REQUIRES TWO-THIRDS MAJORITY VOTE (§§ 4, 7, 12, 15, 17, 19, 22, 24-26, 28, 30-32, 35, 36, 40, 43, 45, 47, 48, 50, 52-56, 59, 61, 63) exempt
(Reprinted with amendments adopted on April 21, 2003)
FIRST REPRINT S.B. 428
Senate Bill No. 428–Committee on Commerce and Labor
(On
Behalf of the Department of Business and
Industry, Real Estate Division)
March 24, 2003
____________
Referred to Committee on Commerce and Labor
SUMMARY—Makes various changes regarding certain state agencies that regulate real estate practices and professions. (BDR 54‑471)
FISCAL NOTE: Effect on Local Government: Yes.
Effect on the State: Yes.
~
EXPLANATION
– Matter in bolded italics is new; matter
between brackets [omitted material] is material to be omitted.
Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).
AN ACT relating to real estate; making various changes regarding the powers and duties of the Real Estate Commission, the Real Estate Division of the Department of Business and Industry and the Commission of Appraisers of Real Estate; revising provisions governing the regulation of property managers; authorizing certain agencies to conduct business electronically; authorizing the investigation and audit of certain accounts of a real estate broker; expanding the power of certain agencies to impose fines and penalties for certain unlawful conduct and to deny, suspend and revoke licenses under certain circumstances; increasing certain fees and authorizing certain agencies to establish other fees by regulation; making certain conduct unlawful; providing penalties; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
2-1 Section 1. Chapter 645 of NRS is hereby amended by adding
2-2 thereto the provisions set forth as sections 2 to 8, inclusive, of this
2-3 act.
2-4 Sec. 2. “Designated property manager” means a person who
2-5 has the qualifications required by section 3 of this act to be a
2-6 designated property manager and who is appointed as the
2-7 designated property manager for an office pursuant to section 3 of
2-8 this act.
2-9 Sec. 3. 1. If a real estate broker does not hold a permit to
2-10 engage in property management but intends to have property
2-11 management activities conducted at an office, the real estate
2-12 broker must:
2-13 (a) Appoint a person, who has the qualifications required by
2-14 this section, as the designated property manager for the office to
2-15 supervise the property management activities conducted at the
2-16 office; and
2-17 (b) Submit notice of the appointment to the Division.
2-18 2. The designated property manager for an office must be a
2-19 natural person who:
2-20 (a) Holds a license as a real estate broker or real estate broker-
2-21 salesman;
2-22 (b) Holds a permit to engage in property management; and
2-23 (c) Has 2 years active experience, within the 4 years
2-24 immediately preceding the date of the appointment, in conducting
2-25 property management activities in the United States as a licensed
2-26 real estate broker, real estate broker-salesman or real estate
2-27 salesman.
2-28 3. While acting as the designated property manager for an
2-29 office, the person:
2-30 (a) Must comply with the provisions of this section and NRS
2-31 645.6052 to 645.6058, inclusive, and all other applicable
2-32 provisions of this chapter; and
2-33 (b) Is subject to all the remedies and penalties provided for in
2-34 this chapter.
2-35 Sec. 4. 1. The Administrator may adopt regulations which
2-36 establish procedures for the Division to conduct business
2-37 electronically pursuant to title 59 of NRS with persons who are
2-38 regulated pursuant to this chapter and with any other persons with
2-39 whom the Division conducts business. The regulations may
2-40 include, without limitation, the establishment of fees to pay the
2-41 costs of conducting business electronically with the Division.
2-42 2. In addition to the process authorized by NRS 719.280, if
2-43 the Division is conducting business electronically with a person
2-44 and a law requires a signature or record to be notarized,
2-45 acknowledged, verified or made under oath, the Division may
3-1 allow the person to substitute a declaration that complies with the
3-2 provisions of NRS 53.045 to satisfy the legal requirement.
3-3 3. The Division may refuse to conduct business electronically
3-4 with a person who has failed to pay money which the person owes
3-5 to the Division or the Commission.
3-6 Sec. 5. 1. The Division may investigate and audit all
3-7 financial accounts related to the business of a real estate broker,
3-8 regardless of whether it is a trust account, if the Division has
3-9 reasonable cause to believe that the broker is using or has used the
3-10 account to operate or carry on the broker’s business and the
3-11 Division:
3-12 (a) Has reasonable cause to believe or has received a credible
3-13 complaint that the real estate broker is insolvent or is in any
3-14 financial condition or has engaged in any financial practice which
3-15 creates a substantial risk of insolvency; or
3-16 (b) Determines that the investigation and audit is reasonably
3-17 necessary to assist the Division in administering or enforcing any
3-18 other provision of this chapter or any other statute that the
3-19 Division is charged with administering or enforcing.
3-20 2. The Commission shall adopt regulations prescribing the
3-21 scope of an audit conducted pursuant to this section.
3-22 3. The Commission may take action pursuant to NRS 645.630
3-23 against:
3-24 (a) Any real estate broker or other licensee who knowingly
3-25 fails to cooperate or comply with or knowingly impedes or
3-26 interferes with any investigation or audit conducted by the
3-27 Division pursuant to this section; or
3-28 (b) Any real estate broker who is insolvent or who is in any
3-29 financial condition or has engaged in any financial practice which
3-30 creates a substantial risk of insolvency.
3-31 4. As used in this section, “insolvent” or “insolvency” means
3-32 a condition in which a real estate broker is unable to meet the
3-33 liabilities of the broker’s business as those liabilities become due
3-34 in the regular course of the broker’s business and which creates a
3-35 substantial risk of harm to the public or a consumer.
3-36 Sec. 6. In addition to any other remedy or penalty, the
3-37 Commission or the Division, as appropriate, may:
3-38 1. Refuse to issue a license, permit, certificate or registration
3-39 to a person who has failed to pay money which the person owes to
3-40 the Commission or the Division.
3-41 2. Refuse to renew, or suspend or revoke, the license, permit,
3-42 certificate or registration of a person who has failed to pay money
3-43 which the person owes to the Commission or the Division.
4-1 Sec. 7. 1. In addition to any other remedy or penalty, the
4-2 Commission may impose an administrative fine against any
4-3 person who knowingly:
4-4 (a) Engages or offers to engage in any activity for which a
4-5 license, permit, certificate or registration or any type of
4-6 authorization is required pursuant to this chapter, or any
4-7 regulation adopted pursuant thereto, if the person does not hold
4-8 the required license, permit, certificate or registration or has not
4-9 been given the required authorization; or
4-10 (b) Assists or offers to assist another person to commit a
4-11 violation described in paragraph (a).
4-12 2. If the Commission imposes an administrative fine against a
4-13 person pursuant to this section, the amount of the administrative
4-14 fine may not exceed the amount of any gain or economic benefit
4-15 that the person derived from the violation or $5,000, whichever
4-16 amount is greater.
4-17 3. In determining the appropriate amount of the
4-18 administrative fine, the Commission shall consider:
4-19 (a) The severity of the violation and the degree of any harm
4-20 that the violation caused to other persons;
4-21 (b) The nature and amount of any gain or economic benefit
4-22 that the person derived from the violation;
4-23 (c) The person’s history or record of other violations; and
4-24 (d) Any other facts or circumstances that the Commission
4-25 deems to be relevant.
4-26 4. Before the Commission may impose the administrative
4-27 fine, the Commission must provide the person with notice and an
4-28 opportunity to be heard.
4-29 5. The person is entitled to judicial review of the decision of
4-30 the Commission in the manner provided by chapter 233B of NRS.
4-31 6. The provisions of this section do not apply to a person who
4-32 engages or offers to engage in activities within the purview of this
4-33 chapter if:
4-34 (a) A specific statute exempts the person from complying with
4-35 the provisions of this chapter with regard to those activities; and
4-36 (b) The person is acting in accordance with the exemption
4-37 while engaging or offering to engage in those activities.
4-38 Sec. 8. 1. It is unlawful for any person to file with the
4-39 Administrator, the Division or the Commission any notice,
4-40 statement, complaint or other document required under the
4-41 provisions of this chapter which is false or which contains any
4-42 willful, material misstatement of fact.
4-43 2. A person who violates any provision of this section is guilty
4-44 of a gross misdemeanor.
5-1 Sec. 9. NRS 645.0005 is hereby amended to read as follows:
5-2 645.0005 As used in this chapter, unless the context otherwise
5-3 requires, the words and terms defined in NRS 645.001 to 645.040,
5-4 inclusive, and section 2 of this act have the meanings ascribed to
5-5 them in those sections.
5-6 Sec. 10. NRS 645.230 is hereby amended to read as follows:
5-7 645.230 1. It is unlawful for any person, limited-liability
5-8 company, partnership, association or corporation to engage in the
5-9 business of, act in the capacity of, advertise or assume to act as, a:
5-10 (a) Real estate broker, real estate broker-salesman or real estate
5-11 salesman within the State of Nevada without first obtaining the
5-12 appropriate license from the Real Estate Division as provided for in
5-13 this chapter; [or]
5-14 (b) Property manager within the State of Nevada without first
5-15 obtaining from the Real Estate Division as provided for in this
5-16 chapter a license as a real estate broker, real estate broker-salesman
5-17 or real estate salesman and a permit to engage in property
5-18 management[.] ; or
5-19 (c) Designated property manager within the State of Nevada
5-20 without complying with the provisions of section 3 of this act.
5-21 2. The Real Estate Division may prefer a complaint for a
5-22 violation of this section before any court of competent jurisdiction
5-23 and may assist in presenting the law or facts upon any trial for a
5-24 violation of this section.
