42°F
weather icon Clear

Real Estate News

Homeowner in fight with HOA over vehicle

Under NRS 116.31031 (7), if a fine is not cured within 14 days or within any longer period that may be established by the board, the violation shall be deemed a “continuing violation.” The board may impose an additional fine for the violation for each seven-day period or portion thereof that the violation is not cured. Any additional fine may be imposed without providing the opportunity to cure the violation and without the notice and opportunity to be heard.

Boom in the gloom: Interest rates drop to historic lows

Last week the average interest rate on a 30-year fixed-rate mortgage fell to the lowest level in nearly 50 years. Today’s rates are, on average, more than a full percentage point lower than they have been over the last five years.

HOA president’s father should not have been on ballot

I would caution associations about having family members serving on the board of directors at the same time. If a complaint is made to the Nevada Real Estate Division, your association better be able to document the process of how the second family member was elected or appointed.

HOA won’t give family extra parking permit

There is no state law pertaining to the parking of an unregistered vehicle in your garage. There may be a vehicular regulation from you association that requires registered vehicles in the parking lot. As long as your unregistered vehicle is in the garage and not in the streets, the association should not be able to fine you.

THE LATEST
HOA board does not like the house paint color

I’m a disabled American Veteran. I need help against what I believe to be an unfair request from my homeowners association, which is placing me in a physical and financial hardship.

Tips on how to stay safe and still enjoy Halloween

With Halloween around the corner, families are looking for ways to keep the season lively and fun, but safe, during the COVID-19 pandemic. Julio Arteaga, a community manager for CAMCO of Nevada, oversees more than 10 valley communities and has some insights on how to keep the Halloween spirit high with pandemic safety guidelines in place.

REAL ESTATE BRIEFS

The 2021 Dogs of Downtown Summerlin Calendar are now available. All proceeds from the sale of the calendar go to support The Animal Foundation.

Homeowner fed up with HOA; wants to publish newsletter

Be careful. You do not want to be accused of making libelous statements. If you decide to start a newsletter make sure that it specifically states that the publication is from you and holds your opinions. It should not give an impression that the newsletter is an official one from the association.

Removing the HOA board won’t solve the insurance problem

Note: Gov. Steve Sisolak signed the Emergency Directive 033 adjusting the statewide standards on gatherings. The new directive adjusts the previous limitations on gatherings from 50 people to 250 people or 50 percent of the occupancy, whichever is less. This applies to both indoor and outdoor venues.

SUR702 apartments in southwest valley nearly occupied despite COVID-19

Westcorp Management Group, a Nevada multifamily property management team, has nearly completed the lease-up of SUR702, a luxury apartment community at 6614 Blue Diamond Road in southwest Las Vegas. Less than six months after opening, the community is more than 70 percent leased and expects to be completely occupied within the next few months.

How the Las Vegas housing market is thriving in 2020

The Las Vegas Raiders aren’t the only new tenants to find this market on fire. The Las Vegas housing market has been downright thriving in 2020. Even during an international pandemic, that’s been true: the median home price in Las Vegas for July was $310,000, which means a trend of growth of 5.1 percent, year-over-year.

Law says homeowner can place political sign in yard

Besides the issue of opening or not opening up the pools, the displaying of political signs has been a hot topic for homeowners and board members.

Attorney says SB4 does not offer HOAs complete immunity from liability

I continue to receive emails each week concerning homeowners association boards that have not yet opened their amenities, specifically their swimming pools. My column has noted the various restrictions and requirements that have been set by our governor’s directives by Local Empowerment Advisory Panel, or LEAP, and by the Southern Nevada Health District. The opening up of the swimming pools is not an inexpensive proposition for boards.

1 2 3 60