Nevada Administrative Code
Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION
EXEMPTION FROM REGISTRATION
Section 119.225 - Registration not necessary in the public interest
Universal Citation: NV Admin Code 119.225
Current through December 31, 2024
1. The Administrator will make a determination that a registration is not necessary in the public interest upon receipt of evidence of the applicant's compliance with the provisions of NRS 119.230, together with any other evidence which the Administrator deems necessary to make that determination.
2. The Administrator will use, among others, the following factors in making a determination:
(a) The intended use of property;
(b) The direction of the growth of the area;
(c) The availability of utilities;
(d) Whether financial assurances have been established by the applicant; and
(e) The need for housing in the area.
[Real Estate Div., § 29, eff. 7-16-80]-(NAC A 12-3-84)
NRS 119.122, 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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