5-25 3. The district attorney of each county shall prosecute all
5-26 violations of this section in their respective counties in which
5-27 violations occur, unless prosecuted by the Attorney General. Upon
5-28 the request of the Administrator, the Attorney General shall
5-29 prosecute any violation of this section in lieu of the district attorney.
5-30 Sec. 11. (Deleted by amendment.)
5-31 Sec. 12. NRS 645.355 is hereby amended to read as follows:
5-32 645.355 [An]
5-33 1. Each applicant for a license as a real estate broker, broker-
5-34 salesman or salesman [in this state] must pay a fee for the costs of
5-35 an investigation of the applicant’s background.
5-36 2. Each applicant must, as part of his application[, be
5-37 fingerprinted. Each applicant shall,] and at his own expense[, and] :
5-38 (a) Arrange to have a complete set of his fingerprints taken by
5-39 a law enforcement agency or other authorized entity acceptable to
5-40 the Division on a fingerprint card provided by the law enforcement
5-41 agency or other authorized entity for that purpose; and
5-42 (b) Submit to the Division[, arrange to be fingerprinted by any
5-43 police or sheriff’s office and shall attach his] the fingerprint card [,
5-44 after his fingerprints are taken, to his application.] and written
5-45 permission authorizing the Division to submit the applicant’s
6-1 fingerprints to the Central Repository for Nevada Records of
6-2 Criminal History for submission to the Federal Bureau of
6-3 Investigation for a report on the applicant’s background and to
6-4 such other law enforcement agencies as the Division deems
6-5 necessary.
6-6 3. The Division may [mail] :
6-7 (a) Submit the applicant’s [fingerprint card to the Federal
6-8 Bureau of Investigation, Washington, D.C., for its report,]
6-9 fingerprints to the Central Repository for submission to the
6-10 Federal Bureau of Investigation and to such other law enforcement
6-11 agencies as the Division [may deem necessary.] deems necessary;
6-12 and
6-13 (b) Request from each such agency any information regarding
6-14 the applicant’s background as the Division deems necessary.
6-15 Sec. 13. NRS 645.490 is hereby amended to read as follows:
6-16 645.490 1. Upon satisfactorily passing the written
6-17 examination and upon complying with all other provisions of law
6-18 and conditions of this chapter, a license shall thereupon be granted
6-19 by the Division to the successful applicant therefor as a real estate
6-20 broker, broker-salesman or salesman, and the applicant, upon
6-21 receiving the license, may conduct the business of a real estate
6-22 broker, broker-salesman or salesman in this state.
6-23 2. The Division shall issue licenses as a real estate broker,
6-24 broker-salesman or salesman to all applicants who qualify and
6-25 comply with all provisions of law and all requirements of this
6-26 chapter.
6-27 3. [A] Except as otherwise provided in NRS 645.840:
6-28 (a) An original license as a real estate broker, broker-salesman
6-29 or salesman [shall renew his license] must be renewed with the
6-30 Division [within 1 year immediately after initial licensing and
6-31 thereafter shall renew his license every 2 years.] before the
6-32 expiration of the initial license period of 12 consecutive months as
6-33 prescribed in NRS 645.780; and
6-34 (b) Thereafter, the license must be renewed with the Division
6-35 before the expiration of each subsequent license period of 24
6-36 consecutive months as prescribed in NRS 645.780.
6-37 Sec. 14. NRS 645.575 is hereby amended to read as follows:
6-38 645.575 1. The Commission shall adopt regulations that
6-39 prescribe the standards for the continuing education of persons
6-40 licensed pursuant to this chapter . [by adopting regulations which
6-41 include:] Until the Commission adopts such regulations, the
6-42 standards for continuing education are as follows:
6-43 (a) For renewal of a license which is on active status, a
6-44 requirement for the hours of attendance at any approved educational
6-45 course, seminar or conference of:
7-1 (1) Thirty hours within the first year immediately after initial
7-2 licensing; and
7-3 (2) Fifteen hours within each subsequent 2-year period
7-4 before renewal.
7-5 For each period, at least 6 of the hours must be devoted to ethics,
7-6 professional conduct or the legal aspects of real estate.
7-7 (b) For reinstatement of a license which has been placed on
7-8 inactive status, a requirement for total attendance at any approved
7-9 educational course, seminar or conference of:
7-10 (1) Thirty hours if the license was on inactive status for 2
7-11 years or less during the initial license period;
7-12 (2) Fifteen hours if the license was on inactive status for a
7-13 period of 2 years or less, no part of which was during the initial
7-14 license period;
7-15 (3) Forty-five hours if the license was on inactive status for a
7-16 period of more than 2 years, part of which was during the initial
7-17 license period; or
7-18 (4) Thirty hours if the license was on inactive status for a
7-19 period of more than 2 years, no part of which was during the initial
7-20 license period.
7-21 For each period, at least 6 of the hours must be devoted to ethics,
7-22 professional conduct or the legal aspects of real estate.
7-23 (c) A basis and method of qualifying educational programs and
7-24 certifying attendance which will satisfy the requirements of this
7-25 section.
7-26 (d) A procedure for the evaluation of petitions based on a claim
7-27 of equivalency with the requirements of paragraph (a) or (b).
7-28 (e) A system of controlling and reporting qualifying attendance.
7-29 (f) A statement of the conditions for which an extension of time
7-30 may be granted to comply with the continuing education
7-31 requirements as well as a method of applying and qualifying for an
7-32 extension.
7-33 2. The standards prescribed in subsection 1 must permit
7-34 alternatives of subject material, taking cognizance of specialized
7-35 areas of practice and alternatives in sources of programs considering
7-36 availability in area and time. The standards must include, where
7-37 qualified, generally accredited educational institutions, private
7-38 vocational schools, educational programs and seminars of
7-39 professional societies and organizations, other organized educational
7-40 programs on technical subjects, or equivalent offerings. The
7-41 Commission shall qualify only those educational courses that it
7-42 determines address the appropriate subject matter and are given by
7-43 an accredited university or community college. Subject to the
7-44 provisions of this section, the Commission has exclusive authority
8-1 to determine what is an appropriate subject matter for qualification
8-2 as a continuing education course.
8-3 3. In addition to any other standards for continuing
8-4 education that the Commission adopts by regulation pursuant to
8-5 this section, the Commission may, without limitation, adopt by
8-6 regulation standards for continuing education that:
8-7 (a) Establish a post-licensing curriculum of continuing
8-8 education which must be completed by a person within the first
8-9 year immediately after initial licensing of the person.
8-10 (b) Require a person whose license as a real estate broker or
8-11 real estate broker-salesman has been placed on inactive status for
8-12 any reason for 1 year or more or has been suspended or revoked to
8-13 complete a course of instruction in broker management that is
8-14 designed to fulfill the educational requirements for issuance of a
8-15 license which are described in paragraph (d) of subsection 2 of
8-16 NRS 645.343, before the person’s license is reissued or reinstated.
8-17 4. Except as otherwise provided in this subsection, the license
8-18 of a real estate broker, broker-salesman or salesman must not be
8-19 renewed or reinstated unless the Administrator finds that the
8-20 applicant for the renewal license or for reinstatement to active status
8-21 has completed the continuing education required by this chapter.
8-22 Any amendment or repeal of a regulation does not operate to
8-23 prevent an applicant from complying with this section for the next
8-24 licensing period following the amendment or repeal.
8-25 Sec. 15. NRS 645.6052 is hereby amended to read as follows:
8-26 645.6052 1. A person who is licensed pursuant to this chapter
8-27 as a real estate broker, real estate broker-salesman or real estate
8-28 salesman may apply to the Real Estate Division for a permit to
8-29 engage in property management.
8-30 2. An applicant for a permit must:
8-31 (a) Furnish proof satisfactory to the Division that he has
8-32 successfully completed at least 24 classroom hours of instruction in
8-33 property management; and
8-34 (b) Comply with all other requirements established by the
8-35 Commission for the issuance of a permit.
8-36 3. A permit expires, and may be renewed, at the same time as
8-37 the license of the holder of the permit.
8-38 4. An applicant for the renewal of a permit must:
8-39 (a) Furnish proof satisfactory to the Division that he has
8-40 successfully completed at least 3 of the hours of the continuing
8-41 education required for the renewal of his license pursuant to NRS
8-42 645.575 in an approved educational course, seminar or conference
8-43 concerning property management; and
8-44 (b) Comply with all other requirements established by the
8-45 Commission for the renewal of a permit.
9-1 5. The Commission may adopt such regulations as it
9-2 determines are necessary to carry out the provisions of this section.
9-3 The regulations may, without limitation:
9-4 (a) Establish additional requirements for the issuance or renewal
9-5 of a permit.
9-6 (b) Establish [a fee] fees for the issuance and renewal of a
9-7 permit[.] and fees to pay the costs of:
9-8 (1) Any examination for a permit, including any costs
9-9 which are necessary for the administration of such an
9-10 examination.
9-11 (2) Any investigation of an applicant’s background.
9-12 (c) Set forth standards of education for the approval of a course
9-13 of instruction to qualify [a person] an applicant for a permit .
9-14 [pursuant to this section.]
9-15 Sec. 16. NRS 645.6058 is hereby amended to read as follows:
9-16 645.6058 1. Except as otherwise provided in subsection 3, all
9-17 fees, penalties and fines received by the Division pursuant to the
9-18 provisions of NRS 645.6052 to 645.6058, inclusive, and section 3
9-19 of this act must be deposited with the State Treasurer for credit to
9-20 the Division. The money must be used by the Division for the
9-21 administration of the provisions of NRS 645.6052 to 645.6058,
9-22 inclusive[.] , and section 3 of this act.
