2001 REGULAR SESSION (71st)                                                                       A SB418 R1 883

Amendment No. 883

 

 

 

 

     Amend section 1, page 2, by deleting lines 14 and 15 and inserting:

     “(a) Independently verify the accuracy of a statement made by an inspector certified pursuant to chapter 645D of NRS or another appropriate licensed or certified expert.”.

     Amend sec. 2, page 2, by deleting line 19 and inserting:

     “645.257  1.  A”.

     Amend sec. 2, page 2, by deleting lines 32 through 34.

     Amend sec. 3, page 2, by deleting lines 41 through 48 and inserting:

     “2.  Except as otherwise provided in this subsection, the failure of the seller to make the disclosures required by NRS 113.130 and 113.135 if the information that would have been disclosed pursuant to NRS 113.130 and 113.135 is a public record which is readily available to the client. Notwithstanding the provisions of this subsection, a licensee is not relieved of the duties imposed by paragraph (a) of subsection 1 of NRS 645.252.”.

     Amend the bill as a whole by renumbering sections 7 and 8 as sections 8 and 9 and adding a new section designated sec. 7, following sec. 6, to read as follows:

     “Sec. 7. NRS 645.830 is hereby amended to read as follows:

     645.830  1.  The following fees must be charged by and paid to the division:

 

For each original real estate broker’s, broker-salesman’s or corporate broker’s
license...................................................................................................................... [$170] $85

For each original real estate salesman’s license................................................................... [130] 65

For each original branch office license........................................................................................ 100

For real estate education, research and recovery to be paid at the time an original application for a license is filed................................................................................................................... 20

For real estate education, research and recovery to be paid at the time an application for a license [is filed or at the time a license] is renewed.............................................................................................. 40

For each renewal of a real estate broker’s, broker-salesman’s or corporate broker’s license...... 170

For each renewal of a real estate salesman’s license................................................................... 130

For each renewal of a real estate branch office license................................................................ 100

For each penalty for late filing of a renewal for a broker’s, broker-salesman’s or corporate broker’s license............................................................................................................................................. 85

For each penalty for late filing of a renewal for a salesman’s license.............................................. 65

For each change of name or address........................................................................................... 10

For each transfer of a real estate salesman’s or broker-salesman’s license and change of association or employment........................................................................................................................... 10

For each duplicate license where the original license is lost or destroyed, and an affidavit is made thereof10

For each change of status from broker to broker-salesman, or the reverse.................................... 10

For each reinstatement to active status of an inactive real estate broker’s, broker-salesman’s or salesman’s license................................................................................................................................... 10

For each reinstatement of a real estate broker’s license when the licensee fails to give immediate written notice to the division of a change of name or business location................................................. 20

For each reinstatement of a real estate salesman’s or broker-salesman’s license when he fails to notify the division of a change of broker within 30 days of termination by previous broker....................... 20

For each original registration of an owner-developer.................................................................. 100

For each annual renewal of a registration of an owner-developer................................................ 100

For each enlargement of the area of an owner-developer’s registration......................................... 15

For each cooperative certificate issued to an out-of-state broker licensee for 1 year or fraction thereof    40

For each original accreditation of a course of continuing education................................................ 50

For each renewal of accreditation of a course of continuing education........................................... 10

 

     2.  The fees prescribed for courses of continuing education do not apply to any university or community college of the University and Community College System of Nevada.”.

     Amend sec. 7, page 5, by deleting lines 18 through 20 and inserting “himself.”.

     Amend sec. 8, page 5, line 21, by deleting:

“5, 6 and 7” and inserting:

“6 and 8”.

     Amend sec. 8, page 5, by deleting line 23 and inserting:

     “2.  Sections 4, 5 and 7 of this act become effective on July 1, 2002.”.

     Amend the title of the bill by deleting the third line and inserting:

“of such real estate licensees; revising the schedule of fees paid to the real estate division of the department of business and industry;”.