reglab/housing_qa huggingface dataset:
NV Rev Stat § 624.460 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.460 - "Subsequent owner" defined.

Subsequent owner means a natural person who purchases a single-family residence from the owner of the residence.  (Added to NRS by 1999, 1967; A 2001, 141)
NV Rev Stat § 624.470 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.470 - Establishment of account; reference to account as "Recovery Fund"; collection of biennial assessment; reduction in amount of assessment under certain circumstances; use of money in account.

  1. Except as otherwise provided in subsection 3, in addition to the fee for a license required pursuant to NRS 624.280, a residential contractor shall pay to the Board an assessment not to exceed the following amount, if the monetary limit on the residential contractor’s license is: Not more than $1,000,000.............................................................. $200 per biennium More than $1,000,000 but limited................................................... 500 per biennium Unlimited........................................................................................ 1,000 per biennium  2. The Board shall administer and account separately for the money received from the assessments collected pursuant to subsection 1. The Board may refer to the money in the account as the "Recovery Fund."  3. The Board shall reduce the amount of the assessments collected pursuant to subsection 1 when the balance in the account reaches 150 percent of the largest balance in the account during the previous fiscal year.  4. Except as otherwise provided in NRS 624.540, the money in the account must be used to pay claims made by injured persons, as provided in NRS 624.400 to 624.560, inclusive.  (Added to NRS by 1999, 1967; A 2003, 1902; 2007, 863; 2009, 766)
NV Rev Stat § 624.480 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.480 - Limitation on time to file complaint seeking recovery.

Except as otherwise provided in NRS 624.490, an injured person who wishes to recover from the account must file a complaint with the Board or its designee within 4 years after the completion of qualified services.  (Added to NRS by 1999, 1968)
NV Rev Stat § 624.490 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.490 - Application to Board for satisfaction of judgment from account.

Within 2 years after an injured person has obtained a judgment in any court of competent jurisdiction for recovery of damages against a residential contractor for an act or omission of the residential contractor that is in violation of this chapter or the regulations adopted pursuant thereto, the injured person may apply to the Board for satisfaction of the judgment from the account if:  1. The proceedings in connection with the judgment have terminated, including appeals;  2. The injured person submits an application on a form established for this purpose by the Board;  3. The injured person submits proof satisfactory to the Board of the judgment; and  4. Upon obtaining payment from the account, the injured person assigns his or her rights to enforce the judgment to the Board.  (Added to NRS by 1999, 1968)
NV Rev Stat § 624.500 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.500 - Hearing on complaint; limitation on time for acting on complaint.

  1. The Board or its designee shall hold a hearing if the Board receives a complaint pursuant to NRS 624.480. The time and place for the hearing must be fixed by the Board or its designee, and the Board or its designee shall notify the injured person in writing of the time and place of the hearing at least 30 days before the date fixed for the hearing.  2. Any testimony taken pursuant to NRS 624.170 to 624.210, inclusive, must be considered a part of the record of the hearing before the Board or its designee.  3. The hearing must be public if a request is made for a public hearing.  4. The Board or its designee shall act upon the complaint within 6 months after the complaint is filed with the Board.  (Added to NRS by 1999, 1968)
NV Rev Stat § 624.520 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.520 - Contractor to notify owner of rights related to account; written statement; administrative fine for noncompliance.

  1. A residential contractor shall notify an owner with whom he or she contracts of the rights of the owner pursuant to NRS 624.400 to 624.560, inclusive, including, without limitation, providing a written statement explaining those rights in any agreement or contract for qualified services. The written statement must be in substantially the following form: RESIDENTIAL CONSTRUCTION RECOVERY FUND Payment may be available from the Recovery Fund if you are damaged financially by a project performed on your residence pursuant to a contract, including construction, remodeling, repair or other improvements, and the damage resulted from certain specified violations of Nevada law by a contractor licensed in this State. To obtain information relating to the Recovery Fund and filing a claim for recovery from the Recovery Fund, you may contact the State Contractors’ Board.  2. The Board may impose upon a contractor an administrative fine:  (a) Of not more than $100 for the first violation of subsection 1; and  (b) Of not more than $250 for a second or subsequent violation of subsection 1.  3. The Board shall deposit any money received pursuant to this section in the account established pursuant to NRS 624.470.  (Added to NRS by 1999, 1970; A 2019, 38)
NV Rev Stat § 624.530 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.530 - Board retains authority to take disciplinary action against residential contractor; additional actions by Board against residential contractor.