9-23 2. The Division may delegate to a hearing officer or panel its
9-24 authority to take any disciplinary action against property managers,
9-25 impose and collect fines pursuant to the disciplinary action and
9-26 deposit the money with the State Treasurer for credit to the
9-27 Division.
9-28 3. If a hearing officer or panel is not authorized to take
9-29 disciplinary action pursuant to subsection 2, the Division shall
9-30 deposit the money collected from the imposition of penalties and
9-31 fines collected from property managers with the State Treasurer for
9-32 credit to the State General Fund. The Division may present a claim
9-33 to the State Board of Examiners for recommendation to the Interim
9-34 Finance Committee if money is needed to pay an attorney’s fee or
9-35 the costs of an investigation, or both.
9-36 Sec. 17. NRS 645.6065 is hereby amended to read as follows:
9-37 645.6065 1. Except as otherwise provided in NRS 645.607, a
9-38 person shall not act as a qualified intermediary unless he is
9-39 registered as such with the Division. The Division may adopt such
9-40 regulations as it deems necessary to carry out the provisions of NRS
9-41 645.606 to 645.609, inclusive.
9-42 2. [A person may] To apply for registration [by paying to] , a
9-43 person must pay the Division a fee of $100 [fee plus the actual cost
9-44 of a background investigation conducted by the Federal Bureau of
10-1 Investigation and filing with] and a fee to pay the costs of an
10-2 investigation of the person’s background.
10-3 3. In addition to the requirements set forth in subsection 2,
10-4 the person must submit to the Division:
10-5 (a) The following information on a form provided by the
10-6 Division:
10-7 (1) The applicant’s name, address and telephone number;
10-8 (2) The name under which the applicant will hold the money
10-9 or other property of a client;
10-10 (3) The names, residence and business addresses of all
10-11 persons having an interest in the business as principals, partners,
10-12 officers, trustees or directors, specifying the capacity and title of
10-13 each;
10-14 (4) If the applicant is a natural person, the social security
10-15 number of the applicant; and
10-16 (5) The length of time the applicant has been engaged in the
10-17 business of acting as such an intermediary; and
10-18 (b) If the person is a natural person, the statement required
10-19 pursuant to NRS 645.6068 . [; and
10-20 (c) A card provided by the Division upon which the applicant’s
10-21 fingerprints, taken by an agency of law enforcement, are displayed.
10-22 3.] 4. Each applicant must, as part of his application and at
10-23 his own expense:
10-24 (a) Arrange to have a complete set of his fingerprints taken by
10-25 a law enforcement agency or other authorized entity acceptable to
10-26 the Division on a fingerprint card provided by the law enforcement
10-27 agency or other authorized entity for that purpose; and
10-28 (b) Submit to the Division the completed fingerprint card and
10-29 written permission authorizing the Division to submit the
10-30 applicant’s fingerprints to the Central Repository for Nevada
10-31 Records of Criminal History for submission to the Federal Bureau
10-32 of Investigation for a report on the applicant’s background and to
10-33 such other law enforcement agencies as the Division deems
10-34 necessary.
10-35 5. The Division [shall:
10-36 (a) Mail the card upon which the applicant’s fingerprints are
10-37 displayed] may:
10-38 (a) Submit the applicant’s fingerprints to the Central
10-39 Repository for submission to the Federal Bureau of Investigation[;]
10-40 and to such other law enforcement agencies as the Division deems
10-41 necessary; and
10-42 (b) Request from [the Bureau] each such agency any
10-43 information regarding the applicant’s [criminal history] background
10-44 as the Division deems necessary.
11-1 [4.] 6. Registration pursuant to this section must be renewed
11-2 each year on or before the date of the original registration by
11-3 providing the information required by the Division for that purpose
11-4 and paying a renewal fee of $75.
11-5 Sec. 18. NRS 645.780 is hereby amended to read as follows:
11-6 645.780 [Every]
11-7 1. Each license issued under the provisions of this chapter
11-8 expires at midnight on the last day of the last month of [a] the
11-9 applicable license period[. A] for the license.
11-10 2. The initial license period for an original license as a real
11-11 estate broker, broker-salesman or salesman is a period of 12
11-12 consecutive months beginning on the first day of the first calendar
11-13 month after the original license is issued by the Division.
11-14 Thereafter, each subsequent license period is a period of 24
11-15 consecutive months beginning on the first day of the first calendar
11-16 month after a renewal of the license is issued[.] by the Division for
11-17 the subsequent license period.
11-18 3. For all other licenses, the license period is a period of 24
11-19 consecutive months beginning on the first day of the first calendar
11-20 month after the license or any renewal of the license is issued by
11-21 the Division, unless a specific statute:
11-22 (a) Provides for a different license period; or
11-23 (b) Expressly authorizes a different license period to be
11-24 provided for by regulation.
11-25 Sec. 19. NRS 645.830 is hereby amended to read as follows:
11-26 645.830 1. The following fees must be charged by and paid
11-27 to the Division:
11-28 For each original real estate broker’s, broker-
11-29 salesman’s or corporate broker’s license[$85] $105
11-30 For each original real estate salesman’s license [65] 85
11-31 For each original branch office license[100] 120
11-32 For real estate education, research and recovery
11-33 to be paid at the time an [original] application
11-34 for [a] an original license is filed[20]40
11-35 For real estate education, research and recovery
11-36 to be paid at the time an application for [a]
11-37 renewalof a license is [renewed] filed40
11-38 For each renewal of a real estate broker’s,
11-39 broker-salesman’s or corporate broker’s license [170] 180
11-40 For each renewal of a real estate salesman’s
11-41 license....................................... [130] 140
11-42 For each renewal of a real estate branch office
11-43 license....................................... [100] 110
12-1 For each penalty for late filing of a renewal for a
12-2 broker’s, broker-salesman’s or corporate
12-3 broker’s license........................... [85] $95
12-4 For each penalty for late filing of a renewal for a
12-5 salesman’s license......................... [65] 75
12-6 For each change of name or address[10] 20
12-7 For each transfer of a real estate salesman’s or
12-8 broker-salesman’s license and change of
12-9 association or employment........... [10] 20
12-10 For each duplicate license where the original
12-11 license is lost or destroyed, and an affidavit is
12-12 made thereof................................. [10] 20
12-13 For each change of broker status from broker to
12-14 broker-salesman, [orthereverse][10] 20
12-15 For each change of broker status from broker-
12-16 salesman to broker.............................. 40
12-17 For each reinstatement to active status of an
12-18 inactive real estate broker’s, broker-salesman’s
12-19 or salesman’s license.................... [10] 20
12-20 For each reinstatement of a real estate broker’s
12-21 license when the licensee fails to give immediate
12-22 written notice to the Division of a change of
12-23 name or business location............ [20] 30
12-24 For each reinstatement of a real estate
12-25 salesman’s or broker-salesman’s license when
12-26 he fails to notify the Division of a change of
12-27 broker within 30 days of termination by previous
12-28 broker............................................ [20] 30
12-29 For each original registration of an owner-
12-30 developer.................................. [100] 125
12-31 For each annual renewal of a registration of an
12-32 owner-developer...................... [100] 125
12-33 For each enlargement of the area of an owner-
12-34 developer’s registration............... [15] 50
12-35 For each cooperative certificate issued to an out-
12-36 of-state broker licensee for 1 year or fraction
12-37 thereof......................................... [40] 150
12-38 For each original accreditation of a course of
12-39 continuing education................. [50] 100
12-40 For each renewal of accreditation of a course of
12-41 continuing education.................... [10] 50
12-42 For each annual approval of a course of
12-43 instruction offered in preparation for an
12-44 original license or permit................. 100
13-1 2. The fees prescribed by this section for courses of
13-2 instruction offered in preparation for an original license or permit
13-3 or for courses of continuing education do not apply to [any] :
13-4 (a) Any university or community college of the University and
13-5 Community College System of Nevada.
13-6 (b) Any agency of the State.
13-7 (c) Any regulatory agency of the Federal Government.
13-8 3. The Commission shall adopt regulations which establish
13-9 the fees to be charged and collected by the Division to pay the
13-10 costs of any investigation of a person’s background.
13-11 Sec. 20. NRS 645.842 is hereby amended to read as follows:
13-12 645.842 1. The Real Estate Education, Research and
13-13 Recovery Fund is hereby created as a special revenue fund.
13-14 2. A balance of not less than $50,000 must be maintained in the
13-15 Fund, to be used for satisfying claims against persons licensed under
13-16 this chapter, as provided in NRS 645.841 to 645.8494, inclusive.
13-17 Any balance over $50,000 at the end of any fiscal year must be set
13-18 aside and used by the Administrator, after approval of the
13-19 Commission, for real estate education and research.
13-20 3. The interest and income earned on the money in the Fund,
13-21 after deducting any applicable charges, must be credited to the
13-22 Fund.
13-23 Sec. 21. Chapter 645C of NRS is hereby amended by adding
13-24 thereto the provisions set forth as sections 22, 23 and 24 of this act.
13-25 Sec. 22. 1. The Administrator may adopt regulations which
13-26 establish procedures for the Division to conduct business
13-27 electronically pursuant to title 59 of NRS with persons who are
13-28 regulated pursuant to this chapter and with any other persons with
13-29 whom the Division conducts business. The regulations may
13-30 include, without limitation, the establishment of fees to pay the
13-31 costs of conducting business electronically with the Division.
