reglab/housing_qa huggingface dataset:
NV Rev Stat § 645G.565 (2021)
2021 Nevada Revised Statutes|Chapter 645G - Exchange Facilitators|NRS 645G.565 - Depositions; taking of evidence in another state; rights of party to hearing to request subpoenas.

  1. The Commissioner may, in any hearing before the Commissioner, cause the depositions of witnesses residing within or without the State to be taken in the manner prescribed by the Nevada Rules of Civil Procedure for like depositions in civil actions in the district courts of this State, and to that end may compel the attendance of witnesses and the production of books and papers.  2. The clerk of the district court in and for the county in which any hearing may be held by the Commissioner shall, upon the application of the Commissioner, issue commissions to other states for the taking of evidence therein for use in any proceedings before the Commissioner.  3. Any party to any hearing before the Commissioner shall have the right to the attendance of witnesses in his or her behalf at such hearing or upon deposition as set forth in this section upon making request therefor to the Commissioner and designating the name and address of the person or persons sought to be subpoenaed.  (Added to NRS by 2007, 3112)
NV Rev Stat § 645G.570 (2021)
2021 Nevada Revised Statutes|Chapter 645G - Exchange Facilitators|NRS 645G.570 - Decision of Commissioner on complaint: Rendition; notice; effective date; stay of decision.

  1. The Commissioner shall render an informal decision on any complaint within 15 days after the final hearing thereon and shall give notice in writing of the ruling or decision to the applicant or licensee affected thereby within 60 days after the final hearing thereon 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, the Commissioner 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 Commissioner may not be stayed by any appeal in accordance with the provisions of NRS 645G.575, unless the district court so orders upon motion of the licensee, 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 revocation or suspension of a license does not stay the order of the Commissioner unless the district or appellate court, in its discretion and upon petition of the licensee, after notice and hearing orders such stay, and upon the filing of a bond for costs in the amount of $1,000.  (Added to NRS by 2007, 3112)
NV Rev Stat § 645G.575 (2021)
2021 Nevada Revised Statutes|Chapter 645G - Exchange Facilitators|NRS 645G.575 - Decision of Commissioner in disciplinary action final when in favor of licensee; judicial review of decision against licensee.

  1. A ruling or decision of the Commissioner in any disciplinary action is final when in favor of the licensee.  2. If a ruling or decision is against the licensee, the licensee is entitled to judicial review of the ruling or decision in the manner provided by chapter 233B of NRS.  (Added to NRS by 2007, 3112)
NV Rev Stat § 645G.900 (2021)
2021 Nevada Revised Statutes|Chapter 645G - Exchange Facilitators|NRS 645G.900 - Prohibited acts; penalties; injunctive relief.

  1. Any person who is not licensed pursuant to this chapter who acts as an exchange facilitator in this State or holds himself or herself out as a licensee and any licensee who commits an act set forth in subsection 1 of NRS 645G.515 is:  (a) Guilty of a gross misdemeanor.  (b) Liable to the Division for a civil penalty of $200 per day for each day that the violation continues.  2. The Division may file an action for injunctive relief in the appropriate district court in this State to prevent the occurrence or continuance of that act.  (Added to NRS by 2007, 3113)
NV Rev Stat § 645H.010 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.010 - Definitions.

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 645H.020 to 645H.150, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2011, 2818)
NV Rev Stat § 645H.020 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.020 - "Administrator" defined.

Administrator means the Real Estate Administrator.  (Added to NRS by 2011, 2818)
NV Rev Stat § 645H.030 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.030 - "Asset management" defined.

Asset management means to manage, oversee or direct actions taken to maintain any real property, including, without limitation, any actions taken to preserve, restore or improve the value and to lessen the risk of damage to the property on behalf of a client before a foreclosure sale or in preparation for liquidation of real property owned by the client pursuant to a foreclosure sale.  (Added to NRS by 2011, 2818)
NV Rev Stat § 645H.040 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.040 - "Asset management company" defined. [Effective through December 31, 2019.]

Asset management company means a person, limited-liability company, partnership, association or corporation which, for compensation and pursuant to a contractual agreement, power of attorney or other legal authorization, engages in asset management on behalf of:  1. A bank, mortgage broker, mortgage banker, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof which is authorized to transact business in this State;  2. A mortgage holding entity chartered by Congress; or  3. A federal, state or local governmental entity.  (Added to NRS by 2011, 2818; A 2015, 2809)
NV Rev Stat § 645H.040 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.040 - "Asset management company" defined. [Effective January 1, 2020.]

Asset management company means a person, limited-liability company, partnership, association or corporation which, for compensation and pursuant to a contractual agreement, power of attorney or other legal authorization, engages in asset management on behalf of:  1. A bank, mortgage company, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof which is authorized to transact business in this State;  2. A mortgage holding entity chartered by Congress; or  3. A federal, state or local governmental entity.  (Added to NRS by 2011, 2818; A 2015, 2809; 2017, 3083, effective January 1, 2020)
NV Rev Stat § 645H.050 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.050 - "Asset manager" defined.

