reglab/statecodes huggingface dataset:
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › ASSISTANCE FOR LOW-INCOME OWNERS OF MANUFACTURED HOMES › Section 118B.410 - Amount of assistance: Reduction in amount when money in Fund is insufficient

Current through June 11, 2024
1. If the money in
			 the Account is not sufficient to make all of the monthly payments of assistance
			 which have been approved by the Administrator or his or her designee, the
			 Administrator or his or her designee may reduce the amount of assistance
			 distributed to each recipient so that the Division may provide assistance to
			 any or all of those on the list of persons who are eligible to receive
			 assistance from the Account but who do not receive assistance because the
			 amount of money in the Account is insufficient to provide assistance to those
			 persons. Each recipient will receive an equal percentage of his or her base
			 rent, not to exceed an amount that the Administrator or his or her designee
			 will determine.
2. As used in this
			 section, the term "base rent" means the amount of money a tenant pays for the
			 rental of a manufactured home lot, not including any separate charges for
			 utilities or any additional services provided.
Added to NAC by Mfd.
				Housing Div., eff. 12-27-93; A 5-8-95; R213-03, 3-29-2004; A by
				R110-22A,
				eff. 12/4/2023
NRS 118B.024,
				  118B.215
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › ASSISTANCE FOR LOW-INCOME OWNERS OF MANUFACTURED HOMES › Section 118B.420 - Annual requalification form of recipient

Current through June 11, 2024
1.
			 Each recipient shall submit to the Division a requalification form prescribed
			 by the Division not later than March 1 of each year.
2. The Division will make the form available
			 to each recipient not later than January 31 of each year.
3. A recipient who submits an annual
			 requalification form which the Division receives after March 1 is not entitled
			 to receive assistance from the Account unless the recipient submits a new
			 application for assistance to the Division and the Administrator or his or her
			 designee approves the application. A person who submits a new application
			 pursuant to this subsection is entitled to receive assistance subject to the
			 provisions of NAC
			 118B.400 and
			 118B.410.
4. Each requalification form must include a
			 statement signed by the recipient under penalty of perjury that he or she has
			 read and understood the provisions of
			 NRS
			 118B.251 and section 3.
Added to NAC by Mfd.
				Housing Div., eff. 12-27-93; A by R213-03, 3-29-2004; R127-08, 12-17-2008; A by
				R003-22A,
				eff. 12/4/2023; A by
				R110-22A,
				eff. 12/4/2023
NRS 118B.024,
				  118B.215
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › ASSISTANCE FOR LOW-INCOME OWNERS OF MANUFACTURED HOMES › Section 118B.430 - Annual recertification form of manager or owner of manufactured home park

Current through June 11, 2024
1. Each manager or
			 owner of a manufactured home park shall submit to the Division a
			 recertification form prescribed by the Division not later than March 1 of each
			 year.
2. The Division will make the
			 form available to each manager or owner not later than February 1 of each
			 year.
3. Each form must be signed
			 by the manager or owner and include a statement that the manager or owner who
			 signed the form has read and understood the provisions of
			 NRS
			 118B.251.
Added to NAC by Mfd.
				Housing Div., eff. 12-27-93; A by R213-03, 3-29-2004; R127-08, 12-17-2008; A by
				R110-22A,
				eff. 12/4/2023
NRS 118B.024,
				  118B.215
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › ASSISTANCE FOR LOW-INCOME OWNERS OF MANUFACTURED HOMES › Section 118B.440 - Proof of ownership of manufactured home

Current through June 11, 2024
The Division will accept as proof of ownership of a
				manufactured home a copy of:
1. The
			 original certificate of ownership;
2. The installment contract for the purchase
			 of the manufactured home; or
3. The
			 title search of the manufactured home issued by the Division.
Added to NAC by Mfd.
				Housing Div., eff. 12-27-93
NRS
				  118B.024,
				  118B.215
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › ASSISTANCE FOR LOW-INCOME OWNERS OF MANUFACTURED HOMES › Section 118B.450 - Owner to furnish information for direct deposits

Current through June 11, 2024
The owner of each manufactured home park shall furnish to the
				Division any information necessary for the State Controller to make direct
				deposits of money pursuant to NAC 118B.400.
Added to NAC by Mfd.
				Housing Div., eff. 12-27-93
NRS
				  118B.024,
				  118B.215
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.500 - "Amenity" and "services" interpreted

