reglab/housing_qa huggingface dataset:
NV Rev Stat § 119A.052 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.052 - "Limited common area" defined.

Limited common area means a portion of the common area allocated by a time-share instrument for the exclusive use of at least one, but not all, of the units in a project.  (Added to NRS by 2001, 2495)
NV Rev Stat § 119A.054 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.054 - "Manager" defined.

Manager means a person who undertakes, directly or indirectly, the duties, responsibilities and obligations of managing, in whole or in part, a time-share plan or a project, or both, in accordance with an agreement entered into pursuant to NRS 119A.530.  (Added to NRS by 2001, 2495)
NV Rev Stat § 119A.055 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.055 - "Material change" defined.

  1. "Material change" means a change in any information or document that is part of the statement of record which renders the statement of record inaccurate, incomplete or misleading in such a way as to adversely affect the rights or obligations of a purchaser.  2. The term does not include a change:  (a) In the real estate tax assessment or rate, utility charges or deposits, maintenance fees, association dues, assessments, special assessments or any recurring time-share expense item, if the change is made known immediately to the prospective purchaser by a written addendum to the public offering statement;  (b) Which is an aspect or result of the orderly development of the time-share plan in accordance with the time-share instrument, if the change is made known immediately to the prospective purchaser by a written addendum to the public offering statement;  (c) Which corrects spelling, grammar, omissions or other similar errors and which does not affect the substance of the information or document; or  (d) Which occurs in the issuance of the updated annual report or disclosure document of an exchange company.  (Added to NRS by 2013, 3507)
NV Rev Stat § 119A.056 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.056 - "Owner" defined.

Owner means a person, including a developer, who has an equitable or legal interest in a time share. The term does not include a person who has an interest in a time share solely as security for an obligation.  (Added to NRS by 1991, 96; A 2001, 2499)
NV Rev Stat § 119A.058 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.058 - "Permanent identifying number" defined.

Permanent identifying number means a series of numbers or letters, or any combination thereof, which identifies, for the duration of a time-share plan, one time share in the plan.  (Added to NRS by 2001, 2495)
NV Rev Stat § 119A.060 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.060 - "Permit" defined.

Permit means the authorization issued by the Administrator pursuant to the provisions of this chapter to a developer to offer to sell or sell time shares.  (Added to NRS by 1983, 977)
NV Rev Stat § 119A.070 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.070 - "Person" defined.

Person includes a government, a governmental agency and a political subdivision of a government.  (Added to NRS by 1983, 977; A 1985, 508)
NV Rev Stat § 119A.080 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.080 - "Project" defined.

Project means the real property which, in whole or in part, is the subject of a time-share plan.  (Added to NRS by 1983, 977; A 1985, 1137; 2001, 2499)
NV Rev Stat § 119A.090 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.090 - "Project broker" defined.

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.  (Added to NRS by 1983, 977; A 2001, 2499; 2013, 1581, 3510)
NV Rev Stat § 119A.100 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.100 - "Public offering statement" defined.

Public offering statement means a disclosure document prepared and signed by the developer and approved or deemed approved for use by the Division pursuant to the provisions of this chapter, which contains the information required by this chapter and any regulations adopted pursuant thereto.  (Added to NRS by 1983, 977; A 2001, 2499; 2013, 1581, 3510)
NV Rev Stat § 119A.110 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.110 - "Purchaser" defined.

Purchaser means any person, other than the developer or lender, who purchases a time share.  (Added to NRS by 1983, 978)
NV Rev Stat § 119A.120 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.120 - "Representative" defined.

Representative means a person who is not a sales agent and who, on behalf of a developer, induces other persons to attend a sales presentation. The term does not include a person who only performs clerical tasks, arranges appointments set up by others or prepares or distributes promotional materials.  (Added to NRS by 1983, 978)
NV Rev Stat § 119A.130 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.130 - "Sales agent" defined.