  1. The provisions of NRS 624.400 to 624.560, inclusive, do not limit the authority of the Board to take disciplinary action against a residential contractor.  2. If the Board or its designee finds that an owner recovered from the account an amount paid by the owner to obtain a release of a lien recorded against property to be improved by a construction project as a result of a residential contractor’s act or omission as described in subsection 2 of NRS 624.3012, in addition to any disciplinary action that the Board takes against the residential contractor pursuant to subsection 1, the Board may:  (a) Suspend or revoke the license of the residential contractor; and  (b) Prohibit the issuance, reinstatement or renewal of a license to the residential contractor and any officer, director, associate or partner thereof, unless the residential contractor or any officer, director, associate or partner thereof repays to the account or the owner, or both, as appropriate, any amount paid out of the account or by the owner as a result of the act or omission of the residential contractor.  (Added to NRS by 1999, 1970; A 2009, 766)
NV Rev Stat § 624.540 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.540 - Annual statement of condition of account to Legislature; employment of necessary persons; procurement of necessary equipment, supplies and services; interest credited to account; limit on expenditures.

  1. The Board shall:  (a) On or before February 1 of each year, prepare and submit to the Director of the Legislative Counsel Bureau for transmittal to the appropriate legislative committee if the Legislature is in session, or to the Interim Finance Committee if the Legislature is not in session, a statement of the condition of the account that is prepared in accordance with generally accepted accounting principles.  (b) Employ accountants as necessary for the performance of the duties set forth in this section and pay any related expenses from the money in the account. Except as otherwise provided in subsection 3, the expenditures made by the Board pursuant to this paragraph must not exceed $10,000 in any fiscal year.  (c) Employ or contract with persons and procure necessary equipment, supplies and services to be paid from or purchased with the money in the account as may be necessary to monitor or process claims filed by injured persons that may result in a recovery from the account.  2. Any interest earned on the money in the account must be credited to the account. The Board may expend the interest earned on the money in the account to increase public awareness of the account. Except as otherwise provided in subsection 3, the expenditures made by the Board for this purpose must not exceed $50,000 in any fiscal year.  3. The total expenditures made by the Board pursuant to this section must not exceed 10 percent of the account in any fiscal year.  (Added to NRS by 1999, 1969)
NV Rev Stat § 624.550 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.550 - Minimum balance in account.

Once an initial balance of $200,000 exists in the account, the Board shall maintain a minimum balance of $200,000 in the account.  (Added to NRS by 1999, 1970)
NV Rev Stat § 624.560 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.560 - Regulations.

The Board shall adopt such regulations as are necessary to carry out the provisions of NRS 624.400 to 624.560, inclusive, including, without limitation, regulations governing:  1. The disbursement of money from the account; and  2. The manner in which a complaint is filed with the Board or its designee pursuant to NRS 624.480.  (Added to NRS by 1999, 1970)
NV Rev Stat § 624.570 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.570 - Creation; members; expenses; duties; powers; regulations.

  1. The Commission on Construction Education is hereby created.  2. The Commission consists of one member who is a member of the Board and six members appointed by the Governor as follows:  (a) Four members who are representatives of the construction industry; and  (b) Two members who have knowledge of construction education programs.  3. Each member of the Commission serves a term of 3 years.  4. The members of the Commission who are appointed by the Governor serve without compensation, per diem allowance or reimbursement for travel expenses. While engaged in the business of the Commission, the member who is a member of the Board shall receive from the Board the same salary, per diem allowance and reimbursement for travel expenses the member receives while engaged in the business of the Board.  5. The Commission shall review programs of education which relate to building construction and distribute grants from the Construction Education Account created pursuant to NRS 624.580 for programs that the Commission determines qualify for such a grant.  6. The Board may adopt regulations which establish the rules of procedure for meetings of the Commission.  7. The Commission shall adopt regulations providing:  (a) Procedures for applying for a grant of money from the Construction Education Account;  (b) Procedures for reviewing an application for a grant from the Construction Education Account; and  (c) Qualifications for receiving a grant from the Construction Education Account.  (Added to NRS by 2001, 2408)
NV Rev Stat § 624.580 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.580 - Construction Education Account; administration.

  1. There is hereby created a Construction Education Account as a separate account within the State General Fund.  2. Money deposited in the Account must be used:  (a) For the purposes of construction education and to pay the costs of the Commission on Construction Education as described in accordance with subsection 3, and in addition to any other money provided for construction education from any other source; or  (b) For any other purpose authorized by the Legislature.  3. The Commission on Construction Education shall administer the Construction Education Account and, except as otherwise provided in paragraph (b) of subsection 2, shall disburse the money in the Account as follows:  (a) At least 95 percent of the money deposited in the Account must be used to fund programs of education which relate to building construction and which the Commission on Construction Education determines qualify for grants; and  (b) Not more than 5 percent of the money deposited in the Account may be reserved for operating expenses incurred by the Commission on Construction Education pursuant to this section.  4. The unexpended and unencumbered balance, if any, remaining in the Construction Education Account at the end of each fiscal year, must remain in the Account.  (Added to NRS by 2001, 2409; A 2003, 173; 2010, 26th Special Session, 24)
NV Rev Stat § 624.600 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.600 - Required disclosures by general building contractor to owner of single-family residence with whom contractor has contracted.