13-32 2. In addition to the process authorized by NRS 719.280, if
13-33 the Division is conducting business electronically with a person
13-34 and a law requires a signature or record to be notarized,
13-35 acknowledged, verified or made under oath, the Division may
13-36 allow the person to substitute a declaration that complies with the
13-37 provisions of NRS 53.045 to satisfy the legal requirement.
13-38 3. The Division may refuse to conduct business electronically
13-39 with a person who has failed to pay money which the person owes
13-40 to the Division or the Commission.
13-41 Sec. 23. In addition to any other remedy or penalty, the
13-42 Commission or the Division, as appropriate, may:
13-43 1. Refuse to issue a certificate, license or registration card to
13-44 a person who has failed to pay money which the person owes to
13-45 the Commission or the Division.
14-1 2. Refuse to renew, or suspend or revoke, the certificate,
14-2 license or registration card of a person who has failed to pay
14-3 money which the person owes to the Commission or the Division.
14-4 Sec. 24. 1. In addition to any other remedy or penalty, the
14-5 Commission may impose an administrative fine against any
14-6 person who knowingly:
14-7 (a) Engages or offers to engage in any activity for which a
14-8 certificate, license or registration card or any type of authorization
14-9 is required pursuant to this chapter, or any regulation adopted
14-10 pursuant thereto, if the person does not hold the required
14-11 certificate, license or registration card or has not been given the
14-12 required authorization; or
14-13 (b) Assists or offers to assist another person to commit a
14-14 violation described in paragraph (a).
14-15 2. If the Commission imposes an administrative fine against a
14-16 person pursuant to this section, the amount of the administrative
14-17 fine may not exceed the amount of any gain or economic benefit
14-18 that the person derived from the violation or $5,000, whichever
14-19 amount is greater.
14-20 3. In determining the appropriate amount of the
14-21 administrative fine, the Commission shall consider:
14-22 (a) The severity of the violation and the degree of any harm
14-23 that the violation caused to other persons;
14-24 (b) The nature and amount of any gain or economic benefit
14-25 that the person derived from the violation;
14-26 (c) The person’s history or record of other violations; and
14-27 (d) Any other facts or circumstances that the Commission
14-28 deems to be relevant.
14-29 4. Before the Commission may impose the administrative
14-30 fine, the Commission must provide the person with notice and an
14-31 opportunity to be heard.
14-32 5. The person is entitled to judicial review of the decision of
14-33 the Commission in the manner provided by chapter 233B of NRS.
14-34 6. The provisions of this section do not apply to a person who
14-35 engages or offers to engage in activities within the purview of this
14-36 chapter if:
14-37 (a) A specific statute exempts the person from complying with
14-38 the provisions of this chapter with regard to those activities; and
14-39 (b) The person is acting in accordance with the exemption
14-40 while engaging or offering to engage in those activities.
14-41 Sec. 25. NRS 645C.300 is hereby amended to read as follows:
14-42 645C.300 1. [Every] Each application for a certificate,
14-43 license or registration card must include the social security number
14-44 of the applicant and be accompanied by the fee for the certificate,
14-45 license or registration card[.
15-1 2. Each] and the fee to pay the costs of an investigation of the
15-2 applicant’s background.
15-3 2. Each applicant must[:
15-4 (a) At] , as part of his application and at his own expense [and]
15-5 :
15-6 (a) Arrange to have a complete set of his fingerprints taken by
15-7 a law enforcement agency or other authorized entity acceptable to
15-8 the Division on a fingerprint card provided by the law enforcement
15-9 agency or other authorized entity for that purpose; and
15-10 (b) Submit to the Division[, arrange to be fingerprinted by an
15-11 agency of law enforcement; and
15-12 (b) Attach] the completed fingerprint card [to his application.]
15-13 and written permission authorizing the Division to submit the
15-14 applicant’s fingerprints to the Central Repository for Nevada
15-15 Records of Criminal History for submission to the Federal Bureau
15-16 of Investigation for a report on the applicant’s background and to
15-17 such other law enforcement agencies as the Division deems
15-18 necessary.
15-19 3. The Division may:
15-20 (a) [Mail the card] Submit the applicant’s fingerprints to the
15-21 Central Repository for submission to the Federal Bureau of
15-22 Investigation [or any other agency of] and to such other law
15-23 enforcement[;] agencies as the Division deems necessary; and
15-24 (b) Request from each such [an] agency any information
15-25 regarding the applicant’s [criminal history] background as the
15-26 Division deems necessary.
15-27 Sec. 26. NRS 645C.450 is hereby amended to read as follows:
15-28 645C.450 1. The following fees may be charged and
15-29 collected by the Division:
15-30 Application for a certificate, license or registration
15-31 card................................................... $100
15-32 Issuance or renewal of a certificate or license as a
15-33 residential appraiser........................... 290
15-34 Issuance or renewal of a certificate as a general
15-35 appraiser.............................................. 390
15-36 Issuance of a permit........................... 115
15-37 Issuance or renewal of a registration card.. 190
15-38 Issuance of a duplicate certificate or license for an
15-39 additional office................................... 50
15-40 Change in the name or location of a business[10] 20
15-41 Reinstatement of an inactive certificate or license[10] 30
15-42 Annual approval of a course of instruction offered in
15-43 preparation for an initial certificate or license 100
16-1 [Annual] Original approval of a course of
16-2 instruction offered for continuing education $100
16-3 Renewal of approval of a course of instruction
16-4 offered for continuing education.......... 50
16-5 2. The Division shall adopt regulations which establish the fees
16-6 to be charged and collected by the Division to pay [for:
16-7 (a) The] the costs of:
16-8 (a) Any examination for a certificate or license[; and
16-9 (b) Any additional expenses] , including any costs which are
16-10 necessary for the administration of [the] such an examination.
16-11 (b) Any investigation of a person’s background.
16-12 Sec. 27. Chapter 645D of NRS is hereby amended by adding
16-13 thereto the provisions set forth as sections 28, 29 and 30 of this act.
16-14 Sec. 28. 1. The Administrator may adopt regulations which
16-15 establish procedures for the Division to conduct business
16-16 electronically pursuant to title 59 of NRS with persons who are
16-17 regulated pursuant to this chapter and with any other persons with
16-18 whom the Division conducts business. The regulations may
16-19 include, without limitation, the establishment of fees to pay the
16-20 costs of conducting business electronically with the Division.
16-21 2. In addition to the process authorized by NRS 719.280, if
16-22 the Division is conducting business electronically with a person
16-23 and a law requires a signature or record to be notarized,
16-24 acknowledged, verified or made under oath, the Division may
16-25 allow the person to substitute a declaration that complies with the
16-26 provisions of NRS 53.045 to satisfy the legal requirement.
16-27 3. The Division may refuse to conduct business electronically
16-28 with a person who has failed to pay money which the person owes
16-29 to the Division.
16-30 Sec. 29. In addition to any other remedy or penalty, the
16-31 Administrator may:
16-32 1. Refuse to issue a certificate to a person who has failed to
16-33 pay money which the person owes to the Division.
16-34 2. Refuse to renew, or suspend or revoke, the certificate of a
16-35 person who has failed to pay money which the person owes to the
16-36 Division.
16-37 Sec. 30. 1. In addition to any other remedy or penalty, the
16-38 Administrator may impose an administrative fine against any
16-39 person who knowingly:
16-40 (a) Engages or offers to engage in any activity for which a
16-41 certificate or any type of authorization is required pursuant to this
16-42 chapter, or any regulation adopted pursuant thereto, if the person
16-43 does not hold the required certificate or has not been given the
16-44 required authorization; or
17-1 (b) Assists or offers to assist another person to commit a
17-2 violation described in paragraph (a).
17-3 2. If the Administrator imposes an administrative fine against
17-4 a person pursuant to this section, the amount of the administrative
17-5 fine may not exceed the amount of any gain or economic benefit
17-6 that the person derived from the violation or $5,000, whichever
17-7 amount is greater.
17-8 3. In determining the appropriate amount of the
17-9 administrative fine, the Administrator shall consider:
17-10 (a) The severity of the violation and the degree of any harm
17-11 that the violation caused to other persons;
17-12 (b) The nature and amount of any gain or economic benefit
17-13 that the person derived from the violation;
17-14 (c) The person’s history or record of other violations; and
17-15 (d) Any other facts or circumstances that the Administrator
17-16 deems to be relevant.
17-17 4. Before the Administrator may impose the administrative
17-18 fine, the Administrator must provide the person with notice and an
17-19 opportunity to be heard.
17-20 5. The person is entitled to judicial review of the decision of
17-21 the Administrator in the manner provided by chapter 233B of
17-22 NRS.
17-23 6. The provisions of this section do not apply to a person who
17-24 engages or offers to engage in activities within the purview of this
17-25 chapter if:
17-26 (a) A specific statute exempts the person from complying with
17-27 the provisions of this chapter with regard to those activities; and
17-28 (b) The person is acting in accordance with the exemption
17-29 while engaging or offering to engage in those activities.
17-30 Sec. 31. NRS 645D.180 is hereby amended to read as follows:
17-31 645D.180 1. [Every] Each application for a certificate must
17-32 be accompanied by the fee for the certificate[.
17-33 2. Each] and the fee to pay the costs of an investigation of the
17-34 applicant’s background.
