a written contract. (3) Any fee for the tenant's spouse or children. (4) Any fee for pets kept by a tenant in the park. If special facilities or services are provided, the landlord may also charge a fee reasonably related to the cost of maintenance of the facility or service and the number of pets kept in the facility. (5) Any additional service fee unless the landlord provides an additional service which is needed to protect the health and welfare of the tenants, and written notice advising each tenant of the additional fee is sent to the tenant 90 days in advance of the first payment to be made, and written notice of the additional fee is given to prospective tenants on or before commencement of their tenancy. A tenant may only be required to pay the additional service fee for the duration of the additional service. (6) Any fee for a late monthly rental payment within 4 days after the date the rental payment is due or which exceeds $5 for each day, excluding Saturdays, Sundays and legal holidays, which the payment is overdue, beginning on the day after the payment was due. Any fee for late payment of charges for utilities must be in accordance with the requirements prescribed by the Public Utilities Commission of Nevada. (7) Any fee for a late monthly rental payment by a federal worker, tribal worker, state worker or household member of such a worker during a shutdown. (8) Any fee, surcharge or rent increase to recover from his or her tenants the costs resulting from converting from a master-metered water system to individual water meters for each manufactured home lot. (9) Any fee, surcharge or rent increase to recover from his or her tenants any amount that exceeds the amount of the cost for a governmentally mandated service or tax that was paid by the landlord.

2. Except for the provisions of subparagraphs (3), (4), (6) and (9) of paragraph (b) of subsection 1, the provisions of this section do not apply to a corporate cooperative park.
Nev. Rev. Stat. § 116.3105 — NV Code / Title 10 / Chapter 116 / Section 116.3105
Termination of contracts and leases of declarant
Status: in_force

1. Within 2 years after the executive board elected by the units' owners pursuant to NRS 116.31034 takes office, the association may terminate without penalty, upon not less than 90 days' notice to the other party, any of the following if it was entered into before that executive board was elected: (a) Any management, maintenance, operations or employment contract, or lease of recreational or parking areas or facilities; or (b) Any other contract or lease between the association and a declarant or an affiliate of a declarant.

2. The association may terminate without penalty, at any time after the executive board elected by the units' owners pursuant to NRS 116.31034 takes office upon not less than 90 days' notice to the other party, any contract or lease that is not in good faith or was unconscionable to the units' owners at the time entered into.

3. This section does not apply to: (a) Any lease the termination of which would terminate the common-interest community or reduce its size, unless the real estate subject to that lease was included in the common-interest community for the purpose of avoiding the right of the association to terminate a lease under this section; or (b) A proprietary lease.
Nev. Rev. Stat. § 118B.100 — NV Code / Title 10 / Chapter 118B / Section 118B.100
Rules and regulations of park
Status: in_force

1. The landlord may adopt rules or regulations concerning the tenant's use and occupancy of the manufactured home lot and the grounds, areas and facilities of the manufactured home park held out for the use of tenants generally.

2. All such rules or regulations must be: (a) Reasonably related to the purpose for which they are adopted; (b) Sufficiently explicit in their prohibition, direction or limitation to inform the tenant of what the tenant must do or not do for compliance; (c) Adopted in good faith and not for the purpose of evading any obligation of the landlord arising under the law; (d) Consistent with the provisions of this chapter and a general plan of operation, construction or improvement, and must not arbitrarily restrict conduct or require any capital improvement by the tenant which is not specified in the rental agreement or unreasonably require a change in any capital improvement made by the tenant and previously approved by the landlord unless the landlord can show that it is in the best interest of the other tenants; and (e) Uniformly enforced against all tenants in the park, including the managers. Any rule or regulation which is not so uniformly enforced may not be enforced against any tenant.

3. No rule or regulation may be used to impose any additional charge for occupancy of a manufactured home lot or modify the terms of a rental agreement.

4. Except as otherwise provided in subsection 5, a rule or regulation is enforceable against the tenant only if the tenant has notice of it at the time the tenant enters into the rental agreement. A rule or regulation adopted or amended after the tenant enters into the rental agreement is not enforceable unless the tenant consents to it in writing or is given 60 days' notice of it in writing. The landlord may not adopt or amend a rule or regulation of the park unless a meeting of the tenants is held to discuss the proposal and the landlord provides each tenant with notice of the proposal and the date, time and place of the meeting not less than 60 days before the meeting. The notice must include a copy of the proposed adoption or amendment of the rule or regulation. A notice in a periodic publication of the park does not constitute notice for the purposes of this subsection.

5. A rule or regulation pertaining to recreational facilities in the manufactured home park must be in writing to be enforceable.

6. A rule or regulation adopted or amended in compliance with the provisions of this section supersedes any previously existing rule or regulation that conflicts with the adopted or amended rule or regulation. Only one version of any rules and regulations or any architectural standards may be in effect at any given time.

7. The landlord shall provide the tenant with a copy of the existing rules and regulations at the time the tenant enters into the rental agreement.

8. As used in this section, “ capital improvement ” means an addition or betterment made to a manufactured home located on a lot in a manufactured home park which is leased by the landlord that: (a) Consists of more than the repair or replacement of an existing facility; (b) Is required by federal law to be amortized over its useful life for the purposes of income tax; and (c) Has a useful life of 5 years or more.
Nev. Rev. Stat. § 118.120 — NV Code / Title 10 / Chapter 118 / Section 118.120
Actions for injunction or damages
Status: in_force

Any person may commence an action in any district court in this state to enforce the provisions of NRS 118.100 , 207.300 , 207.310 , 645.321 or 645C.480 not less than 1 year after the date of the occurrence or termination of an alleged violation of any of those provisions. If the court determines that the provisions of any of those sections have been violated by the defendant, and that the plaintiff has been injured thereby, it may enjoin the defendant from continued violation or may take such other affirmative action as may be appropriate, and, in the case of a prevailing plaintiff, may award to the plaintiff actual damages, punitive damages, court costs and a reasonable attorney's fee.
Nev. Rev. Stat. § 111.811 — NV Code / Title 10 / Chapter 111 / Section 111.811
Payments made to minors designated as beneficiaries
Status: in_force

If a financial institution is required or authorized to make payment pursuant to NRS 111.783 to 111.815 , inclusive, to a minor designated as a beneficiary, payment may be made pursuant to Nevada's Uniform Act on Transfers to Minors, as set forth in chapter 167 of NRS , or an equivalent law in another jurisdiction.
Nev. Rev. Stat. § 119A.090 — NV Code / Title 10 / Chapter 119A / Section 119A.090
“Project broker” defined
Status: in_force

“ Project broker ” means any person who coordinates the sale of time shares for one or more time-share plans on behalf of one or more developers and who is licensed as a real estate broker pursuant to the provisions of chapter 645 of NRS .
Nev. Rev. Stat. § 118A.440 — NV Code / Title 10 / Chapter 118A / Section 118A.440
Failure of tenant to perform basic obligations: Remedial work by landlord may be charged to tenant
Status: in_force

If the tenant's failure to perform basic obligations under this chapter can be remedied by repair, replacement of a damaged item or cleaning, and the tenant fails to use his or her best efforts to comply within 14 days after written notice by the landlord specifying the breach and requesting that the tenant remedy it within that period of time or more promptly if conditions require in case of emergency, the landlord may enter the dwelling unit and cause the work to be done in a workmanlike manner and submit the itemized bill for the actual and reasonable cost, or the fair and reasonable value of the work. The itemized bill must be paid as rent on the next date periodic rent is due, or if the rental agreement has terminated, may be submitted to the tenant for immediate payment or deducted from the security deposit.
Nev. Rev. Stat. § 116B.630 — NV Code / Title 10 / Chapter 116B / Section 116B.630
Liens against units for assessments
Status: in_force

1. The association or the hotel unit owner, as applicable, has a lien on a unit for any assessment or charge, including assessments for common expenses and charges for shared expenses or other charges of the hotel unit owner, authorized by this chapter that is levied against that unit or any fines imposed against the unit's owner from the time the assessment, charge or fine becomes due. If an assessment is payable in installments, the full amount of the assessment or charge is a lien from the time the first installment thereof becomes due.

2. A lien under this section is prior to all other liens and encumbrances on a unit except: (a) Liens and encumbrances recorded before the recordation of the declaration; (b) A first security interest on the unit recorded before the date on which the assessment sought to be enforced became delinquent; and (c) Liens for real estate taxes and other governmental assessments or charges against the unit. This subsection does not affect the priority of mechanics' or materialmen's liens, or the priority of liens for other assessments made by the association.

3. Unless the declaration otherwise provides, if the association and the hotel unit owner both have liens for assessments or charges created at any time on the same property, the priority of those liens is governed by Nevada law.

4. Recording of the declaration constitutes record notice and perfection of the lien. No further recordation of any claim of lien for assessment or charge under this section is required.

5. A lien for unpaid assessments or charges is extinguished unless proceedings to enforce the lien are instituted within 3 years after the full amount of the assessments or charges become due.

6. This section does not prohibit actions to recover sums for which subsection 1 creates a lien or prohibit an association or the hotel unit owner, as applicable, from taking a deed in lieu of foreclosure.

7. A judgment or decree in any action brought under this section must include costs and reasonable attorney's fees for the prevailing party.

8. The association or the hotel unit owner, as applicable, upon written request, shall furnish to a residential unit owner a statement setting forth the amount of unpaid assessments or charges against the unit. If the interest of the unit's owner is real estate or if a lien for the unpaid assessments or charges may be foreclosed under this chapter, the statement must be in recordable form. The statement must be furnished within 10 business days after receipt of the request and is binding on the association or the declarant, as applicable, and every unit's owner.

9. In an action by an association to collect assessments or by the hotel unit owner to collect shared expenses or to foreclose a lien created under this section, the court may appoint a receiver to collect all rents or other income from the unit alleged to be due and owing to a unit's owner before commencement or during pendency of the action. The receivership is governed by chapter 32 of NRS. The court may order the receiver to pay any sums held by the receiver to the: (a) Association during pendency of the action to the extent of the association's common expense assessments based on a periodic budget adopted by the association pursuant to NRS 116B.600 ; or (b) Hotel unit owner to the extent of the hotel unit owner's shared expenses based on a periodic budget provided by the hotel unit owner pursuant to NRS 116B.595 .
Nev. Rev. Stat. § 116B.605 — NV Code / Title 10 / Chapter 116B / Section 116B.605
Study of reserves for common elements; duties of executive board regarding study; person who conducts study required to be registered; contents of study; submission of summary of study to Division
Status: in_force

1. The executive board shall: (a) At least once every 5 years, cause to be conducted a study of the reserves required to repair, replace and restore the major components of the common elements; (b) At least annually, review the results of that study to determine whether those reserves are sufficient; and (c) At least annually, make any adjustments to the association's funding plan which the executive board deems necessary to provide adequate funding for the required reserves.

2. The study of the reserves required by subsection 1 must be conducted by a person who is registered with the Division pursuant to chapter 116A of NRS .

3. The study of the reserves must include, without limitation: (a) A summary of an inspection of the major components of the common elements that the association is obligated to repair, replace or restore; (b) An identification of the major components of the common elements that the association is obligated to repair, replace or restore which have a remaining useful life of less than 30 years; (c) An estimate of the remaining useful life of each major component of the common elements identified pursuant to paragraph (b); (d) An estimate of the cost of repair, replacement or restoration of each major component of the common elements identified pursuant to paragraph (b) during and at the end of its useful life; and (e) An estimate of the total annual assessment that may be necessary to cover the cost of repair, replacement or restoration of the major components of the common elements identified pursuant to paragraph (b), after subtracting the reserves of the association as of the date of the study, and an estimate of the funding plan that may be necessary to provide adequate funding for the required reserves.

4. A summary of the study of the reserves required by subsection 1 must be submitted to the Division not later than 45 days after the date that the executive board adopts the results of the study.
Nev. Rev. Stat. § 119.270 — NV Code / Title 10 / Chapter 119 / Section 119.270
Hearing officers
Status: in_force

In any proceeding under this chapter, the Administrator may appoint hearing officers from the staff of the Department of Business and Industry who shall act as his or her agents and conduct any hearing or investigation which may be conducted by the Administrator under the provisions of this chapter.
Nev. Rev. Stat. § 111.669 — NV Code / Title 10 / Chapter 111 / Section 111.669
“Property” defined
Status: in_force

“ Property ” means an interest in real property located in this State which is transferable on the death of the owner.
Nev. Rev. Stat. § 116.31138 — NV Code / Title 10 / Chapter 116 / Section 116.31138
Insurance: Variance or waiver of provisions in community restricted to nonresidential use
Status: in_force

The provisions of NRS 116.3113 , 116.31133 and 116.31135 may be varied or waived in the case of a common-interest community all of whose units are restricted to nonresidential use.
Nev. Rev. Stat. § 116.11085 — NV Code / Title 10 / Chapter 116 / Section 116.11085
Provisions of chapter prevail over conflicting provisions governing certain business entities generally
Status: in_force

If a matter governed by this chapter is also governed by chapter 78, 81, 82, 86, 87, 87A, 88 or 88A of NRS and there is a conflict between the provisions of this chapter and the provisions of those other chapters, the provisions of this chapter prevail.
Nev. Rev. Stat. § 120A.630 — NV Code / Title 10 / Chapter 120A / Section 120A.630
Claim of another state to recover property
Status: in_force

1. After property has been paid or delivered to the Administrator under this chapter, another state may recover the property if: (a) The property was paid or delivered to the custody of this State because the records of the holder did not reflect a last known location of the apparent owner within the borders of the other state and the other state establishes that the apparent owner or other person entitled to the property was last known to be located within the borders of that state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state; (b) The property was paid or delivered to the custody of this State because the laws of the other state did not provide for the escheat or custodial taking of the property and under the laws of that state subsequently enacted the property has escheated or become subject to a claim of abandonment by that state; (c) The records of the holder were erroneous in that they did not accurately identify the owner of the property and the last known location of the owner within the borders of another state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state; (d) The property was subjected to custody by this State under paragraph (f) of subsection 1 of NRS 120A.530 , and under the laws of the state of domicile of the holder the property has escheated or become subject to a claim of abandonment by that state; or (e) The property is a sum payable on a traveler's check, money order or similar instrument that was purchased in the other state and delivered into the custody of this State under paragraph (g) of subsection 1 of NRS 120A.530 , and under the laws of the other state the property has escheated or become subject to a claim of abandonment by that state.

2. A claim of another state to recover escheated or abandoned property must be presented in a form prescribed by the Administrator, who shall decide the claim within 90 days after it is presented. The Administrator shall allow the claim upon determining that the other state is entitled to the abandoned property under subsection 1.

3. The Administrator shall require another state, before recovering property under this section, to agree to indemnify this State and its officers and employees against any liability on a claim to the property.
Nev. Rev. Stat. § 111.095 — NV Code / Title 10 / Chapter 111 / Section 111.095
When attornment of tenant void
Status: in_force

The attornment of a tenant to a stranger shall be void unless it be with the consent of the landlord of such tenant, or in pursuance to, or in consequence of, a judgment or decree of some court of competent jurisdiction.
Nev. Rev. Stat. § 111.727 — NV Code / Title 10 / Chapter 111 / Section 111.727
“Personal representative” defined
Status: in_force

“Personal representative” has the meaning ascribed to it in NRS 132.265 .
Nev. Rev. Stat. § 119A.542 — NV Code / Title 10 / Chapter 119A / Section 119A.542
Conduct and contents of study of reserves; review of study and necessary adjustments to reserves; regulations
Status: in_force

1. The developer or board of an association shall: (a) Cause to be conducted at least once every 5 years, a study of the reserves required to repair, replace and restore the major components of the project; (b) Review the results of that study at least annually to determine if those reserves are sufficient; and (c) Make any adjustments it deems necessary to maintain the required reserves.

2. The study required by subsection 1 must be conducted by a person qualified by training and experience to conduct such a study, including a member of the board or the manager of the time-share plan or the project, or both, who is so qualified. The study must include, without limitation: (a) A summary of an inspection of the major components of the project; (b) An identification of the major components of the project which have a remaining useful life of less than 30 years; (c) An estimate of the remaining useful life of each major component identified pursuant to paragraph (b); (d) An estimate of the cost of repair, replacement or restoration of each major component identified pursuant to paragraph (b) during and at the end of its useful life; and (e) An estimate of the total annual assessment that may be required to cover the cost of repairing, replacing or restoring the major components identified pursuant to paragraph (b), after subtracting the reserves of the association as of the date of the study.

3. The Administrator shall adopt by regulation the qualifications required for conducting a study required by subsection 1.
Nev. Rev. Stat. § 115.080 — NV Code / Title 10 / Chapter 115 / Section 115.080
Property not exempt from sale for taxes
Status: in_force

Nothing in this chapter shall be so construed as exempting any real or personal property from sale for taxes.
Nev. Rev. Stat. § 113.130 — NV Code / Title 10 / Chapter 113 / Section 113.130
Completion and service of disclosure form before conveyance of property; discovery or worsening of defect after service of form; limitation on liability of seller’s agent; exceptions; waiver
Status: in_force

1. Except as otherwise provided in subsection 2: (a) At least 10 days before residential property is conveyed to a purchaser: (1) The seller shall complete a disclosure form regarding the residential property; and (2) The seller or the seller's agent shall serve the purchaser or the purchaser's agent with the completed disclosure form. A seller's agent shall not complete a disclosure form regarding the residential property on behalf of the seller. (b) If, after service of the completed disclosure form but before conveyance of the property to the purchaser, a seller or the seller's agent discovers a new defect in the residential property that was not identified on the completed disclosure form or discovers that a defect identified on the completed disclosure form has become worse than was indicated on the form, the seller or the seller's agent shall inform the purchaser or the purchaser's agent of that fact, in writing, as soon as practicable after the discovery of that fact but in no event later than the conveyance of the property to the purchaser. If the seller does not agree to repair or replace the defect, the purchaser may: (1) Rescind the agreement to purchase the property; or (2) Close escrow and accept the property with the defect as revealed by the seller or the seller's agent without further recourse. (c) A seller's agent is not liable to the purchaser for damages if: (1) The seller is aware of a defect and fails to disclose the defect to the purchaser on the disclosure form as required pursuant to paragraph (a); or (2) After service of the completed disclosure form but before conveyance of the property to the purchaser, the seller discovers a new defect in the residential property that was not identified on the completed disclosure form or discovers that a defect identified on the completed disclosure form has become worse than was indicated on the form and fails to inform the purchaser or the purchaser's agent of that fact as required pursuant to paragraph (b). The provisions of this paragraph do not affect, and must not be construed to affect, the obligation of a seller's agent to comply with the provisions of paragraph (a) of subsection 1 of NRS 645.252 .

