There is a newer version of the Nevada Revised Statutes
2010 Nevada Code
TITLE 10 PROPERTY RIGHTS AND TRANSACTIONS
Chapter 119A Time Shares
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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 of NRS.
- 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. LICENSES AND PERMITS
- 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 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.210 Sales agents: Qualifications; fees; fingerprinting; exemptions from licensing; expiration and renewal of licenses; continuing education. [Effective on the date of the repeal of 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 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.240 Representatives: Qualifications for registration. [Effective on the date of the repeal of 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.250 Representatives: Expiration, renewal, reinstatement and transfer of registration. [Effective until the date of the repeal of 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.250 Representatives: Expiration, renewal, reinstatement and transfer of registration. [Effective on the date of the repeal of 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 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 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. SALE OF TIME SHARES
- 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. RESALE OF TIME SHARES
- 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. RIGHTS OF OWNERS
- 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. MANAGEMENT OF TIME-SHARE PROJECT
- 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.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 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.532 Registration of managers; form for registration; fee. [Effective on the date of the repeal of 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. PROGRAMS FOR EXCHANGE OF OCCUPANCY RIGHTS
- 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. HEARINGS
- 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. ENFORCEMENT OF CHAPTER
- 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. UNLAWFUL ACTS
- 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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