Nev. Rev. Stat. ch. 119A – Time Shares | Midpage119A.010Definitions119A.020“Administrator” defined119A.030“Affiliate of the developer” defined119A.031“Affiliate of the manager” defined119A.032“Association” defined119A.033“Blanket encumbrance” defined119A.034“Board” defined119A.035“Branch office” defined119A.036“Common area” defined119A.038“Component site” defined119A.040“Developer” defined119A.041“Developer’s reserved rights” defined119A.050“Division” defined119A.052“Limited common area” defined119A.054“Manager” defined119A.055“Material change” defined119A.056“Owner” defined119A.058“Permanent identifying number” defined119A.060“Permit” defined119A.070“Person” defined119A.080“Project” defined119A.090“Project broker” defined119A.100“Public offering statement” defined119A.110“Purchaser” defined119A.120“Representative” defined119A.130“Sales agent” defined119A.133“Sales and marketing entity” defined119A.137“Statement of record” defined119A.140“Time share” defined119A.150“Time-share instrument” defined119A.152“Time-share plan” defined119A.153“Time-share resale” defined119A.156“Time-share resale broker” defined119A.160“Unit” defined119A.170Applicability of this chapter and chapter 645 of NRS119A.172Applicability of provisions relating to real estate brokers and sales agents to certain owners who refer prospective purchasers to developer or association or to employee or agent of developer or association119A.174Applicability of local ordinances, regulations and building codes119A.180Classification of interest of purchaser119A.190Regulations; professional consultants; publication of proposed form before adoption and consideration of comments119A.195Authority for Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions119A.200Limitation on licensing by local governments119A.205Technology Account119A.210Sales agents: Qualifications; fees; fingerprinting; exemptions from licensing; expiration and renewal of licenses; continuing education119A.210Sales agents: Qualifications; fees; fingerprinting; exemptions from licensing; expiration and renewal of licenses; continuing education119A.212Sales agents: Application for renewal of license to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection119A.220Sales agents: Association with project broker119A.230Sales agents: Disciplinary actions119A.233Provisional sales agents: Qualifications; employment with project broker119A.235Provisional sales agents: Expiration of licenses; application to work for new project broker; termination of employment; denial of application for license119A.237Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions119A.240Representatives: Qualifications for registration119A.240Representatives: Qualifications for registration119A.250Representatives: Expiration, renewal, reinstatement and transfer of registration119A.250Representatives: Expiration, renewal, reinstatement and transfer of registration119A.255Representatives: Application for renewal of registration to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection119A.260Representatives: Prohibited acts; compliance with standards applied to real estate brokers and salespersons119A.263Payment of child support: Statement by applicant for sales agent’s license or registration as representative or manager; grounds for denial of license or registration; duty of Administrator119A.266Suspension of sales agent’s license or registration as representative or manager for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of suspended license or registration119A.268Branch offices119A.270Developers: Prohibited acts119A.280Developers: Order to cease; hearing; agreement in lieu of order119A.285Developers: Inapplicability of certain provisions to offer or disposition of certain time shares119A.290Preliminary permits119A.300Requirements for issuance of initial permit119A.302Abbreviated registration: Requirements; certain developers excluded from using; documents to be provided to purchasers119A.304Developer to file amended statement of record if material change to time-share plan; effectiveness; correction of deficiencies; amendment to time-share instrument required to be filed with Division; approval of amendment by Division119A.305Terms and conditions of supporting documents: Description in public offering statement; conditions of permit119A.307Filing of public offering statement; form; contents; copies of certain documents to be provided to purchaser; waiver of requirements by Administrator119A.310Grounds for denial of permit; burden of proof119A.320Period for action on application119A.330Hearing on denial of application, amendment to statement of record or renewal of permit; expiration of order of denial119A.340Issuance of permit before completion of project119A.350Investigation of applicants; expenses119A.355Renewal of permit119A.357Requirement to notify Division in writing of certain convictions119A.358Creation and maintenance of website through which licenses, permits or registrations may be renewed; fees119A.360Fees119A.365Disciplinary action for failure to pay money to Division119A.380Requirements for time-share instruments119A.385Description of time share119A.390Reservation to purchase time share119A.400Prospective purchasers to be provided with public offering statement, addendum and permit119A.410Right to cancel contract of sale119A.420Deposits to be placed in escrow account; surety bond in lieu of escrow account119A.430Requirements for closing of sale of time share119A.450Provision