Sales agent means a person who, on behalf of a developer and under the direct supervision of a person licensed pursuant to the provisions of chapter 645 of NRS, sells or offers to sell a time share to a purchaser or who, if he or she is not registered as a representative, may act to induce other persons to attend a sales presentation on the behalf of a developer.  (Added to NRS by 1983, 978; A 2005, 1297; 2013, 1582, 3510)
NV Rev Stat § 119A.133 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.133 - "Sales and marketing entity" defined.

Sales and marketing entity means an entity hired by a developer to manage the sale or marketing of a time-share plan.  (Added to NRS by 2013, 1576, 3507)
NV Rev Stat § 119A.137 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.137 - "Statement of record" defined.

Statement of record means the information provided to the Administrator pursuant to subsection 1 of NRS 119A.300 or NRS 119A.302, as applicable.  (Added to NRS by 2013, 3507)
NV Rev Stat § 119A.140 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.140 - "Time share" defined.

Time share means the right to use and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners whether or not there is an additional charge to the owner for occupying the unit.  (Added to NRS by 1983, 978; A 1985, 1137; 2001, 2499)
NV Rev Stat § 119A.150 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.150 - "Time-share instrument" defined.

Time-share instrument means any document creating or regulating time shares, excluding any law, ordinance or governmental regulation.  (Added to NRS by 1983, 978)
NV Rev Stat § 119A.152 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.152 - "Time-share plan" defined.

Time-share plan means the rights to time shares and the obligations and interests appurtenant thereto created by a time-share instrument.  (Added to NRS by 2001, 2495)
NV Rev Stat § 119A.153 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.153 - "Time-share resale" defined.

Time-share resale means the sale or transfer of a time share that was previously sold to a purchaser.  (Added to NRS by 1999, 2686)
NV Rev Stat § 119A.156 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.156 - "Time-share resale broker" defined.

Time-share resale broker means a person who is licensed pursuant to chapter 645 of NRS and is registered as a time-share resale broker pursuant to the provisions of this chapter and who, for compensation, lists, advertises, transfers, assists in transferring, promotes for resale or solicits prospective purchasers of previously sold time shares, on behalf of an owner other than a developer.  (Added to NRS by 1999, 2686; A 2013, 1582, 3510)
NV Rev Stat § 119A.160 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.160 - "Unit" defined.

Unit means that portion of a project which is designated for separate occupancy.  (Added to NRS by 1983, 978; A 2001, 2500)
NV Rev Stat § 119A.170 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.170 - Applicability of this chapter and chapter 645 of NRS.

  1. Unless the method of disposition is adopted to evade the provisions of this chapter or chapter 645 of NRS, the provisions of this chapter, except subsection 4, do not apply to:  (a) The sale of 12 or fewer time shares in a time-share plan;  (b) The sale or transfer of a time share by an owner who is not the developer, unless the time share is sold in the ordinary course of business of that owner;  (c) Any transfer of a time share:  (1) By deed in lieu of foreclosure;  (2) At a foreclosure sale; or  (3) By the resale of a time share by an association that has been acquired by that association:  (I) By termination of a contractual right of occupancy;  (II) By deed in lieu of foreclosure, other transfer or termination; or   (III) At a foreclosure sale,  provided that the association or its agent delivers to the purchaser the disclosures required by subsections 2 and 3 of NRS 119A.4775 and gives the purchaser the statement of the right of cancellation required by NRS 119A.410;  (d) A gratuitous transfer of a time share;  (e) A transfer by devise or descent or a transfer to an inter vivos trust; or  (f) The sale or transfer of the right to use and occupy a unit on a periodic basis which recurs over a period of less than 5 years.  2. Any campground or developer who is subject to the requirements of chapter 119B of NRS and complies with those provisions is not required to comply with the provisions of this chapter.  3. The Division may waive any provision of this chapter if it finds that the enforcement of that provision is not necessary in the public interest or for the protection of purchasers.  4. The provisions of chapter 645 of NRS apply to the sale of time shares, except any sale of a time share to which this chapter applies and except any provisions of this chapter expressly excluding the applicability of the provisions of chapter 645 of NRS, and for the purpose of applying the provisions of chapter 645 of NRS, the terms "real property" and "real estate" as used in chapter 645 of NRS shall be deemed to include a time share, whether it is an interest in real property or merely a contractual right to occupancy.  (Added to NRS by 1983, 978; A 1985, 1137; 1991, 96; 2001, 2500; 2013, 1582, 3510)
NV Rev Stat § 119A.172 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.172 - Applicability of provisions relating to real estate brokers and sales agents to certain owners who refer prospective purchasers to developer or association or to employee or agent of developer or association.