17-35 2. Each applicant must[:
17-36 (a) At] , as part of his application and at his own expense [and]
17-37 :
17-38 (a) Arrange to have a complete set of his fingerprints taken by
17-39 a law enforcement agency or other authorized entity acceptable to
17-40 the Division on a fingerprint card provided by the law enforcement
17-41 agency or other authorized entity for that purpose; and
17-42 (b) Submit to the Division[, arrange to be fingerprinted by an
17-43 agency of law enforcement; and
17-44 (b) Attach] the completed fingerprint card [to his application.]
17-45 and written permission authorizing the Division to submit the
18-1 applicant’s fingerprints to the Central Repository for Nevada
18-2 Records of Criminal History for submission to the Federal Bureau
18-3 of Investigation for a report on the applicant’s background and to
18-4 such other law enforcement agencies as the Division deems
18-5 necessary.
18-6 3. The Division may:
18-7 (a) Require more than one complete set of fingerprints;
18-8 (b) [Mail a completed card] Submit the applicant’s fingerprints
18-9 to the Central Repository for submission to the Federal Bureau of
18-10 Investigation [or any other agency of] and to such other law
18-11 enforcement[;] agencies as the Division deems necessary; and
18-12 (c) Request from each such [an] agency any information
18-13 regarding the applicant’s [criminal history] background that the
18-14 Division deems necessary.
18-15 Sec. 32. NRS 645D.240 is hereby amended to read as follows:
18-16 645D.240 1. The following fees must be charged and
18-17 collected by the Division:
18-18 [Application] For each application for a certificate$100
18-19 [Issuance] For the issuance or renewal of a certificate250
18-20 For each penalty for a late renewal of a certificate 125
18-21 For each change of name, address or association 20
18-22 For each duplicate certificate where the original is
18-23 lost or destroyed, and an affidavit is made thereof20
18-24 For each reinstatement to active status of an inactive
18-25 certificate.............................................. 20
18-26 For each annual approval of a course of instruction
18-27 offered in preparation for an original certificate 100
18-28 For each original accreditation of a course of
18-29 continuing education....................... 100
18-30 For each renewal of accreditation of a course of
18-31 continuing education......................... 50
18-32 2. The Division shall adopt regulations which establish the
18-33 fees to be charged and collected by the Division to pay the costs of:
18-34 (a) Any examination for a certificate, including any costs
18-35 which are necessary for the administration of such an
18-36 examination.
18-37 (b) Any investigation of a person’s background.
18-38 Sec. 33. Chapter 116 of NRS is hereby amended by adding
18-39 thereto the provisions set forth as sections 34, 35 and 36 of this act.
18-40 Sec. 34. “Division” means the Real Estate Division of the
18-41 Department of Business and Industry.
18-42 Sec. 35. 1. The Administrator may adopt regulations which
18-43 establish procedures for the Division to conduct business
18-44 electronically pursuant to title 59 of NRS with persons who are
18-45 regulated pursuant to this chapter and with any other persons with
19-1 whom the Division conducts business. The regulations may
19-2 include, without limitation, the establishment of fees to pay the
19-3 costs of conducting business electronically with the Division.
19-4 2. In addition to the process authorized by NRS 719.280, if
19-5 the Division is conducting business electronically with a person
19-6 and a law requires a signature or record to be notarized,
19-7 acknowledged, verified or made under oath, the Division may
19-8 allow the person to substitute a declaration that complies with the
19-9 provisions of NRS 53.045 to satisfy the legal requirement.
19-10 3. The Division may refuse to conduct business electronically
19-11 with a person who has failed to pay money which the person owes
19-12 to the Division or the Real Estate Commission.
19-13 Sec. 36. 1. In addition to any other remedy or penalty, the
19-14 Real Estate Commission may impose an administrative fine
19-15 against any person who knowingly:
19-16 (a) Engages or offers to engage in any activity for which a
19-17 permit or certificate or any type of authorization is required
19-18 pursuant to NRS 116.31139, or any regulation adopted pursuant
19-19 thereto, if the person does not hold the required permit or
19-20 certificate or has not been given the required authorization; or
19-21 (b) Assists or offers to assist another person to commit a
19-22 violation described in paragraph (a).
19-23 2. If the Real Estate Commission imposes an administrative
19-24 fine against a person pursuant to this section, the amount of the
19-25 administrative fine may not exceed the amount of any gain or
19-26 economic benefit that the person derived from the violation or
19-27 $5,000, whichever amount is greater.
19-28 3. In determining the appropriate amount of the
19-29 administrative fine, the Real Estate Commission shall consider:
19-30 (a) The severity of the violation and the degree of any harm
19-31 that the violation caused to other persons;
19-32 (b) The nature and amount of any gain or economic benefit
19-33 that the person derived from the violation;
19-34 (c) The person’s history or record of other violations; and
19-35 (d) Any other facts or circumstances that the Real Estate
19-36 Commission deems to be relevant.
19-37 4. Before the Real Estate Commission may impose the
19-38 administrative fine, the Real Estate Commission must provide the
19-39 person with notice and an opportunity to be heard.
19-40 5. The person is entitled to judicial review of the decision of
19-41 the Real Estate Commission in the manner provided by chapter
19-42 233B of NRS.
19-43 6. The provisions of this section do not apply to a person who
19-44 engages or offers to engage in activities within the purview of NRS
19-45 116.31139 if:
20-1 (a) A specific statute exempts the person from complying with
20-2 the provisions of NRS 116.31139 with regard to those activities;
20-3 and
20-4 (b) The person is acting in accordance with the exemption
20-5 while engaging or offering to engage in those activities.
20-6 Sec. 37. NRS 116.1103 is hereby amended to read as follows:
20-7 116.1103 [In] As used in this chapter and in the declaration
20-8 and bylaws [(NRS 116.3106), unless specifically provided otherwise
20-9 or] of an association, unless the context otherwise requires, [and in
20-10 this chapter,] the words and terms defined in NRS 116.110305 to
20-11 116.110393, inclusive, and section 34 of this act have the meanings
20-12 ascribed to them in those sections.
20-13 Sec. 38. NRS 116.110305 is hereby amended to read as
20-14 follows:
20-15 116.110305 “Administrator” means the Real Estate
20-16 Administrator . [of the Real Estate Division of the Department of
20-17 Business and Industry.]
20-18 Sec. 39. NRS 116.1116 is hereby amended to read as follows:
20-19 116.1116 1. The Office of the Ombudsman for Owners in
20-20 Common-Interest Communities is hereby created within the [Real
20-21 Estate Division of the Department of Business and Industry.]
20-22 Division.
20-23 2. The Administrator shall appoint the Ombudsman for Owners
20-24 in Common-Interest Communities. The Ombudsman for Owners in
20-25 Common-Interest Communities is in the unclassified service of the
20-26 State.
20-27 3. The Ombudsman for Owners in Common-Interest
20-28 Communities must be qualified by training and experience to
20-29 perform the duties and functions of his office.
20-30 4. The Ombudsman for Owners in Common-Interest
20-31 Communities shall:
20-32 (a) Assist in processing claims submitted to mediation or
20-33 arbitration pursuant to NRS 38.300 to 38.360, inclusive;
20-34 (b) Assist owners in common-interest communities to
20-35 understand their rights and responsibilities as set forth in this
20-36 chapter and the governing documents of their associations,
20-37 including, without limitation, publishing materials related to those
20-38 rights and responsibilities;
20-39 (c) Assist persons appointed or elected to serve on executive
20-40 boards of associations to carry out their duties; and
20-41 (d) Compile and maintain a registration of each association
20-42 organized within the state which includes, without limitation:
20-43 (1) The name, address and telephone number of the
20-44 association;
21-1 (2) The name of the person engaged in property management
21-2 for the common-interest community or the name of the person who
21-3 manages the property at the site of the common-interest community;
21-4 (3) The names, mailing addresses and telephone numbers of
21-5 the members of the executive board of the association;
21-6 (4) The name of the declarant;
21-7 (5) The number of units in the common-interest community;
21-8 and
21-9 (6) The total annual assessment made by the association.
21-10 Sec. 40. NRS 116.31139 is hereby amended to read as
21-11 follows:
21-12 116.31139 1. An association may employ a person engaged
21-13 in property management for the common-interest community.
21-14 2. Except as otherwise provided in this section, a person
21-15 engaged in property management for a common-interest community
21-16 must:
21-17 (a) Hold a permit to engage in property management that is
21-18 issued pursuant to the provisions of chapter 645 of NRS; or
21-19 (b) Hold a certificate issued by the Real Estate Commission
21-20 pursuant to subsection 3.
21-21 3. The Real Estate Commission shall provide by regulation for
21-22 the issuance of certificates for the management of common-interest
21-23 communities to persons who are not otherwise authorized to engage
21-24 in property management pursuant to the provisions of chapter 645 of
21-25 NRS. The regulations:
21-26 (a) Must establish the qualifications for the issuance of such a
21-27 certificate, including the education and experience required to obtain
21-28 such a certificate . [;]
21-29 (b) May require applicants to pass an examination in order to
21-30 obtain a certificate . [;] If the regulations require such an
21-31 examination, the Real Estate Commission shall adopt regulations
21-32 which establish fees to pay the costs of the examination, including
21-33 any costs which are necessary for the administration of the
21-34 examination.
21-35 (c) May require an investigation of an applicant’s background.
21-36 If the regulations require such an investigation, the Real Estate
21-37 Commission shall adopt regulations which establish fees to pay
21-38 the costs of the investigation.