2. Subsection 1 does not apply to a sale or intended sale of residential property: (a) By foreclosure pursuant to chapter 107 of NRS . (b) Between any co-owners of the property, spouses or persons related within the third degree of consanguinity. (c) Which is the first sale of a residence that was constructed by a licensed contractor. (d) By a person who takes temporary possession or control of or title to the property solely to facilitate the sale of the property on behalf of a person who relocates to another county, state or country before title to the property is transferred to a purchaser. (e) By a fiduciary under title 12 or 13 of NRS, including, without limitation, a personal representative, guardian, trustee or person acting under a power of attorney, who takes temporary possession or control of or title to the property solely to facilitate the sale of the property on behalf of a person who is deceased or incapacitated.

3. A purchaser of residential property may not waive any of the requirements of subsection 1. A seller of residential property may not require a purchaser to waive any of the requirements of subsection 1 as a condition of sale or for any other purpose.

4. If a sale or intended sale of residential property is exempted from the requirements of subsection 1 pursuant to paragraph (a) of subsection 2, the trustee and the beneficiary of the deed of trust shall, not later than at the time of the conveyance of the property to the purchaser of the residential property, or upon the request of the purchaser of the residential property, provide: (a) Written notice to the purchaser of any defects in the property of which the trustee or beneficiary, respectively, is aware; and (b) If any defects are repaired or replaced or attempted to be repaired or replaced, the contact information of any asset management company who provided asset management services for the property. The asset management company shall provide a service report to the purchaser upon request.

5. As used in this section: (a) “Seller” includes, without limitation, a client as defined in NRS 645H.060 . (b) “Service report” has the meaning ascribed to it in NRS 645H.150 .
Nev. Rev. Stat. § 116B.525 — NV Code / Title 10 / Chapter 116B / Section 116B.525
Meetings of executive board; frequency of meetings; requirements concerning notice and agendas; periodic review of certain financial and legal matters at meetings; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of certain meetings
Status: in_force

1. A meeting of the executive board must be held at least once a year.

2. Except in an emergency or unless the bylaws of an association require a longer period of notice, the secretary or other officer specified in the bylaws of the association shall, not less than 30 days before the date of a meeting of the executive board, cause notice of the meeting to be given to the units' owners. Such notice must be: (a) Given to the units' owners in the manner set forth in NRS 116B.513 ; or (b) Published in a newsletter or other similar publication that is circulated to each unit's owner.

3. In an emergency, the secretary or other officer specified in the bylaws of the association shall, if practicable, cause notice of the meeting to be sent prepaid by United States mail to the mailing address of each unit within the condominium hotel. If delivery of the notice in this manner is impracticable, the notice must be hand-delivered to each unit within the condominium hotel or posted in a prominent place or places within the common elements of the association.

4. The notice of a meeting of the executive board must state the time and place of the meeting and include a copy of the agenda for the meeting or the date on which and the locations where copies of the agenda may be conveniently obtained by the units' owners. The notice must include notification of the right of a unit's owner to: (a) Have a copy of the minutes or a summary of the minutes of the meeting provided to the unit's owner upon request and, if required by the executive board, upon payment to the association of the cost of providing the copy to the unit's owner. (b) Speak to the association or executive board, unless the executive board is meeting in executive session.

5. The agenda of the meeting of the executive board must comply with the provisions of subsection 4 of NRS 116B.520 . The period required to be devoted to comments by the units' owners and discussion of those comments must be scheduled for the beginning of each meeting. In an emergency, the executive board may take action on an item which is not listed on the agenda as an item on which action may be taken.

6. At least once every year, unless the declaration or bylaws of the association impose more stringent standards, the executive board shall review, at a minimum, the following financial information at one of its meetings: (a) A current year-to-date financial statement of the association; (b) A current year-to-date schedule of revenues and expenses for the operating account and the reserve account, compared to the budget for those accounts; (c) A current reconciliation of the operating account of the association; (d) A current reconciliation of the reserve account of the association; (e) The latest account statements prepared by the financial institutions in which the accounts of the association are maintained; and (f) The current status of any civil action or claim submitted to arbitration or mediation in which the association is a party.

7. The secretary or other officer specified in the bylaws shall cause minutes to be recorded or otherwise taken at each meeting of the executive board. Not more than 30 days after each such meeting, the secretary or other officer specified in the bylaws shall cause the minutes or a summary of the minutes of the meetings to be made available to the units' owners. A copy of the minutes or a summary of the minutes must be provided to any unit's owner upon request and, if required by the executive board, upon payment to the association of the cost of providing the copy to the unit's owner.

8. Except as otherwise provided in subsection 9 and NRS 116B.530 , the minutes of each meeting of the executive board must include: (a) The date, time and place of the meeting; (b) The names of those members of the executive board who were present and of those members who were absent at the meeting; (c) The substance of all matters proposed, discussed or decided at the meeting; (d) A record of each member's vote on any matter decided by vote at the meeting; and (e) The substance of remarks made by any unit's owner who addresses the executive board at the meeting if the unit's owner requests that the minutes reflect his or her remarks or, if the unit's owner has prepared written remarks, a copy of his or her prepared remarks if the unit's owner submits a copy for inclusion.

9. The executive board may establish reasonable limitations on materials, remarks or other information to be included in the minutes of its meetings.

10. The association shall maintain the minutes of each meeting of the executive board until the condominium hotel is terminated.

11. A unit's owner may record on audiotape or any other means of sound reproduction a meeting of the executive board, unless the executive board is meeting in executive session, if the unit's owner, before recording the meeting, provides notice of his or her intent to record the meeting to the members of the executive board and the other units' owners who are in attendance at the meeting.

12. As used in this section, “ emergency ” means any occurrence or combination of occurrences that: (a) Could not have been reasonably foreseen; (b) Affects the health, welfare and safety of the units' owners or residents of the condominium hotel; (c) Requires the immediate attention of, and possible action by, the executive board; and (d) Makes it impracticable to comply with the provisions of subsection 2 or 5.
Nev. Rev. Stat. § 119A.304 — NV Code / Title 10 / Chapter 119A / Section 119A.304
Developer to file amended statement of record if material change to time-share plan; effectiveness; correction of deficiencies; amendment to time-share instrument required to be filed with Division; approval of amendment by Division
Status: in_force

1. If there is a material change to the time-share plan, the developer shall file an amended statement of record, and such amended statement of record is effective on the 60th day after the filing or, in the event that units are added to the time-share plan which are in a component site which has not previously been registered with the Division, on the 120th day after the filing, unless the Administrator: (a) Issues a denial of the amended statement of record pursuant to NRS 119A.654 in a notice of deficiency describing the reasons for the denial in sufficient detail to allow the developer to correct the deficiencies in the amended statement of record; or (b) Approves the amended statement of record on an earlier date.

2. The developer may submit evidence that the deficiencies in the amended statement of record described in the notice of deficiency issued pursuant to paragraph (a) of subsection 1 have been corrected within 90 days after the developer receives the notice of deficiency or within such extended time period as approved by the Division in writing.

3. The Administrator shall, within 30 days after receiving evidence that the deficiencies in the amended statement of record are corrected, approve the amended statement of record or issue a denial of the amended statement of record pursuant to NRS 119A.654 in a notice of deficiency describing the reasons for denial. If the Division fails to take any of the actions described in this subsection within the 30-day period, the amended statement of record shall be deemed approved by the Division.

4. If the developer fails to correct all the deficiencies in the amended statement of record after receipt of a second notice of deficiency pursuant to subsection 3, the Administrator may deny the amended statement of record and require the developer to pay a filing fee equal to one-half of the filing fee for an amendment to a statement of record as set forth in subsection 1 of NRS 119A.360 .

5. Any amendment proposed by the developer to the provisions of a time-share instrument must be filed with the Division. Unless the Division notifies the developer of its disapproval within 15 days after the developer files the proposed amendment to the time-share instrument, the amendment shall be deemed to be approved by the Division.
Nev. Rev. Stat. § 118B.097 — NV Code / Title 10 / Chapter 118B / Section 118B.097
Licensed person required to perform certain repairs; regulations; exceptions; procedure for complaint relating to certain repairs
Status: in_force

1. Except as otherwise provided in subsections 3 and 4, any repair to a manufactured home, including, without limitation, any repair which may affect the structural, electrical, plumbing, drainage, roofing, mechanical or solid fuel burning systems of the home, or requires a permit before the repair may be performed, may be performed legally only by a person who is qualified by licensure pursuant to chapter 489 of NRS to perform such a repair, and: (a) A person shall not perform the repair unless the person has such qualifications; and (b) A tenant or a landlord, or his or her agent or employee, shall not employ a third party to perform the repair if he or she knows or, in light of all the surrounding facts and circumstances, reasonably should know that the third party does not have such qualifications.

2. The Administrator shall adopt regulations to specify the repairs that a person without an applicable license may make to a manufactured home in accordance with the provisions of this section and chapter 489 of NRS .

3. A person may perform any repair described in this section without obtaining a license pursuant to chapter 489 of NRS if: (a) The repair does not affect the fuel systems or structural systems of the manufactured home; and (b) The person performing the repair is appropriately licensed pursuant to chapter 624 of NRS .

4. A person may perform any repair described in this section without obtaining a license pursuant to chapter 489 or 624 of NRS if: (a) The repair does not affect the fuel systems or structural systems of the manufactured home; (b) The repair does not require a permit before the repair may be performed; and (c) The value of the repair is less than $1,000 and the provisions of chapter 624 of NRS do not require the person to be licensed pursuant to chapter 624 of NRS to perform the repair.

5. Any complaint concerning any repair performed pursuant to this section by a person licensed pursuant to chapter 624 of NRS : (a) May be filed with the Division; and (b) If the Division issues a final order finding that an act or omission occurred which is a ground for disciplinary action pursuant to NRS 489.416 , the Division shall forward the final order and any related findings and conclusions to the State Contractors' Board for consideration of further disciplinary action pursuant to chapter 624 of NRS .
Nev. Rev. Stat. § 120A.098 — NV Code / Title 10 / Chapter 120A / Section 120A.098
“Money order” defined
Status: in_force

“ Money order ” means an order for payment of a specified amount of money. The term includes an express money order and a personal money order, on which the remitter is the purchaser. The term does not include a bank money order or any other instrument sold by a financial organization if the seller has obtained the name and address of the payee.
Nev. Rev. Stat. § 119A.255 — NV Code / Title 10 / Chapter 119A / Section 119A.255
Representatives: Application for renewal of registration to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection
Status: in_force

1. In addition to any other requirements set forth in this chapter, an applicant for the renewal of registration as a representative must indicate in the application submitted to the Division whether the applicant has a state business license. If the applicant has a state business license, the applicant must include in the application the business identification number assigned by the Secretary of State upon compliance with the provisions of chapter 76 of NRS.

2. Registration as a representative may not be renewed by the Administrator if: (a) The applicant fails to submit the information required by subsection 1; or (b) The State Controller has informed the Administrator pursuant to subsection 5 of NRS 353C.1965 that the applicant owes a debt to an agency that has been assigned to the State Controller for collection and the applicant has not: (1) Satisfied the debt; (2) Entered into an agreement for the payment of the debt pursuant to NRS 353C.130 ; or (3) Demonstrated that the debt is not valid.

3. As used in this section: (a) “ Agency ” has the meaning ascribed to it in NRS 353C.020 . (b) “ Debt ” has the meaning ascribed to it in NRS 353C.040 .
Nev. Rev. Stat. § 119B.060 — NV Code / Title 10 / Chapter 119B / Section 119B.060
“Camping site” defined
Status: in_force

“Camping site” means a space designed and offered for the purpose of locating a trailer, tent, tent trailer, pickup camper or other similar device used for camping.
Nev. Rev. Stat. § 116B.130 — NV Code / Title 10 / Chapter 116B / Section 116B.130
“Identifying number” defined
Status: in_force

“ Identifying number ” means a symbol, address or legally sufficient description of real estate which identifies only one unit in a condominium hotel.
Nev. Rev. Stat. § 119A.036 — NV Code / Title 10 / Chapter 119A / Section 119A.036
“Common area” defined
Status: in_force

“Common area” means those portions of a project other than the units. The term includes any easement which benefits the project.
Nev. Rev. Stat. § 111.190 — NV Code / Title 10 / Chapter 111 / Section 111.190
Revocation and reconveyance
Status: in_force

Where a power to revoke a conveyance of lands, or the rents and profits thereof, and to reconvey the same, shall be given to any person other than the grantor in such conveyance, and such person shall thereafter convey the same lands, rents or profits to a purchaser for a valuable consideration, such subsequent conveyance shall be valid in the same manner, and to the same extent, as if the power of revocation were recited therein, and the intent to revoke the former conveyance expressly declared.
Nev. Rev. Stat. § 119A.420 — NV Code / Title 10 / Chapter 119A / Section 119A.420
Deposits to be placed in escrow account; surety bond in lieu of escrow account
Status: in_force

All money, negotiable instruments or other deposits pertaining to the sale of a time share which are received from a purchaser must be placed in an escrow account established to the satisfaction of the Division and held until such time as the right to cancel the contract of sale pursuant to NRS 119A.410 has expired and the purchaser has failed to cancel the contract of sale. In lieu of placing such deposits in an escrow account, the developer or project broker may establish to the satisfaction of the Division that a surety bond has been posted for the benefit of purchasers in the project in the amount of:

1. Twenty-five thousand dollars; or

2. The highest monthly total amount of deposits received by a project broker,

whichever is greater.
Nev. Rev. Stat. § 116B.235 — NV Code / Title 10 / Chapter 116B / Section 116B.235
“Unit” defined
Status: in_force

“ Unit ” means a residential unit, a hotel unit or any other type of unit that may be created as a physical portion of the condominium hotel for separate ownership or occupancy, the boundaries of which are described in the declaration. If another type of unit is created, the rights and obligations associated with such a unit are as set forth in the governing documents.
Nev. Rev. Stat. § 111.1039 — NV Code / Title 10 / Chapter 111 / Section 111.1039
Prospective application
Status: in_force

1. Except as extended by subsection 2, NRS 111.103 to 111.1037 , inclusive, apply to a nonvested property interest or a power of appointment that is created on or after July 1, 1987. For purposes of this section only, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is created when the power is irrevocably exercised or when a revocable exercise becomes irrevocable.

2. With respect to a nonvested property interest or a power of appointment that was created before July 1, 1987, and that violates the rule against perpetuities as that rule existed before that date, a court, upon the petition of an interested person, may exercise its equitable power to reform the disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the limits of the rule against perpetuities applicable when the nonvested property interest or power of appointment was created.
Nev. Rev. Stat. § 116.31085 — NV Code / Title 10 / Chapter 116 / Section 116.31085
Right of units' owners to speak at certain meetings; limitations on right; limitations on power of executive board to meet in executive session; procedure governing hearings on alleged violations; requirements concerning minutes of certain meetings
Status: in_force

1. Except as otherwise provided in this section, a unit's owner may attend any meeting of the units' owners or of the executive board and speak at any such meeting. The executive board may establish reasonable limitations on the time a unit's owner may speak at such a meeting.

2. An executive board may not meet in executive session to open or consider bids for an association project as defined in NRS 116.31086 , or to enter into, renew, modify, terminate or take any other action regarding a contract.

3. An executive board may meet in executive session only to: (a) Consult with the attorney for the association if the contents of the discussion would otherwise be governed by the privilege set forth in NRS 49.035 to 49.115 , inclusive. (b) Discuss the character, alleged misconduct, professional competence, or physical or mental health of a community manager or an employee of the association. (c) Except as otherwise provided in subsection 4, discuss a violation of the governing documents, including, without limitation, the failure to pay an assessment. (d) Discuss the alleged failure of a unit's owner to adhere to a schedule required pursuant to NRS 116.310305 if the alleged failure may subject the unit's owner to a construction penalty.

4. An executive board shall meet in executive session to hold a hearing on an alleged violation of the governing documents unless the person who may be sanctioned for the alleged violation requests in writing that an open hearing be conducted by the executive board, in which case the hearing must be held in a meeting of the executive board pursuant to NRS 116.31083 . The person who may be sanctioned for the alleged violation: (a) Is entitled to attend all portions of the hearing related to the alleged violation, including, without limitation, the presentation of evidence and the testimony of witnesses; (b) Is entitled to due process, as set forth in the standards adopted by regulation by the Commission, which must include, without limitation, the right to counsel, the right to present witnesses and the right to present information relating to any conflict of interest of any member of the hearing panel; (c) Is not entitled to attend the deliberations of the executive board; and (d) Is entitled to receive written notice of the decision of the executive board regarding the alleged violation within a reasonable time after the decision is made. The period to cure a violation before it becomes a continuing violation as provided in subsection 7 of NRS 116.31031 shall be deemed not to commence until the date on which the notice of the decision of the executive board is provided to the person sanctioned for the violation.

5. The provisions of subsection 4 establish the minimum protections that the executive board must provide before it may make a decision. The provisions of subsection 4 do not preempt any provisions of the governing documents that provide greater protections.

6. Except as otherwise provided in this subsection, any matter discussed by the executive board when it meets in executive session must be generally noted in the minutes of the meeting of the executive board. If the executive board holds a meeting limited exclusively to an executive session pursuant to paragraph (c) or (d) of subsection 3, at the next regularly scheduled meeting of the executive board, the executive board shall acknowledge that the executive board met in accordance with paragraph (c) or (d) of subsection 3, as applicable, and include such an acknowledgment in the minutes of the meeting at which the acknowledgment was made. The executive board shall maintain minutes of any decision made pursuant to subsection 4 concerning an alleged violation.

7. Except as otherwise provided in subsection 4, a unit's owner is not entitled to attend or speak at a meeting of the executive board held in executive session.
Nev. Rev. Stat. § 119B.285 — NV Code / Title 10 / Chapter 119B / Section 119B.285
Action by purchaser or Administrator for misrepresentation or other violation
Status: in_force

1. Where any part of the statement of record contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein, the Administrator or any person acquiring a membership from the developer or his or her agent during the period the public offering statement remained uncorrected (unless it is proved that at the time of the acquisition the Administrator or purchaser knew of the untruth or omission) may sue the developer in any court of competent jurisdiction.

2. Any developer or agent who sells a membership: (a) In violation of this chapter; or (b) By means of a public offering statement which contained an untrue statement of a material fact required to be stated therein, may be sued by the Administrator or purchaser of the membership.

