Nevada Administrative Code 116 are the regulations that are established by the Common-Interest Communities and Hotel Commission as authorized by the state Legislature. NAC 116.405 pertains to the responsibilities of association boards,
Real Estate News
Nothing is hotter in the Las Vegas Valley these days, not even the temperature, than the multifamily marketplace.
The American flag was raised for the first time over GLVAR’s new headquarters building in the southwest part of Las Vegas.
Las Vegas developer Rich MacDonald epitomizes the trend among wealthy baby boomers living in or moving to Southern Nevada — downsizing.
As a board member, you are entitled to copies of letters being sent to homeowners. Per your fiduciary responsibilities, board member are to keep confidentiality of such violation letters.
I’ve noticed something lately that could be a big draw, though it might not be for every mall around the valley. I’m going to identify it as “cannabis as entertainment.”
The legal cannabis industry is bringing an increase in development in the valley with experts expecting growth in the regulated market in the future.
One of the most important functions that a board of directors has pertains to the transition of control from declarant (the developer) to a homeowner-controlled board of directors.
In 1999, a legislative solution to better protect and assist homeowners was introduced, and the Residential Recovery Fund was created. Paid into by licensed contractors who perform residential work, the Residential Recovery Fund can provide up to $35,000 in financial recourse to owners of a single-family residence, not to exceed $400,000 per claims against a single contractor.
When did we lose the ability to communicate with each other in a professional and respectful manner? When did we lose the ability to respect each other’s opinion and then reach for an optimum solution and decision when trying to balance the various needs of our community?
Berkshire Hathaway HomeServices, Nevada Properties will sponsor a July 25 mixer to welcome the country’s top LGBT real estate association to Las Vegas. The National Association of Gay Lesbian Real Estate Professionals (NAGLREP) mixer will be held from 5 to 7 p.m. at DW Bistro at 9275 W. Russell Road in southwest Las Vegas.
A title opinion is just that: an attorney’s conclusion that it looks as if you’re getting good uncontested ownership. That’s reassuring, but you could also use a guarantee. That would be a promise to make good any losses you might suffer if it later turns out that, for instance, an unknown heir turns up and claims the property. And that calls for title insurance.
Over the past few months, some national reports have suggested that home prices in Southern Nevada are now the most “overvalued” in the nation.
The notice of the board meeting under NRS 116.31083, subsection 5, states that it must include the time and place of the meeting and include a copy of the agenda or the date on which the agenda and the location of copies of the agenda may be conveniently obtained by the owners. The agenda must comply with subsection 4 of NRS 116.3108, which states the agenda must consist of a clear and complete statement of the topics to be considered, including a list describing the items on which action may be taken. In an emergency, action may be taken where an item was not listed on the original agenda.
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.
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