Nevada Administrative Code
Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION
EXEMPTION FROM REGISTRATION
Section 119.220 - Construction of residential building by licensed contractor who owns land

Universal Citation: NV Admin Code 119.220

Current through February 27, 2024

The notice required of a developer who elects to be exempt from registration because he or she owns the land, is licensed in this state to construct residential buildings and will construct a residential building on the land, must include:

1. A copy of the recorded plat map.

2. The promotional name of the subdivision.

3. The name and number of the license of the contractor licensed to construct residential buildings in Nevada.

4. A sworn statement signed by the contractor stating that each lot offered or disposed of will include a residential building when disposition is completed.

5. A copy of the contract of sale.

6. The names and addresses of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.

7. A preliminary title report issued within 15 days before the date of the request for the exemption.

[Real Estate Div., § 28, eff. 7-16-80]- (NAC A 12-3-84; 5-2-86)

NRS 119.120, 119.240

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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