Current through June 11, 2024
As used in
				NRS
				118B.153, the Division will interpret the
				term:
1. "Amenity" to include, without
			 limitation, a gated community, pool, spa, clubhouse or recreational
			 facility.
2. "Service" to include,
			 without limitation, an on-site manager, security guard or security
			 patrol.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.153
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.510 - "Common areas" interpreted

Current through June 11, 2024
1. Except as
			 otherwise provided in subsection 2, as used in
			 NRS
			 118B.090, the Division will interpret the
			 term "common areas" to include, without limitation, any aboveground or
			 underground electrical, plumbing and sanitary service apparatus located on each
			 manufactured home lot, up to the disconnection point, which is not an
			 appurtenance of the manufactured home.
2. The term will be interpreted not to
			 include any such apparatus that has been damaged by the tenant of the
			 manufactured home lot.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.090
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.520 - Acceptance of applicant or approval of prospective tenant

Current through June 11, 2024
A landlord shall use the same criteria in deciding whether to
				accept an applicant or approve a prospective tenant whether the applicant or
				prospective tenant is purchasing a manufactured home from a:
1. Licensed dealer;
2. Private party; or
3. Manufactured home park.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.530 - Receipt of payment of rent from tenant; requirements; contents

Current through June 11, 2024
1. The receipt that a landlord who receives a
			 payment of periodic rent from a tenant of a manufactured home park is required
			 by
			 NRS
			 118B.073 to issue to the tenant:
(a) May be printed or handwritten;
			 and
(b) In addition to the
			 information required by
			 NRS
			 118B.073, must include any balance remaining
			 unpaid.
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.540 - Report on quality of water; posting and notice requirements

Current through June 11, 2024
1. The current report on the quality of the
			 water that is supplied to a manufactured home park that a landlord is required
			 by
			 NRS
			 118B.077 to post in the park must, in
			 addition to the requirements of
			 NRS
			 118B.077, be posted in a location that is
			 protected from the elements.
2. If
			 the park has no location for posting the report that satisfies the requirements
			 of this section and
			 NRS
			 118B.077, the landlord shall send a copy of
			 the report by United States mail, postage prepaid, to the mailing address of
			 each tenant of the park.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.077
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.550 - Changes to certain information regarding owner and manager or assistant manager of park and agent for service of process; notice requirements

Current through June 11, 2024
If there is any change in the information that a landlord is
				required by
				NRS
				118B.080 to disclose in writing to each
				tenant of a manufactured home park, the landlord shall disclose the change in
				writing to each tenant of the park not later than 30 days after the change
				takes place.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.080
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.560 - Changes in contact information for third party contracted for emergency repairs; notice requirements

Current through June 11, 2024
If there is any change in the name or telephone number of the
				third party with whom the manager of a manufactured home park contracts
				pursuant to
				NRS
				118B.095 to provide emergency repairs for
				tenants of the park, the manager shall, not later than 24 hours after the
				change:
1. Provide notice of the
			 change to each tenant of the park;
2. Post notice of the change in a conspicuous
			 place in a common area of the park;
3. Provide notice of the change to the
			 telephone answering service of the park, if any; and
4. Record the change on the answering machine
			 of the park, if any.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.095
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.570 - Minor repairs, replacements and cosmetic changes; who may perform

Current through June 11, 2024
1. Minor repairs, replacements and cosmetic
			 changes to a manufactured home that are not required by law to be performed
			 only by a person who is properly licensed pursuant to chapter 489 of NRS may be
			 performed by the owner of the manufactured home or any person qualified to make
			 such repairs, replacements and changes.
2. As used in this section, "minor repairs,
			 replacements and cosmetic changes" includes, without limitation, the changing
			 of faucets or other plumbing fixtures, light fixtures, switches, smoke alarms
			 and other items not requiring a permit or inspection.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.580 - Exterior improvements; written approval required

Current through June 11, 2024
A tenant of a manufactured home park must secure the written
				approval of the landlord or manager of the park before making any exterior
				improvement to his or her manufactured home or the lot on which it is located
				that requires approval pursuant to the tenant's lease or rental agreement or
				the rules or regulations of the park, regardless of whether a permit is
				required for the improvement.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.590 - Prohibited practices by landlord: Guests and tenants