3. If a suit authorized under subsection 1 or 2 is brought by the purchaser, the purchaser is entitled to recover such damages as represent the difference between the amount paid for the membership and the reasonable cost of any permanent improvements thereto, and the lesser of: (a) The value thereof as of the time the suit was brought; (b) The price at which the membership has been disposed of in a bona fide market transaction before suit; or (c) The price at which the membership has been disposed of after suit in a bona fide market transaction but before judgment, or to rescission of the contract of sale and the refund of any consideration paid by the purchaser.

4. If a suit authorized under subsection 1 or 2 is brought by the Administrator, the Administrator may seek a declaration of the court that any person entitled to sue the developer or his or her agent under this section is entitled to the right of rescission and the refund of any consideration paid by him or her.

5. Every person who becomes liable to make any payment under this section may recover contribution as in cases of contract from any person who, if sued separately, would have been liable to make the same payment.

6. Reasonable attorney's fees may be awarded to the prevailing party in any action brought under this section. Any action to rescind a contract of sale under this section must be brought within 1 year after the date of purchase or within 1 year after the date of the discovery of the misrepresentation giving rise to the action for rescission.

7. The provisions of this section are in addition to and not a substitute for any other right of a person to bring an action in any court for any act involved in the offering or sale of memberships or the right of the state to punish any person for any violation of any law.

8. For the purposes of this section “statement of record” means the information submitted to the Administrator by the developer in its application for a permit to offer to sell memberships in a campground.
Nev. Rev. Stat. § 119A.700 — NV Code / Title 10 / Chapter 119A / Section 119A.700
False or misleading advertising
Status: in_force

1. It is unlawful for any person to use false or misleading information to advertise the sale of time shares.

2. Unless a person has actual knowledge of the false or misleading information, the owner, publisher, licensee or operator of any newspaper, magazine, television or radio broadcasting station or their agents or employees are not liable under this chapter for any advertising of any time share carried in the newspaper, magazine or by the television or radio broadcasting station nor are any of them liable under this chapter for the contents of any advertisement.
Nev. Rev. Stat. § 119B.120 — NV Code / Title 10 / Chapter 119B / Section 119B.120
Applicability; exemptions
Status: in_force

1. The provisions of this chapter do not apply to: (a) An offering subject and registered pursuant to the provisions of chapter 119 of NRS ; (b) An offering subject and registered pursuant to the provisions of chapter 119A of NRS ; (c) An offer, sale or transfer by any one person of no more than one membership in a campground in any 12 months; (d) An offer or sale by a government or governmental agency; or (e) A bona fide pledge of a membership in a campground.

2. The Administrator may, pursuant to the regulations adopted by the Administrator, exempt from a provision of this chapter any other sale, transfer or disposition of a membership if the Administrator finds that the enforcement of that provision with respect to that transaction is not necessary to protect the public interest or that of the purchasers thereof.
Nev. Rev. Stat. § 116.2113 — NV Code / Title 10 / Chapter 116 / Section 116.2113
Subdivision of units
Status: in_force

1. If the declaration expressly so permits, a unit may be subdivided into two or more units. Subject to the declaration and law other than this chapter, upon application of the unit's owner to subdivide a unit, the association shall prepare, execute and record an amendment to the declaration, including, in a condominium or planned community, the plats, subdividing that unit.

2. The amendment to the declaration must be executed by the owner of the unit to be subdivided, assign an identifying number to each unit created, and reallocate the allocated interests formerly allocated to the subdivided unit to the new units in any reasonable manner prescribed by the owner of the subdivided unit or on any other basis the declaration requires.
Nev. Rev. Stat. § 116B.250 — NV Code / Title 10 / Chapter 116B / Section 116B.250
Applicability of local ordinances, regulations and building codes
Status: in_force

1. A building code may not impose any requirement upon any structure in a condominium hotel which it would not impose upon a physically identical development under a different form of ownership.

2. In a condominium hotel, no zoning, subdivision or other law, ordinance or regulation governing the use of real estate may prohibit the condominium hotel as a form of ownership or impose any requirement upon a condominium hotel which it would not impose upon a physically identical development under a different form of ownership.

3. Except as otherwise provided in subsections 1 and 2, the provisions of this chapter do not invalidate or modify any provision of any building code or zoning, subdivision or other law, ordinance, rule or regulation governing the use of real estate.

4. The provisions of this section do not prohibit a local government from imposing different requirements and standards regarding design and construction on different types of structures within a condominium hotel.
Nev. Rev. Stat. § 119B.190 — NV Code / Title 10 / Chapter 119B / Section 119B.190
Hearing on suspending, revoking or imposing conditions upon permit
Status: in_force

1. Before suspending, revoking or imposing conditions upon a permit, the Administrator shall give notice to the developer of the charges against the developer and shall afford the developer the opportunity to be heard. Service of the complaint and notice of the time and place of the hearing may be made personally or by mailing a copy of the complaint and notice by certified mail to the developer at his or her last known address of record on file with the Administrator.

2. Within 10 days after the service, the developer shall file an answer to the complaint with the Administrator. The Administrator shall hold a hearing within 30 days after the filing of the answer, unless an extension is granted by the Administrator for good cause shown. Written findings of fact, conclusions of law, and decision must be made within 30 days after the hearing and served upon the developer personally or sent by certified mail to his or her last known address of record on file with the Administrator, within 15 days after the decision is made.
Nev. Rev. Stat. § 119A.657 — NV Code / Title 10 / Chapter 119A / Section 119A.657
Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Decision of hearing officer
Status: in_force

1. The hearing officer shall render a decision on any complaint within 60 days after the final hearing thereon and shall give notice in writing of the ruling or decision to the applicant, licensee or permittee affected thereby by certified mail to the last known address of the person to whom the notice is sent.

2. If the ruling is adverse to the licensee or permittee, the hearing officer shall also state in the notice the date upon which the ruling or decision becomes effective, which date must not be less than 30 days after the date of the notice.

3. The decision of the hearing officer may not be stayed by any appeal unless the district court so orders upon motion of the licensee or permittee, notice to the Division of the motion and opportunity for the Division to be heard.

4. An appeal from a decision of the district court affirming the imposition of a fine or the revocation, suspension or denial of the renewal of a license or permit does not stay the order of the hearing officer unless the district or appellate court upon petition of the licensee or permittee after notice and hearing orders such stay, and upon the filing of a bond for costs in the amount of $1,000.
Nev. Rev. Stat. § 111.150 — NV Code / Title 10 / Chapter 111 / Section 111.150
Penalty for failure of witness to appear when subpoenaed
Status: in_force

1. Every person who, being served with a subpoena, shall, without reasonable cause, refuse or neglect to appear, or appearing shall refuse to answer upon oath touching the matters stated in NRS 111.145 : (a) Shall be liable to the party injured in the sum of $100, and for such damages as may be sustained by the party injured on account of such neglect or refusal; and (b) May be committed to jail by the judge of some court of record, there to remain, without bail, until the person shall submit to answer upon oath as stated aforesaid.

2. No person shall be required to attend who resides out of the county in which the proof is to be taken, nor unless the person’s reasonable expenses shall have been first tendered to the person.
Nev. Rev. Stat. § 116.3117 — NV Code / Title 10 / Chapter 116 / Section 116.3117
Liens against association
Status: in_force

1. In a condominium or planned community: (a) Except as otherwise provided in paragraph (b), a judgment for money against the association, if a copy of the docket or an abstract or copy of the judgment is recorded, is not a lien on the common elements, but is a lien in favor of the judgment lienholder against all of the other real property of the association and all of the units in the common-interest community at the time the judgment was entered. No other property of a unit's owner is subject to the claims of creditors of the association. (b) If the association has granted a security interest in the common elements to a creditor of the association pursuant to NRS 116.3112 , the holder of that security interest shall exercise its right against the common elements before its judgment lien on any unit may be enforced. (c) Whether perfected before or after the creation of the common-interest community, if a lien, other than a deed of trust or mortgage, including a judgment lien or lien attributable to work performed or materials supplied before creation of the common-interest community, becomes effective against two or more units, the owner of an affected unit may pay to the lienholder the amount of the lien attributable to his or her unit, and the lienholder, upon receipt of payment, promptly shall deliver a release of the lien covering that unit. The amount of the payment must be proportionate to the ratio which that owner's liability for common expenses bears to the liabilities for common expenses of all owners whose units are subject to the lien. After payment, the association may not assess or have a lien against that owner's unit for any portion of the common expenses incurred in connection with that lien. (d) A judgment against the association must be indexed in the name of the common-interest community and the association and, when so indexed, is notice of the lien against the units.

2. In a cooperative: (a) If the association receives notice of an impending foreclosure on all or any portion of the association's real estate, the association shall promptly transmit a copy of that notice to each owner of a unit located within the real estate to be foreclosed. Failure of the association to transmit the notice does not affect the validity of the foreclosure. (b) Whether an owner's unit is subject to the claims of the association's creditors, no other property of an owner is subject to those claims.
Nev. Rev. Stat. § 116B.175 — NV Code / Title 10 / Chapter 116B / Section 116B.175
“Ombudsman” defined
Status: in_force

“ Ombudsman ” means the Ombudsman for Owners in Common-Interest Communities and Condominium Hotels created by NRS 116.625 .
Nev. Rev. Stat. § 119A.212 — NV Code / Title 10 / Chapter 119A / Section 119A.212
Sales agents: Application for renewal of license to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection
Status: in_force

1. In addition to any other requirements set forth in this chapter, an applicant for the renewal of a sales agent's license must indicate in the application submitted to the Division whether the applicant has a state business license. If the applicant has a state business license, the applicant must include in the application the business identification number assigned by the Secretary of State upon compliance with the provisions of chapter 76 of NRS.

2. A sales agent's license may not be renewed by the Division if: (a) The applicant fails to submit the information required by subsection 1; or (b) The State Controller has informed the Division pursuant to subsection 5 of NRS 353C.1965 that the applicant owes a debt to an agency that has been assigned to the State Controller for collection and the applicant has not: (1) Satisfied the debt; (2) Entered into an agreement for the payment of the debt pursuant to NRS 353C.130 ; or (3) Demonstrated that the debt is not valid.

3. As used in this section: (a) “ Agency ” has the meaning ascribed to it in NRS 353C.020 . (b) “Debt” has the meaning ascribed to it in NRS 353C.040 .
Nev. Rev. Stat. § 111.238 — NV Code / Title 10 / Chapter 111 / Section 111.238
Prohibition on display of flag of the United States on property
Status: in_force

1. Except as otherwise provided in subsection 2, any covenant, condition or restriction contained in a deed, contract or other legal instrument which affects the transfer, sale or any other interest in real property that prohibits the owner of the property from engaging in the display of the flag of the United States on his or her property is void and unenforceable.

2. The provisions of this section do not apply to the display of the flag of the United States for commercial advertising purposes.

3. In any action commenced to enforce the provisions of this section, the prevailing party is entitled to recover reasonable attorney's fees and costs.

4. As used in this section, “ display of the flag of the United States ” means a flag of the United States that is: (a) Made of cloth, fabric or paper; (b) Displayed from a pole or staff or in a window; and (c) Displayed in a manner that is consistent with 4 U.S.C. chapter 1 . The term does not include a depiction or emblem of the flag of the United States that is made of balloons, flora, lights, paint, paving materials, roofing, siding or any other similar building, decorative or landscaping component.
Nev. Rev. Stat. § 116.31185 — NV Code / Title 10 / Chapter 116 / Section 116.31185
Prohibition against certain personnel soliciting or accepting compensation, gratuity or remuneration under certain circumstances
Status: in_force

1. Except as otherwise provided in subsection 2, a member of an executive board, an officer of an association or a community manager shall not solicit or accept any form of compensation, gratuity or other remuneration that: (a) Would improperly influence or would appear to a reasonable person to improperly influence the decisions made by those persons; or (b) Would result or would appear to a reasonable person to result in a conflict of interest for those persons.

2. Notwithstanding the provisions of subsection 1, a member of an executive board, an officer of an association, a community manager or any person working for a community manager shall not accept, directly or indirectly, any gifts, incentives, gratuities, rewards or other items of value from: (a) An attorney, law firm or vendor, or any person working directly or indirectly for the attorney, law firm or vendor, which total more than the amount established by the Commission by regulation, not to exceed $100 per year per such attorney, law firm or vendor; or (b) A declarant, an affiliate of a declarant or any person responsible for the construction of the applicable community or association which total more than the amount established by the Commission by regulation, not to exceed $100 per year per such declarant, affiliate or person.

3. An attorney, law firm or vendor, or any person working directly or indirectly for the attorney, law firm or vendor, shall not provide, directly or indirectly, any gifts, incentives, gratuities, rewards or other items of value to a member of the executive board, an officer of the association, the community manager or any person working for the community manager which total more than the amount established by the Commission by regulation, not to exceed $100 per year per such member, officer, community manager or person.

4. A declarant, an affiliate of a declarant or any person responsible for the construction of a community or association, shall not provide, directly or indirectly, any gifts, incentives, gratuities, rewards or other items of value to a member of the executive board, an officer of the association, the community manager or any person working for the community manager which total more than the amount established by the Commission by regulation, not to exceed $100 per year per such member, officer, community manager or person.

5. In addition to the limitations set forth in subsection 1, a community manager shall not solicit or accept any form of compensation, fee or other remuneration that is based, in whole or in part, on: (a) The number or amount of fines imposed against or collected from units' owners or tenants or guests of units' owners pursuant to NRS 116.31031 for violations of the governing documents of the association; or (b) Any percentage or proportion of those fines.

6. The provisions of this section do not prohibit a community manager from being paid compensation, a fee or other remuneration under the terms of a contract between the community manager and an association if: (a) The scope of the respective rights, duties and obligations of the parties under the contract comply with the standards of practice for community managers set forth as NRS 116A.630 and 116A.640 and any additional standards of practice adopted by the Commission by regulation pursuant to NRS 116A.400 ; (b) The compensation, fee or other remuneration is being paid to the community manager for providing management of the common-interest community; and (c) The compensation, fee or other remuneration is not structured in a way that would violate the provisions of subsection 1 or 5.
Nev. Rev. Stat. § 120A.520 — NV Code / Title 10 / Chapter 120A / Section 120A.520
Value remaining on gift certificate
Status: in_force

1. Sixty percent of the unredeemed or uncharged value remaining on a gift certificate which is issued or sold in this State is presumed abandoned and subject to the provisions of this chapter on the: (a) Expiration date; or (b) Date on which the gift certificate is no longer honored by the issuer or seller.

2. This section does not create a cause of action against a person who issues or sells a gift certificate.
Nev. Rev. Stat. § 119.181 — NV Code / Title 10 / Chapter 119 / Section 119.181
Sales: Activities of registered representatives; application by registered representative
Status: in_force

1. No person, except a registered representative of the developer or a broker or salesperson who has complied with NRS 119.180 may induce, solicit or attempt to have any person attend any offer or sale of subdivision property or any interest therein. A broker is responsible for the inducing and soliciting activities of his or her registered representative. The registered representative and the developer must comply with the same standards of business ethics as apply to licensed real estate brokers and salespersons. A registered representative shall not make statements of any kind concerning prices, interests or values of the subdivision property. A registered representative’s activities must be limited to inducing and soliciting persons to attend an offer or sale of subdivision property and handing out information approved by the Division and a registered representative shall strictly conform to the written plan approved by the Division pursuant to NRS 119.180 .

2. Before engaging in any activities specified in subsection 1, each registered representative of the developer, under such regulations as the Division may promulgate, shall: (a) Complete an application in such form and containing such reasonable information as the Division may require. (b) Pay the fees prescribed in this chapter. Such a person shall be known as a registered representative of the developer and may not use the term “licensee.” Real estate brokers and salespersons licensed in the State of Nevada may function as registered representatives upon the completion of whatever application and the submission of whatever reasonable information the Division may prescribe, and upon the payment of the fees prescribed in this chapter.
Nev. Rev. Stat. § 116.3115 — NV Code / Title 10 / Chapter 116 / Section 116.3115
Assessments for common expenses; funding of adequate reserves; collection of interest on past due assessments; calculation of assessments for particular types of common expenses; notice of meetings regarding assessments for capital improvements
Status: in_force

1. Until the association makes an assessment for common expenses, the declarant shall pay all common expenses. After an assessment has been made by the association, assessments must be made at least annually, based on a budget adopted at least annually by the association in accordance with the requirements set forth in NRS 116.31151 . Unless the declaration imposes more stringent standards, the budget must include a budget for the daily operation of the association and a budget for the reserves required by paragraph (b) of subsection 2.

2. Except for assessments under subsections 4 to 7, inclusive, or as otherwise provided in this chapter: (a) All common expenses, including the reserves, must be assessed against all the units in accordance with the allocations set forth in the declaration pursuant to subsections 1 and 2 of NRS 116.2107 . (b) The association shall establish adequate reserves, funded on a reasonable basis, for the repair, replacement and restoration of the major components of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore. The reserves may be used only for those purposes, including, without limitation, repairing, replacing and restoring roofs, roads and sidewalks, and must not be used for daily maintenance. The association may comply with the provisions of this paragraph through a funding plan that is designed to allocate the costs for the repair, replacement and restoration of the major components of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore over a period of years if the funding plan is designed in an actuarially sound manner which will ensure that sufficient money is available when the repair, replacement and restoration of the major components of the common elements or any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore are necessary. Notwithstanding any provision of the governing documents to the contrary, to establish adequate reserves pursuant to this paragraph, including, without limitation, to establish or carry out a funding plan, the executive board may, without seeking or obtaining the approval of the units' owners, impose any necessary and reasonable assessments against the units in the common-interest community. Any such assessments imposed by the executive board must be based on the study of the reserves of the association conducted pursuant to NRS 116.31152 .

3. Any assessment for common expenses or installment thereof that is 60 days or more past due bears interest at a rate equal to the prime rate at the largest bank in Nevada as ascertained by the Commissioner of Financial Institutions on January 1 or July 1, as the case may be, immediately preceding the date the assessment becomes past due, plus 2 percent. The rate must be adjusted accordingly on each January 1 and July 1 thereafter until the balance is satisfied.

4. Except as otherwise provided in the governing documents: (a) Any common expense associated with the maintenance, repair, restoration or replacement of a limited common element must be assessed against the units to which that limited common element is assigned, equally, or in any other proportion the declaration provides; (b) Any common expense benefiting fewer than all of the units or their owners, including, without limitation, common expenses consisting of the payment, on behalf of a unit's owner, of delinquent property taxes or utility charges owed by the unit's owner, may be assessed exclusively against the units or units' owners benefited; and (c) The costs of insurance must be assessed in proportion to risk and the costs of utilities must be assessed in proportion to usage.