Asset manager means a person engaged in the business of asset management who is an employee or independent contractor of a registered asset management company.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.060 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.060 - "Client" defined. [Effective through December 31, 2019.]

Client means:  1. A bank, mortgage broker, mortgage banker, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof that is authorized to transact business in this State;  2. A mortgage holding entity chartered by Congress; or  3. A federal, state or local governmental entity,  for whom an asset management company provides asset management.  (Added to NRS by 2011, 2819; A 2015, 2810)
NV Rev Stat § 645H.060 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.060 - "Client" defined. [Effective January 1, 2020.]

Client means:  1. A bank, mortgage company, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof that is authorized to transact business in this State;  2. A mortgage holding entity chartered by Congress; or  3. A federal, state or local governmental entity,  for whom an asset management company provides asset management.  (Added to NRS by 2011, 2819; A 2015, 2810; 2017, 3083, effective January 1, 2020)
NV Rev Stat § 645H.070 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.070 - "Division" defined.

Division means the Real Estate Division of the Department of Business and Industry.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.080 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.080 - "Foreclosure sale" defined.

Foreclosure sale means a sale of real property to enforce an obligation secured by a mortgage or lien on the property, including, without limitation, the exercise of a trustee’s power of sale pursuant to NRS 107.080.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.090 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.090 - "Homeowner" defined.

Homeowner means the owner of record of a residence, including, without limitation, the owner of record of a residence in foreclosure at the time the notice of the pendency of an action for foreclosure is recorded pursuant to NRS 14.010 or the notice of default and election to sell is recorded pursuant to NRS 107.080.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.100 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.100 - "Mortgage banker" defined. [Effective through December 31, 2019.]

Mortgage banker has the meaning ascribed to it in NRS 645E.100.  (Added to NRS by 2011, 2819; R 2017, 3106, effective January 1, 2020)
NV Rev Stat § 645H.110 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.110 - "Mortgage broker" defined. [Effective through December 31, 2019.]

Mortgage broker has the meaning ascribed to it in NRS 645B.0127.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.110 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.110 - "Mortgage company" defined. [Effective January 1, 2020.]

Mortgage company has the meaning ascribed to it in NRS 645B.0127.  (Added to NRS by 2011, 2819; A 2017, 3083, effective January 1, 2020)
NV Rev Stat § 645H.120 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.120 - "Real property in foreclosure" defined.

Real property in foreclosure includes, without limitation, a residence in foreclosure or commercial real property against which there is an outstanding notice of the pendency of an action for foreclosure recorded pursuant to NRS 14.010 or notice of default and election to sell recorded pursuant to NRS 107.080.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.130 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.130 - "Real property owner" defined.

Real property owner means the owner of record of real property, including, without limitation, a homeowner or an owner of real property in foreclosure.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.140 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.140 - "Residence in foreclosure" defined.

Residence in foreclosure means any residential real property consisting of:  1. Not more than four family dwelling units, one of which the homeowner or a tenant of the homeowner occupies as his or her principal place of residence; or  2. A single-family residential unit, including, without limitation, a condominium, townhouse or home within a subdivision, if the unit is sold, leased or otherwise conveyed unit by unit, regardless of whether the unit is part of a larger building or parcel that consists of more than four units,  against which there is an outstanding notice of the pendency of an action for foreclosure recorded pursuant to NRS 14.010 or notice of default and election to sell recorded pursuant to NRS 107.080.  (Added to NRS by 2011, 2819)
NV Rev Stat § 645H.150 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.150 - "Service report" defined.

Service report means a written report on a form prescribed by the Division which is provided by an asset management company or asset manager and which lists the specific services performed on real property for a client.  (Added to NRS by 2011, 2820)
NV Rev Stat § 645H.160 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.160 - Applicability of chapter. [Effective through December 31, 2019.]

  1. The provisions of this chapter which require a certificate of registration or permit do not apply to a person or broker who has a current permit to engage in property management pursuant to chapter 645 of NRS.  2. A person or broker who has a permit to engage in property management pursuant to chapter 645 of NRS may engage in the business of asset management if the provision of asset management services is included in the property management agreement entered into pursuant to NRS 645.6056.  3. Except as otherwise provided in subsection 1, a person or broker who engages in the business of asset management must comply with the provisions of this chapter and the recordkeeping requirements of chapter 645 of NRS.  4. The provisions of this chapter do not apply to:  (a) A person who is a regular, full-time employee of a bank, mortgage broker, mortgage banker, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof.  (b) A person who takes possession of property from a defendant in connection with a judicial proceeding for eminent domain brought pursuant to chapter 37 of NRS.  (Added to NRS by 2011, 2820; A 2015, 2810)
NV Rev Stat § 645H.160 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.160 - Applicability of chapter. [Effective January 1, 2020.]