A general building contractor shall provide in writing to the owner of a single-family residence with whom he or she has contracted:  1. The name, license number, business address and telephone number of:  (a) All subcontractors with whom he or she has contracted on the project; and  (b) All persons who furnish material of the value of $500 or more to be used in the project.  2. A notice that a person described in subsection 1 may record a notice of lien upon the residence of the owner and any building, structure and improvement thereon pursuant to the provisions of NRS 108.226.  3. An informational form, whose contents must be prescribed by the Board, regarding:  (a) Contractors pursuant to this chapter; and  (b) Mechanics’ and materialmen’s liens pursuant to chapter 108 of NRS.  (Added to NRS by 1997, 2686)
NV Rev Stat § 624.602 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.602 - Required disclosure and provision of builder’s warranty to purchaser by licensee who completes construction of new, single-family residence.

  1. A licensee who completes construction of a new, single-family residence shall provide to the purchaser of the residence:  (a) A separate, single-page disclosure describing the rights of the purchaser under this chapter, including, without limitation, the right to file a complaint pursuant to NRS 624.480 seeking recovery from the account established pursuant to NRS 624.470; and  (b) A builder’s warranty that meets the requirements of this section.  2. A builder’s warranty provided by a licensee pursuant to this section must:  (a) Be in writing.  (b) Be valid for a period of at least 1 year from the date of completion of a written punch list. As used in this paragraph, "punch list" means a list of any materials or work describing incomplete or incorrect installations or incidental damage to existing finishes, material and structures that do not conform to the specifications of the contract or the requirements of subsection 1 of NRS 624.3017.  (c) Contain terms that include, without limitation, warrantying all home systems, workmanship, materials, plumbing, electrical and mechanical systems, appliances installed by contractors, fixtures, equipment and structural components, unless a separate warranty is provided by the manufacturer or installer of such a product, component or system.  (d) Be transferable to a subsequent purchaser of the residence.  (e) Not be deemed, construed or interpreted to constitute a waiver or release of any other warranty from the licensee provided by contract or otherwise available under the laws of this State.  (Added to NRS by 2019, 2283)
NV Rev Stat § 624.605 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.605 - Availability to contractor of names and addresses of subcontractors delinquent in payment of contributions for unemployment or industrial insurance.

The Employment Security Division of the Department of Employment, Training and Rehabilitation and the Administrator of the Division of Industrial Relations of the Department of Business and Industry shall make available, upon request, to any licensed contractor the names and addresses of subcontractors who are delinquent in paying the amounts owed by the subcontractor to:  1. The Division for benefits for unemployment pursuant to chapter 612 of NRS; and  2. A private carrier that provides industrial insurance in this State for premiums for industrial insurance.  (Added to NRS by 1983, 1350; A 1993, 1890; 1995, 634, 2048; 1999, 1828)
NV Rev Stat § 624.606 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.606 - Definitions.

As used in NRS 624.606 to 624.630, inclusive, the words and terms defined in NRS 624.607 to 624.6086, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2001, 1615; A 2005, 1224, 1721)
NV Rev Stat § 624.607 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.607 - "Higher-tiered contractor" defined.

Higher-tiered contractor means a prime contractor or subcontractor who has entered into an oral or written agreement with a lower-tiered subcontractor pursuant to which the lower-tiered subcontractor has agreed to provide work, materials or equipment for a work of improvement.  (Added to NRS by 2001, 1615; A 2005, 1721)
NV Rev Stat § 624.608 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.608 - "Lower-tiered subcontractor" defined.

Lower-tiered subcontractor means a subcontractor who has agreed in an oral or written agreement with a higher-tiered contractor to provide work, materials or equipment for a work of improvement.  (Added to NRS by 2001, 1615; A 2005, 1722)
NV Rev Stat § 624.6084 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.6084 - "Owner" defined.

  1. "Owner" means an owner or lessee of real property or any improvement who enters into an oral or written agreement with a prime contractor pursuant to which the prime contractor agrees to provide work, materials or equipment for a work of improvement.  2. The term includes, without limitation, an owner of a planned unit development who enters into one or more oral or written agreements to construct a work of improvement in the planned unit development in the manner described in subsection 5 of NRS 624.020.  (Added to NRS by 2005, 1223, 1721)
NV Rev Stat § 624.6086 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.6086 - "Prime contractor" defined.

