Nev. Admin. Code § 119.140

Current through October 11, 2024

Section 119.140 - Nevada statement of record: Contents

The Nevada statement of record must contain the following information:

1. The name and address of the applicant and his or her ownership, if any, in the proposed subdivision;

2. A list of the places, dates and material facts pertaining to each permit or license to sell or promote the sale of land, homes, home improvements, investments or securities, including any revocation, suspension or denial of such a permit or license by any federal, state, local or foreign governmental agency, and each criminal conviction or offense charged involving a sale or promotion;

3. A list of all current litigation in which the applicant is a party;

4. The name, location, acreage and number of lots, parcels, units or interests in the subdivision to be offered;

5. The location of subdivision records;

6. The methods by which prospective purchasers may locate and identify individual lots, parcels, units or interests;

7. The recording and any governmental approval of the subdivision;

8. A description of the geology, climate and physical conditions of the subdivision and its surroundings;

9. A description of all completed or promised improvements at or away from the subdivision;

10. A description of financial arrangements for the completion of improvements;

11. A list of all applicable taxes and assessments and their current status;

12. A description of facilities and services which are available in the area surrounding the subdivision;

13. A description of common facilities within the subdivision furnished by the developer;

14. Any filings with any federal, state or local governmental authority pertaining to the subdivision;

15. A description of all promotional activities in connection with the subdivision; and

16. Any other information which the Division requires.

Nev. Admin. Code § 119.140

Dep't of Commerce, Real Estate Div., § 21, eff. 7-16-80

NRS 119.240