  1. The provisions of this chapter which require a certificate of registration or permit do not apply to a person or broker who has a current permit to engage in property management pursuant to chapter 645 of NRS.  2. A person or broker who has a permit to engage in property management pursuant to chapter 645 of NRS may engage in the business of asset management if the provision of asset management services is included in the property management agreement entered into pursuant to NRS 645.6056.  3. Except as otherwise provided in subsection 1, a person or broker who engages in the business of asset management must comply with the provisions of this chapter and the recordkeeping requirements of chapter 645 of NRS.  4. The provisions of this chapter do not apply to:  (a) A person who is a regular, full-time employee of a bank, mortgage company, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof.  (b) A person who takes possession of property from a defendant in connection with a judicial proceeding for eminent domain brought pursuant to chapter 37 of NRS.  (Added to NRS by 2011, 2820; A 2015, 2810; 2017, 3083, effective January 1, 2020)
NV Rev Stat § 645H.280 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.280 - Duties of Division; restrictions on employees of Division.

  1. The Division shall administer the provisions of this chapter and may employ legal counsel, investigators and other professional consultants necessary to discharge its duties pursuant to this chapter.  2. An employee of the Division must not be employed by or have an interest in any business that manages residences in foreclosure or other assets.  3. An employee of the Division shall not act as an asset manager or as an agent for an asset management company.  (Added to NRS by 2011, 2820)
NV Rev Stat § 645H.290 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.290 - Adoption of regulations.

The Division shall adopt:  1. Regulations prescribing a standard of practice and code of ethics for registered asset management companies. The regulations must include, without limitation, provisions establishing the degree of care that must be exercised by a reasonably prudent registered asset management company.  2. Such other regulations as are necessary for the administration of this chapter.  (Added to NRS by 2011, 2820)
NV Rev Stat § 645H.300 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.300 - 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, provisions establishing fees to pay the costs of conducting business electronically with the Division.  2. In addition to the provisions of NRS 719.280, if the Division conducts 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 to satisfy the legal requirement.  3. The Division may refuse to conduct business electronically with a person who has failed to pay any money which the person owes to the Division.  (Added to NRS by 2011, 2820)
NV Rev Stat § 645H.310 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.310 - Inspection of certain documents by Division; regulations.

  1. The Division may inspect any service report, contractual agreement, power of attorney or other legal authorization entered into by an asset management company and a client to ensure compliance with the provisions of this chapter.  2. The Division shall adopt regulations pertaining to those inspections.  (Added to NRS by 2011, 2821)
NV Rev Stat § 645H.320 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.320 - Records: Maintenance by Division; general provisions governing public inspection and confidentiality.

  1. The Division shall maintain a record of:  (a) Persons whose applications for registration have been denied;  (b) Formal disciplinary proceedings and any investigations conducted by the Division which result in the initiation of those proceedings; and  (c) Rulings or decisions upon complaints filed with the Division.  2. Except as otherwise provided in this section and NRS 645H.330, records kept in the office of the Division pursuant to this chapter are open to the public for inspection pursuant to regulations adopted by the Division. Except as otherwise provided in NRS 239.0115, the Division may keep confidential, unless otherwise ordered by a court any criminal and financial records of an asset management company or applicant for a certificate of registration.  (Added to NRS by 2011, 2821)
NV Rev Stat § 645H.330 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.330 - Records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

  1. Except as otherwise provided in this section and NRS 645H.320, a complaint filed with the Division, all documents and other information filed with the Division relating to the complaint and all documents and other information compiled as a result of an investigation conducted to determine whether to initiate disciplinary action are confidential and may be disclosed in whole or in part only as necessary in the course of administering this chapter or to a licensing board or agency or any other governmental agency, including, without limitation, a law enforcement entity, that is investigating a person who holds a certificate of registration or permit issued pursuant to this chapter.  2. The complaint or other document filed by the Division to initiate disciplinary action and all documents and information considered by the Division when determining whether to impose discipline are public records.  (Added to NRS by 2011, 2822)
NV Rev Stat § 645H.350 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.350 - Deposit of fees and administrative fines; financial support of Division.

  1. All fees and administrative fines received by the Division pursuant to this chapter must be deposited with the State Treasurer for credit to the State General Fund.  2. Money for the support of the Division in carrying out the provisions of this chapter must be provided by direct legislative appropriation and be paid out on claims as other claims against the State are paid.  (Added to NRS by 2011, 2822)
NV Rev Stat § 645H.360 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.360 - Disposition of money collected.

If the Division imposes an administrative fine or collects a fee for registering an asset management company or issuing or renewing a permit to an asset manager, the Division shall deposit the amount collected with the State Treasurer for credit to the State General Fund. The Division may present a claim to the State Board of Examiners for recommendation to the Interim Finance Committee if money is needed to pay an attorney’s fee or the cost of an investigation, or both.  (Added to NRS by 2011, 2822)
NV Rev Stat § 645H.370 (2021)
2021 Nevada Revised Statutes|Chapter 645H - Asset Management Companies and Asset Managers|NRS 645H.370 - Duties of Attorney General.

  1. The Attorney General shall render to the Division opinions upon questions of law relating to the construction or interpretation of this chapter, or arising in the administration thereof, submitted to the Attorney General by the Division.  2. The Attorney General shall act as the attorney for the Division in all actions and proceedings brought against or by the Division pursuant to any of the provisions of this chapter subject to the provisions of NRS 622A.200 and 622A.210.  (Added to NRS by 2011, 2822; A 2017, 2851)