There is a newer version of the Nevada Revised Statutes
2011 Nevada Revised Statutes
Chapter 119A - Time Shares
GENERAL PROVISIONS- NRS 119A.010 - Definitions.
- NRS 119A.020 - Administrator defined.
- NRS 119A.030 - Affiliate of the developer defined.
- NRS 119A.031 - Affiliate of the manager defined.
- NRS 119A.032 - Association defined.
- NRS 119A.033 - Blanket encumbrance defined.
- NRS 119A.034 - Board defined.
- NRS 119A.036 - Common area defined.
- NRS 119A.040 - Developer defined.
- NRS 119A.041 - Developer s reserved rights defined.
- NRS 119A.050 - Division defined.
- NRS 119A.052 - Limited common area defined.
- NRS 119A.054 - Manager defined.
- NRS 119A.056 - Owner defined.
- NRS 119A.058 - Permanent identifying number defined.
- NRS 119A.060 - Permit defined.
- NRS 119A.070 - Person defined.
- NRS 119A.080 - Project defined.
- NRS 119A.090 - Project broker defined.
- NRS 119A.100 - Public offering statement defined.
- NRS 119A.110 - Purchaser defined.
- NRS 119A.120 - Representative defined.
- NRS 119A.130 - Sales agent defined.
- NRS 119A.140 - Time share defined.
- NRS 119A.150 - Time-share instrument defined.
- NRS 119A.152 - Time-share plan defined.
- NRS 119A.153 - Time-share resale defined.
- NRS 119A.156 - Time-share resale broker defined.
- NRS 119A.160 - Unit defined.
- NRS 119A.170 - Applicability of this chapter and chapter 645
- NRS 119A.172 - Applicability of provisions relating to real estate brokers and sales agents to certain owners who refer prospective purchasers to developer or employee or agent of developer.
- NRS 119A.174 - Applicability of local ordinances, regulations and building codes.
- NRS 119A.180 - Classification of interest of purchaser.
- NRS 119A.190 - Regulations; professional consultants.
- NRS 119A.195 - Authority for Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.
- NRS 119A.200 - Limitation on licensing by local governments.
- NRS 119A.210 - Sales agents: Qualifications; fees; fingerprinting; exemptions from licensing; expiration and renewal of licenses; continuing education. [Effective until the date of the repeal of 42 U.S.C. 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
- NRS 119A.220 - Sales agents: Association with project broker.
- NRS 119A.230 - Sales agents: Disciplinary actions.
- NRS 119A.233 - Provisional sales agents: Qualifications; employment with project broker.
- NRS 119A.235 - Provisional sales agents: Expiration of licenses; application to work for new project broker; termination of employment; denial of application for license.
- NRS 119A.237 - Provisional sales agents: Restrictions; duties of project broker or designee of project broker; commissions.
- NRS 119A.240 - Representatives: Qualifications for registration. [Effective until the date of the repeal of 42 U.S.C. 666,
- NRS 119A.250 - Representatives: Expiration, renewal, reinstatement and transfer of registration. [Effective until the date of the repeal of 42 U.S.C. 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
- NRS 119A.260 - Representatives: Prohibited acts; compliance with standards applied to real estate brokers and salespersons.
- NRS 119A.263 - Payment of child support: Statement by applicant for sales agent s license or registration as representative or manager; grounds for denial of license or registration; duty of Administrator. [Effective until the date of the repeal of 42 U.S.C. 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
- NRS 119A.266 - Suspension of sales agent s license or registration as representative or manager for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of suspended license or registration. [Effective until the date of the repeal of 42 U.S.C. 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
- NRS 119A.270 - Developers: Prohibited acts.
- NRS 119A.280 - Developers: Order to cease; hearing; agreement in lieu of order.
- NRS 119A.290 - Preliminary permits.
- NRS 119A.300 - Requirements for issuance of public offering statement and permit.
- NRS 119A.305 - Terms and conditions of supporting documents: Description in public offering statement; conditions of permit.
- NRS 119A.310 - Grounds for denial of permit; burden of proof.
- NRS 119A.320 - Period for action on application.
- NRS 119A.330 - Hearing on denial of application; expiration of order of denial.
- NRS 119A.340 - Issuance of permit before completion of project.
- NRS 119A.350 - Investigation of applicants; expenses.
- NRS 119A.355 - Renewal of permit.
- NRS 119A.357 - Requirement to notify Division in writing of certain convictions.
- NRS 119A.358 - Creation and maintenance of website through which licenses, permits or registrations may be renewed; fees.
- NRS 119A.360 - Fees.
- NRS 119A.365 - Disciplinary action for failure to pay money to Division.
- NRS 119A.370 - Filing of advertisement or offering.
- NRS 119A.380 - Requirements for time-share instruments.
- NRS 119A.385 - Description of time share.
- NRS 119A.390 - Reservation to purchase time share.