5. Assessments to pay a judgment against the association may be made only against the units in the common-interest community at the time the judgment was entered, in proportion to their liabilities for common expenses.

6. If damage to a unit or other part of the common-interest community, or if any other common expense is caused by the willful misconduct or gross negligence of any unit's owner, tenant or invitee of a unit's owner or tenant, the association may assess that expense exclusively against his or her unit, even if the association maintains insurance with respect to that damage or common expense, unless the damage or other common expense is caused by a vehicle and is committed by a person who is delivering goods to, or performing services for, the unit's owner, tenant or invitee of the unit's owner or tenant.

7. The association of a common-interest community created before January 1, 1992, is not required to make an assessment against a vacant lot located within the community that is owned by the declarant.

8. If liabilities for common expenses are reallocated, assessments for common expenses and any installment thereof not yet due must be recalculated in accordance with the reallocated liabilities.

9. The association shall provide written notice to each unit's owner of a meeting at which an assessment for a capital improvement is to be considered or action is to be taken on such an assessment at least 21 calendar days before the date of the meeting.
Nev. Rev. Stat. § 119.119 — NV Code / Title 10 / Chapter 119 / Section 119.119
Applicability to subdivision registered under Interstate Land Sales Full Disclosure Act
Status: in_force

Any subdivision which has been registered under the Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§ 1701 to 1720 , inclusive, is subject to all of the requirements of this chapter, except that its developer may file with the Division a copy of an effective statement of record filed with the Secretary of Housing and Urban Development. To the extent that the information contained in the effective statement of record provides the Division with information required under this chapter, the effective statement of record may substitute for information otherwise required under this chapter.
Nev. Rev. Stat. § 119A.230 — NV Code / Title 10 / Chapter 119A / Section 119A.230
Sales agents: Disciplinary actions
Status: in_force

1. The Administrator may impose a fine or suspend, revoke, reissue, subject to conditions, or deny the renewal of any sales agent's license issued under the provisions of this chapter at any time if the sales agent has, by false or fraudulent application or representation, obtained a license or, whether or not acting as a sales agent, is found guilty of: (a) Making any material misrepresentation; (b) Making any false promises of a character likely to influence, persuade or induce; (c) Engaging in any fraudulent, misleading or oppressive sales techniques or tactics; (d) Accepting a commission or valuable consideration as a sales agent for the performance of any of the acts specified in this chapter from any person except a licensed project broker with whom the sales agent is associated or the developer by whom the sales agent is employed; (e) Failing, within a reasonable time, to account for or remit or turn over to the project broker any money which comes into the sales agent’s possession and which belongs to others; (f) Violating any of the provisions of this chapter or chapter 119B of NRS or of any regulation adopted pursuant to either chapter, or willfully aiding or abetting another to do so; or (g) A felony relating to the practice of a sales agent or other crime of moral turpitude or has entered a plea of nolo contendere to a felony relating to the practice of a sales agent or other crime of moral turpitude.

2. The Administrator may investigate the actions of any sales agent or any person who acts in such a capacity within the State of Nevada.
Nev. Rev. Stat. § 111.663 — NV Code / Title 10 / Chapter 111 / Section 111.663
“Designated beneficiary” defined
Status: in_force

“ Designated beneficiary ” means a person designated to receive property in a deed upon death.
Nev. Rev. Stat. § 116.623 — NV Code / Title 10 / Chapter 116 / Section 116.623
Petitions for declaratory orders or advisory opinions: Regulations; scope; contents of petition; filing; period for response
Status: in_force

1. The Division shall provide by regulation for the filing and prompt disposition of petitions for declaratory orders and advisory opinions as to the applicability or interpretation of: (a) Any provision of this chapter or chapter 116A or 116B of NRS ; (b) Any regulation adopted by the Commission, the Administrator or the Division; or (c) Any decision of the Commission, the Administrator or the Division or any of its sections.

2. Declaratory orders disposing of petitions filed pursuant to this section have the same status as agency decisions.

3. A petition filed pursuant to this section must: (a) Set forth the name and address of the petitioner; and (b) Contain a clear and concise statement of the issues to be decided by the Division in its declaratory order or advisory opinion.

4. A petition filed pursuant to this section is submitted for consideration by the Division when it is filed with the Administrator.

5. The Division shall: (a) Respond to a petition filed pursuant to this section within 60 days after the date on which the petition is submitted for consideration; and (b) Upon issuing its declaratory order or advisory opinion, mail a copy of the declaratory order or advisory opinion to the petitioner.
Nev. Rev. Stat. § 116B.115 — NV Code / Title 10 / Chapter 116B / Section 116B.115
“Hearing panel” defined
Status: in_force

“ Hearing panel ” means a hearing panel appointed by the Commission pursuant to NRS 116B.855 .
Nev. Rev. Stat. § 116.3101 — NV Code / Title 10 / Chapter 116 / Section 116.3101
Organization of unit-owners' association
Status: in_force

1. A unit-owners' association must be organized no later than the date the first unit in the common-interest community is conveyed.

2. The membership of the association at all times consists exclusively of all units' owners or, following termination of the common-interest community, of all owners of former units entitled to distributions of proceeds under NRS 116.2118 , 116.21183 and 116.21185 , or their heirs, successors or assigns.

3. Except for a residential planned community containing not more than 12 units, the association must have an executive board.

4. The association must: (a) Be organized as a profit or nonprofit corporation, association, limited-liability company, trust, partnership or any other form of organization authorized by the law of this State; (b) Include in its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof, that the purpose of the corporation, association, limited-liability company, trust or partnership is to operate as an association pursuant to this chapter; (c) Contain in its name the words “common-interest community,” “community association,” “master association,” “homeowners' association” or “unit-owners' association”; and (d) Comply with the applicable provisions of chapters 78, 81, 82, 86, 87, 87A, 88 and 88A of NRS when filing with the Secretary of State its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof.
Nev. Rev. Stat. § 120A.096 — NV Code / Title 10 / Chapter 120A / Section 120A.096
‘‘Mineral’’ defined
Status: in_force

“ Mineral ” means gas, oil, coal and other gaseous, liquid and solid hydrocarbons, oil shale, cement material, sand, gravel, road material, building stone, chemical raw material, gemstone, fissionable and nonfissionable ores, colloidal and other clay, steam and other geothermal resource or any other substance defined as a mineral by the law of this State.
Nev. Rev. Stat. § 119A.080 — NV Code / Title 10 / Chapter 119A / Section 119A.080
“Project” defined
Status: in_force

“ Project ” means the real property which, in whole or in part, is the subject of a time-share plan.
Nev. Rev. Stat. § 119.090 — NV Code / Title 10 / Chapter 119 / Section 119.090
“Registered representative” defined
Status: in_force

“Registered representative” is any person who is employed or engaged by a developer to represent a company for compensation in offering or selling subdivided lands pursuant to this chapter, but does not include any officer of the developer or any of the subsidiaries of the developer, or any owner, partner or associate of the developer who would not be classed as a dealer and who is listed and approved by the Division.
Nev. Rev. Stat. § 120.340 — NV Code / Title 10 / Chapter 120 / Section 120.340
Relation to Electronic Signatures in Global and National Commerce Act
Status: in_force

This chapter modifies, limits and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but does not modify, limit or supersede section 101(c) of that act, 15 U.S.C. § 7001(c) , or authorize electronic delivery of any of the notices described in section 103(b) of that act, 15 U.S.C. § 7003(b) .
Nev. Rev. Stat. § 116B.635 — NV Code / Title 10 / Chapter 116B / Section 116B.635
Foreclosure of liens: Mailing of notice of delinquent assessment; recording of notice of default and election to sell; period during which unit’s owner may pay lien to avoid foreclosure; limitations on type of lien that may be foreclosed
Status: in_force

1. Except as otherwise provided in subsection 4, in a condominium hotel, the association or hotel unit owner, as applicable, may foreclose its lien by sale after all of the following occur: (a) The association or hotel unit owner, as applicable, has mailed by certified or registered mail, return receipt requested, to the residential unit owner or his or her successor in interest, at the residential unit owner's address, if known, and at the address of the residential unit, a notice of delinquent assessment which states the amount of the assessments and other sums which are due, a description of the residential unit against which the lien is imposed and the name of the record owner of the residential unit. (b) Not less than 30 days after mailing the notice of delinquent assessment or charge pursuant to paragraph (a), the association or hotel unit owner, as applicable, has executed and caused to be recorded, with the county recorder of the county in which the condominium hotel or any part of it is situated, a notice of default and election to sell the residential unit to satisfy the lien which must contain the same information as the notice of delinquent assessment and which must also comply with the following: (1) Describe the deficiency in payment. (2) State the name and address of the person authorized by the association, the declarant or hotel unit owner, as applicable, to enforce the lien by sale. (3) Contain, in 14-point bold type, the following warning: WARNING! IF YOU FAIL TO PAY THE AMOUNT SPECIFIED IN THIS NOTICE, YOU COULD LOSE YOUR UNIT, EVEN IF THE AMOUNT IS IN DISPUTE! (c) The residential unit owner or his or her successor in interest has failed to pay the amount of the lien, including costs, fees and expenses incident to its enforcement, for 90 days following the recording of the notice of default and election to sell.

2. The notice of default and election to sell must be signed by the person designated in the declaration or by the association or hotel unit owner, as applicable, for that purpose.

3. The period of 90 days begins on the first day following: (a) The date on which the notice of default is recorded; or (b) The date on which a copy of the notice of default is mailed by certified or registered mail, return receipt requested, to the residential unit owner or his or her successor in interest at the residential unit owner's address, if known, and at the address of the residential unit, whichever date occurs later.

4. The association may not foreclose a lien by sale based on a fine or penalty for a violation of the governing documents of the association unless: (a) The violation poses an imminent threat of causing a substantial adverse effect on the health, safety or welfare of the units' owners or residents of the condominium hotel; or (b) The penalty is imposed for failure to adhere to a schedule required pursuant to this chapter.
Nev. Rev. Stat. § 119A.620 — NV Code / Title 10 / Chapter 119A / Section 119A.620
Information to be furnished to Division and secretary of association; liability for information and representations
Status: in_force

1. A company whose program for the exchange of occupancy rights among owners or with the owners of time shares in other time-share plans, or both, is offered to purchasers of time shares in this state shall, on or before July 1 of each year, file with the Division and secretary of the association the information required by subsection 1 of NRS 119A.590 as it relates to that plan.

2. No developer is liable for the use, delivery or publication of information provided to it by the company.

3. Except as otherwise provided in this subsection, no company is liable for: (a) Any representation made by the developer relating to the program or company. (b) The use, delivery or publication by the developer of any information relating to the program or company. Such a company is liable only for the written information provided to the developer by the company.
Nev. Rev. Stat. § 116.1112 — NV Code / Title 10 / Chapter 116 / Section 116.1112
Unconscionable agreement or term of contract
Status: in_force

1. The court, upon finding as a matter of law that a contract or clause of a contract was unconscionable at the time the contract was made, may refuse to enforce the contract, enforce the remainder of the contract without the unconscionable clause, or limit the application of any unconscionable clause to avoid an unconscionable result.

2. Whenever it is claimed, or appears to the court, that a contract or any clause of a contract is or may be unconscionable, the parties, to aid the court in making the determination, must be afforded a reasonable opportunity to present evidence as to: (a) The commercial setting of the negotiations; and (b) The effect and purpose of the contract or clause.
Nev. Rev. Stat. § 118B.183 — NV Code / Title 10 / Chapter 118B / Section 118B.183
Obligations of landlord for conversion of park to other use: Notices; financial liability; resident impact statement; restrictions regarding increase in rent
Status: in_force

1. A landlord may convert an existing manufactured home park to any other use of the land if the change is approved by the appropriate local zoning board, planning commission or governing body. In addition to any other reasons, a landlord may apply for such approval if the landlord is forced to close the manufactured home park because of a valid order of a state or local governmental agency or court requiring the closure of the manufactured home park for health or safety reasons.

2. The landlord may undertake a conversion pursuant to this section only if: (a) The landlord gives notice in writing to the Division and each tenant within 5 days after the landlord files his or her application for the change in land use with the local zoning board, planning commission or governing body; (b) The landlord pays the amounts required by subsections 4, 5 and 6; (c) After the landlord is granted final approval of the change by the appropriate local zoning board, planning commission or governing body, written notice is served on each tenant in the manner provided in NRS 40.280 , giving the tenant at least 180 days after the date of the notice before the tenant is required to move his or her manufactured home from the lot; and (d) The landlord complies with the provisions of NRS 118B.184 concerning the submission of a resident impact statement.

3. At the time of providing notice of the conversion of the park pursuant to this section, a landlord shall provide to each tenant: (a) The address and telephone number of the Division; (b) Any list published by the Division setting forth the names of licensed transporters of manufactured homes approved by the Division; and (c) Any list published by the Division setting forth the names of mobile home parks within 150 miles that have reported having vacant spaces.

4. If the tenant chooses to move the manufactured home: (a) The tenant shall, within 75 days after receiving notice of the conversion, notify the landlord in writing of the tenant's election to move the manufactured home; and (b) The landlord shall pay to the tenant: (1) The cost of moving the tenant's manufactured home and its appurtenances to a new location in this State or another state within 150 miles from the manufactured home park; or (2) If the new location is more than 150 miles from the manufactured home park, the cost of moving the manufactured home for the first 150 miles, including fees for inspection, any deposits for connecting utilities and the cost of taking down, moving, setting up and leveling his or her manufactured home and its appurtenances in the new lot or park.

5. If the landlord is unable to move a shed, due to its physical condition, that belongs to a tenant who has elected to have the landlord move his or her manufactured home, the landlord shall pay the tenant $250 as reimbursement for the shed. Each tenant may receive only one payment of $250 even if more than one shed is owned by the tenant.

6. If the tenant chooses not to move the manufactured home, the manufactured home cannot be moved without being structurally damaged or there is no manufactured home park within 150 miles that is willing to accept the manufactured home, the landlord: (a) May remove and dispose of the manufactured home; and (b) Shall pay to the tenant the fair market value of the manufactured home.

7. A landlord shall not increase the rent of any tenant: (a) For 180 days before filing an application for a change in land use, permit or variance affecting the manufactured home park; or (b) At any time after filing an application for a change in land use, permit or variance affecting the manufactured home park unless: (1) The landlord withdraws the application or the appropriate local zoning board, planning commission or governing body denies the application; and (2) The landlord continues to operate the manufactured home park after the withdrawal or denial.

8. For the purposes of this section, the fair market value of a manufactured home must be determined as follows: (a) A dealer licensed pursuant to chapter 489 of NRS who is a certified appraiser and who is selected jointly by the landlord or his or her agent and the tenant shall make the determination. (b) If there are insufficient dealers licensed pursuant to chapter 489 of NRS who are certified appraisers available for the purposes of paragraph (a), a person who possesses the qualifications pursuant to the Appraiser Qualifications for Manufactured Homes Classified as Personal Property as set forth in section 8-3 of Valuation Analysis for Single Family One- to Four-Unit Dwellings , HUD Directive Number 4150.2 CHG-1, of the United States Department of Housing and Urban Development, and who is selected jointly by the landlord or his or her agent and the tenant shall make the determination. (c) If there are insufficient persons available for the purposes of paragraphs (a) and (b) or if the landlord or his or her agent and the tenant cannot agree pursuant to paragraphs (a) and (b), the landlord or his or her agent or the tenant may request the Administrator to, and the Administrator shall, appoint a dealer licensed pursuant to chapter 489 of NRS or a certified appraiser who shall make the determination.

9. The landlord shall pay the costs associated with determining the fair market value of a manufactured home and the cost of removing and disposing of a manufactured home pursuant to subsection 6.

10. The provisions of this section do not apply to a corporate cooperative park.
Nev. Rev. Stat. § 116A.432 — NV Code / Title 10 / Chapter 116A / Section 116A.432
Application for certificate or registration; fingerprints
Status: in_force

1. Each person who seeks to obtain a certificate, including, without limitation, a temporary certificate, or a registration must: (a) Apply to the Division in the form prescribed by the Division. (b) As part of the application and at his or her own expense: (1) Arrange to have a complete set of fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Division; and (2) Submit to the Division: (I) A complete set of fingerprints and written permission authorizing the Division to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Division deems necessary for a report on the applicant's background; or (II) Written verification, on a form prescribed by the Division, stating that the fingerprints of the applicant were taken and directly forwarded electronically or by other means to the Central Repository for Nevada Records of Criminal History and that the applicant provided written permission authorizing the law enforcement agency or other authorized entity taking the fingerprints to submit the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Division deems necessary for a report on the applicant's background.

2. The Division may: (a) Submit any fingerprints received pursuant to subsection 1 to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Division deems necessary; and (b) Request from each agency to which the Division submits the fingerprints any information regarding the applicant's background as the Division deems necessary.

3. An application shall not be deemed to be complete until the Division has received a complete set of fingerprints or verification that the fingerprints have been forwarded electronically or by other means to the Central Repository for Nevada Records of Criminal History, and written authorization from the applicant pursuant to this section.
Nev. Rev. Stat. § 111.025 — NV Code / Title 10 / Chapter 111 / Section 111.025
Conveyances void against purchasers are void against their heirs or assigns
Status: in_force

Every conveyance, charge, instrument or proceeding declared to be void by the provisions of this chapter, as against purchasers, shall be equally void as against the heirs, successors, personal representatives or assigns of such purchasers.
Nev. Rev. Stat. § 119B.220 — NV Code / Title 10 / Chapter 119B / Section 119B.220
Offer or sale of membership without permit and broker prohibited
Status: in_force

Except as provided in NRS 119B.120 , a person shall not offer to sell or sell in this state any membership in a campground unless the person:

1. Holds a permit to do so issued by the Administrator; and

2. Designates and uses a broker of record to sell the membership.
Nev. Rev. Stat. § 116.330 — NV Code / Title 10 / Chapter 116 / Section 116.330
Right of units' owners to install or maintain drought tolerant landscaping; conditions and limitations on exercise of right; installation of drought tolerant landscaping within common elements
Status: in_force

1. The executive board shall not and the governing documents must not prohibit a unit's owner from installing or maintaining drought tolerant landscaping within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively, including, without limitation, the front yard or back yard of the unit's owner, except that: (a) Before installing drought tolerant landscaping, the unit's owner must submit a detailed description or plans for the drought tolerant landscaping for architectural review and approval in accordance with the procedures, if any, set forth in the governing documents of the association; and (b) The drought tolerant landscaping must be selected or designed to the maximum extent practicable to be compatible with the style of the common-interest community. The provisions of this subsection must be construed liberally in favor of effectuating the purpose of encouraging the use of drought tolerant landscaping, and the executive board shall not and the governing documents must not unreasonably deny or withhold approval for the installation of drought tolerant landscaping or unreasonably determine that the drought tolerant landscaping is not compatible with the style of the common-interest community.