in contract relieving purchaser of obligation upon foreclosure of lien against project; prohibition against sale or pledge of notes or contracts of sale by defaulting developer119A.460Requirements for trusts119A.470Conveyance of project to trustee before close of escrow for first sale119A.475Action by purchaser or Administrator for misrepresentation or other violation119A.4771Registration and licensing of person listing, advertising, transferring, assisting in transferring, soliciting or promoting sale of more than 12 previously sold time shares in 12-month period on behalf of owner other than developer; exception119A.4775Cancellation of contract of sale; disclosure of certain information before resale; purchaser to be provided copies of time-share instruments upon signing contract; regulations119A.4777Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner119A.4779Advance fee charged or collected by time-share resale broker; requirements for contract for advance fee listing; duties and prohibited acts; violation constitutes unfair or deceptive act or practice; civil penalty119A.480Requirements if developer holds leasehold interest119A.485Developer to provide to board copy of approved public offering statement and amendments thereto119A.495Withdrawal of units from time-share plan; conditions of withdrawal; exceptions119A.497Relocation of boundaries between adjoining units119A.500Partition of unit119A.510Replacement or compensation if unit unavailable119A.515Publication of information concerning owners: Maintenance of records; consent required; exceptions119A.520Members of association for time-share plan; incorporation of association; proxies119A.522Period of developer’s control of association; representation of owners on board119A.524Reserved rights of developer119A.525Relocation of certain time shares by developer; conditions of relocation; recordation119A.526Quorum119A.528Removal of member of board; indemnification and defense of member of board119A.529Solicitation of votes and proxies by owner; requirements for mailing by managers and boards119A.530Written agreement for management of time-share plan and project; disclosure of certain fees, compensation or other property by manager119A.532Registration of managers; form for registration; fee119A.532Registration of managers; form for registration; fee119A.533Renewal of registration of managers: Application for renewal of registration to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection119A.534Disclosure statement to be submitted by certain managers; regulations119A.540Annual budget; assessments for unsold time shares119A.542Conduct and contents of study of reserves; review of study and necessary adjustments to reserves; regulations119A.550Assessment upon time share; notice of assessment; liens; enforcement of liens119A.552Statement of unpaid assessments119A.560Power of sale; notice of sale119A.570Insurance119A.580Consent required for liens for labor, services or materials; when consent deemed given119A.590Information to be furnished to purchasers by developer119A.600Information to be furnished by company offering program119A.620Information to be furnished to Division and secretary of association; liability for information and representations119A.630Administrator to appoint hearing officer119A.640Powers of Administrator or hearing officer119A.650District court to enforce Administrator’s subpoenas119A.652Inspections by Division; penalty for failure to cooperate; regulations119A.653Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records119A.654Disciplinary action against developer119A.655Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Complaint; hearing; notice119A.656Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Answer; limitation on proceeding119A.657Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Decision of hearing officer119A.658Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Appeal of decision of hearing officer119A.659Expiration, revocation or surrender of license or permit does not prohibit disciplinary action against holder thereof119A.660Enforcement of chapter and protection of purchasers by Administrator119A.665Appointment of receiver119A.670Action by Real Estate Commission against project broker or supervising licensee119A.675Administrative fine for engaging in certain conduct without license, permit, certificate, registration or authorization; procedure for imposition of fine; judicial review; exceptions119A.677Application or registration must not be denied based solely on immigration or citizenship status; use of alternative personally identifying number; disclosure of social security number or personally identifying number prohibited; confidentiality of social security number or alternative personally identifying number119A.680Acting as project broker, supervising licensee, sales agent, representative, manager or time-share resale broker without license or registration119A.690Falsifying application; failure to submit annual report119A.700False or misleading advertising119A.702Restrictions on promotional material; completion of improvements portrayed in promotional material119A.710Unfair methods of competition; deceptive or unfair acts119A.720Participation in plan or scheme to transfer time share to person without ability to pay assessments and taxes constitutes false, misleading or deceptive act or practice; rebuttable presumption of violation; exception for certain acts by association or manager