Current through June 11, 2024
A landlord shall not require a tenant to revise the terms of
				the tenant's lease or rental agreement based on:
1. A guest who stays with the tenant for not
			 more than a total of 60 days in a calendar year; or
2. The tenant allowing a person to live with
			 him or her who is not listed on the lease or rental agreement, so long as the
			 tenant is authorized by the provisions of paragraph (i) of subsection 1 of
			 NRS
			 118B.150 to allow the person to live with him
			 or her without paying an additional charge or fee.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024
Nevada Administrative Code › Chapter 118B - LANDLORD AND TENANT: MANUFACTURED HOME PARKS › RIGHTS AND OBLIGATIONS OF LANDLORDS AND TENANTS › Section 118B.600 - Resident impact statement: Form

Current through June 11, 2024
The resident impact statement that a landlord who begins the
				process of closing or converting a manufactured home park is required by
				NRS
				118B.184 to submit to the appropriate local
				zoning board, planning commission or governing body must be made on a form
				prescribed by the Division.
Added to NAC by Mfd.
				Housing Div. by R127-08, eff. 12-17-2008
NRS
				  118B.024,
				  118B.184
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.010 - Definitions

Current through June 11, 2024
As used in this chapter, unless the context otherwise requires, the words and terms defined in chapter 119 of NRS and NAC 119.015 to 119.085, inclusive, have the meanings ascribed to them in that chapter and those sections.
Dep't of Commerce, Real Estate Div., § 1, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.015 - "Advertising" defined

Current through June 11, 2024
"Advertising" means published material which:
1. Offers for sale any subdivision or lot, parcel, unit or interest in any subdivision;
2. Causes or induces, directly or indirectly, any person to acquire any interest in a subdivision or lot, parcel, unit or interest in any subdivision;
3. Is used to induce prospective purchasers to attend property sales presentations; or
4. Is used substantially for the retention of purchasers after sale.
Dep't of Commerce, Real Estate Div., § 2, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.020 - "Broker of record" defined

Current through June 11, 2024
"Broker of record" means a real estate broker licensed under chapter 645 of NRS who is appointed by a developer to fulfill the requirements of NRS 119.180.
Dep't of Commerce, Real Estate Div., § 3, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.025 - "Common promotional plan" defined

Current through June 11, 2024
"Common promotional plan" means any offering, sale or lease of subdivided land by a developer, or a group of developers acting in concert, and the land is contiguous or is known, designated or advertised as a common unit or development or by a common name.
Dep't of Commerce, Real Estate Div., § 4, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.030 - "Nevada statement of record" defined

Current through June 11, 2024
"Nevada statement of record" means the application which a developer must file with the Division pursuant to NRS 119.140.
Dep't of Commerce, Real Estate Div., § 5, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.035 - "Off-premises contact" defined

Current through June 11, 2024
"Off-premises contact" or "OPC" means a solicitation made from a location other than a developer's or real estate licensee's regular place of business, including a location from which telephone solicitations are made, to induce persons to attend a sales presentation for a subdivision.
Dep't of Commerce, Real Estate Div., § 6, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.040 - "Promotional meeting" defined

Current through June 11, 2024
"Promotional meeting" means any sales presentation given to any number of potential purchasers at one time at any location.
Dep't of Commerce, Real Estate Div., § 7, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.045 - "Property report" defined

Current through June 11, 2024
"Property report" means the public report issued by the Division pursuant to subsection 1 of NRS 119.160.
Dep't of Commerce, Real Estate Div., § 8, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.050 - "Published material" defined

Current through June 11, 2024
"Published material" means anything published in any medium by any person subject to chapter 119 of NRS or these regulations, including:
1. Any newspaper or periodical, except a press release which does not include any statement about the sales volume of the subdivision, the financial strength of the developer or the nature of the subdivision or any investment potential therein;
2. Any radio, television, telephonic or other electronic broadcast or display;
3. Written, printed, photographic or artistic matter, including any pictorial display or statement visible to prospective purchasers attending a promotional meeting;
4. Vacation or other gift certificates; and
5. Oral statements made by a developer or a representative thereof at any promotional meeting.
Dep't of Commerce, Real Estate Div., § 9, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.055 - "Registered representative" defined