2. Installation of drought tolerant landscaping within any common element or conversion of traditional landscaping or cultivated vegetation, such as turf grass, to drought tolerant landscaping within any common element shall not be deemed to be a change of use of the common element unless: (a) The common element has been designated as a park, open play space or golf course on a recorded plat map; or (b) The traditional landscaping or cultivated vegetation is required by a governing body under the terms of any applicable zoning ordinance, permit or approval or as a condition of approval of any final subdivision map.

3. As used in this section, “ drought tolerant landscaping ” means landscaping which conserves water, protects the environment and is adaptable to local conditions. The term includes, without limitation, the use of mulches such as decorative rock and artificial turf.
Nev. Rev. Stat. § 116.1201 — NV Code / Title 10 / Chapter 116 / Section 116.1201
Applicability; regulations
Status: in_force

1. Except as otherwise provided in this section and NRS 116.1203 , this chapter applies to all common-interest communities created within this State.

2. This chapter does not apply to: (a) A limited-purpose association, except that a limited-purpose association: (1) Shall pay the fees required pursuant to NRS 116.31155 , except that if the limited-purpose association is created for a rural agricultural residential common-interest community, the limited-purpose association is not required to pay the fee unless the association intends to use the services of the Ombudsman; (2) Shall register with the Ombudsman pursuant to NRS 116.31158 ; (3) Shall comply with the provisions of: (I) NRS 116.31038 ; (II) NRS 116.31083 and 116.31152 , unless the limited-purpose association is created for a rural agricultural residential common-interest community; (III) NRS 116.31073 , if the limited-purpose association is created for maintaining the landscape of the common elements of the common-interest community; (IV) NRS 116.31075 , if the limited-purpose association is created for a rural agricultural residential common-interest community; and (V) NRS 116.3116 to 116.31168 , inclusive. (4) Shall comply with the provisions of NRS 116.4101 to 116.412 , inclusive, as required by the regulations adopted by the Commission pursuant to paragraph (b) of subsection 5; and (5) Shall not enforce any restrictions concerning the use of units by the units' owners, unless the limited-purpose association is created for a rural agricultural residential common-interest community. (b) Common-interest communities or units located outside of this State, but NRS 116.4102 and 116.4103 , and, to the extent applicable, NRS 116.41035 to 116.4107 , inclusive, apply to a contract for the disposition of a unit in that common-interest community signed in this State by any party unless exempt under subsection 2 of NRS 116.4101 . (c) A common-interest community that was created before January 1, 1992, is located in a county whose population is less than 55,000, and has less than 50 percent of the units within the community put to residential use, unless a majority of the units' owners otherwise elect in writing. (d) Except as otherwise provided in this chapter, time shares governed by the provisions of chapter 119A of NRS .

3. The provisions of this chapter do not: (a) Prohibit a common-interest community created before January 1, 1992, from providing for separate classes of voting for the units' owners; (b) Require a common-interest community created before January 1, 1992, to comply with the provisions of NRS 116.2101 to 116.2124 , inclusive; (c) Invalidate any assessments that were imposed on or before October 1, 1999, by a common-interest community created before January 1, 1992; (d) Except as otherwise provided in subsection 8 of NRS 116.31105 , prohibit a common-interest community created before January 1, 1992, or a common-interest community described in NRS 116.31105 from providing for a representative form of government, except that, in the election or removal of a member of the executive board, the voting rights of the units' owners may not be exercised by delegates or representatives; (e) Prohibit a master association which governs a time-share plan created pursuant to chapter 119A of NRS from providing for a representative form of government for the time-share plan; or (f) Prohibit a master association which governs a planned community containing both units that are restricted exclusively to nonresidential use and other units that are not so restricted and which is exempt from the provisions of this chapter pursuant to subsection 2 of NRS 116.12077 from providing for a representative form of government.

4. The provisions of chapters 117 and 278A of NRS do not apply to common-interest communities.

5. The Commission shall establish, by regulation: (a) The criteria for determining whether an association, a limited-purpose association or a common-interest community satisfies the requirements for an exemption or limited exemption from any provision of this chapter; and (b) The extent to which a limited-purpose association must comply with the provisions of NRS 116.4101 to 116.412 , inclusive.

6. As used in this section, “ limited-purpose association ” means an association that: (a) Is created for the limited purpose of maintaining: (1) The landscape of the common elements of a common-interest community; (2) Facilities for flood control; or (3) A rural agricultural residential common-interest community; and (b) Is not authorized by its governing documents to enforce any restrictions concerning the use of units by units' owners, unless the limited-purpose association is created for a rural agricultural residential common-interest community.
Nev. Rev. Stat. § 111.175 — NV Code / Title 10 / Chapter 111 / Section 111.175
Conveyances made to defraud prior or subsequent purchasers are void
Status: in_force

Every conveyance of any estate, or interest in lands, or the rents and profits of lands, and every charge upon lands, or upon the rents and profits thereof, made and created with the intent to defraud prior or subsequent purchasers for a valuable consideration of the same lands, rents or profits, as against such purchasers, shall be void.
Nev. Rev. Stat. § 118.010 — NV Code / Title 10 / Chapter 118 / Section 118.010
Short title
Status: in_force

The provisions of NRS 118.010 to 118.120 , inclusive, may be cited as the Nevada Fair Housing Law.
Nev. Rev. Stat. § 116.031 — NV Code / Title 10 / Chapter 116 / Section 116.031
“Cooperative” defined
Status: in_force

“ Cooperative ” means a common-interest community in which the real estate is owned by an association, each of whose members is entitled by virtue of the member’s ownership in the association to exclusive possession of a unit.
Nev. Rev. Stat. § 116.4109 — NV Code / Title 10 / Chapter 116 / Section 116.4109
Resales of units
Status: in_force

1. Except in the case of a sale in which delivery of a public offering statement is required, or unless exempt under subsection 2 of NRS 116.4101 , a unit's owner or his or her authorized agent shall, at the expense of the unit's owner, furnish to a purchaser a resale package containing all of the following: (a) A copy of the declaration, other than any plats, the bylaws, the rules or regulations of the association and the information statement required by NRS 116.41095 . (b) A statement from the association setting forth the amount of the monthly assessment for common expenses and any unpaid obligation of any kind, including, without limitation, management fees, transfer fees, fines, penalties, interest, collection costs, foreclosure fees and attorney's fees currently due from the selling unit's owner. (c) A copy of the current operating budget of the association and current year-to-date financial statement for the association, which must include a summary of the reserves of the association required by NRS 116.31152 and which must include, without limitation, a summary of the information described in paragraphs (a) to (e), inclusive, of subsection 3 of NRS 116.31152 . (d) A statement of any unsatisfied judgments or pending legal actions against the association and the status of any pending legal actions relating to the common-interest community of which the unit's owner has actual knowledge. (e) A statement of any transfer fees, transaction fees or any other fees associated with the resale of a unit. (f) In addition to any other document, a statement describing all current and expected fees or charges for each unit, including, without limitation, association fees, fines, assessments, late charges or penalties, interest rates on delinquent assessments, additional costs for collecting past due fines and charges for opening or closing any file for each unit.

2. The purchaser may, by written notice, cancel the contract of purchase until midnight of the fifth calendar day following the date of receipt of the resale package described in subsection 1, and the contract for purchase must contain a provision to that effect. If the purchaser elects to cancel a contract pursuant to this subsection, the purchaser must hand deliver the notice of cancellation to the unit's owner or his or her authorized agent, mail the notice of cancellation by prepaid United States mail to the unit's owner or his or her authorized agent or deliver the notice of cancellation by electronic transmission to the unit's owner or his or her authorized agent. Cancellation is without penalty, and all payments made by the purchaser before cancellation must be refunded promptly. If the purchaser has accepted a conveyance of the unit, the purchaser is not entitled to: (a) Cancel the contract pursuant to this subsection; or (b) Damages, rescission or other relief based solely on the ground that the unit's owner or his or her authorized agent failed to furnish the resale package, or any portion thereof, as required by this section.

3. Within 10 calendar days after receipt of a written request by a unit's owner or his or her authorized agent, the association shall furnish all of the following to the unit's owner or his or her authorized agent for inclusion in the resale package: (a) Copies of the documents required pursuant to paragraphs (a) and (c) of subsection 1; and (b) A certificate containing the information necessary to enable the unit's owner to comply with paragraphs (b), (d), (e) and (f) of subsection 1.

4. If the association furnishes the documents and certificate pursuant to subsection 3: (a) The unit's owner or his or her authorized agent shall include the documents and certificate in the resale package provided to the purchaser, and neither the unit's owner nor his or her authorized agent is liable to the purchaser for any erroneous information provided by the association and included in the documents and certificate. (b) The association may charge the unit's owner a reasonable fee to cover the cost of preparing the certificate furnished pursuant to subsection 3. Such a fee must be based on the actual cost the association incurs to fulfill the requirements of this section in preparing the certificate and must not exceed $185, except that if a unit's owner or an authorized agent thereof requests that the certificate be furnished sooner than 3 business days after the date of the request, the association may charge a fee, which must not exceed $100, to expedite the preparation of the certificate. The amount of the fee may increase, on an annual basis, by a percentage equal to the percentage of increase in the Consumer Price Index (All Items) published by the United States Department of Labor for the preceding calendar year, but must not increase by more than 3 percent each year. (c) The other documents furnished pursuant to subsection 3 must be provided in electronic format to the unit's owner. If the association is unable to provide such documents in electronic format, the association may charge the unit's owner a reasonable fee, not to exceed 25 cents per page for the first 10 pages, and 10 cents per page thereafter, to cover the cost of copying. (d) Except for the fees allowed pursuant to paragraphs (b) and (c), the association may not charge the unit's owner any other fees for preparing or furnishing the documents and certificate pursuant to subsection 3.

5. Neither a purchaser nor the purchaser's interest in a unit is liable for any unpaid assessment or fee greater than the amount set forth in the documents and certificate prepared by the association. If the association fails to furnish the documents and certificate within the 10 calendar days allowed by this section, the purchaser is not liable for the delinquent assessment. A resale package provided to a unit's owner or his or her authorized agent pursuant to this section remains effective for 90 calendar days.

6. Upon the request of a unit's owner or his or her authorized agent, or upon the request of a purchaser to whom the unit's owner has provided a resale package pursuant to this section or his or her authorized agent, the association shall make the entire study of the reserves of the association which is required by NRS 116.31152 reasonably available for the unit's owner, purchaser or authorized agent to inspect, examine, photocopy and audit. The study must be made available at the business office of the association or some other suitable location within the county where the common-interest community is situated or, if it is situated in more than one county, within one of those counties.

7. A unit's owner, the authorized agent of the unit's owner or the holder of a security interest on the unit may request a statement of demand from the association. Not later than 10 calendar days after receipt of a written request from the unit's owner, the authorized agent of the unit's owner or the holder of a security interest on the unit for a statement of demand, the association shall furnish a statement of demand to the person who requested the statement and provide a copy of the statement to any other interested party. The association may charge a fee of not more than $165 to prepare and furnish a statement of demand pursuant to this subsection and an additional fee of not more than $100 to furnish a statement of demand within 3 business days after receipt of a written request for a statement of demand. The amount of the fees for preparing and furnishing a statement of demand and the additional fee for furnishing a statement of demand within 3 business days may increase, on an annual basis, by a percentage equal to the percentage of increase in the Consumer Price Index (All Items) published by the United States Department of Labor for the preceding calendar year, but must not increase by more than 3 percent each year. The statement of demand: (a) Must set forth the amount of the monthly assessment for common expenses and any unpaid obligation of any kind, including, without limitation, management fees, transfer fees, fines, penalties, interest, collection costs, foreclosure fees and attorney's fees currently due from the selling unit's owner; and (b) Remains effective for the period specified in the statement of demand, which must not be less than 15 business days after the date of delivery by the association to the unit's owner, the authorized agent of the unit's owner or the holder of a security interest on the unit, whichever is applicable. As used in this subsection, “ interested party ” includes the unit's owner selling the unit and the prospective purchaser of the unit.

8. In preparing, copying, furnishing or expediting or otherwise providing any document or other item pursuant to this section, an association, or entity related to or acting on behalf of an association, shall not charge a unit's owner, the authorized agent of a unit's owner, a purchaser or, pursuant to subsection 7, the holder of a security interest on a unit, any fee: (a) Not authorized in this section; or (b) In an amount which exceeds any limit set forth in this section.

9. If the association becomes aware of an error in a statement of demand furnished pursuant to subsection 7 during the period in which the statement of demand is effective but before the consummation of a resale for which a resale package was furnished pursuant to subsection 1, the association must deliver a replacement statement of demand to the person who requested the statement of demand. Unless the person who requested the statement of demand receives a replacement statement of demand, the person may rely upon the accuracy of the information set forth in the statement of demand provided by the association for the resale. Payment of the amount set forth in the statement of demand constitutes full payment of the amount due from the selling unit's owner.
Nev. Rev. Stat. § 118B.0117 — NV Code / Title 10 / Chapter 118B / Section 118B.0117
“Corporate cooperative park” defined
Status: in_force

“Corporate cooperative park” means a manufactured home park owned by a nonprofit cooperative corporation formed pursuant to chapter 81 of NRS that is wholly owned or controlled by the tenants of the park.
Nev. Rev. Stat. § 116.3109 — NV Code / Title 10 / Chapter 116 / Section 116.3109
Quorum
Status: in_force

1. Except as otherwise provided in this section and NRS 116.31034 , and except when the governing documents provide otherwise, a quorum is present throughout any meeting of the units' owners if persons entitled to cast 20 percent of the votes in the association: (a) Are present in person; (b) Are present by proxy; (c) Have cast absentee ballots in accordance with paragraph (d) of subsection 2 of NRS 116.311 ; or (d) Are present by any combination of paragraphs (a), (b) and (c).

2. If the governing documents of an association contain a quorum requirement for a meeting of the association that is greater than the 20 percent required by subsection 1 and, after proper notice has been given for a meeting, the members of the association who are present in person or by proxy at the meeting are unable to hold the meeting because a quorum is not present at the beginning of the meeting, the members who are present in person at the meeting may adjourn the meeting to a time that is not less than 48 hours or more than 30 days from the date of the meeting. At the subsequent meeting: (a) A quorum shall be deemed to be present if the number of members of the association who are present in person or by proxy at the beginning of the subsequent meeting equals or exceeds 20 percent of the total number of voting members of the association; and (b) If such a quorum is deemed to be present but the actual number of members who are present in person or by proxy at the beginning of the subsequent meeting is less than the number of members who are required for a quorum under the governing documents, the members who are present in person or by proxy at the subsequent meeting may take action only on those matters that were included as items on the agenda of the original meeting. The provisions of this subsection do not change the actual number of votes that are required under the governing documents for taking action on any particular matter.

3. Unless the governing documents specify a larger number, a quorum of the executive board is present for purposes of determining the validity of any action taken at a meeting of the executive board only if individuals entitled to cast a majority of the votes on that board are present at the time a vote regarding that action is taken. If a quorum is present when a vote is taken, the affirmative vote of a majority of the members present is the act of the executive board unless a greater vote is required by the declaration or bylaws.

4. Meetings of the association must be conducted in accordance with the most recent edition of Robert's Rules of Order Newly Revised , unless the bylaws or a resolution of the executive board adopted before the meeting provide otherwise.
Nev. Rev. Stat. § 111.775 — NV Code / Title 10 / Chapter 111 / Section 111.775
Authority of agent, guardian or other fiduciary to change beneficiary designation
Status: in_force

An agent, guardian of the person or other fiduciary may not make, revoke or change a beneficiary designation unless:

1. The power of attorney or other document establishing the agent, guardian or other fiduciary's right to act or a court order expressly authorizes such action; and

2. The action complies with the terms of the governing instrument, the rules of the transferring entity and applicable law.
Nev. Rev. Stat. § 111.719 — NV Code / Title 10 / Chapter 111 / Section 111.719
“Multiple-party account” defined
Status: in_force

“ Multiple-party account ” means an account payable on request to one or more of two or more parties, whether or not a right of survivorship is mentioned.
Nev. Rev. Stat. § 116.037 — NV Code / Title 10 / Chapter 116 / Section 116.037
“Declaration” defined
Status: in_force

“ Declaration ” means any instruments, however denominated, that create a common-interest community, including any amendments to those instruments.
Nev. Rev. Stat. § 119A.570 — NV Code / Title 10 / Chapter 119A / Section 119A.570
Insurance
Status: in_force

1. The developer or the association, if it has been formed, shall maintain: (a) Property insurance on the project and any personal property available for use by the owners in conjunction therewith, other than personal property separately owned by an owner, insuring against all risks of direct physical loss commonly insured against, with a provision agreed to by the lender, that the proceeds must be disbursed for the repair or restoration of the property, and that the owners and lienholders are not entitled to receive payment of any portion of the proceeds unless there is a surplus of proceeds after the property has been completely repaired or restored; (b) Liability insurance, including insurance for medical payments, in an amount not less than $1,000,000 per occurrence, covering all occurrences commonly insured against for death, bodily injury and property damage arising out of or in connection with the use, ownership or maintenance of the time-share property and units; and (c) Insurance covering the costs of temporary quarters for the owners and other losses commonly insured against.

2. Each insurance policy carried pursuant to subsection 1 must provide that: (a) Each owner is an insured person under the policy whether designated as an insured by name individually or as part of a named group or otherwise, as the owner’s interest may appear; (b) The insurer waives its right to subrogation under the policy against any owner or members of his or her household; and (c) No act or omission by any owner, unless acting within the scope of his or her authority on behalf of an association, will void the policy or be a condition to recovery by any other person under the policy.
Nev. Rev. Stat. § 118A.242 — NV Code / Title 10 / Chapter 118A / Section 118A.242
Security deposit: Limitation on amount or value; surety bond in lieu of security deposit; duties and liability of landlord; damages; disputing itemized accounting of security deposit; prohibited provisions
Status: in_force

1. The landlord may not demand or receive a security deposit or a surety bond, or a combination thereof, including the last month's rent, whose total amount or value exceeds 3 months' periodic rent.

