Nevada Administrative Code
Chapter 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION
EXEMPTION FROM REGISTRATION
Section 119.235 - Parcels greater than 80 acres in area

Universal Citation: NV Admin Code 119.235

Current through February 27, 2024

1. A developer must notify the Division in writing of his or her election to be exempt from registration under paragraph (a) of subsection 2 of NRS 119.120 (parcels greater than 80 acres).

2. If the developer wishes the Division to determine his or her eligibility for such an exemption, the developer must submit the following information and documents:

(a) A copy of the recorded plat map;

(b) The promotional name of the property;

(c) A certified statement of a civil engineer licensed by the state in which the subdivision is located that each lot, parcel, unit or interest exceeds 80 acres in size after all easements have been subtracted;

(d) A sworn statement by the developer that he or she will not at any time convey a lot, parcel, unit or interest in the subdivision which is 80 acres or less in size;

(e) A promotional plan; and

(f) The name and address of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.

[Real Estate Div., § 31, eff. 7-16-80]-(NAC A 12-3-84)

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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