Current through June 11, 2024
"Registered representative" means any person who is employed or engaged by a developer to induce or solicit persons to attend an offer or sale of subdivision property and to distribute information approved by the Division.
Dep't of Commerce, Real Estate Div., § 10, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.060 - "Respondent" defined

Current through June 11, 2024
"Respondent" means any person against whom a complaint is initiated by the Division or any other person.
Dep't of Commerce, Real Estate Div., § 11, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.065 - "Salesperson" defined

Current through June 11, 2024
"Salesperson" means any person who is licensed under chapter 645 of NRS and is employed or engaged by a licensed real estate broker for compensation or otherwise to perform any act or transaction included in the definition of a real estate broker in NRS 645.030.
Dep't of Commerce, Real Estate Div., § 12, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.070 - "Time-share estate" defined

Current through June 11, 2024
"Time-share estate" means an estate in fee simple or an estate for years for a period of 3 years or more conferring a right to periodic possession of a specific unit of a subdivision.
Dep't of Commerce, Real Estate Div., § 13, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.075 - "Unit broker" defined

Current through June 11, 2024
"Unit broker" means a licensed real estate broker who, on behalf of a developer and for gain, employs or engages any person to induce a person to become a prospective purchaser from a developer.
Dep't of Commerce, Real Estate Div., § 14, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.080 - "Vacation certificate" defined

Current through June 11, 2024
"Vacation certificate" means a written promise which offers accommodations in or transportation to any location as part of a program to solicit prospective purchasers to attend a sales presentation for a subdivision.
Dep't of Commerce, Real Estate Div., § 15, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.085 - "Written plan" defined

Current through June 11, 2024
"Written plan" means a statement of the methods proposed to be employed in the procurement of prospective purchasers, the sale to purchasers and the retention of purchasers after sale which a developer must file pursuant to NRS 119.180.
Dep't of Commerce, Real Estate Div., § 16, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.110 - General procedures for filing

Current through June 11, 2024
The following general procedures must be followed in filing a Nevada statement of record, advertising and other required material:
1. Required material must be filed with the Division by personal delivery or by mail, addressed to the office of the Division in Carson City.
2. Fees must be made payable to the "Nevada Real Estate Division."
3. The date of a filing for the purpose of chapter 119 of NRS and these regulations is the date when a statement, document or other material is received by the Division in the form required by these regulations together with the prescribed fee.
4. The Nevada statement of record must be typed in black ink in standard or elite type on a form supplied by the Division. Supplemental material, except deeds, title policies, maps, plats, advertising and other official documents, must be typed on good quality, unglazed, legal size paper with a 2-inch margin at the top and a 1 1/2-inch margin on each side. Illegible photocopies must not be submitted.
5. The developer shall not incorporate by reference the answers to questions which were previously filed in a Nevada statement of record. The developer may specifically incorporate by reference documentation from a previous filing with the Division, but care must be taken in referring to a previous filing not to incorporate obsolete data.
6. Copies of movies, videotapes, radio broadcasts (on cassette tape only, not reel-to-reel) or other bulky items which may be required in order to comply with the provisions of the written plan must be separate from the bound documents filed with the Division but clearly identified with the specific filing.
Dep't of Commerce, Real Estate Div., § 18, eff. 7-16-80
NRS 119.184, 119.240, 119.320
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.120 - Approval or disapproval of applications

Current through June 11, 2024
When a complete application is submitted to the Division, the Administrator will enter an order of approval or disapproval no later than 30 days after it has been filed. The time for entry of the order may be extended by mutual consent of the Administrator and applicant in writing.
Dep't of Commerce, Real Estate Div., § 19, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.130 - Nevada statement of record: General requirements; material changes

Current through June 11, 2024
1. A developer who is not exempt from the provisions of chapter 119 of NRS shall file a Nevada statement of record on a form furnished by the Division.
2. The developer shall designate in the statement of record the name and address of the person to whom all correspondence from the Division should be addressed, and must notify the Division immediately of any substitution.
3. The statement of record must contain an index to exhibits.
4. The developer shall notify the Division of any material change in any of the information filed in his or her statement of record. The notice must be given within 10 days after the date the developer knew or should have known of the changes to the statement.
5. Any proposed change to a statement of record which the developer desires to make must be submitted to and approved by the Division before the proposed change is to become effective.
6. For purposes of this section, the term "material change" means any change in the information required under NRS 119.140.
Dep't of Commerce, Real Estate Div., § 20, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.140 - Nevada statement of record: Contents