21-39 (d) Must establish standards of practice for persons engaged in
21-40 property management for a common-interest community . [;
21-41 (d)] (e) Must establish the grounds for initiating disciplinary
21-42 action against a person to whom a certificate has been issued,
21-43 including, without limitation, the grounds for placing conditions,
21-44 limitations or restrictions on a certificate and for the suspension or
21-45 revocation of a certificate . [; and
22-1 (e)] (f) Must establish rules of practice and procedure for
22-2 conducting disciplinary hearings.
22-3 The [Real Estate Division of the Department of Business and
22-4 Industry] Division may investigate the property managers to whom
22-5 certificates have been issued to ensure their compliance with the
22-6 standards of practice adopted pursuant to this subsection and collect
22-7 a fee for the issuance of a certificate by the Real Estate Commission
22-8 in an amount not to exceed the administrative costs of issuing the
22-9 certificate.
22-10 4. In addition to any other remedy or penalty, the Real Estate
22-11 Commission may:
22-12 (a) Refuse to issue a permit or certificate to a person who has
22-13 failed to pay money which the person owes to the Real Estate
22-14 Commission or the Division.
22-15 (b) Refuse to renew, or suspend or revoke, the permit or
22-16 certificate of a person who has failed to pay money which the
22-17 person owes to the Real Estate Commission or the Division.
22-18 5. The provisions of subsection 2 do not apply to:
22-19 (a) A person who is engaged in property management for a
22-20 common-interest community on October 1, 1999, and is granted an
22-21 exemption from the requirements of subsection 2 by the
22-22 Administrator upon demonstration that he is qualified and
22-23 competent to engage in property management for a common-interest
22-24 community.
22-25 (b) A financial institution.
22-26 (c) An attorney licensed to practice in this state.
22-27 (d) A trustee.
22-28 (e) An employee of a corporation who manages only the
22-29 property of the corporation.
22-30 (f) A declarant.
22-31 (g) A receiver.
22-32 [5.] 6. As used in this section, “property management” means
22-33 the physical, administrative or financial maintenance and
22-34 management of real property, or the supervision of those activities
22-35 for a fee, commission or other compensation or valuable
22-36 consideration.
22-37 Sec. 41. NRS 116.311391 is hereby amended to read as
22-38 follows:
22-39 116.311391 The expiration or revocation of a certificate for the
22-40 management of a common-interest community by operation of law
22-41 or by order or decision of the Real Estate Commission or a court of
22-42 competent jurisdiction, or the voluntary surrender of such a
22-43 certificate by the holder of the certificate does not:
22-44 1. Prohibit the [Real Estate Division of the Department of
22-45 Business and Industry or] Real Estate Commission or the Division
23-1 from initiating or continuing an investigation of, or action or
23-2 disciplinary proceeding against, the holder of the certificate as
23-3 authorized pursuant to the provisions of this chapter or the
23-4 regulations adopted pursuant thereto; or
23-5 2. Prevent the imposition or collection of any fine or penalty
23-6 authorized pursuant to the provisions of this chapter or the
23-7 regulations adopted pursuant thereto against the holder of the
23-8 certificate.
23-9 Sec. 42. Chapter 119 of NRS is hereby amended by adding
23-10 thereto the provisions set forth as sections 43, 44 and 45 of this act.
23-11 Sec. 43. 1. The Administrator may adopt regulations which
23-12 establish procedures for the Division to conduct business
23-13 electronically pursuant to title 59 of NRS with persons who are
23-14 regulated pursuant to this chapter and with any other persons with
23-15 whom the Division conducts business. The regulations may
23-16 include, without limitation, the establishment of fees to pay the
23-17 costs of conducting business electronically with the Division.
23-18 2. In addition to the process authorized by NRS 719.280, if
23-19 the Division is conducting business electronically with a person
23-20 and a law requires a signature or record to be notarized,
23-21 acknowledged, verified or made under oath, the Division may
23-22 allow the person to substitute a declaration that complies with the
23-23 provisions of NRS 53.045 to satisfy the legal requirement.
23-24 3. The Division may refuse to conduct business electronically
23-25 with a person who has failed to pay money which the person owes
23-26 to the Division.
23-27 Sec. 44. In addition to any other remedy or penalty, the
23-28 Administrator may:
23-29 1. Refuse to issue a license, permit or registration to a person
23-30 who has failed to pay money which the person owes to the
23-31 Division.
23-32 2. Refuse to renew, or suspend or revoke, the license, permit
23-33 or registration of a person who has failed to pay money which the
23-34 person owes to the Division.
23-35 Sec. 45. 1. In addition to any other remedy or penalty, the
23-36 Administrator may impose an administrative fine against any
23-37 person who knowingly:
23-38 (a) Engages or offers to engage in any activity for which a
23-39 license, permit or registration or any type of authorization is
23-40 required pursuant to this chapter, or any regulation adopted
23-41 pursuant thereto, if the person does not hold the required license,
23-42 permit or registration or has not been given the required
23-43 authorization; or
23-44 (b) Assists or offers to assist another person to commit a
23-45 violation described in paragraph (a).
24-1 2. If the Administrator imposes an administrative fine against
24-2 a person pursuant to this section, the amount of the administrative
24-3 fine may not exceed the amount of any gain or economic benefit
24-4 that the person derived from the violation or $5,000, whichever
24-5 amount is greater.
24-6 3. In determining the appropriate amount of the
24-7 administrative fine, the Administrator shall consider:
24-8 (a) The severity of the violation and the degree of any harm
24-9 that the violation caused to other persons;
24-10 (b) The nature and amount of any gain or economic benefit
24-11 that the person derived from the violation;
24-12 (c) The person’s history or record of other violations; and
24-13 (d) Any other facts or circumstances that the Administrator
24-14 deems to be relevant.
24-15 4. Before the Administrator may impose the administrative
24-16 fine, the Administrator must provide the person with notice and an
24-17 opportunity to be heard.
24-18 5. The person is entitled to judicial review of the decision of
24-19 the Administrator in the manner provided by chapter 233B of
24-20 NRS.
24-21 6. The provisions of this section do not apply to a person who
24-22 engages or offers to engage in activities within the purview of this
24-23 chapter if:
24-24 (a) A specific statute exempts the person from complying with
24-25 the provisions of this chapter with regard to those activities; and
24-26 (b) The person is acting in accordance with the exemption
24-27 while engaging or offering to engage in those activities.
24-28 Sec. 46. NRS 119.015 is hereby amended to read as follows:
24-29 119.015 “Administrator” means the [chief of the Division.]
24-30 Real Estate Administrator.
24-31 Sec. 47. NRS 119.184 is hereby amended to read as follows:
24-32 119.184 1. A subdivision consisting of land situated in the
24-33 State of Nevada or another state must not be advertised or offered
24-34 for sale within the State of Nevada until the advertising and offering
24-35 is approved by the Division. Each advertisement must contain the
24-36 processing number assigned by the Division.
24-37 2. Each application for approval of advertising must be
24-38 accompanied by [a] :
24-39 (a) A filing fee [not to exceed $200, according to] based on a
24-40 schedule of fees [to be] established by the Division ; and [fees]
24-41 (b) Fees for inspecting the advertising and the property in
24-42 amounts established by the Division.
24-43 3. The Division shall render a decision upon an application for
24-44 approval of an advertising or offering within 30 days from the date
24-45 the application is filed.
25-1 4. The Division shall adopt regulations to accomplish the
25-2 purpose of this section.
25-3 Sec. 48. NRS 119.320 is hereby amended to read as follows:
25-4 119.320 1. Subject to the provisions of this chapter, the
25-5 Division shall collect the following fees at such times and upon such
25-6 conditions as it may provide by regulation:
25-7 For each annual registered representative’s license
25-8 to represent a developer............ [$65] $85
25-9 For each transfer of a registered representative’s
25-10 license to represent a developer... [20] 30
25-11 For each penalty for a late renewal of a
25-12 registered representative’s license..... 40
25-13 For each application for a developer’s request for
25-14 an exemption from any provision of this chapter [250] 275
25-15 For each application for renewal of an exemption
25-16 from any provision of this chapter[250] 275
25-17 For each developer’s permit per subdivision 500
25-18 For each developer’s temporary permit for each
25-19 subdivision............................... [250] 275
25-20 For each renewal of a developer’s permit 500
25-21 For each developer’s partial registration pursuant
25-22 to NRS 119.121....................... [250] 275
25-23 For each amendment to a developer’s permit [100] 150
25-24 The $500 fee for a developer’s permit per subdivision does not
25-25 apply to any subdivision having 34 or fewer lots, parcels, interests
25-26 or units.
25-27 2. At the time of the original filing, each developer shall pay an
25-28 additional $5 for each lot, parcel, interest or unit in any one
25-29 subdivision in excess of 50, but not exceeding 250 such lots,
25-30 parcels, interests or units; $4 for 251 through 500 lots, parcels,
25-31 interests or units in any one subdivision; $3 for 501 through 750
25-32 lots, parcels, interests or units in any one subdivision; and $2.50 for
25-33 all lots, parcels, interests or units in excess of 750 in any one
25-34 subdivision. The developer may designate lots, parcels, interests or
25-35 units it intends to offer for sale or lease in this state out of the
25-36 subdivision, and the fee per lot, parcel, interest or unit is only
25-37 applicable to those lots, parcels, interests or units. The units must be
25-38 designated in groupings of no less than 5 contiguous units in each
25-39 group, except that the Division may accept fewer upon request of
25-40 the developer. If the developer determines to offer additional lots,
25-41 parcels, interests or units, it shall so certify to the Division and pay
25-42 the additional fee therefor.
