Nevada Administrative Code
Chapter 119A - TIME SHARES
SALE OF TIME SHARES
Section 119A.190 - Procedure for filing for permit or approval

Universal Citation: NV Admin Code 119A.190

Current through February 27, 2024

The following procedures must be followed in filing an application for a time-share permit:

1. Required material must be filed with the Division by personal delivery, by electronic delivery through a registry approved by the Division, or by mail, addressed to the office of the Division in Las Vegas.

2. Checks, drafts, money orders or electronic payments used to pay fees must be made payable to the Nevada Real Estate Division. Any payment of $10,000 or more must be submitted through an electronic wire transfer in the manner prescribed by the Division. All payments submitted are deemed earned upon receipt and are not eligible to be refunded.

3. The date of a filing is the date when a statement, document or other material is received by the Division in the correct form together with the prescribed fee.

4. An application for a permit to sell time shares that is filed with the Division pursuant to subsection 1 must be on white paper that is 8 1/2 by 11 inches in size, have text that is fully justified to the left and right margins and not contain text that is smaller than 11-point font. Supplemental material, except maps, plats and other official documents, must be on paper that is 8 1/2 by 11 inches in size. Illegible photocopies must not be submitted.

5. A developer shall not incorporate by reference any matter used in an application for a different time-share permit previously filed with the Division.

Added to NAC by Real Estate Div., eff. 12-3-84; A by R130-16A, eff. 11/13/2017; A by R130-16AP, eff. 8/30/2018

NRS 119A.190, 119A.300

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