Current through June 11, 2024
The Nevada statement of record must contain the following information:
1. The name and address of the applicant and his or her ownership, if any, in the proposed subdivision;
2. A list of the places, dates and material facts pertaining to each permit or license to sell or promote the sale of land, homes, home improvements, investments or securities, including any revocation, suspension or denial of such a permit or license by any federal, state, local or foreign governmental agency, and each criminal conviction or offense charged involving a sale or promotion;
3. A list of all current litigation in which the applicant is a party;
4. The name, location, acreage and number of lots, parcels, units or interests in the subdivision to be offered;
5. The location of subdivision records;
6. The methods by which prospective purchasers may locate and identify individual lots, parcels, units or interests;
7. The recording and any governmental approval of the subdivision;
8. A description of the geology, climate and physical conditions of the subdivision and its surroundings;
9. A description of all completed or promised improvements at or away from the subdivision;
10. A description of financial arrangements for the completion of improvements;
11. A list of all applicable taxes and assessments and their current status;
12. A description of facilities and services which are available in the area surrounding the subdivision;
13. A description of common facilities within the subdivision furnished by the developer;
14. Any filings with any federal, state or local governmental authority pertaining to the subdivision;
15. A description of all promotional activities in connection with the subdivision; and
16. Any other information which the Division requires.
Dep't of Commerce, Real Estate Div., § 21, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.150 - Nevada statement of record: Exhibits

Current through June 11, 2024
The information required in the Nevada statement of record must be supplemented by the following exhibits:
1. The articles of incorporation and certificate of incorporation of the applicant.
2. A statement of the applicant's financial status.
3. Consent by the applicant to service of process.
4. Maps of the subdivision including topographic, recorded plat and location maps.
5. Evidence of title to the property.
6. A legal description of each lot, parcel, unit or interest.
7. Documents which indicate any encumbrance, covenant, condition or restriction affecting the subdivision.
8. Documents which indicate any improvements, including the installation of utilities and the financial arrangements made for them.
9. Copies of all contracts, deeds, agreements and leases which affect the subdivision.
10. If the applicant is a foreign corporation and maintains in this state a corporate office for business, a certificate of qualification for the transaction of business in Nevada issued by the Secretary of State.
11. A diagram showing the developer's relationship to subsidiary and parent companies.
12. Copies of pleadings and any decisions pertaining to current litigation affecting the applicant or, if the applicant is a corporation, any of its incorporators or officers.
13. A statement of whether the purchaser is obligated to pay the costs of a survey.
14. A declaration of the applicant's compliance with the provisions of NRS 119.230.
15. Documents showing any state or local governmental permits or approvals issued in accordance with zoning ordinances and for improvements, the provision of water or a system for sewerage.
16. An estimate of the cost of any required wells, prepared by a licensed well driller.
17. Documents showing the assessed valuation of the lots, parcels, units or interests and the existing rate of taxation.
18. Documents showing the nature and extent of available police and protection against fire.
19. Documents showing the school district in which the subdivision is located and which schools are available to residents of the subdivision.
20. The financial statement, articles of association and membership agreement of any property owners' association.
21. The written plan, including all advertising and other published material.
22. A statement by the broker of record.
23. A statement of the broker of record's responsibility.
Dep't of Commerce, Real Estate Div., § 22, eff. 7-16-80-(NAC A 5-2-86)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › GENERAL PROVISIONS › Section 119.160 - Property report: Front page; contents

