Title 10

NRS 116B.760 Resales of units. 1. Except in the case of a sale in which delivery of a public offering statement is required, a unit’s owner or his or her authorized agent shall furnish to a purchaser a resale package containing all of the following: (a) A copy of this chapter, th…

NRS 116B.765 Required form of information statement. The information statement required by NRS 116B.735 and 116B.760 must be in substantially the following form: BEFORE YOU PURCHASE PROPERTY IN A CONDOMINIUM HOTEL DID YOU KNOW... 1. YOU GENERALLY HAVE 5 DAYS TO CANCEL THE PURCHAS…

NRS 116B.770 Escrow of deposits; furnishing of bond in lieu of deposit. 1. Except as otherwise provided in subsections 2 and 3, a deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement pursuant to subsec…

NRS 116B.775 Release of liens. 1. In the case of a sale of a unit where delivery of a public offering statement is required pursuant to subsection 3 of NRS 116B.730, a seller: (a) Before conveying a unit, shall record or furnish to the purchaser releases of all liens, except lien…

NRS 116B.780 Exclusion or modification of warranties of quality. Implied warranties of quality: 1. May be excluded or modified by agreement of the parties; and 2. Are excluded by expression of disclaimer, such as “as is,” “with all faults,” or other language that in common unders…

NRS 116B.785 Power of Commission to adopt regulations concerning additional disclosures. The Commission, or the Administrator with the approval of the Commission, may adopt regulations to require any additional disclosures in the case of a sale of a unit as it deems necessary. (A…

NRS 116B.790 Effect of violations on rights of action; civil action for damages for failure or refusal to comply with provisions of chapter or governing documents; members of executive board not personally liable to victims of crimes; circumstances under which punitive damages ma…

NRS 116B.795 Substantial completion of units. In the case of a sale of a unit in which delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed, until the declaration is recorded and the unit is substant…

NRS 116B.800 Jurisdiction. The Commission for Common-Interest Communities and Condominium Hotels created by NRS 116.600, the Division and the Director of the Department of Business and Industry have jurisdiction over the enforcement of this chapter as set forth herein. (Added to …

NRS 116B.805 Administration of chapter; regulations of Commission and Real Estate Administrator; delegation of authority; publications. 1. The provisions of this chapter must be administered by the Division, subject to the administrative supervision of the Director of the Departm…

NRS 116B.810 Employment of personnel by Real Estate Division; designation of deputy attorney general by Attorney General; legal opinions and assistance by deputy attorney general. 1. Except as otherwise provided in this section and within the limits of legislative appropriations …

NRS 116B.815 Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: Powers and duties. The Office of the Ombudsman for Owners in Common-Interest Communities and Condominium Hotels created by NRS 116.625 shall: 1. Assist in processing claims arising under this…

NRS 116B.820 Immunity. The Commission and its members, each hearing panel and its members, the Administrator, the Ombudsman, the Division, and the experts, attorneys, investigators, consultants and other personnel of the Commission and the Division are immune from any civil liabi…

NRS 116B.825 Service of notice and other information upon Commission. Any notice or other information that is required to be served upon the Commission pursuant to the provisions of this chapter may be delivered to the principal office of the Division. (Added to NRS by 2007, 2260…

NRS 116B.830 Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions. 1. The Administrator may adopt regulations which establish procedures for the Division to conduct business electronically pursuant to tit…

NRS 116B.835 Issuance and enforcement of subpoenas. 1. To carry out the purposes of this chapter, the Commission, or any member thereof acting on behalf of the Commission or acting on behalf of a hearing panel, may issue subpoenas to compel the attendance of witnesses and the pro…

NRS 116B.840 Witnesses: Payment of fees and mileage. 1. Each witness who is subpoenaed and appears at a hearing is entitled to receive for his or her attendance the same fees and mileage allowed by law to a witness in a civil case. 2. The fees and mileage for the witness: (a) Mus…

NRS 116B.845 Conducting hearings and other proceedings; collection of information; development and promotion of educational guidelines; accreditation of programs of education and research. 1. The Commission shall conduct such hearings and other proceedings as are required by the …

NRS 116B.850 Establishment of standards for subsidizing proceedings for mediation, arbitration and program and for subsidizing educational programs; acceptance of gifts, grants and donations; agreements and cooperation with other entities. The Commission may: 1. By regulation, es…

NRS 116B.855 Appointment of hearing panels; delegation of powers and duties; appeals to Commission. 1. The Commission may appoint one or more hearing panels. Each hearing panel must consist of one or more independent hearing officers. 2. The Commission may by regulation delegate …

NRS 116B.860 Use of audio or video teleconference for hearings. The Commission or a hearing panel may conduct a hearing by means of an audio or video teleconference to one or more locations if the audio or video technology used at the hearing provides the persons present at each …

NRS 116B.865 “Violation” defined. As used in NRS 116B.870 to 116B.920, inclusive, unless the context otherwise requires, “violation” means a violation of any provision of this chapter, any regulation adopted pursuant thereto or any order of the Commission or a hearing panel. (Add…

NRS 116B.870 Jurisdiction of Real Estate Division, Ombudsman, Commission and hearing panels. 1. In carrying out the provisions of NRS 116B.870 to 116B.920, inclusive, the Division and the Ombudsman have jurisdiction to investigate and the Commission and each hearing panel has jur…

NRS 116B.875 Rights, remedies and penalties are cumulative and not exclusive; limitations on power of Commission and hearing panels regarding internal activities of association. 1. The rights, remedies and penalties provided in NRS 116B.865 to 116B.920, inclusive, are cumulative …

NRS 116B.880 Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records. 1. Except as otherwise provided in this section and NRS 239.0115, a written affidavit filed …

NRS 116B.885 Right of person aggrieved by alleged violation to file affidavit with Real Estate Division; procedure for filing affidavit; administrative fine for filing false or fraudulent affidavit. 1. Except as otherwise provided in this section, a person who is aggrieved by an …

NRS 116B.890 Referral of affidavit to Ombudsman for assistance in resolving alleged violation; report by Ombudsman; investigation by Real Estate Division; determination of whether to file complaint with Commission. 1. Upon receipt of an affidavit that complies with the provisions…

NRS 116B.895 Procedure for hearing complaints: Time for holding hearing; continuances; notices; evidence; answers; defaults. 1. Except as otherwise provided in subsection 2, if the Administrator files a formal complaint with the Commission, the Commission or a hearing panel shall…

NRS 116B.900 Representation by attorney. Any party to the complaint may be represented by an attorney at any hearing on the complaint. (Added to NRS by 2007, 2266)

NRS 116B.905 Decisions on complaints. 1. After conducting its hearings on the complaint, the Commission or the hearing panel shall render a final decision on the merits of the complaint not later than 20 days after the date of the final hearing. 2. The Commission or the hearing p…

NRS 116B.910 Remedial and disciplinary action: Orders to cease and desist and to correct violations; administrative fines; removal from office or position; payment of costs; exemptions from liability. 1. If the Commission or the hearing panel, after notice and hearing, finds that…

NRS 116B.915 Remedial and disciplinary action: Audit of association; appointment of receiver. 1. If the Commission or a hearing panel, after notice and hearing, finds that the executive board or any person acting on behalf of the association has committed a violation, the Commiss…

NRS 116B.920 Injunctions. 1. If the Commission or the Division has reasonable cause to believe, based on evidence satisfactory to it, that any person violated or is about to violate any provision of this chapter, any regulation adopted pursuant thereto or any order, decision, dem…