reglab/housing_qa huggingface dataset:
NV Rev Stat § 119.125 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.125 - Exemptions: Time shares; memberships in campgrounds.

  1. Any time-share project, person or subdivision which is subject to the requirements of this chapter for licensing and which complies with the provisions of chapter 119A of NRS is not required to comply with the provisions of this chapter.  2. Any campground or developer which 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.  (Added to NRS by 1983, 996; A 1985, 1671)
NV Rev Stat § 119.128 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.128 - Exemptions: Limitation.

An exemption pursuant to this chapter is not an exemption from the provisions of NRS 278.010 to 278.630, inclusive.  (Added to NRS by 1983, 414; A 2013, 3213; 2015, 318; 2017, 2049)
NV Rev Stat § 119.130 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.130 - License: Requirement; appointment of Secretary of State as agent for service of process; procedure for service of process.

  1. No subdivision or lot, parcel, unit or interest in any subdivision may in any way be offered or sold in this state by any person until:  (a) The person has appointed in writing the Secretary of State to be his or her agent, upon whom all process, in any action or proceeding against the person, may be served, and in this writing the person agrees that any process against him or her which is served on the Secretary of State is of the same legal validity as if served on the person and that the appointment continues in force as long as any liability remains outstanding against the person in this state. The written appointment must be acknowledged before a notary public and must be filed in the Office of the Secretary of State with a fee of $10 for accepting and transmitting any legal process served on the Secretary of State. Copies certified by the Secretary of State are sufficient evidence of the appointment and agreement.  (b) The person has received a license under NRS 119.160.  2. Service of process authorized by paragraph (a) of subsection 1 must be made by filing with the Secretary of State:  (a) Two copies of the legal process. The copies must include a specific citation to the provisions of this section. The Secretary of State may refuse to accept such service if the proper citation is not included in each copy.  (b) A fee of $10.  The Secretary of State shall forthwith forward one copy of the legal process to the licensee, by registered or certified mail prepaid to the licensee.  (Added to NRS by 1971, 1405; A 1983, 412; 1985, 1408; 1997, 475)
NV Rev Stat § 119.150 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.150 - License: Investigation.

  1. The Division shall, before issuing any license pursuant to the provisions of this chapter to any person, fully investigate all information placed before it as is required pursuant to this chapter and, if in the judgment of the Division it is necessary, inspect the property which is the subject of the application. All reasonable expenses incurred by the Division in carrying out the investigation or inspection must be paid by the applicant and no license may be issued until those expenses have been fully paid.  2. Payments received by the Division pursuant to this section must be deposited in the State Treasury for Credit to the Real Estate Investigative Account, which is hereby created in the State General Fund. The Administrator shall use this Account to pay the expenses of agents and employees of the Division in making an investigation pursuant to this section. The Administrator may advance money for those expenses when appropriate.  3. Each expenditure from the Investigative Account must be paid as other claims against the State are paid.  (Added to NRS by 1971, 1406; A 1973, 1754; 1979, 100; 1991, 1752)
NV Rev Stat § 119.163 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.163 - License: Creation and maintenance of website through which licenses may be renewed; fees.

The Division may:  1. Create and maintain a secure website on the Internet through which each registered representative’s license issued pursuant to the provisions of this chapter may be renewed; and  2. For each registered representative’s license renewed through the use of a website created and maintained pursuant to subsection 1, charge a fee in addition to any other fee provided for pursuant to this chapter which must not exceed the actual cost to the Division for providing that service.  (Added to NRS by 2007, 586)
NV Rev Stat § 119.165 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.165 - Renewal of permit; creation and maintenance of website; fees.

  1. A developer’s permit must be renewed annually by the developer by filing an application with and paying the fee for renewal to the Administrator. The application must be filed and the fee paid not later than 30 days before the date on which the permit expires. The application must include any change that has occurred in the information previously provided to the Administrator or in a property report provided to a prospective purchaser pursuant to the provisions of NRS 119.182.  2. The renewal is effective on the 30th day after the filing of the application unless the Administrator:  (a) Denies the renewal pursuant to NRS 119.325 or for any other reason; or  (b) Approves the renewal on an earlier date.  3. The Division may:  (a) Create and maintain a secure website on the Internet through which each developer’s permit issued pursuant to the provisions of this chapter may be renewed; and  (b) For each developer’s permit renewed through the use of a website created and maintained pursuant to paragraph (a), charge a fee in addition to any other fee provided for pursuant to this chapter which must not exceed the actual cost to the Division for providing that service.  (Added to NRS by 1987, 1075; A 2001, 528; 2007, 586)
NV Rev Stat § 119.167 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.167 - Requirement to notify Division in writing of certain convictions.