2. In lieu of paying all or part of the security deposit required by the landlord, a tenant may, if the landlord consents, purchase a surety bond to secure the tenant's obligation to the landlord under the rental agreement to: (a) Remedy any default of the tenant in the payment of rent. (b) Repair damages to the premises other than normal wear and tear. (c) Clean the dwelling unit.

3. The landlord: (a) Is not required to accept a surety bond purchased by the tenant in lieu of paying all or part of the security deposit; and (b) May not require a tenant to purchase a surety bond in lieu of paying all or part of the security deposit.

4. Upon termination of the tenancy by either party for any reason, the landlord may claim of the security deposit or surety bond, or a combination thereof, only such amounts as are reasonably necessary to remedy any default of the tenant in the payment of rent, to repair damages to the premises caused by the tenant other than normal wear and to pay the reasonable costs of cleaning the premises. The landlord shall provide the tenant with an itemized, written accounting of the disposition of the security deposit or surety bond, or a combination thereof, and return any remaining portion of the security deposit to the tenant no later than 30 days after the termination of the tenancy by handing it to the tenant personally at the place where the rent is paid, or by mailing it to the tenant at the tenant's present address or, if that address is unknown, at the tenant's last known address.

5. If a tenant disputes an item contained in an itemized written accounting received from a landlord pursuant to subsection 4, the tenant may send a written response disputing the item to the surety. If the tenant sends the written response within 30 days after receiving the itemized written accounting, the surety shall not report the claim of the landlord to a credit reporting agency unless the surety obtains a judgment against the tenant.

6. If the landlord fails or refuses to return the remainder of a security deposit within 30 days after the end of a tenancy, the landlord is liable to the tenant for damages: (a) In an amount equal to the entire security deposit; and (b) For a sum to be fixed by the court of not more than the amount of the entire security deposit.

7. In determining the sum, if any, to be awarded under paragraph (b) of subsection 6, the court shall consider: (a) Whether the landlord acted in good faith; (b) The course of conduct between the landlord and the tenant; and (c) The degree of harm to the tenant caused by the landlord's conduct.

8. Except for an agreement which provides for a nonrefundable charge for cleaning, in a reasonable amount, no rental agreement may contain any provision characterizing any security deposit under this section as nonrefundable or any provision waiving or modifying a tenant's rights under this section. Any such provision is void as contrary to public policy.

9. The claim of a tenant to a security deposit to which the tenant is entitled under this chapter takes precedence over the claim of any creditor of the landlord.
Nev. Rev. Stat. § 119A.041 — NV Code / Title 10 / Chapter 119A / Section 119A.041
“Developer's reserved rights” defined
Status: reserved

“Developer's reserved rights” means any right reserved in a time-share instrument for the benefit of the developer, the exercise of which does not require a vote of the other owners.
Nev. Rev. Stat. § 118.020 — NV Code / Title 10 / Chapter 118 / Section 118.020
Declaration of public policy of State
Status: in_force

1. It is hereby declared to be the public policy of the State of Nevada that all people in the State have equal opportunity to inherit, purchase, lease, rent, sell, hold and convey real property without discrimination, distinction or restriction because of race, religious creed, color, national origin, disability, sexual orientation, gender identity or expression, ancestry, familial status or sex.

2. Nothing in this chapter shall be deemed to render enforceable a conveyance or other contract made by a person who lacks the capacity to contract.
Nev. Rev. Stat. § 116B.460 — NV Code / Title 10 / Chapter 116B / Section 116B.460
Delivery to association of additional common elements constructed by declarant or successor declarant
Status: in_force

1. If a condominium hotel is developed in separate phases and any declarant or successor declarant is constructing any common elements that will be added to the association's common elements after the date on which the units' owners other than the declarant may elect a majority of the members of the executive board, the declarant or its successors or assigns who is constructing such additional common elements is responsible for: (a) Paying all expenses related to the additional common elements which are incurred before the conveyance of the additional common elements to the association; and (b) Except as otherwise provided in NRS 116B.455 , delivering to the association that declarant's share of the amount specified in the study of the reserves completed pursuant to subsection 2.

2. Before conveying the additional common elements to the association, the declarant or successor declarant who constructed the additional common elements shall deliver to the association a study of the reserves for the additional common elements which satisfies the requirements of NRS 116B.605 .

3. As used in this section, “ successor declarant ” includes, without limitation, any successor declarant who does not control the association established by the initial declarant.
Nev. Rev. Stat. § 116B.415 — NV Code / Title 10 / Chapter 116B / Section 116B.415
Organization of unit-owners’ association
Status: in_force

1. A unit-owners' association must be organized not later than the date the first residential unit in the condominium hotel is conveyed.

2. The membership of the association at all times consists exclusively of all units' owners, including the hotel unit and any other units owned by the declarant or, following termination of the condominium hotel, of all owners of former units entitled to distributions of proceeds under the declaration, or their heirs, successors or assigns.

3. The association must: (a) Be organized as a profit or nonprofit corporation, association, limited-liability company, trust, partnership or any other form of organization authorized by the laws of this State; (b) Include in its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof, that the purpose of the corporation, association, limited-liability company, trust or partnership is to operate as an association pursuant to this chapter; (c) Contain in its name the words “community association,” “homeowners' association” or “unit-owners' association”; and (d) Comply with the provisions of chapters 78, 81, 82, 86, 87, 87A, 88 and 88A of NRS when filing with the Secretary of State its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof.

4. Unless otherwise provided in the declaration, the association shall not have any ownership or control over the hotel unit or the shared components.
Nev. Rev. Stat. § 117.030 — NV Code / Title 10 / Chapter 117 / Section 117.030
Conveyance of unit: Presumption of conveyance of entire condominium
Status: in_force

Unless otherwise expressly stated therein, any transfer or conveyance of a unit, or an apartment, office or store which is a part of a unit shall be presumed to convey the entire condominium.
Nev. Rev. Stat. § 119B.150 — NV Code / Title 10 / Chapter 119B / Section 119B.150
Investigation of applicant
Status: in_force

1. The Administrator shall, before issuing any permit pursuant to the provisions of this chapter, fully investigate all information submitted to the Administrator as required by the provisions of this chapter and may, if necessary, inspect the property which is the subject of any application. All reasonable expenses incurred by the Administrator in carrying out the investigation or inspection must be paid by the applicant and no permit may be issued until those expenses have been paid.

2. Payments received by the Administrator pursuant to this section must be deposited in the State Treasury for credit to the Real Estate Investigative Account. The Administrator shall use the money in the Account to pay the expenses of agents and employees of the Division making the investigations pursuant to this section. The Administrator may advance money to them for those expenses when appropriate.
Nev. Rev. Stat. § 116.31065 — NV Code / Title 10 / Chapter 116 / Section 116.31065
Rules
Status: in_force

The rules adopted by an association:

1. Must be reasonably related to the purpose for which they are adopted.

2. Must be sufficiently explicit in their prohibition, direction or limitation to inform a person of any action or omission required for compliance.

3. Must not be adopted to evade any obligation of the association.

4. Must be consistent with the governing documents of the association and must not arbitrarily restrict conduct or require the construction of any capital improvement by a unit's owner that is not required by the governing documents of the association.

5. Must be uniformly enforced under the same or similar circumstances against all units' owners. Any rule that is not so uniformly enforced may not be enforced against any unit's owner.

6. May be enforced by the association through the imposition of a fine only if the association complies with the requirements set forth in NRS 116.31031 .
Nev. Rev. Stat. § 119A.040 — NV Code / Title 10 / Chapter 119A / Section 119A.040
“Developer” defined
Status: in_force

“ Developer ” means any person who:

1. Creates a time-share plan or is in the business of selling time shares, other than those employees or agents of the developer who sell time shares on the developer's behalf; or

2. Succeeds to the interest of a developer by sale, lease, assignment, mortgage or other transfer.

The term includes only those persons who offer time shares for disposition in the ordinary course of business.
Nev. Rev. Stat. § 116.029 — NV Code / Title 10 / Chapter 116 / Section 116.029
“Converted building” defined
Status: in_force

“ Converted building ” means a building that at any time before creation of the common-interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.
Nev. Rev. Stat. § 118.175 — NV Code / Title 10 / Chapter 118 / Section 118.175
Liability of tenant
Status: in_force

If a tenant of real property abandons the property, the landlord shall make reasonable efforts to rent it at a fair rental. If the landlord rents the property for a term beginning before the expiration of the rental agreement pursuant to its terms or if, despite the landlord’s reasonable efforts, the landlord is unable to rent the property before the rental agreement is otherwise terminated, the former tenant is liable for any actual damages of the landlord which may result from the abandonment. If the landlord fails to make reasonable efforts to rent the property at a fair rental, the former tenant is liable for any actual damages of the landlord occurring before the landlord had reason to believe that the property was abandoned. If the tenancy is from month to month or week to week, the term of the rental agreement for this purpose is deemed to be a month or a week, as the case may be.
Nev. Rev. Stat. § 118B.154 — NV Code / Title 10 / Chapter 118B / Section 118B.154
Connection of utilities; reports of violations
Status: in_force

1. A tenant or a landlord, or his or her agent or employee, shall not make any connection of electricity, water, natural gas or propane to a manufactured home except as authorized by law.

2. An employee of the Division who has cause to believe that a tenant or a landlord, or his or her agent or employee, has violated subsection 1 shall report the suspected violation to: (a) The Administrator; and (b) The appropriate utility.
Nev. Rev. Stat. § 111.2395 — NV Code / Title 10 / Chapter 111 / Section 111.2395
Prohibition or restriction on use of system for obtaining wind energy on property; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, any covenant, restriction or condition contained in a deed, contract or other legal instrument which affects the transfer or sale of, or any other interest in, real property and which prohibits or unreasonably restricts the owner of the property from using a system for obtaining wind energy on his or her property is void and unenforceable.

2. The provisions of subsection 1 do not prohibit a reasonable restriction or requirement: (a) Imposed pursuant to a determination by the Federal Aviation Administration that the installation of the system for obtaining wind energy would create a hazard to air navigation; or (b) Relating to the height, noise or safety of a system for obtaining wind energy.

3. For the purposes of this section, “ unreasonably restricts the owner of the property from using a system for obtaining wind energy ” includes the placing of a restriction or requirement on the use of a system for obtaining wind energy which significantly decreases the efficiency or performance of the system and which does not allow for the use of an alternative system at a substantially comparable cost and with substantially comparable efficiency and performance.
Nev. Rev. Stat. § 119.280 — NV Code / Title 10 / Chapter 119 / Section 119.280
Powers of Administrator to take testimony, administer oaths, issue subpoenas and classify confidential records
Status: in_force

1. The Administrator may: (a) Take testimony and other evidence concerning all matters within the jurisdiction of the Division under this chapter. (b) Administer oaths. (c) Certify to all official acts. (d) For cause, issue subpoenas for attendance of witnesses and the production of books and papers.

2. The Administrator shall classify as confidential certain records and information obtained by the Division when such matters are trade secrets, including but not limited to lists of prospective purchasers and lists of purchasers with whom a sale has been consummated. This power is subject to the limitations and protective measures in NRS 49.325 .
Nev. Rev. Stat. § 118B.0145 — NV Code / Title 10 / Chapter 118B / Section 118B.0145
“Manager” defined
Status: in_force

“ Manager ” means the person in charge or in control of a manufactured home park, whether or not the person is the owner or employed by the owner. The term includes any company chosen by the landlord to administer or supervise the affairs of the manufactured home park.
Nev. Rev. Stat. § 119A.360 — NV Code / Title 10 / Chapter 119A / Section 119A.360
Fees
Status: in_force

1. The Division shall collect the following fees at the time of filing: For each application for the registration of a representative $100 For each renewal of the registration of a representative 100 For each transfer of the registration of a representative to a different developer 25 For each penalty for a late renewal of the registration of a representative 75 For each preliminary permit to sell time shares 400 For each initial permit to sell time shares 1,500 For each amendment to a statement of record after the issuance of the permit to sell time shares, where no new component sites are added 200 For each amendment to a statement of record after the issuance of the permit to sell time shares, where one or more new component sites are added, not including the addition of units to a component site previously permitted 500 For each annual renewal of a permit to sell time shares with only one component site 750 For each annual renewal of a permit to sell time shares with more than one component site 1,500 For each initial registration of a time-share resale broker 300 For each renewal of the registration of a time-share resale broker 150 For each original and annual registration of a manager 100 For each application for an original license as a sales agent 200 For each renewal of a license as a sales agent 200 For each penalty for a late renewal of a license as a sales agent 100 For each registration of a time share exchange company 500 For each conversion to an abbreviated registration 7,500 For each change of name or address of a licensee or status of a license 25 For each duplicate license, permit or registration where the original is lost or destroyed, and an affidavit is made thereof 25 For each annual approval of a course of instruction offered in preparation for an original license or permit 150 For each original accreditation of a course of continuing education 150 For each renewal of accreditation of a course of continuing education 75

2. Within 10 days after receipt of written notification from the Administrator of the approval of the application for a permit to sell time shares and before the issuance of the permit to sell time shares, or within 10 days after an amendment that adds time shares to the time-share plan is approved or deemed approved, each developer shall, for each time share that the developer includes in the initial time-share plan or adds to the time-share plan by amendment, pay a one-time fee of: (a) For each such time share up to and including 1,499 time shares, $3. (b) For each such time share over 1,499 time shares, $1.50. For the purposes of calculating the amount of the fee payable under this subsection, “ time share ” means the right to use and occupy a unit for 7 days or more per calendar year.

3. In addition to the fees imposed by subsection 1, each applicant for the issuance or renewal of a license as a sales agent must pay to the Division a technology fee of $15.

4. Except as otherwise provided in subsection 3 of NRS 119A.205 , all fees collected by the Division pursuant to this section must be deposited for use by the Division in carrying out the provisions of this chapter.

5. Except for the fees relating to the registration of a representative and the technology fee imposed pursuant to subsection 3, the Administrator may reduce the fees established by this section if the reduction is equitable in relation to the costs of carrying out the provisions of this chapter.

6. The Division shall adopt regulations which establish the fees to be charged and collected by the Division to pay the costs of: (a) Any examination for a license, including any costs which are necessary for the administration of such an examination. (b) Any investigation of a person's background.
Nev. Rev. Stat. § 120A.145 — NV Code / Title 10 / Chapter 120A / Section 120A.145
Information to remain confidential
Status: in_force

The Administrator or any officer, agent or employee of the Office of the State Treasurer shall not use or disclose any information received by the Administrator in the course of carrying out the provisions of this chapter which is confidential or which is provided to the Administrator on the basis that the information is to remain confidential, unless the use or disclosure of the information is necessary to locate the owner of unclaimed or abandoned property.
Nev. Rev. Stat. § 116B.615 — NV Code / Title 10 / Chapter 116B / Section 116B.615
Signatures required for withdrawals from reserve account of association; exceptions
Status: in_force

1. Money in the reserve account of an association required by NRS 116B.590 may not be withdrawn without the signatures of at least two members of the executive board or the signatures of at least one member of the executive board and one officer of the association who is not a member of the executive board.

2. Except as otherwise provided in subsection 3, money in the operating account of an association may not be withdrawn without the signatures of at least one member of the executive board or one officer of the association and a member of the executive board, an officer of the association or the community manager.

3. Money in the operating account of an association may be withdrawn without the signatures required pursuant to subsection 2 to: (a) Transfer money to the reserve account of the association at regular intervals; (b) Make automatic payments for utilities; (c) Make automatic payments for the cost of any insurance policies maintained pursuant to NRS 116.3113 ; (d) Make automatic payments for telecommunications services maintained by the association, including, without limitation, telephone, cable, satellite and Internet services; (e) Make automatic payments for any services to the association that are billed on a monthly, quarterly or annual basis; (f) Make annual payments to the Office of the Ombudsman; (g) Make an electronic transfer of money to a state agency pursuant to NRS 353.1467 ; or (h) Make an electronic transfer of money to the United States Government, or any agency thereof, pursuant to any federal law requiring transfers of money to be made by an electronic means authorized by the United States Government or the agency thereof.

4. An association may use electronic signatures to withdraw money in the operating account of the association if: (a) The electronic transfer of money is made pursuant to a written agreement entered into between the association and the financial institution where the operating account of the association is maintained; (b) The executive board has expressly authorized the electronic transfer of money; and (c) The association has established internal accounting controls which comply with generally accepted accounting principles to safeguard the assets of the association.

5. As used in this section, “ electronic transfer of money ” has the meaning ascribed to it in NRS 353.1467 .
Nev. Rev. Stat. § 116.310313 — NV Code / Title 10 / Chapter 116 / Section 116.310313
Collection of past due obligation; charge of reasonable fee to collect
Status: in_force

1. An association may charge a unit's owner reasonable fees to cover the costs of collecting any past due obligation. The Commission shall adopt regulations establishing the amount of the fees that an association may charge pursuant to this section.

2. The provisions of this section apply to any costs of collecting a past due obligation charged to a unit's owner, regardless of whether the past due obligation is collected by the association itself or by any person acting on behalf of the association, including, without limitation, an officer or employee of the association, a community manager or a collection agency.

3. As used in this section: (a) “ Costs of collecting ” includes any fee, charge or cost, by whatever name, including, without limitation, any collection fee, filing fee, recording fee, fee related to the preparation, recording or delivery of a lien or lien rescission, title search lien fee, bankruptcy search fee, referral fee, fee for postage or delivery and any other fee or cost that an association charges a unit's owner for the investigation, enforcement or collection of a past due obligation. The term does not include any costs incurred by an association if a lawsuit is filed to enforce any past due obligation or any costs awarded by a court. (b) “ Obligation ” means any assessment, fine, construction penalty, fee, charge or interest levied or imposed against a unit's owner pursuant to any provision of this chapter or the governing documents.
Nev. Rev. Stat. § 118A.100 — NV Code / Title 10 / Chapter 118A / Section 118A.100
“Landlord” defined
Status: in_force

“Landlord” means a person who provides a dwelling unit for occupancy by another pursuant to a rental agreement.
Nev. Rev. Stat. § 120A.100 — NV Code / Title 10 / Chapter 120A / Section 120A.100
“Owner” defined
Status: in_force

“ Owner ” means a person who has a legal or equitable interest in property subject to this chapter or the person's legal representative. The term includes, without limitation, a depositor in the case of a deposit, a beneficiary in the case of a trust other than a deposit in trust, and a creditor, claimant or payee in the case of other property.
Nev. Rev. Stat. § 111.830 — NV Code / Title 10 / Chapter 111 / Section 111.830
“Buyer” defined
Status: in_force

“ Buyer ” includes, without limitation, a grantee or other transferee of an interest in real property.
Nev. Rev. Stat. § 116.017 — NV Code / Title 10 / Chapter 116 / Section 116.017
“Common elements” defined
Status: in_force

“ Common elements ” means:

1. In the case of: (a) A condominium or cooperative, all portions of the common-interest community other than the units, including easements in favor of units or the common elements over other units. (b) A planned community, any real estate within a planned community which is owned or leased by the association, other than a unit.