Current through June 11, 2024
1. The property report issued by the Division pursuant to NRS 119.160 will have a cover sheet as follows, with the language "CONSUMER SHOULD READ THIS REPORT BEFORE SIGNING ANY PAPER" printed in red:
THE PROPERTY REPORT OF
THE NEVADA LAW REGULATING
SUBDIVISION SALES REQUIRES THAT:
FIRST: A prospective purchaser or lessee MUST BE GIVEN this subdivision Property Report;
SECOND: The broker or salesperson MUST REVIEW the contents of this Property Report with you;
THIRD: If you purchase any property you MUST SIGN A RECEIPT indicating you have received this Property Report;
IT IS RECOMMENDED THAT:
FIRST: You DO NOT SIGN ANY CONTRACT OR AGREEMENT before you have thoroughly read and understood it and this Property Report;
SECOND: You SEE THE EXACT PROPERTY you may be considering BEFORE SIGNING any agreement for a reservation, option, lease or purchase.
NEVADA LAW STATES:
You may cancel this contract of sale, by written notice, until midnight of the 5th calendar day following the date of execution of the contract. 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.
The notice of cancellation must be delivered personally to the developer or sent by certified mail or telegraph to the business address of the developer.
The developer shall, within 15 days after receipt of the notice of cancellation, return all payments made by the purchaser.
2. The property report may contain any of the information submitted to the Division in the Nevada statement of record. In addition, if the Administrator determines that:
(a) A property report would be misleading without the inclusion of general or specific cautionary statements directed to prospective purchasers, the Administrator will include those statements which he or she deems to be material to an offer.
(b) Certain information in the property report should be emphasized in order to avoid misleading purchasers, the Administrator will emphasize that information.
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.200 - Registration required unless developer exempted

Current through June 11, 2024
Any developer who over any period divides or proposes to divide any land into 35 or more lots, parcels, units or interests must apply to the Division to register the subdivision pursuant to chapter 119 of NRS, unless the developer is exempted from registration by NRS 119.120 to 119.128, inclusive, or NAC 119.200 to 119.250, inclusive.
[Real Estate Div., § 24, eff. 7-16-80]-(NAC A 12-3-84; 12-19-89)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.205 - Written request for exemption

Current through June 11, 2024
In order to receive a letter of exemption from registration for the classes of exemption set forth in NAC 119.210 to 119.250, inclusive, a developer must request in writing an exemption from the Division and specify the class of exemption for which he or she is applying, and must submit the information and documents required in those sections.
[Real Estate Div., § 25, eff. 7-16-80]-(NAC A 12-19-89)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.210 - Parcels at least 40 acres in area

Current through June 11, 2024
A developer must submit the following information and documents to obtain an exemption from the requirements set forth in NRS 119.130 to 119.160, inclusive, for parcels at least 40 acres in area, including roadways and easements:
1. A copy of the recorded map showing the number of each unit of the subdivided property.
2. The name, address and extent of the interest of each owner of the subdivision.
3. Copies of current articles of incorporation, instruments of trust, or articles of partnership or association of the developer or owner.
4. If a developer is a corporation organized under the laws of another state and maintains in this state a corporate office for business, a certified copy of the certificate of qualification for the transaction of business in Nevada issued by the Secretary of State.
5. The exact location of the subdivision and distances to surrounding communities.
6. The total number of lots, parcels, units or interests in the subdivision.
7. The total number of acres in the subdivision.
8. A description of methods by which a purchaser may locate his or her individual lot, parcel, unit or interest.
9. A current preliminary report or equivalent document on the title of the subdivision.
10. A description of other property which the developer owns or in which the developer has an option to buy and which is adjacent to the subdivision.
11. All advertising and documents intended to be used which relate to the sale of lots, parcels, units or interests.
12. The promotional name of the subdivision.
13. The names and addresses of any real estate brokers who are licensed in Nevada and will assist in marketing the property.
[Real Estate Div., § 26, eff. 7-16-80]-(NAC A 12-3-84; 5-2-86; 12-19-89)
NRS 119.121, 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.215 - Property free and clear of all liens

Current through June 11, 2024
A developer must submit the following information and documents in order to obtain an exemption under subsection 2 of NRS 119.122 (property free and clear of all liens):
1. A sworn statement in the form of a claim of exemption signed by the developer, stating that the subdivision is free and clear of all liens, encumbrances and adverse claims and that the lots will remain so until a deed is delivered to the purchaser. The claim of exemption must also include assurances by the developer that each prospective purchaser will:
(a) Personally inspect the lot he or she intends to purchase;
(b) Receive a form which he or she must sign that affirms he or she has inspected the lot and has received a copy of any covenants, conditions, restrictions, reservations, easements, taxes and assessments; and
(c) Receive a deed within 180 days after signing the sales contract.
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.220 - Construction of residential building by licensed contractor who owns land