  1. A developer or registered representative shall notify the Division in writing if he or she is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo contendere to, a felony or any offense involving moral turpitude.  2. A developer or registered representative shall submit the notification required by subsection 1:  (a) Not more than 10 days after the conviction or entry of the plea of guilty, guilty but mentally ill or nolo contendere; and  (b) When submitting an application to renew a license, permit or registration issued pursuant to this chapter.  (Added to NRS by 2007, 1547)
NV Rev Stat § 119.170 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.170 - Sales: Reference to Division or employees prohibited.

No person, broker, salesperson or registered representative shall in any manner refer to the Division or to any member or employee thereof in offering or selling in this state any subdivision lot, parcel or unit in a subdivision nor make any representation whatsoever that such property has been inspected or approved or otherwise passed upon by the Division or any official, department or employee of this state.  (Added to NRS by 1971, 1407)
NV Rev Stat § 119.175 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.175 - Responsibility of developer for acts of others.

The developer is responsible for the acts of each broker, salesperson, registered representative and any other person the developer employs or engages to represent him or her which are performed within the scope of such employment or engagement.  (Added to NRS by 1973, 1759)
NV Rev Stat § 119.180 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.180 - Sales: Approval of plan and methods required; application by broker and salesperson.

No subdivision or lot, parcel or unit in any subdivision may be sold:  1. Until the Division has approved a written plan or the methods proposed to be employed for the procurement of prospective purchasers, the sale to purchasers and the retention of purchasers after sale. The plan or methods must describe with particularity:  (a) The form and content of advertising to be used;  (b) The nature of the offer of gifts or other free benefits to be extended;  (c) The nature of promotional meetings involving any person or act described in this subsection;  (d) The contracts, agreements and other papers to be employed in the sale of the property; and  (e) Such other reasonable details as the Division requires.  The written plan, or the methods proposed, may be filed as a part of the application under NRS 119.140.  2. Except through a broker, and before any offering or disposition, pursuant to any license granted under this chapter, the name of the broker must be placed on file with the Division. Only that broker or his or her real estate salesperson may offer or sell the subdivided property or any interest therein. Before a salesperson offers or sells any property or interest, the salesperson’s name must be placed on file with the Division. The broker and salesperson, if any, shall:  (a) Complete an application in such a form and containing such reasonable information as the Division requires.  (b) Pay the fees prescribed in this chapter.  A broker and a salesperson may represent one or more developers only after completing an application with respect to each developer in such a form and containing such reasonable information as the Division requires and paying the fees prescribed in this chapter.  (Added to NRS by 1971, 1407; A 1973, 1756; 1977, 59; 1983, 274, 412; 1985, 1408; 1987, 786)
NV Rev Stat § 119.181 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.181 - Sales: Activities of registered representatives; application by registered representative.

  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.  (Added to NRS by 1983, 276)
NV Rev Stat § 119.182 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.182 - Sales: Review of information by broker or salesperson; rescission by purchaser.

  1. The information submitted pursuant to NRS 119.140 must be given to and reviewed with each purchaser by the broker or salesperson before the execution of any contract for the sale of any such property. The broker shall obtain from the purchaser a signed receipt for a copy of the information and, if a contract for disposition is entered into, the receipt and a copy of all contracts and agreements must be kept in the broker’s files within the State of Nevada for 3 years or 1 year after final payment has been made on any contract for the sale of property, whichever is longer, and is subject to such inspection and audit as may be prescribed by regulations of the Division.  2. The purchaser of any subdivision or any lot, parcel, unit or interest in any subdivision, not exempted under the provisions of NRS 119.120 or 119.122 may cancel, by written notice, the contract of sale until midnight of the fifth calendar day following the date of execution of the contract, and the contract must so provide. The right of cancellation may not be waived. Any attempt by the developer to obtain such a waiver results in a contract which is voidable by the purchaser.  3. The notice of cancellation may be delivered personally to the developer or sent by certified mail, return receipt requested, to the business address of the developer.  4. The developer shall, within 15 days after receipt of the notice of cancellation, return all payments made by the purchaser.  (Added to NRS by 1983, 277; A 1983, 414; 1987, 301; 2003, 983; 2007, 1548)
NV Rev Stat § 119.183 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.183 - Sales: Disclosure to purchaser concerning public services and utilities.

Each seller of more than one lot created by a map of division into large parcels must, before the intending purchaser signs any binding agreement, disclose to the intending purchaser in writing by a separate document signed by the intending purchaser that the city, county, school district and special districts are not obligated to furnish any service, specifically mentioning fire protection and roads, to the land so divided, and that any public utility may be similarly free of obligation.  (Added to NRS by 1979, 1507)
NV Rev Stat § 119.1835 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.1835 - Sales: Disclosure to purchaser of location of rights-of-way and easements for electrical transmission lines.

