Nevada Administrative Code
Chapter 119B - MEMBERSHIP IN CAMPGROUNDS
ADVERTISEMENTS
Section 119B.310 - General requirements

Universal Citation: NV Admin Code 119B.310

Current through February 27, 2024

An advertisement:

1. Which refers to the purchase price of any membership must clearly disclose any assessment or additional cost required to be paid by a purchaser.

2. Which offers a membership at a predevelopment sale at a lower price because the project has not yet been developed in some manner, must disclose whether there is a good faith plan for development and, if there is such a plan, the estimated date of completion.

3. Which offers a discount to reduce the advertised price may do so only if the discount is offered for a purchase in quantity, payment in cash, large or accelerated payment or on other reasonable grounds.

4. Must not contain any statement concerning a future increase of the price by the developer unless the amount and the date of the increase are specified. A future increase of the price may not be implied or referred to unless it is anticipated in good faith.

5. Must not indicate that the value of a membership in a similar campground has increased, unless the membership used for comparison is directly comparable to that being advertised for sale.

Added to NAC by Real Estate Div., eff. 2-18-87

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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