Current through June 11, 2024
The notice required of a developer who elects to be exempt from registration because he or she owns the land, is licensed in this state to construct residential buildings and will construct a residential building on the land, must include:
1. A copy of the recorded plat map.
2. The promotional name of the subdivision.
3. The name and number of the license of the contractor licensed to construct residential buildings in Nevada.
4. A sworn statement signed by the contractor stating that each lot offered or disposed of will include a residential building when disposition is completed.
5. A copy of the contract of sale.
6. The names and addresses of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.
7. A preliminary title report issued within 15 days before the date of the request for the exemption.
[Real Estate Div., § 28, eff. 7-16-80]- (NAC A 12-3-84; 5-2-86)
NRS 119.120, 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.225 - Registration not necessary in the public interest

Current through June 11, 2024
1. The Administrator will make a determination that a registration is not necessary in the public interest upon receipt of evidence of the applicant's compliance with the provisions of NRS 119.230, together with any other evidence which the Administrator deems necessary to make that determination.
2. The Administrator will use, among others, the following factors in making a determination:
(a) The intended use of property;
(b) The direction of the growth of the area;
(c) The availability of utilities;
(d) Whether financial assurances have been established by the applicant; and
(e) The need for housing in the area.
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.230 - Written notice of election

Current through June 11, 2024
To claim an exemption from registration for the classes of exemption set forth in NAC 119.220, 119.235 or 119.240, a developer must notify the Division in writing of his or her election to be exempt from registration, specify the class of exemption for which he or she is applying and submit any information and documents required in those sections.
[Real Estate Div., § 30, eff. 7-16-80]-(NAC A 11-8-88; 12-19-89)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.235 - Parcels greater than 80 acres in area

Current through June 11, 2024
1. A developer must notify the Division in writing of his or her election to be exempt from registration under paragraph (a) of subsection 2 of NRS 119.120 (parcels greater than 80 acres).
2. If the developer wishes the Division to determine his or her eligibility for such an exemption, the developer must submit the following information and documents:
(a) A copy of the recorded plat map;
(b) The promotional name of the property;
(c) A certified statement of a civil engineer licensed by the state in which the subdivision is located that each lot, parcel, unit or interest exceeds 80 acres in size after all easements have been subtracted;
(d) A sworn statement by the developer that he or she will not at any time convey a lot, parcel, unit or interest in the subdivision which is 80 acres or less in size;
(e) A promotional plan; and
(f) The name and address of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.240 - Disposition to persons engaged in the business of construction

Current through June 11, 2024
1. A developer must notify the Division in writing of his or her election to be exempt from registration under subsection 3 of NRS 119.120 (disposition to persons engaged in the business of the construction of residential, commercial or industrial buildings for disposition).
2. If the developer wishes the Division to determine his or her eligibility for such an exemption, the developer must submit the following information and documents:
(a) A copy of the recorded plat map;
(b) The promotional name of the subdivision;
(c) A sworn, notarized statement signed by the developer that he or she will convey interests in the subdivision only to persons who are engaged in the business of construction of residential, commercial or industrial buildings for disposition; and
(d) The names and addresses of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › EXEMPTION FROM REGISTRATION › Section 119.250 - Parcels of less than 1 square yard

Current through June 11, 2024
A developer must notify the Division in writing of his or her election to be exempt from registration under subsection 3 of NRS 119.122 (registration not necessary in the public interest or for the protection of purchasers) for a subdivision in which parcels of less than 1 square yard are offered for sale and the sales agreement contains a waiver of notice of condemnation and waiver of right to proceeds under condemnation.
[Real Estate Div., § 34, eff. 7-16-80]-(NAC A 12-3-84)
NRS 119.122, 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.300 - Developers: Branch offices; approval of amended documents; availability of records

Current through June 11, 2024
1. If a developer wishes to conduct sales at two or more separate locations, except locations of off-premises contacts, the broker of record shall establish and maintain branch offices as required by chapter 645 of NRS.
2. A developer must obtain approval from the Division before using any property report, advertising or contract or agreement which is amended in any way.
3. A developer's records which are kept outside this state are subject to inspection and audit by the Division and must be made available to the Division at its office in Carson City or Las Vegas.
[Real Estate Div., § 36, eff. 7-16-80]-(NAC A 5-2-86)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.310 - Developers: Standards of ethics