26-1 3. With the exception of the fees for a registered
26-2 representative’s license or transfer, the fees enumerated in this
26-3 section must be reduced by the Administrator at such times as, in his
26-4 judgment, he considers a reduction equitable in relation to the
26-5 necessary costs of carrying out the administration and enforcement
26-6 of the provisions of this chapter.
26-7 Sec. 49. Chapter 119A of NRS is hereby amended by adding
26-8 thereto the provisions set forth as sections 50, 51 and 52 of this act.
26-9 Sec. 50. 1. The Administrator may adopt regulations which
26-10 establish procedures for the Division to conduct business
26-11 electronically pursuant to title 59 of NRS with persons who are
26-12 regulated pursuant to this chapter and with any other persons with
26-13 whom the Division conducts business. The regulations may
26-14 include, without limitation, the establishment of fees to pay the
26-15 costs of conducting business electronically with the Division.
26-16 2. In addition to the process authorized by NRS 719.280, if
26-17 the Division is conducting business electronically with a person
26-18 and a law requires a signature or record to be notarized,
26-19 acknowledged, verified or made under oath, the Division may
26-20 allow the person to substitute a declaration that complies with the
26-21 provisions of NRS 53.045 to satisfy the legal requirement.
26-22 3. The Division may refuse to conduct business electronically
26-23 with a person who has failed to pay money which the person owes
26-24 to the Division.
26-25 Sec. 51. In addition to any other remedy or penalty, the
26-26 Administrator may:
26-27 1. Refuse to issue a license, permit, certificate or registration
26-28 to a person who has failed to pay money which the person owes to
26-29 the Division.
26-30 2. Refuse to renew, or suspend or revoke, the license, permit,
26-31 certificate or registration of a person who has failed to pay money
26-32 which the person owes to the Division.
26-33 Sec. 52. 1. In addition to any other remedy or penalty, the
26-34 Administrator may impose an administrative fine against any
26-35 person who knowingly:
26-36 (a) Engages or offers to engage in any activity for which a
26-37 license, permit, certificate or registration or any type of
26-38 authorization is required pursuant to this chapter, or any
26-39 regulation adopted pursuant thereto, if the person does not hold
26-40 the required license, permit, certificate or registration or has not
26-41 been given the required authorization; or
26-42 (b) Assists or offers to assist another person to commit a
26-43 violation described in paragraph (a).
26-44 2. If the Administrator imposes an administrative fine against
26-45 a person pursuant to this section, the amount of the administrative
27-1 fine may not exceed the amount of any gain or economic benefit
27-2 that the person derived from the violation or $5,000, whichever
27-3 amount is greater.
27-4 3. In determining the appropriate amount of the
27-5 administrative fine, the Administrator shall consider:
27-6 (a) The severity of the violation and the degree of any harm
27-7 that the violation caused to other persons;
27-8 (b) The nature and amount of any gain or economic benefit
27-9 that the person derived from the violation;
27-10 (c) The person’s history or record of other violations; and
27-11 (d) Any other facts or circumstances that the Administrator
27-12 deems to be relevant.
27-13 4. Before the Administrator may impose the administrative
27-14 fine, the Administrator must provide the person with notice and an
27-15 opportunity to be heard.
27-16 5. The person is entitled to judicial review of the decision of
27-17 the Administrator in the manner provided by chapter 233B of
27-18 NRS.
27-19 6. The provisions of this section do not apply to a person who
27-20 engages or offers to engage in activities within the purview of this
27-21 chapter if:
27-22 (a) A specific statute exempts the person from complying with
27-23 the provisions of this chapter with regard to those activities; and
27-24 (b) The person is acting in accordance with the exemption
27-25 while engaging or offering to engage in those activities.
27-26 Sec. 53. NRS 119A.210 is hereby amended to read as follows:
27-27 119A.210 1. The Administrator shall issue a sales agent’s
27-28 license to each applicant who submits an application to the Division,
27-29 in the manner provided by the Division, which includes:
27-30 (a) Satisfactory evidence, affirmed by the project broker or
27-31 another acceptable source, that the applicant has completed 14 hours
27-32 of instruction in:
27-33 (1) Ethics.
27-34 (2) The applicable laws and regulations relating to time
27-35 shares.
27-36 (3) Principles and practices of selling time shares.
27-37 (b) Satisfactory evidence that he has a reputation for honesty,
27-38 trustworthiness and competence.
27-39 (c) A designation of the developer for whom he proposes to sell
27-40 time shares.
27-41 (d) The social security number of the applicant.
27-42 (e) Any further information required by the Division, including
27-43 the submission by the applicant to any investigation by the police or
27-44 the Division.
28-1 2. In addition to or in lieu of the 14 hours of instruction
28-2 required by paragraph (a) of subsection 1, the applicant may be
28-3 required to pass an examination which may be adopted by the
28-4 Division to examine satisfactorily the knowledge of the applicant in
28-5 those areas of instruction listed in paragraph (a) of subsection 1.
28-6 3. [The application must be accompanied by] Each applicant
28-7 must submit the statement required pursuant to NRS 119A.263 and
28-8 [a fee of $75. The fee must be used by the Division to] pay the
28-9 [costs of investigating, acting upon and reviewing applications for
28-10 sales agents’ licenses.] fees provided for in this chapter.
28-11 4. Each applicant must, as part of his application and at his
28-12 own expense:
28-13 (a) Arrange to have a complete set of his fingerprints taken by
28-14 a law enforcement agency or other authorized entity acceptable to
28-15 the Division on a fingerprint card provided by the law enforcement
28-16 agency or other authorized entity for that purpose; and
28-17 (b) Submit to the Division the completed fingerprint card and
28-18 written permission authorizing the Division to submit the
28-19 applicant’s fingerprints to the Central Repository for Nevada
28-20 Records of Criminal History for submission to the Federal Bureau
28-21 of Investigation for a report on the applicant’s background and to
28-22 such other law enforcement agencies as the Division deems
28-23 necessary.
28-24 5. The Division may:
28-25 (a) Submit the applicant’s fingerprints to the Central
28-26 Repository for submission to the Federal Bureau of Investigation
28-27 and to such other law enforcement agencies as the Division deems
28-28 necessary; and
28-29 (b) Request from each such agency any information regarding
28-30 the applicant’s background as the Division deems necessary.
28-31 6. A person who is licensed as a salesman pursuant to chapter
28-32 645 of NRS is not required to obtain a license pursuant to the
28-33 provisions of this section.
28-34 [5. Upon the issuance of a license to an applicant, the applicant
28-35 must pay a fee of $100 for the license and an additional fee of $25
28-36 for investigation.
28-37 6.] 7. Each sales agent’s license issued pursuant to this section
28-38 expires 2 years after the last day of the calendar month in which it
28-39 was issued and must be renewed on or before that date. Each
28-40 licensee[must pay a] who submits the statement required pursuant
28-41 to NRS 119A.263 and meets the requirements for renewal may
28-42 renew his license upon the payment of the renewal fee [of $100.
28-43 7.] before his license expires.
28-44 8. If a [sales agent] licensee fails to [pay the renewal fee before
28-45 the expiration of] renew his license[,] before it expires, the license
29-1 may be reinstated if the licensee submits the statement and pays [a
29-2 reinstatement fee of $50 and] the renewal fee and the penalty
29-3 specified in NRS 119A.360 within 1 year after the license expires.
29-4 [8.] 9. The Administrator may adopt regulations establishing
29-5 and governing requirements for the continuing education of sales
29-6 agents.
29-7 Sec. 54. NRS 119A.250 is hereby amended to read as follows:
29-8 119A.250 1. The registration of a representative issued
29-9 pursuant to this chapter expires 1 year after its issuance.
29-10 2. Each representative who submits the statement required
29-11 pursuant to NRS 119A.263 and meets the requirements for renewal
29-12 adopted by the Division may renew his registration upon the
29-13 payment of the annual renewal fee before [the expiration of] his
29-14 registration[.] expires.
29-15 3. If a representative fails to [pay the annual renewal fee before
29-16 the expiration of] renew his registration[,] before it expires, the
29-17 registration may be reinstated upon the submission of the statement
29-18 and the payment of the [reinstatement fee in addition to the] annual
29-19 renewal fee[. A registration may be reinstated under this subsection
29-20 only if the statement is submitted and the fees are paid] and the
29-21 penalty specified in NRS 119A.360 within 1 year after the
29-22 registration expires.
29-23 4. A representative issued a registration shall not change his
29-24 association to another developer or change his location with the
29-25 same developer unless he has obtained from the Division a transfer
29-26 of his registration for its unexpired term. An application to the
29-27 Division for the transfer of his registration for the unexpired term
29-28 must be accompanied by the fee specified in NRS 119A.360 for the
29-29 transfer of registration.