The provisions of this chapter and chapter 645 of NRS relating to real estate brokers and sales agents do not apply to an owner, other than a developer, who, for compensation, refers prospective purchasers to a developer or an association or an employee or agent of the developer or association, if the owner:  1. Refers to a developer or an association or an employee or agent of the developer or association, or any combination thereof, not more than 20 prospective purchasers within any 1 calendar year; and  2. Does not discuss with the prospective purchaser the terms and conditions of the purchase or otherwise participate in negotiations relating to the sale of the time share.  (Added to NRS by 2001, 2495; A 2013, 3511)
NV Rev Stat § 119A.174 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.174 - Applicability of local ordinances, regulations and building codes.

  1. A building code may not impose any requirements upon any structure in a project which it would not impose upon a physically identical development under a different form of ownership.  2. Except as otherwise provided in subsection 1, 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.  (Added to NRS by 2001, 2495)
NV Rev Stat § 119A.180 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.180 - Classification of interest of purchaser.

  1. A purchaser shall not be deemed to hold an investment contract, nor shall his or her purchase be considered risk capital, because income derived from the project and any personal property available for use by the purchaser in conjunction therewith reduces the assessment for time-share expenses, if the income inures directly to the benefit of the association and not to his or her direct benefit.  2. An interest in a time share is not a security under the provisions of chapter 90 of NRS.  (Added to NRS by 1983, 991; A 2001, 2500)
NV Rev Stat § 119A.190 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.190 - Regulations; professional consultants; publication of proposed form before adoption and consideration of comments.

  1. The Division may:  (a) Adopt regulations:  (1) Which are necessary to carry out the provisions of this chapter.  (2) Regarding the content of advertisements relating to time shares.  (b) Employ such legal counsel, investigators and other professional consultants as are necessary to carry out the provisions of this chapter, including, without limitation, for the review of a statement of record filed pursuant to NRS 119A.300 or 119A.302.  2. The Division shall publish on its official Internet website, or otherwise make public for at least 30 days before the adoption by the Division, any form proposed to be used by the Division under this chapter. The Division shall consider comments on any such proposed form before its adoption.  (Added to NRS by 1983, 978; A 2013, 3511)
NV Rev Stat § 119A.195 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.195 - Authority for Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.

  1. The Administrator may adopt regulations which establish procedures for the Division to conduct business electronically pursuant to title 59 of NRS with persons who are regulated pursuant to this chapter and with any other persons with whom the Division conducts business. The regulations may include, without limitation, the establishment of fees to pay the costs of conducting business electronically with the Division.  2. In addition to the process authorized by NRS 719.280, if the Division is conducting business electronically with a person and a law requires a signature or record to be notarized, acknowledged, verified or made under oath, the Division may allow the person to substitute a declaration that complies with the provisions of NRS 53.045 or NRS 53.250 to 53.390, inclusive, to satisfy the legal requirement.  3. The Division may refuse to conduct business electronically with a person who has failed to pay money which the person owes to the Division.  (Added to NRS by 2003, 1306; A 2011, 16)
NV Rev Stat § 119A.200 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.200 - Limitation on licensing by local governments.

Time shares, time-share plans and projects to which this chapter applies are subject to licensing by local governments for revenue but not for regulation.  (Added to NRS by 1983, 996; A 2001, 2500)
NV Rev Stat § 119A.212 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 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.