2. In all common-interest communities, any other interests in real estate for the benefit of units' owners which are subject to the declaration.
Nev. Rev. Stat. § 117.090 — NV Code / Title 10 / Chapter 117 / Section 117.090
Common personalty
Status: in_force

Unless otherwise provided by a declaration of restrictions under NRS 117.060 , the management body, if any, provided for therein, may acquire and hold, for the benefit of the condominium owners, tangible and intangible personal property and may dispose of the same by sale or otherwise; and the beneficial interest in such personal property shall be owned by the condominium owners in the same proportion as their respective interests in the common areas, and shall not be transferable except with a transfer of a condominium. A transfer of a condominium shall transfer to the transferee ownership of the transferor's beneficial interest in such personal property.
Nev. Rev. Stat. § 119A.300 — NV Code / Title 10 / Chapter 119A / Section 119A.300
Requirements for issuance of initial permit
Status: in_force

Except as otherwise provided in NRS 119A.310 , the Administrator shall issue an initial permit to sell time shares to each applicant who:

1. Files by electronic means or in any other manner prescribed by the Administrator, a statement of record which includes: (a) The name and address of the project broker; (b) A copy of each time-share instrument that relates to the time-share plan; (c) A preliminary title report for the project issued within 30 days before submission of the application and copies of the documents listed as exceptions in the report; (d) Copies of any other documents which relate to the time-share plan or the project, including any contract, agreement or other document to be used to establish and maintain an association and to provide for the management of the time-share plan or the project, or both; (e) Copies of instructions for escrow, deeds, sales contracts and any other documents that will be used in the sale of the time shares; (f) A copy of any proposed trust agreement which establishes a trust for the time-share plan or the project, or both; (g) Documents which show the current assessments for property taxes on the project; (h) Documents which show compliance with local zoning laws; (i) If the units which are the subject of the time-share plan are in a condominium project, or other form of common-interest ownership of property, documents which show that use of the units is in compliance with the documents which created the common-interest ownership; (j) Copies of all documents which will be given to a purchaser who is interested in participating in a program for the exchange of occupancy rights among owners and copies of the documents which show acceptance of the time-share plan in such a program; (k) A copy of the budget or a projection of the operating expenses of the association, if applicable; (l) For a points-based time-share plan, a copy of the current point-value use directory and the rules and procedures for changes by the developer or the association to the manner in which point values may be used; (m) A financial statement of the developer; and (n) The public offering statement described in NRS 119A.307 in a form prescribed by regulation of the Division;

2. Pays the fee for an initial permit provided for in NRS 119A.360 ; and

3. Corrects any deficiencies in the application, including, without limitation, any deficiencies in the public offering statement.
Nev. Rev. Stat. § 119B.390 — NV Code / Title 10 / Chapter 119B / Section 119B.390
Action by Real Estate Commission against broker
Status: in_force

The Real Estate Commission may take action pursuant to NRS 645.630 against any broker who fails to supervise adequately the conduct of any person engaged in the sale of memberships offered pursuant to the provisions of this chapter.
Nev. Rev. Stat. § 116A.240 — NV Code / Title 10 / Chapter 116A / Section 116A.240
Service of notice and other information upon Commission
Status: in_force

Any notice or other information that is required to be served upon the Commission pursuant to the provisions of this chapter may be delivered to the principal office of the Division.
Nev. Rev. Stat. § 118B.170 — NV Code / Title 10 / Chapter 118B / Section 118B.170
Rights and duties of landlord concerning sale of manufactured home or recreational vehicle located in park
Status: in_force

1. The landlord may require approval of a prospective buyer and tenant before the sale of a tenant's manufactured home or recreational vehicle, if the manufactured home or vehicle will remain in the park. The landlord shall consider the record, if any, of the prospective buyer and tenant concerning the payment of rent. The landlord shall not unreasonably withhold his or her consent.

2. If a tenant sells his or her manufactured home or recreational vehicle, the landlord may require that the manufactured home or recreational vehicle be removed from the park if it is deemed by the park's written rules or regulations in the possession of the tenants to be in a run-down condition or in disrepair or does not meet the safety standards set forth in NRS 461A.120 . If the manufactured home must be inspected to determine compliance with the standards, the person requesting the inspection shall pay for it.

3. If the landlord requires the approval of a prospective buyer and tenant, the landlord shall: (a) Post and maintain a sign which is clearly readable at the entrance to the park which advises the reader that before a manufactured home in the park is sold, the prospective buyer must be approved by the landlord. (b) Approve or deny a completed application from a prospective buyer and tenant within 10 business days after the date of the submission of the application. (c) Inform the prospective buyer and tenant upon the submission of the completed application of the duty of the landlord to approve or deny the completed application within 10 business days after the date of submission of the completed application.

4. If the landlord requires the approval of a prospective buyer and tenant of a manufactured home or recreational vehicle and the manufactured home or recreational vehicle is sold without the approval of the landlord, the landlord may: (a) After providing at least 5 days' written notice to the buyer and tenant, bring an action for an unlawful detainer in the manner prescribed in chapter 40 of NRS; or (b) Require the buyer and tenant to sign a rental agreement. If the buyer and tenant refuse to sign the rental agreement within 5 days after such a request, the landlord may, after providing at least 5 days' written notice to the buyer and tenant, bring an action for an unlawful detainer in the manner provided in chapter 40 of NRS.

5. For the purposes of NRS 40.251 , a person who: (a) Purchases a manufactured home or recreational vehicle from a tenant of a manufactured home park which will remain in the park; (b) Was required to be approved by the landlord of the manufactured home park before the sale of the manufactured home or recreational vehicle; and (c) Was not approved by the landlord before the person purchased that manufactured home or recreational vehicle, shall be deemed a tenant at will and a lessee of the manufactured home park.

6. The provisions of this section do not apply to a corporate cooperative park.
Nev. Rev. Stat. § 116B.185 — NV Code / Title 10 / Chapter 116B / Section 116B.185
“Person” defined
Status: in_force

“ Person ” includes a government and governmental subdivision or agency.
Nev. Rev. Stat. § 111.1033 — NV Code / Title 10 / Chapter 111 / Section 111.1033
When nonvested property interest or power of appointment created
Status: in_force

1. Except as provided in subsections 2 and 3 and in subsection 1 of NRS 111.1039 , the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law.

2. For purposes of NRS 111.103 to 111.1039 , inclusive, if there is a person who alone can exercise a power created by a governing instrument to become the unqualified beneficial owner of: (a) A nonvested property interest; or (b) A property interest subject to a power of appointment described in subsection 2 or 3 of NRS 111.1031 , the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates. For purposes of NRS 111.103 to 111.1039 , inclusive, a joint power with respect to community property held by persons married to each other is a power exercisable by one person alone.

3. For purposes of NRS 111.103 to 111.1039 , inclusive, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.
Nev. Rev. Stat. § 111.677 — NV Code / Title 10 / Chapter 111 / Section 111.677
Void if interest in property transferred before death; last recorded deed upon death is effective
Status: in_force

1. If an owner of an interest in property who creates a deed upon death transfers his or her interest in the property to another person during his or her lifetime, the deed upon death is void.

2. If an owner of an interest in property who creates a deed upon death executes and records more than one deed upon death concerning the same property, the deed upon death that is last recorded before the death of the owner is the effective deed.
Nev. Rev. Stat. § 119A.4779 — NV Code / Title 10 / Chapter 119A / Section 119A.4779
Advance fee charged or collected by time-share resale broker; requirements for contract for advance fee listing; duties and prohibited acts; violation constitutes unfair or deceptive act or practice; civil penalty
Status: in_force

1. In addition to the provisions of NRS 645.322 , 645.323 and 645.324 , a time-share resale broker who charges or collects an advance fee shall place 80 percent of that fee into his or her trust account. If the time-share resale broker closes escrow on the time-share resale, the time-share resale broker shall be deemed to have earned the advance fee. If the listing of the time share expires before the time-share resale broker closes escrow on the time-share resale, the time-share resale broker must return the money held in the trust account to the owner of the time share within 10 days after the date of the expiration of the listing.

2. The contract for an advance fee listing must include the following disclosures to the owner of any previously sold time share: (a) A description of any fees or costs related to the services that the owner or any other person is required to pay to the time-share resale broker or to any third party; (b) A description of when any fees or costs are due; and (c) The disclosures required by paragraph (c) of subsection 1 of NRS 119A.4777 .

3. A time-share resale broker who charges or collects an advance fee shall not: (a) State or imply to an owner that the time-share resale broker has identified a person interested in buying or renting the time share without providing the name, address and telephone number of such person; (b) State or imply to an owner that the time share has a specific resale value; (c) Fail to honor any cancellation notice sent by the owner by midnight of the fifth day after the date of execution of the contract; or (d) Fail to provide a full refund of all money paid by an owner within 20 days after receipt of a notice of cancellation.

4. If a time-share resale broker executes a contract that fails to comply with the provisions of subsection 2, such contract is voidable at the option of the owner for a period of 1 year after the date of execution.

5. Notwithstanding the obligations placed upon any other person by this section, the time-share resale broker shall supervise, manage and control all aspects of the resale offering. Any violation of the provisions of this section that occurs during such offering shall be deemed a violation by the time-share resale broker and by the person who actually committed the violation.

6. The use of any unfair or deceptive act or practice by any person in connection with the offering of a time share for resale is a violation of this section.

7. A violation of this section is an unfair or deceptive act or practice pursuant to NRS 207.170 , 207.171 , 598.0915 to 598.0925 , inclusive, and chapters 598A and 599A of NRS.

8. Notwithstanding any other penalty provided for in this chapter or chapter 645 of NRS, a person who violates any provision of NRS 119A.4771 to 119A.4779 , inclusive, is subject to a civil penalty of not more than $1,000 for each violation.
Nev. Rev. Stat. § 111.063 — NV Code / Title 10 / Chapter 111 / Section 111.063
Tenancy in common: Creation
Status: in_force

Tenancy in common in real or personal property may be created by a single conveyance from a married couple holding title as joint tenants to themselves, or to themselves and others, or to one of them and others, when such conveyance expressly declares that the grantees thereunder are tenants in common.
Nev. Rev. Stat. § 116.31152 — NV Code / Title 10 / Chapter 116 / Section 116.31152
Study of reserves; duties of executive board regarding study; qualifications of person who conducts study; contents of study; submission of summary of study to Division; use of money credited against residential construction tax for upkeep of park facilities and related improvements identified in study
Status: in_force

1. The executive board shall: (a) At least once every 5 years, cause to be conducted a study of the reserves required to repair, replace and restore the major components of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore; (b) At least annually, review the results of that study to determine whether those reserves are sufficient; and (c) At least annually, make any adjustments to the association's funding plan which the executive board deems necessary to provide adequate funding for the required reserves.

2. Except as otherwise provided in this subsection, the study of the reserves required by subsection 1 must be conducted by a person who holds a permit issued pursuant to chapter 116A of NRS . If the common-interest community contains 20 or fewer units and is located in a county whose population is less than 55,000, the study of the reserves required by subsection 1 may be conducted by any person whom the executive board deems qualified to conduct the study.

3. The study of the reserves must include, without limitation: (a) A summary of an inspection of the major components of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore; (b) An identification of the major components of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore which have a remaining useful life of less than 30 years; (c) An estimate of the remaining useful life of each major component of the common elements and any other portion of the common-interest community that the association is obligated to maintain, repair, replace or restore identified pursuant to paragraph (b); (d) An estimate of the cost of maintenance, repair, replacement or restoration of each major component of the common elements and any other portion of the common-interest community identified pursuant to paragraph (b) during and at the end of its useful life; and (e) An estimate of the total annual assessment that may be necessary to cover the cost of maintaining, repairing, replacement or restoration of the major components of the common elements and any other portion of the common-interest community identified pursuant to paragraph (b), after subtracting the reserves of the association as of the date of the study, and an estimate of the funding plan that may be necessary to provide adequate funding for the required reserves.

4. A summary of the study of the reserves required by subsection 1 must be submitted to the Division not later than 45 days after the date that the executive board adopts the results of the study.

5. If a common-interest community was developed as part of a planned unit development pursuant to chapter 278A of NRS and is subject to an agreement with a city or county to receive credit against the amount of the residential construction tax that is imposed pursuant to NRS 278.4983 and 278.4985 , the association that is organized for the common-interest community may use the money from that credit for the repair, replacement or restoration of park facilities and related improvements if: (a) The park facilities and related improvements are identified as major components of the common elements of the association; and (b) The association is obligated to repair, replace or restore the park facilities and related improvements in accordance with the study of the reserves required by subsection 1.
Nev. Rev. Stat. § 111.310 — NV Code / Title 10 / Chapter 111 / Section 111.310
Instruments entitled to recordation; patents need not be acknowledged
Status: in_force

1. Except as otherwise provided in NRS 111.312 , a certificate of the acknowledgment of any conveyance or other instrument in any way affecting the title to real or personal property, or the proof of the execution thereof, as provided in this chapter, signed by the person taking the same, and under the seal or stamp of that person, if the person is required by law to have a seal or stamp, entitles the conveyance or instrument, with the certificate or certificates, to be recorded in the office of the recorder of any county in this state.

2. Any state or United States contract or patent for land may be recorded without any acknowledgment or proof.
Nev. Rev. Stat. § 119B.380 — NV Code / Title 10 / Chapter 119B / Section 119B.380
Enforcement of chapter and protection of purchasers by Administrator
Status: in_force

1. Whenever the Administrator believes that any person has violated any order, regulation, permit, decision, demand or requirement, or any of the provisions of this chapter, the Administrator may bring an action in the district court in the county in which the person resides or maintains his or her principal place of business or, if the person resides outside the State, in any court of competent jurisdiction within or outside the State, against the person to enjoin him or her from continuing the violation.

2. The Administrator may intervene in any action involving a membership or a program for the exchange of rights of occupancy, if intervention is necessary in the public interest and for the protection of the members.
Nev. Rev. Stat. § 119.230 — NV Code / Title 10 / Chapter 119 / Section 119.230
Sale under blanket encumbrance unlawful; exceptions
Status: in_force

It is unlawful for the owner or subdivider to sell lots or parcels within a subdivision subject to a blanket encumbrance unless one of the following conditions is complied with:

1. All sums paid or advanced by purchasers are placed in an escrow or other depository acceptable to the Division until the fee title contracted for is delivered to such purchaser by deed together with complete release from all financial encumbrances; or

2. The fee title to the subdivision is placed in trust under an agreement or trust acceptable to the Division until a proper release from each blanket encumbrance, including all taxes, is obtained and title contracted for is delivered to such purchaser; or

3. Such blanket encumbrance contains provisions evidencing the subordination or release of the lien of the holder or holders of the blanket encumbrance to the rights of those persons purchasing from the subdivider, and further evidencing that the subdivider is able to secure releases from such blanket encumbrances with respect to the property upon full payment of the purchase price owed by such person.
Nev. Rev. Stat. § 119.320 — NV Code / Title 10 / Chapter 119 / Section 119.320
Fees
Status: in_force

1. Subject to the provisions of this chapter, the Division shall collect the following fees at such times and upon such conditions as it may provide by regulation: (a) For deposit in the State General Fund: For each annual registered representative's license to represent a developer․․․․․․․․․․․ ․․․․․․$85 For each transfer of a registered representative's license to represent a developer․․․․ ․․․․․․․30 For each penalty for a late renewal of a registered representative's license․․․․․․․․․․․ ․․․․․․․40 For each developer's permit per subdivision․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․500 For each developer's temporary permit for each subdivision․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․275 For each renewal of a developer's permit․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․500 For each developer's partial registration pursuant to NRS 119.121․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․275 The $500 fee for a developer's permit per subdivision does not apply to any subdivision having 34 or fewer lots, parcels, interests or units. (b) For deposit for use by the Division in carrying out the provisions of this chapter: For each application for a developer's request for an exemption from any provision of this chapter ․․․․․$500 For each application for renewal of an exemption from any provision of this chapter․․․․ ․․․․․․500 For each penalty for a late renewal of a developer's permit․․․․․․․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․125 For each amendment to a developer's permit․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ ․․․․․․300 For each penalty for the untimely filing of an amendment to a developer's permit․․․․․․․ ․․․․․․125 For each filing of a Project Registration Form 649-Statement of Project Broker․․․․․․․․․ ․․․․․․․25 For each project request for processing within 5 days after a complete filing is made․․ ․․․․1,000

2. At the time of the original filing, each developer shall pay an additional $5 for each lot, parcel, interest or unit in any one subdivision in excess of 50, but not exceeding 250 such lots, parcels, interests or units; $4 for 251 through 500 lots, parcels, interests or units in any one subdivision; $3 for 501 through 750 lots, parcels, interests or units in any one subdivision; and $2.50 for all lots, parcels, interests or units in excess of 750 in any one subdivision. The developer may designate lots, parcels, interests or units it intends to offer for sale or lease in this state out of the subdivision, and the fee per lot, parcel, interest or unit is only applicable to those lots, parcels, interests or units. The units must be designated in groupings of no less than 5 contiguous units in each group, except that the Division may accept fewer upon request of the developer. If the developer determines to offer additional lots, parcels, interests or units, it shall so certify to the Division and pay the additional fee therefor.