Current through June 11, 2024
A developer shall comply with the same standards of ethics which are required of licensed real estate brokers and salespersons as set forth in NRS 645.630 and other relevant sections of chapter 645 of NRS and regulations adopted under it.
Dep't of Commerce, Real Estate Div., § 37, eff. 7-16-80
NRS 119.181, 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.320 - Brokers of record

Current through June 11, 2024
1. Before a broker applies to become a broker of record, he or she must make a personal inspection of the subdivision for which he or she is to be responsible.
2. The broker of record shall obtain from each purchaser of subdivision property a signed receipt for a copy of the property report and shall keep the receipt along with a copy of any contract of sale or other sales agreement and other material in his or her files, within the State of Nevada. These records must be kept for 3 years or for 1 year after the final payment has been made on any contract for the sale of property, whichever is longer. If the broker of record has established branch offices, the copies of the contracts, agreements, receipts and other material must be maintained at his or her principal place of business. The material is subject to inspection and audit by the Division at any time.
3. Every broker of record shall teach his or her salespersons and registered representatives the contents of these regulations. The broker of record shall exercise strict supervision over their activities and over the operation of his or her real estate business, and shall conduct business in accordance with law and these regulations.
Dep't of Commerce, Real Estate Div., § 38, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.330 - Signing of contracts of sale; applicability of other provisions; registration of licensed broker or salesperson as representative

Current through June 11, 2024
1. All contracts of sale must be signed either by the broker of record or by his or her authorized broker-salesperson or salesperson.
2. Nothing in this chapter excuses a licensed real estate broker or salesperson from complying with the requirements imposed by chapter 645 of NRS and regulations adopted under it, except where different requirements are clearly prescribed by chapter 119 of NRS or this chapter.
3. A person licensed as a real estate broker or salesperson under chapter 645 of NRS may function as a registered representative upon completion of the requirements for a broker of record, authorized broker-salesperson or salesperson.
[Dep't of Commerce, Real Estate Div., § 39, eff. 7-16-80]-(NAC A 5-2-86)
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.340 - Registered representatives

Current through June 11, 2024
A person who desires to become a registered representative must file an application for registration on a form furnished by the Division. An application for registration must be filed with the Division for each developer represented. The fee is not returnable.
[Dep't of Commerce, Real Estate Div., § 40, eff. 7-16-80]-(NAC A 5-2-86; 11-8-88)
NRS 119.181, 119.240, 119.320
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › DEVELOPERS AND REAL ESTATE LICENSEES › Section 119.350 - Duties imposed by local ordinance

Current through June 11, 2024
These regulations do not diminish or otherwise affect the duties of a developer or real estate licensee established by a county or city ordinance regulating land sales which has been enacted pursuant to chapter 599A of NRS.
Dep't of Commerce, Real Estate Div., § 63, eff. 7-16-80
NRS 119.240
Nevada Administrative Code › Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION › ADVERTISING › Section 119.400 - General requirements

Current through June 11, 2024
1. All unapproved advertising of a subdivision and all previously approved advertising which has been modified in any way must be submitted to and approved by the Division before being used. A subdivision which is not exempted by chapter 119 of NRS or these regulations may not be advertised for sale until the advertising is approved in writing by the Division. The Division will render a decision on the advertising within 60 days from the date it is submitted to the Division in final form.
2. Advertising must be submitted by the developer or his or her employee or agent. If an employee or agent of the developer is to submit the advertising, the developer must notify the Division in writing that the employee has the authority to submit advertising and to agree to changes which may be required. The Division will not deal directly with an advertiser who is not so authorized by the developer.
3. When the Division approves an item of advertising, an approval number will be issued. The approval number and the developer's name must appear on the approved item and must be visible or audible to the intended audience when it is published or circulated, unless the Division specifically provides otherwise.
4. A bona fide press release is exempted from these regulations and need not be submitted to the Division for approval, and no advertising fee will be charged for it, if it:
(a) Is intended for publication without payment of any consideration; and
(b) Does not contain statements about:
(1) The sales volume of the subdivision;
(2) The financial status of the developer; or
(3) The nature of the subdivision or its investment potential.