  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.  (Added to NRS by 2013, 2723)
NV Rev Stat § 119A.220 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.220 - Sales agents: Association with project broker.

  1. A sales agent may work for only one project broker at any one time at the location designated in the license.  2. A project broker shall give written notice to the Division of a change of association of any sales agent associated with the project broker within 10 days after that change.  3. The project broker, upon the termination of the employment of any sales agent associated with the project broker, shall submit that agent’s license to the Division.  4. If a sales agent changes his or her association with any project broker or changes his or her location designated in the license, the sales agent must apply to the Division for the reissuance of his or her license for its unexpired term. The application must be accompanied by a fee of $25.  5. A sales agent may only become associated with a project broker who certifies to the sales agent’s honesty, trustworthiness and good reputation.  (Added to NRS by 1983, 985; A 1985, 1139; 2013, 3513; 2015, 2786)
NV Rev Stat § 119A.230 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.230 - Sales agents: Disciplinary actions.

  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.  (Added to NRS by 1983, 993; A 1985, 1139, 1672, 1673; 1987, 892; 2001, 529; 2003, 2690)
NV Rev Stat § 119A.233 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.233 - Provisional sales agents: Qualifications; employment with project broker.

  1. The Division shall issue a provisional sales agent’s license for an applicant who submits:  (a) A complete application for a sales agent’s license in compliance with NRS 119A.210 and applicable regulations;  (b) A written statement of acknowledgment from the project broker who will employ the applicant that:  (1) The project broker has obtained a report on the background of the applicant from a licensed private investigator or other reputable source acceptable to the Division;  (2) The project broker is satisfied that the applicant has a reputation for honesty, trustworthiness and competence; and  (3) There is a written agreement between the project broker and the applicant in which the applicant states that he or she understands and agrees that his or her employment in a position as a provisional sales agent will be terminated if the Division denies his or her application for a sales agent’s license; and  (c) A copy of the report described in subparagraph (1) of paragraph (b), which must demonstrate that the applicant has not been convicted of, or pleaded guilty, guilty but mentally ill or nolo contendere to, any crime that would be grounds for the Division to deny the application for a sales agent’s license pursuant to this chapter or any regulations adopted pursuant thereto.  2. The Division shall issue a provisional license to the project broker for an applicant upon verifying the applicant’s complete submission of all the required items set forth in subsection 1.  (Added to NRS by 2007, 806)
NV Rev Stat § 119A.235 (2021)
2021 Nevada Revised Statutes|Chapter 119A - Time Shares|NRS 119A.235 - Provisional sales agents: Expiration of licenses; application to work for new project broker; termination of employment; denial of application for license.

  1. A provisional license issued to an applicant by the Division will expire automatically:  (a) If the Division denies the applicant’s application;  (b) Upon the issuance of a sales agent’s license to the project broker for the applicant;  (c) If the Division denies the applicant an identification card or permit of any kind;  (d) If the applicant terminates employment with the project broker who provided the written statement of acknowledgment identified in NRS 119A.233; or  (e) If the applicant’s check for the fee for the application of an original license is returned for insufficient funds.  2. An applicant may not work for a new project broker without resubmitting a complete application for a sales agent’s license in compliance with NRS 119A.210 and 119A.233 and applicable regulations.  3. Except as otherwise provided in this section, a provisional license expires 1 year after its date of issuance and may not be renewed.  4. Within 10 days after an applicant’s employment is terminated, the project broker shall notify the Division of the termination and return the provisional license to the Division.  5. If the Division denies the application for a sales agent’s license, the applicant:  (a) May request a hearing to contest the denial of the application pursuant to this chapter and any regulations adopted pursuant thereto; and  (b) Shall not work as a provisional sales agent or in any other position that requires a provisional license while the decision on the appeal requested pursuant to paragraph (a) is pending.  (Added to NRS by 2007, 807)