3. With the exception of the fees for a registered representative's license or transfer, the fees enumerated in this section must be reduced by the Administrator at such times as, in his or her judgment, the Administrator considers a reduction equitable in relation to the necessary costs of carrying out the administration and enforcement of the provisions of this chapter.
Nev. Rev. Stat. § 111.745 — NV Code / Title 10 / Chapter 111 / Section 111.745
“Trust” defined
Status: in_force

“Trust” has the meaning ascribed to it in NRS 132.350 .
Nev. Rev. Stat. § 120A.120 — NV Code / Title 10 / Chapter 120A / Section 120A.120
“Utility” defined
Status: in_force

“ Utility ” means any person who owns or operates for public use any plant, equipment, real property, franchise or license for the transmission of communications or the production, storage, transmission, sale, delivery or furnishing of electricity, water, steam or gas.
Nev. Rev. Stat. § 116B.785 — NV Code / Title 10 / Chapter 116B / Section 116B.785
Power of Commission to adopt regulations concerning additional disclosures
Status: in_force

The Commission, or the Administrator with the approval of the Commission, may adopt regulations to require any additional disclosures in the case of a sale of a unit as it deems necessary.
Nev. Rev. Stat. § 120.210 — NV Code / Title 10 / Chapter 120 / Section 120.210
Chapter supplemented by other law
Status: in_force

1. Unless displaced by a provision of this chapter, the principles of law and equity supplement this chapter.

2. This chapter does not limit any right of a person to waive, release, disclaim or renounce an interest in or power over property under a law other than this chapter.
Nev. Rev. Stat. § 117.040 — NV Code / Title 10 / Chapter 117 / Section 117.040
Incidents of grant
Status: in_force

Unless otherwise expressly provided in the deeds, declaration of restrictions or plan, the incidents of a condominium grant are as follows:

1. The boundaries of the unit granted are the interior surfaces of the perimeter walls, floors, ceilings, windows and doors thereof, and the unit includes both the portions of the buildings so described and the airspace so encompassed. The following are not part of the unit: Bearing walls, columns, floors, roofs, foundations, elevator equipment and shafts, central heating, central refrigeration and central air-conditioning equipment, reservoirs, tanks, pumps and other central services, pipes, ducts, flues, chutes, conduits, wires and other utility installations, wherever located, except the outlets thereof when located within the unit. In interpreting deeds and plans the existing physical boundaries of the unit or of a unit reconstructed in substantial accordance with the original plans thereof shall be conclusively presumed to be its boundaries rather than the metes and bounds expressed in the deed or plan, regardless of settling or lateral movement of the building and regardless of minor variances between boundaries shown on the plan or in the deed and those of the building.

2. The common areas are owned by the owners of the unit as tenants in common in equal shares, one for each unit.

3. A nonexclusive easement for ingress, egress and support through the common areas is appurtenant to each unit and the common areas are subject to such easements.

4. Each condominium owner shall have the exclusive right to paint, repaint, tile, wax, paper or otherwise refinish and decorate the inner surfaces of the walls, ceilings, floors, windows and doors bounding his or her own unit.
Nev. Rev. Stat. § 116.021 — NV Code / Title 10 / Chapter 116 / Section 116.021
“Common-interest community” defined
Status: in_force

1. “ Common-interest community ” means real estate described in a declaration with respect to which a person, by virtue of the person's ownership of a unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance or improvement of, or services or other expenses related to, common elements, other units or other real estate described in that declaration.

2. The term does not include an agreement described in NRS 116.1209 .

3. For purposes of this section, “ ownership of a unit ” does not include holding a leasehold interest of less than 20 years in a unit, including options to renew.
Nev. Rev. Stat. § 111.785 — NV Code / Title 10 / Chapter 111 / Section 111.785
Single party or multiple parties: POD designation or agency designation; governing law
Status: in_force

1. An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to subsection 3 of NRS 111.795 , a single-party account or a multiple-party account may have a POD designation or an agency designation, or both.

2. An account established before, on or after October 1, 2011, whether in the form prescribed in subsection 1 of NRS 111.787 or in any other form, is a single-party account or a multiple-party account, with or without right of survivorship, and with or without a POD designation or an agency designation, and is governed by NRS 111.783 to 111.815 , inclusive.
Nev. Rev. Stat. § 111.075 — NV Code / Title 10 / Chapter 111 / Section 111.075
“Heir” or “issue” in remainders
Status: in_force

Where a remainder in lands or tenements, goods or chattels shall be limited by deed or otherwise, to take effect on the death of any person without heirs, or heirs of his or her body, or without issue, the word “heir,” or “issue,” shall be construed to mean heirs or issue living at the death of the person named as ancestor.
Nev. Rev. Stat. § 116B.815 — NV Code / Title 10 / Chapter 116B / Section 116B.815
Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: Powers and duties
Status: in_force

The Office of the Ombudsman for Owners in Common-Interest Communities and Condominium Hotels created by NRS 116.625 shall:

1. Assist in processing claims arising under this chapter that are submitted to mediation or arbitration or referred to a program pursuant to NRS 38.300 to 38.360 , inclusive;

2. Assist owners in condominium hotels to understand their rights and responsibilities as set forth in this chapter and the governing documents of their associations, including, without limitation, publishing materials related to those rights and responsibilities;

3. Assist members of executive boards and officers of associations to carry out their duties;

4. When appropriate, investigate disputes involving the provisions of this chapter or the governing documents of an association and assist in resolving such disputes; and

5. Compile and maintain a registration of each association organized within the State which includes, without limitation, the following information: (a) The name, address and telephone number of the association; (b) The names, mailing addresses and telephone numbers of the members of the executive board of the association; (c) The name of the declarant; (d) The name of the hotel unit owner; (e) The number of units in the condominium hotel; (f) The total annual assessment made by the association; and (g) The number of foreclosures which were completed on units within the condominium hotel and which were based on liens for the failure of the unit's owner to pay any assessments levied against the unit or any fines imposed against the unit's owner.
Nev. Rev. Stat. § 116B.905 — NV Code / Title 10 / Chapter 116B / Section 116B.905
Decisions on complaints
Status: in_force

1. After conducting its hearings on the complaint, the Commission or the hearing panel shall render a final decision on the merits of the complaint not later than 20 days after the date of the final hearing.

2. The Commission or the hearing panel shall notify all parties to the complaint of its decision in writing by certified mail, return receipt requested, not later than 60 days after the date of the final hearing. The written decision must include findings of fact and conclusions of law.
Nev. Rev. Stat. § 117.103 — NV Code / Title 10 / Chapter 117 / Section 117.103
Rules against perpetuities and unreasonable restraints on alienation
Status: in_force

NRS 111.1031 and the common-law rules of property known as the rule against perpetuities and the rule restricting unreasonable restraints on alienation must not be applied to defeat any of the provisions of this chapter.
Nev. Rev. Stat. § 118A.244 — NV Code / Title 10 / Chapter 118A / Section 118A.244
Notice or transfer of security deposit or surety bond to tenant and successor in interest required upon transfer of dwelling unit
Status: in_force

1. Upon termination of the landlord's interest in the dwelling unit, whether by sale, assignment, death, appointment of receiver or otherwise, the landlord or his or her agent shall, within a reasonable time, do one of the following, which relieves the landlord of further liability with respect to the security deposit or surety bond, or a combination thereof: (a) Notify the tenant in writing of the name, address and telephone number of the landlord's successor in interest, and that the landlord has transferred to his or her successor in interest the portion of the security deposit or surety bond, or combination thereof, remaining after making any deductions allowed under NRS 118A.242 . (b) Return to the tenant the portion of the security deposit remaining after making any deductions allowed under NRS 118A.242 . The successor has the rights, obligations and liabilities of the former landlord as to any portion of the security deposit owed under this section or NRS 118A.242 at the time of transfer.

2. The landlord shall, before he or she records a deed transferring any dwelling unit: (a) Transfer to his or her successor, in writing, the portion of any tenant's security deposit or other money held by the landlord which remains after making any deductions allowed under NRS 118A.242 ; or (b) Notify his or her successor in writing that the landlord has returned all such security deposits or portions thereof to the tenant.

3. Upon the termination of a landlord's interest in the dwelling unit, whether by sale, assignment, death, appointment of receiver or otherwise, the successor in interest: (a) Shall accept the tenant's security deposit or surety bond, or a combination thereof; and (b) Shall not require any additional security deposit or surety bond, or a combination thereof, from the tenant during the term of the rental agreement.
Nev. Rev. Stat. § 120.220 — NV Code / Title 10 / Chapter 120 / Section 120.220
Power to disclaim; general requirements; when irrevocable
Status: in_force

1. A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim.

2. Except to the extent a fiduciary's right to disclaim is expressly restricted or limited by another statute of this State or by the instrument creating the fiduciary relationship, a fiduciary may disclaim, in whole or part, any interest in or power over property, including a power of appointment, whether acting in a personal or representative capacity. A fiduciary may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim, or an instrument other than the instrument that created the fiduciary relationship imposed a restriction or limitation on the right to disclaim.

3. To be effective, a disclaimer must be in a writing or other record, declare the disclaimer, describe the interest or power disclaimed, be signed by the person making the disclaimer and be delivered or filed in the manner provided in NRS 120.290 . As used in this subsection: (a) “ Record ” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form; and (b) “ Signed ” means, with present intent to authenticate or adopt a record, to: (1) Execute or adopt a tangible symbol; or (2) Attach to or logically associate with the record an electronic sound, symbol or process.

4. A partial disclaimer may be expressed as a fraction, percentage, monetary amount, term of years, limitation of a power or any other interest or estate in the property.

5. A disclaimer becomes irrevocable when it is delivered or filed pursuant to NRS 120.290 or when it becomes effective as provided in NRS 120.230 to 120.280 , inclusive, whichever occurs later.

6. A disclaimer made under this chapter is not a transfer, assignment or release.
Nev. Rev. Stat. § 118A.200 — NV Code / Title 10 / Chapter 118A / Section 118A.200
Rental agreements: Signing; copies; required provisions; disputable presumptions; use of nonconforming agreement unlawful
Status: in_force

1. Any written agreement for the use and occupancy of a dwelling unit or premises must be signed by the landlord or his or her agent and the tenant or his or her agent.

2. The landlord shall provide one copy of any written agreement described in subsection 1 to the tenant free of cost at the time the agreement is executed and, upon request of the tenant, provide additional copies of any such agreement to the tenant within a reasonable time. The landlord may charge a reasonable fee for providing the additional copies.

3. Any written rental agreement must contain, but is not limited to, provisions relating to the following subjects: (a) Duration of the agreement. (b) Amount of rent and the manner and time of its payment. (c) Occupancy by children or pets. (d) Services included with the dwelling rental. (e) Fees which are required and the purposes for which they are required. (f) Deposits which are required and the conditions for their refund. (g) Charges which may be required for late or partial payment of rent or for return of any dishonored check. (h) Inspection rights of the landlord. (i) A listing of persons or numbers of persons who are to occupy the dwelling. (j) Respective responsibilities of the landlord and the tenant as to the payment of utility charges. (k) A signed record of the inventory and condition of the premises under the exclusive custody and control of the tenant. (l) A summary of the provisions of NRS 202.470 . (m) Information regarding the procedure pursuant to which a tenant may report to the appropriate authorities: (1) A nuisance. (2) A violation of a building, safety or health code or regulation. (n) Information regarding the right of the tenant to engage in the display of the flag of the United States, as set forth in NRS 118A.325 .

4. In addition to the provisions required by subsection 3, any written rental agreement for a single-family residence which is not signed by an authorized agent of the landlord who at the time of signing holds a permit to engage in property management pursuant to chapter 645 of NRS must contain a disclosure at the top of the first page of the agreement, in a font size at least two times larger than any other font size in the agreement, which states that: (a) There are rebuttable presumptions in NRS 205.0813 and 205.0817 that the tenant does not have lawful occupancy of the dwelling unless the agreement: (1) Is notarized or is signed by an authorized agent of the landlord who at the time of signing holds a permit to engage in property management pursuant to chapter 645 of NRS ; and (2) Includes the current address and telephone number of the landlord or his or her authorized representative; and (b) The agreement is valid and enforceable against the landlord and the tenant regardless of whether the agreement: (1) Is notarized or is signed by an authorized agent of the landlord who at the time of signing holds a permit to engage in property management pursuant to chapter 645 of NRS ; or (2) Includes the current address and telephone number of the landlord or his or her authorized representative.

5. The absence of a written agreement raises a disputable presumption that: (a) There are no restrictions on occupancy by children or pets. (b) Maintenance and waste removal services are provided without charge to the tenant. (c) No charges for partial or late payments of rent or for dishonored checks are paid by the tenant. (d) Other than normal wear, the premises will be returned in the same condition as when the tenancy began.

6. It is unlawful for a landlord or any person authorized to enter into a rental agreement on his or her behalf to use any written agreement which does not conform to the provisions of this section, and any provision in an agreement which contravenes the provisions of this section is void.

7. As used in this section, “ single-family residence ” means a structure that is comprised of not more than four units. The term does not include a manufactured home as defined in NRS 118B.015 .
Nev. Rev. Stat. § 120A.560 — NV Code / Title 10 / Chapter 120A / Section 120A.560
Report of abandoned property
Status: in_force

1. A holder of property presumed abandoned shall make a report to the Administrator concerning the property.

2. A holder may contract with a third party, including, without limitation, a transfer agent, to make the report required by subsection 1.

3. Whether or not a holder contracts with a third party pursuant to subsection 2, the holder is responsible: (a) To the Administrator for the complete, accurate and timely reporting of property presumed abandoned; (b) For paying or delivering to the Administrator the property described in the report; and (c) For any penalties, interest and fees due pursuant to NRS 120A.730 .

4. The report must contain: (a) A description of the property; (b) If known or readily ascertainable by the holder, the name, last known address and the social security number or taxpayer identification number of the apparent owner of property; (c) In the case of an amount held or owing under an annuity or a life or endowment insurance policy, the full name and last known address of the annuitant or insured and of the beneficiary; (d) In the case of property held in a safe-deposit box or other safekeeping depository, an indication of the location of the property and where it may be inspected by the Administrator and any amounts owing to the holder; (e) The date identified in subsection 1 or 8 of NRS 120A.500 from which the length of time required in subsection 1, 7 or 8 of NRS 120A.500 must be measured to determine whether the property is presumed abandoned pursuant to NRS 120A.500 or, if the property is a gift certificate, the date identified in subsection 1 of NRS 120A.520 , as applicable; and (f) Other information that the Administrator by regulation prescribes as necessary for the administration of this chapter.

5. If the information described in paragraph (b) of subsection 4 is: (a) Partially recorded, the recorded portion must be contained in the report; or (b) Not recorded in part or in full, the information contained in the report must be reported as unknown.

6. If a holder of property presumed abandoned is a successor to another person who previously held the property for the apparent owner or the holder has changed its name while holding the property, the holder shall file with the report its former names, if any, and the known names and addresses of all previous holders of the property.

7. Except as otherwise provided in subsection 8, the report must be filed before November 1 of each year and cover the 12 months next preceding July 1 of that year.

8. A report with respect to an insurance company must be filed before May 1 of each year for the immediately preceding calendar year.

9. Except as otherwise provided in subsection 10, the holder of property presumed abandoned shall send written notice to the apparent owner, not more than 120 days or less than 60 days before filing the report, stating that the holder is in possession of property subject to this chapter if: (a) The holder has in its records an address for the apparent owner which the holder's records do not disclose to be invalid and is sufficient to direct delivery of first-class United States mail to the apparent owner; and (b) The value of the property is $50 or more.

10. If the property presumed abandoned is in the form of stocks, equity, retirement accounts or virtual currency and the property is valued at $1,000 or more, the holder of the property shall send the written notice required by subsection 9 in the form of certified mail.

11. If a holder is required to send written notice to the apparent owner pursuant to subsection 9 and the apparent owner has consented to receive delivery from the holder by electronic mail, as defined in NRS 41.715 , the holder shall send the notice by first-class United States mail or certified mail, as applicable, to the apparent owner's last known mailing address, as described in paragraph (a) of subsection 9 and by electronic mail, unless the holder believes the apparent owner's electronic mail address is invalid.

12. Before the date for filing the report, the holder of property presumed abandoned may request the Administrator to extend the time for filing the report. The Administrator may grant the extension for good cause. The holder, upon receipt of the extension, may make an interim payment on the amount the holder estimates will ultimately be due, which terminates the accrual of additional interest on the amount paid.

13. The holder of property presumed abandoned shall file with the report an affidavit stating that the holder has complied with subsection 9.

14. Except as otherwise provided in subsection 15, the holder of property presumed abandoned shall, through a business portal established by the Administrator, electronically file the report and make the payment of the total amount due.

15. The Administrator may waive the requirement to file the report and make the payment electronically for good cause shown by the holder. The holder must request the waiver on or before the deadline established by the Administrator.
Nev. Rev. Stat. § 116.4106 — NV Code / Title 10 / Chapter 116 / Section 116.4106
Public offering statement: Common-interest community containing converted building
Status: in_force

1. The public offering statement of a common-interest community containing any converted building must contain, in addition to the information required by NRS 116.4103 and 116.41035 : (a) A statement by the declarant, based on a report prepared by an independent registered architect or licensed professional engineer, describing the present condition of all structural components and mechanical and electrical installations material to the use and enjoyment of the building; (b) A list of any outstanding notices of uncured violations of building codes or other municipal regulations, together with the estimated cost of curing those violations; and (c) The budget to maintain the reserves required pursuant to paragraph (b) of subsection 2 of NRS 116.3115 which must include, without limitation: (1) The current estimated replacement cost, estimated remaining life and estimated useful life of each major component of the common elements; (2) As of the end of the fiscal year for which the budget was prepared, the current estimate of the amount of cash reserves that are necessary to repair, replace and restore the major components of the common elements and the current amount of accumulated cash reserves that are set aside for such repairs, replacements and restorations; (3) A statement as to whether the declarant has determined or anticipates that the levy of one or more special assessments will be required within the next 10 years to repair, replace and restore any major component of the common elements or to provide adequate reserves for that purpose; (4) A general statement describing the procedures used for the estimation and accumulation of cash reserves described in subparagraph (2), including, without limitation, the qualifications of the person responsible for the preparation of the study of reserves required pursuant to NRS 116.31152 ; and (5) The funding plan that is designed to allocate the costs for the repair, replacement and restoration of the major components of the common elements over a period of years.

2. This section applies only to a common-interest community comprised of a converted building or buildings containing more than 12 units that may be occupied for residential use.
Nev. Rev. Stat. § 118A.470 — NV Code / Title 10 / Chapter 118A / Section 118A.470
Holding over by tenant
Status: in_force

If a tenant remains in possession without the landlord's consent after expiration of the term of the rental agreement or its termination, the landlord may bring an action for possession and for rent and the landlord may also recover his or her actual damages. If the landlord consents to the tenant's continued occupancy, the tenancy is from week to week in the case of a tenant who pays weekly rent, and in all other cases the tenancy is from month to month. Such occupancy is otherwise on the same terms and conditions as were contained in the rental agreement unless specifically agreed otherwise.