- NRS 119A.400 - Prospective purchasers to be provided with public offering statement and permit.
- NRS 119A.410 - Right to cancel contract of sale.
- NRS 119A.420 - Deposits to be placed in escrow.
- NRS 119A.430 - Requirements for closing of escrow.
- NRS 119A.450 - Provision in contract relieving purchaser of obligation upon foreclosure of lien against project; prohibition against sale or pledge of notes or contracts of sale by defaulting developer.
- NRS 119A.460 - Requirements for trusts.
- NRS 119A.470 - Conveyance of project to trustee before close of escrow for first sale.
- NRS 119A.475 - Action by purchaser or Administrator for misrepresentation or other violation.
- NRS 119A.4771 - Registration and licensing of person listing, advertising, soliciting or promoting sale of 12 or more previously sold time shares on behalf of owner other than developer; exception.
- NRS 119A.4773 - Filing of advertisement or offering required.
- NRS 119A.4775 - Disclosure of certain information before resale; regulations.
- NRS 119A.4777 - Requirements for agreement for resale of time share; reseller to provide copy of agreement to owner.
- NRS 119A.4779 - Advance fee charged or collected by time-share resale broker.
- NRS 119A.480 - Requirements if developer holds leasehold interest.
- NRS 119A.490 - Filing of amendment of time-share instrument required.
- NRS 119A.495 - Withdrawal of units from time-share plan; conditions of withdrawal; exceptions.
- NRS 119A.497 - Relocation of boundaries between adjoining units.
- NRS 119A.500 - Partition of unit.
- NRS 119A.510 - Replacement or compensation if unit unavailable.
- NRS 119A.515 - Publication of information concerning owners: Maintenance of records; consent required; exceptions.
- NRS 119A.520 - Members of association for time-share plan; incorporation of association; proxies.
- NRS 119A.522 - Period of developer s control of association; representation of owners on board.
- NRS 119A.524 - Reserved rights of developer.
- NRS 119A.525 - Relocation of certain time shares by developer; conditions of relocation; recordation.
- NRS 119A.526 - Quorum.
- NRS 119A.528 - Removal of member of board; indemnification and defense of member of board.
- NRS 119A.529 - Solicitation of votes and proxies by owner; requirements for mailing by managers and boards.
- NRS 119A.530 - Written agreement for management of time-share plan and project; disclosure of annual revenue received by manager.
- NRS 119A.532 - Registration of managers; form for registration; fee. [Effective until the date of the repeal of 42 U.S.C. 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
- NRS 119A.534 - Disclosure statement to be submitted by certain managers; regulations.
- NRS 119A.540 - Annual budget; assessments for unsold time shares.
- NRS 119A.542 - Conduct and contents of study of reserves; review of study and necessary adjustments to reserves by board; regulations.
- NRS 119A.550 - Assessment upon time share; notice of assessment; liens; enforcement of liens.
- NRS 119A.552 - Statement of unpaid assessments.
- NRS 119A.560 - Power of sale; notice of sale.
- NRS 119A.570 - Insurance.
- NRS 119A.580 - Consent required for liens for labor, services or materials; when consent deemed given.
- NRS 119A.590 - Information to be furnished to purchasers by developer.
- NRS 119A.600 - Information to be furnished by company offering program.
- NRS 119A.620 - Information to be furnished to Division and secretary of association; liability for information and representations.
- NRS 119A.630 - Administrator to appoint hearing officer.
- NRS 119A.640 - Powers of Administrator or hearing officer.
- NRS 119A.650 - District court to enforce Administrator s subpoenas.
- NRS 119A.652 - Inspections by Division; penalty for failure to cooperate; regulations.
- NRS 119A.653 - Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.
- NRS 119A.654 - Disciplinary action against developer.
- NRS 119A.655 - Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Complaint; hearing; notice.
- NRS 119A.656 - Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Answer; limitation on proceeding.
- NRS 119A.657 - Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Decision of hearing officer.
- NRS 119A.658 - Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Appeal of decision of hearing officer.
- NRS 119A.659 - Expiration, revocation or surrender of license or permit does not prohibit disciplinary action against holder thereof.
- NRS 119A.660 - Enforcement of chapter and protection of purchasers by Administrator.
- NRS 119A.665 - Appointment of receiver.
- NRS 119A.670 - Action by Real Estate Commission against project broker.
- NRS 119A.675 - Administrative fine for engaging in certain conduct without license, permit, certificate, registration or authorization; procedure for imposition of fine; judicial review; exceptions.
- NRS 119A.680 - Acting as project broker, sales agent, representative, manager or time-share resale broker without license or registration.
- NRS 119A.690 - Falsifying application; failure to submit annual report.
- NRS 119A.700 - False or misleading advertising.
- NRS 119A.702 - Restrictions on promotional material; completion of improvements portrayed in promotional material.
- NRS 119A.710 - Unfair methods of competition; deceptive or unfair acts.
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