29-30 Sec. 55. NRS 119A.360 is hereby amended to read as follows:
29-31 119A.360 1. The Division shall collect the following fees at
29-32 such times and upon such conditions as it may provide by
29-33 regulation:
29-34 [Application fee for preliminary permit to sell
29-35 time shares........................................ $250
29-36 Application fee] For each application for the
29-37 registration of a representative.... [65] 85
29-38 For each renewal of the registration of a
29-39 representative................................ [65] 85
29-40 [Application fee for] For each transfer of the
29-41 registration of a representative to a different
29-42 developer or location........................... 20
29-43 For [reinstatement] each penalty for a late
29-44 renewal of the registration of a representative [25] 40
30-1 For each preliminary permit to sell time shares $275
30-2 For each permit to sell time shares, per
30-3 subdivision.......................................... 500
30-4 For each amendment to a public offering
30-5 statement after the issuance of the report[100] 150
30-6 For each renewal of a permit to sell time shares 500
30-7 For each original and annual registration of a
30-8 manager................................................ 75
30-9 For each application for an original license as a
30-10 sales agent......................................... 175
30-11 For each renewal of a license as a sales agent 175
30-12 For each penalty for a late renewal of a license
30-13 as a sales agent.................................... 75
30-14 For each change of name or address20
30-15 For each duplicate license, permit or
30-16 registration where the original is lost or
30-17 destroyed, and an affidavit is made thereof20
30-18 For each annual approval of a course of
30-19 instruction offered in preparation for an
30-20 original license or permit................. 100
30-21 For each original accreditation of a course of
30-22 continuing education....................... 100
30-23 For each renewal of accreditation of a course of
30-24 continuing education......................... 50
30-25 2. Each developer shall pay an additional fee for each time
30-26 share he sells in a time-share plan over 50 pursuant to the following
30-27 schedule:
30-28 Amount to be
30-29 Number of time shares paid per time share
30-30 51—250.......................................... $5.00
30-31 251—500............................................. 4.00
30-32 501—750............................................. 3.00
30-33 751—1500............................................. 2.50
30-34 over 1500............................................. 1.00
30-35 3. Except for the fees relating to the registration of a
30-36 representative, the Administrator may reduce the fees established by
30-37 this section if the reduction is equitable in relation to the costs of
30-38 carrying out the provisions of this chapter.
30-39 4. The Division shall adopt regulations which establish the
30-40 fees to be charged and collected by the Division to pay the costs of:
31-1 (a) Any examination for a license, including any costs which
31-2 are necessary for the administration of such an examination.
31-3 (b) Any investigation of a person’s background.
31-4 Sec. 56. NRS 119A.532 is hereby amended to read as follows:
31-5 119A.532 1. A person who wishes to engage in the business
31-6 of, act in the capacity of, advertise or assume to act as a manager
31-7 shall register with the Division on a form prescribed by the
31-8 Division.
31-9 2. The form for registration must include, without limitation:
31-10 (a) The registered name of the time-share plan or the project, or
31-11 both, that the manager will manage;
31-12 (b) The address and telephone number of the manager’s
31-13 principal place of business;
31-14 (c) The social security number of the manager; and
31-15 (d) The name of the manager’s responsible managing employee.
31-16 3. The form for registration must be accompanied by:
31-17 (a) Satisfactory evidence, acceptable to the Division, that the
31-18 manager and his employees have obtained fidelity bonds in
31-19 accordance with regulations adopted by the Division; and
31-20 (b) The statement required pursuant to NRS 119A.263.
31-21 4. The Division [may collect a fee for registering a manager in
31-22 an amount not to exceed the administrative costs of] shall collect
31-23 the fee specified in NRS 119A.360 upon registering the manager[.]
31-24 and annually thereafter to maintain the registration.
31-25 5. As used in this section, “responsible managing employee”
31-26 means the person designated by the manager to:
31-27 (a) Make technical and administrative decisions in connection
31-28 with the manager’s business; and
31-29 (b) Hire, superintend, promote, transfer, lay off, discipline or
31-30 discharge other employees or recommend such action on behalf of
31-31 the manager.
31-32 Sec. 57. Chapter 119B of NRS is hereby amended by adding
31-33 thereto the provisions set forth as sections 58 to 61, inclusive, of this
31-34 act.
31-35 Sec. 58. “Division” means the Real Estate Division of the
31-36 Department of Business and Industry.
31-37 Sec. 59. 1. The Administrator may adopt regulations which
31-38 establish procedures for the Division to conduct business
31-39 electronically pursuant to title 59 of NRS with persons who are
31-40 regulated pursuant to this chapter and with any other persons with
31-41 whom the Division conducts business. The regulations may
31-42 include, without limitation, the establishment of fees to pay the
31-43 costs of conducting business electronically with the Division.
31-44 2. In addition to the process authorized by NRS 719.280, if
31-45 the Division is conducting business electronically with a person
32-1 and a law requires a signature or record to be notarized,
32-2 acknowledged, verified or made under oath, the Division may
32-3 allow the person to substitute a declaration that complies with the
32-4 provisions of NRS 53.045 to satisfy the legal requirement.
32-5 3. The Division may refuse to conduct business electronically
32-6 with a person who has failed to pay money which the person owes
32-7 to the Division.
32-8 Sec. 60. In addition to any other remedy or penalty, the
32-9 Administrator may:
32-10 1. Refuse to issue a permit to a person who has failed to pay
32-11 money which the person owes to the Division.
32-12 2. Refuse to renew, or suspend or revoke, the permit of a
32-13 person who has failed to pay money which the person owes to the
32-14 Division.
32-15 Sec. 61. 1. In addition to any other remedy or penalty, the
32-16 Administrator may impose an administrative fine against any
32-17 person who knowingly:
32-18 (a) Engages or offers to engage in any activity for which a
32-19 permit or any type of authorization is required pursuant to this
32-20 chapter, or any regulation adopted pursuant thereto, if the person
32-21 does not hold the required permit or has not been given the
32-22 required authorization; or
32-23 (b) Assists or offers to assist another person to commit a
32-24 violation described in paragraph (a).
32-25 2. If the Administrator imposes an administrative fine against
32-26 a person pursuant to this section, the amount of the administrative
32-27 fine may not exceed the amount of any gain or economic benefit
32-28 that the person derived from the violation or $5,000, whichever
32-29 amount is greater.
32-30 3. In determining the appropriate amount of the
32-31 administrative fine, the Administrator shall consider:
32-32 (a) The severity of the violation and the degree of any harm
32-33 that the violation caused to other persons;
32-34 (b) The nature and amount of any gain or economic benefit
32-35 that the person derived from the violation;
32-36 (c) The person’s history or record of other violations; and
32-37 (d) Any other facts or circumstances that the Administrator
32-38 deems to be relevant.
32-39 4. Before the Administrator may impose the administrative
32-40 fine, the Administrator must provide the person with notice and an
32-41 opportunity to be heard.
32-42 5. The person is entitled to judicial review of the decision of
32-43 the Administrator in the manner provided by chapter 233B of
32-44 NRS.
33-1 6. The provisions of this section do not apply to a person who
33-2 engages or offers to engage in activities within the purview of this
33-3 chapter if:
33-4 (a) A specific statute exempts the person from complying with
33-5 the provisions of this chapter with regard to those activities; and
33-6 (b) The person is acting in accordance with the exemption
33-7 while engaging or offering to engage in those activities.
33-8 Sec. 62. NRS 119B.010 is hereby amended to read as follows:
33-9 119B.010 As used in this chapter, unless the context otherwise
33-10 requires, the words and terms defined in NRS 119B.020 to
33-11 119B.100, inclusive, and section 58 of this act have the meanings
33-12 ascribed to them in those sections.
33-13 Sec. 63. NRS 119B.210 is hereby amended to read as follows:
33-14 119B.210 1. The Administrator shall collect the following
33-15 fees at such times and upon such conditions as he may provide by
33-16 regulation:
33-17 For an initial permit to sell memberships in a
33-18 campground...................................... $500
33-19 For each renewal of a permit............ 500
33-20 For each amendment to a public offering
33-21 statement after the issuance of the report[100] 150
33-22 [Application fee] For each application for the
33-23 registration of a representative.... [65] 85
33-24 For each renewal of the registration of a
33-25 representative................................ [65] 85
33-26 For each transfer of [a] the registration of a
33-27 representative to a different developer or location20
33-28 For [reinstatement] each penalty for a late
33-29 renewal of the registration of a representative [25] 40
33-30 For each change of name or address20
33-31 2. Each developer shall pay an additional fee for each
33-32 membership he sells in a campground in which more than 50
33-33 memberships are available pursuant to the following schedule:
33-34 Amount to be
33-35 Number of memberships paid per membership
33-36 51—250.......................................... $5.00
33-37 251—500............................................. 4.00
33-38 501—750............................................. 3.00
33-39 751—1500............................................. 2.50
33-40 over 1500............................................. 1.00
34-1 3. The Administrator may reduce the fees established by this
34-2 section if the reduction is equitable in relation to the costs of
34-3 carrying out the provisions of this chapter.
34-4 Sec. 64. NRS 645.849 is hereby repealed.
34-5 Sec. 65. 1. This act becomes effective on July 1, 2003.
34-6 2. Sections 11, 17, 25, 53, 54 and 56 of this act expire by
34-7 limitation on the date on which the provisions of 42 U.S.C. § 666
34-8 requiring each state to establish procedures under which the state
34-9 has authority to withhold or suspend, or to restrict the use of
34-10 professional, occupational and recreational licenses of persons who:
34-11 (a) Have failed to comply with a subpoena or warrant relating to
34-12 a proceeding to determine the paternity of a child or to establish or
34-13 enforce an obligation for the support of a child; or
34-14 (b) Are in arrears in the payment for the support of one or more
34-15 children,
34-16 are repealed by the Congress of the United States.
34-17 TEXT OF REPEALED SECTION
34-18 645.849 Filing false document with Administrator
34-19 unlawful; penalty.
34-20 1. It is unlawful for any person to file with the Administrator
34-21 any notice, statement or other document required under the
34-22 provisions of NRS 645.841 to 645.8494, inclusive, which is false or
34-23 which contains any willful, material misstatement of fact.
34-24 2. Violation of subsection 1 is a gross misdemeanor.
34-25 H