1. Each owner of a manufactured home park shall pay to the Division an annual fee established by the Administrator which must not exceed $5 for each lot within that park.
2. The Administrator shall notify the owner of each manufactured home park on or before July 1 of each year of the fee imposed pursuant to this section.
3. If an owner fails to pay the fee on or before August 1 of each year, a penalty of 50 percent of the amount of the fee must be added. The owner is not entitled to any reimbursement of this penalty from his or her tenants.
4. All fees collected by the Division pursuant to subsection 1 must be deposited in the State Treasury for credit to the Account for Housing Inspection and Compliance created by NRS 319.169. All expenses related to the regulation of manufactured home parks must be paid from the Account for Housing Inspection and Compliance.