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Nevada Chapter 119 — Sale of Subdivided Land: Licensing and Regulation

68 sections hosted, reproduced from the official public-domain source.

  • NRS 119.010— Definitions
  • NRS 119.015— “Administrator” defined
  • NRS 119.020— “Blanket encumbrance” defined
  • NRS 119.030— “Broker” defined
  • NRS 119.040— “Developer” defined
  • NRS 119.045— “Director” defined
  • NRS 119.050— “Division” defined
  • NRS 119.055— “Hearing officer” defined
  • NRS 119.060— “Offer” defined
  • NRS 119.070— “Person” defined
  • NRS 119.075— “Property report” defined
  • NRS 119.080— “Purchaser” defined
  • NRS 119.090— “Registered representative” defined
  • NRS 119.100— “Sale” defined
  • NRS 119.105— “Statement of record” defined
  • NRS 119.110— “Subdivision” defined
  • NRS 119.112— “Unit” defined
  • NRS 119.114— Administration by Real Estate Division; duties of Attorney General
  • NRS 119.115— Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions
  • NRS 119.116— Employment of counsel, investigators and professional consultants
  • NRS 119.118— Support of Division by legislative appropriation; disposition of fees and charges
  • NRS 119.119— Applicability to subdivision registered under Interstate Land Sales Full Disclosure Act
  • NRS 119.120— Exemptions: Single purchase; large lots; contractors; court orders; governmental agencies
  • NRS 119.121— Exemptions: Single purchase; small lots; requirements for partial registration
  • NRS 119.122— Exemptions: Evidence of secured indebtedness; investment trusts; cemetery lots; property without liens, encumbrances or adverse claims; regulations of Division; revocation
  • NRS 119.125— Exemptions: Time shares; memberships in campgrounds
  • NRS 119.128— Exemptions: Limitation
  • NRS 119.130— License: Requirement; appointment of Secretary of State as agent for service of process; procedure for service of process
  • NRS 119.140— License: Required information; application; fee
  • NRS 119.150— License: Investigation
  • NRS 119.160— License: Issuance; denial; temporary permit; hearing
  • NRS 119.163— License: Creation and maintenance of website through which licenses may be renewed; fees
  • NRS 119.165— Renewal of permit; creation and maintenance of website; fees
  • NRS 119.167— Requirement to notify Division in writing of certain convictions
  • NRS 119.170— Sales: Reference to Division or employees prohibited
  • NRS 119.175— Responsibility of developer for acts of others
  • NRS 119.180— Sales: Approval of plan and methods required; application by broker and salesperson
  • NRS 119.181— Sales: Activities of registered representatives; application by registered representative
  • NRS 119.182— Sales: Review of information by broker or salesperson; rescission by purchaser
  • NRS 119.183— Sales: Disclosure to purchaser concerning public services and utilities
  • NRS 119.184— Sales: Approval of advertising and offering
  • NRS 119.185— Qualifications of registered representatives
  • NRS 119.190— Additional penalty for violations
  • NRS 119.200— Participation by officers and employees of Division prohibited
  • NRS 119.210— News media not liable for publication or content of advertisements
  • NRS 119.220— Action by purchaser or Administrator for misrepresentation or other violation
  • NRS 119.230— Sale under blanket encumbrance unlawful; exceptions
  • NRS 119.240— Adoption of regulations required
  • NRS 119.250— Actions to enjoin violations; intervention
  • NRS 119.260— Orders to cease and desist; agreement with developer in lieu of issuance of order
  • NRS 119.265— Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records
  • NRS 119.267— Confidentiality of records: Certain criminal and financial records deemed confidential; exceptions
  • NRS 119.270— Hearing officers
  • NRS 119.280— Powers of Administrator to take testimony, administer oaths, issue subpoenas and classify confidential records
  • NRS 119.290— Service of process; witness fees
  • NRS 119.300— Action to compel attendance of witnesses and production of documents
  • NRS 119.310— Depositions and discovery
  • NRS 119.320— Fees
  • NRS 119.322— Disciplinary action for failure to pay money to Real Estate Division
  • NRS 119.325— Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license
  • NRS 119.327— Expiration, revocation or surrender of property report, permit, partial registration, exemption, license or registration does not prohibit disciplinary action against holder thereof
  • NRS 119.329— Administrative fine for engaging in certain conduct without license, permit, registration or authorization; procedure for imposition of fine; judicial review; exceptions
  • NRS 119.330— Unlawful acts; penalties
  • NRS 119.340— Provisions of chapter are supplemental
  • NRS 119.1193— Applicability to subdivision restricted exclusively to nonresidential use
  • NRS 119.1197— Exemptions: Undivided interests in unimproved land that is undivided, located outside Nevada and offered for investment purposes; requirements to obtain exemption; regulations; revocation; complaints
  • NRS 119.1835— Sales: Disclosure to purchaser of location of rights-of-way and easements for electrical transmission lines
  • NRS 119.1837— Sales: Developer must comply with certain provisions governing public offering statements for common-interest community containing converted building