It is unlawful for a developer to sell any lot, parcel, unit or interest in a subdivision without disclosing to the purchaser in writing, before the purchaser signs any binding agreement, the location in the subdivision, and on all land contiguous thereto, of all rights-of-way and easements for transmission lines of public utilities that supply electricity if the developer knows or reasonably should know the locations of such rights-of-way and easements.  (Added to NRS by 1997, 1964)
NV Rev Stat § 119.1837 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.1837 - Sales: Developer must comply with certain provisions governing public offering statements for common-interest community containing converted building.

It is unlawful for a developer to sell any lot, parcel, unit or interest in a subdivision without complying with the provisions of NRS 116.4106, if applicable.  (Added to NRS by 2005, 2622)
NV Rev Stat § 119.184 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.184 - Sales: Approval of advertising and offering.

  1. A subdivision consisting of land situated in the State of Nevada or another state must not be advertised or offered for sale within the State of Nevada until the advertising and offering is approved by the Division. Each advertisement must contain the processing number assigned by the Division.  2. Each application for approval of advertising must be accompanied by:  (a) A filing fee based on a schedule of fees established by the Division; and  (b) Fees for inspecting the advertising and the property in amounts established by the Division.  3. The Division shall render a decision upon an application for approval of an advertising or offering within 30 days from the date the application is filed.  4. The Division shall adopt regulations to accomplish the purpose of this section.  (Added to NRS by 1983, 278; A 1993, 2294; 2003, 1305)
NV Rev Stat § 119.185 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.185 - Qualifications of registered representatives.

  1. Registered representative permits shall be granted only to persons who:  (a) Bear a good reputation for honesty, truthfulness and fair dealing;  (b) Are of good moral character;  (c) Are competent to transact the business of a registered representative in such a manner as to safeguard the interests of the public; and  (d) Meet such other reasonable requirements as the Division may promulgate.  2. The Division shall establish rules and regulations to carry out the provisions of this section.  (Added to NRS by 1973, 1759)
NV Rev Stat § 119.190 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.190 - Additional penalty for violations.

In addition to any other penalty imposed by this chapter, the Division:  1. Shall suspend or revoke the license or registration of a broker, real estate salesperson or registered representative who violates any provision of this chapter for such time as in the circumstances it considers justified.  2. May deny the renewal of the license or registration of a broker, real estate salesperson or registered representative who violates any provision of this chapter.  (Added to NRS by 1971, 1408; A 1995, 376; 2001, 529)
NV Rev Stat § 119.200 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.200 - Participation by officers and employees of Division prohibited.

No officer or employee of the Division or any association, firm or corporation with which an officer or employee is associated shall act as a broker of a subdivision, lot, parcel, unit or interest therein or offer or dispose of a subdivision, lot, parcel, unit or interest therein required to be approved pursuant to NRS 119.140.  (Added to NRS by 1971, 1408)
NV Rev Stat § 119.210 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.210 - News media not liable for publication or content of advertisements.

The owner, publisher, licensee or operator of any newspaper, magazine, television or radio broadcasting station or network of stations or the agents or employees of any such owner, publisher, licensee or operator of such a newspaper, magazine, station or network of stations shall not be liable under this chapter for any advertising of any subdivision, lot, parcel or unit in any subdivision carried in any such newspaper or magazine or by any such television or radio broadcasting station or network of stations nor shall any of them be liable under this chapter for the contents of any such advertisement.  (Added to NRS by 1971, 1409)
NV Rev Stat § 119.220 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.220 - Action by purchaser or Administrator for misrepresentation or other violation.

  1. Where any part of the statement of record, when that part became effective, 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 lot in the subdivision covered by the statement of record from the developer or his or her agent during the period the 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 or leases a lot in a subdivision:  (a) In violation of this chapter; or  (b) By means of a property report which contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein,  may be sued by the Administrator or purchaser of the lot.  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 lot and the reasonable cost of any improvements thereto, and the lesser of:  (a) The value thereof as of the time the suit was brought;  (b) The price at which the lot has been disposed of in a bona fide market transaction before suit; or  (c) The price at which the lot 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 an interest in a subdivision or the right of the State to punish any person for any violation of any law.  (Added to NRS by 1971, 1409; A 1973, 1758; 1987, 1076)
NV Rev Stat § 119.230 (2021)
2021 Nevada Revised Statutes|Chapter 119 - Sale of Subdivided Land: Licensing and Regulation|NRS 119.230 - Sale under blanket encumbrance unlawful; exceptions.

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.  (Added to NRS by 1971, 1409)