Prime contractor means a contractor who enters into an oral or written agreement with an owner pursuant to which the prime contractor agrees to provide work, materials or equipment for a work of improvement.  (Added to NRS by 2005, 1223, 1721)
NV Rev Stat § 624.622 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.622 - Requirements concerning notices; prohibited provisions; exemptions; requests for information.

  1. A prime contractor shall provide a copy of any notice given to an owner pursuant to subsection 1 or 2 of NRS 624.610 to each lower-tiered subcontractor with whom the prime contractor has entered into an agreement. Upon receipt of payment pursuant to NRS 624.609, the prime contractor shall notify all such lower-tiered subcontractors in writing of receipt of payment.  2. A condition, stipulation or provision in an agreement which:  (a) Requires a prime contractor to waive any rights provided in this section, NRS 624.609, 624.610, 624.620 or 624.630, or which limits those rights;  (b) Relieves an owner of any obligation or liability imposed pursuant to NRS 624.606 to 624.630, inclusive; or  (c) Requires a prime contractor to waive, release or extinguish a claim or right for damages or an extension of time that the prime contractor may otherwise possess or acquire as a result of delay, acceleration, disruption or an impact event that is unreasonable under the circumstances, that was not within the contemplation of the parties at the time the agreement was entered into, or for which the prime contractor is not responsible,  is against public policy and is void and unenforceable.  3. All notices required pursuant to NRS 624.609 to 624.622, inclusive, must be:  (a) Delivered personally, in which case the prime contractor shall obtain a notarized statement from the person who delivered the notice as proof of delivery;  (b) Sent by facsimile and delivered by regular mail, in which case the prime contractor shall retain proof of a successful transmission of the facsimile;  (c) Delivered by certified mail; or  (d) Delivered in the manner provided for in the agreement.  4. NRS 624.609 to 624.622, inclusive, do not apply to an agreement between:  (a) A prime contractor and a natural person who owns a single-family residence for the performance of qualified services with respect to the residence; or  (b) A public body and a prime contractor for the performance of work and labor on a public work.  5. Within 5 days after an owner receives a written request for the information set forth in paragraphs (a), (b) and (c) from a lower-tiered subcontractor, the owner shall notify the lower-tiered subcontractor in writing of the following:  (a) The date the owner made a specified payment to the prime contractor;  (b) Whether the owner has paid the entire amount of a specified payment to the prime contractor; and  (c) The amount withheld by the owner from a specified payment to the prime contractor and the condition or reason for the withholding.  (Added to NRS by 2001, 1620; A 2005, 1727)
NV Rev Stat § 624.630 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.630 - Accrual of interest on money due; rate of interest.

 Any money which is payable to a prime contractor, higher-tiered contractor or lower-tiered subcontractor pursuant to NRS 624.609, 624.610, 624.620, 624.624, 624.626 or 624.628 accrues interest from the time it becomes due at a rate equal to the higher of:  1. The rate agreed upon in the agreement between the parties; or  2. The rate equal to the prime rate at the largest bank in this State, as determined by the Commissioner of Financial Institutions on January 1 or July 1, as the case may be, immediately preceding:  (a) The time at which the agreement was signed; or  (b) If the agreement was oral, the time at which the terms of the agreement were agreed to by the parties,  plus 4 percent until the date of payment.  (Added to NRS by 1987, 557; A 2005, 1734)
NV Rev Stat § 624.700 (2021)
2021 Nevada Revised Statutes|Chapter 624 - Contractors|NRS 624.700 - Engaging in business or submitting bid without license unlawful; prosecution; damages; bid submitted in violation of section void.

  1. It is unlawful for any person or combination of persons to:  (a) Engage in the business or act in the capacity of a contractor within this State; or  (b) Submit a bid on a job situated within this State,  without having an active license therefor as provided in this chapter, unless that person or combination of persons is exempted from licensure pursuant to NRS 624.031.  2. The district attorneys in this State shall prosecute all violations of this section which occur in their respective counties, unless the violations are prosecuted by the Attorney General. Upon the request of the Board, the Attorney General shall prosecute any violation of this section in lieu of prosecution by the district attorney.  3. In addition to any other penalty imposed pursuant to this chapter, a person who is convicted of violating subsection 1 may be required to pay:  (a) Court costs and the costs of prosecution;  (b) Reasonable costs of the investigation of the violation to the Board;  (c) Damages the person caused as a result of the violation up to the amount of the person’s pecuniary gain from the violation; or  (d) Any combination of paragraphs (a), (b) and (c).  4. If a person submits a bid or enters into a contract in violation of subsection 1, the bid or contract shall be deemed void ab initio.  [1:Art. VII:186:1941; A 1953, 521] — (NRS A 1967, 1042; 1969, 939; 1987, 771; 1995, 927; 1999, 2957)