1. Except as otherwise provided in this section, a person shall not act as a community manager unless the person holds a certificate.
2. In addition to the standards of practice for community managers set forth in NRS 116A.630 and 116A.640, the Commission shall by regulation adopt any additional standards of practice for community managers who hold certificates that the Commission deems appropriate and necessary.
3. The Division may investigate any community manager who holds a certificate to ensure that the community manager is complying with the provisions of this chapter and chapters 116 and 116B of NRS and any additional standards of practice adopted by the Commission.
4. In addition to any other remedy or penalty, if the Commission or a hearing panel, after notice and hearing, finds that a community manager who holds a certificate has violated any provision of this chapter or chapter 116 or 116B of NRS or any of the additional standards of practice adopted by the Commission, the Commission or the hearing panel may take appropriate disciplinary action against the community manager.
5. In addition to any other remedy or penalty, the Commission may:
(a) Refuse to issue a certificate to a person who has failed to pay money which the person owes to the Commission or the Division.
(b) Suspend, revoke or refuse to renew the certificate of a person who has failed to pay money which the person owes to the Commission or the Division.
6. The provisions of this section do not apply to:
(a) A financial institution that is engaging in an activity permitted by law.
(b) An attorney who is licensed to practice in this State and who is acting in that capacity.
(c) A trustee with respect to the property of the trust.
(d) A receiver with respect to property subject to the receivership.
(e) A member of an executive board or an officer of an association who is acting solely within the scope of his or her duties as a member of the executive board or an officer of the association.
(Added to NRS by 2005, 2576; A 2007, 2275; 2009, 2817)
Structure Nevada Revised Statutes
Chapter 116A - Common-Interest Communities: Regulation of Community Managers and Other Personnel
NRS 116A.020 - "Administrator" defined.
NRS 116A.030 - "Association" defined.
NRS 116A.040 - "Certificate" defined.
NRS 116A.045 - "Client" defined.
NRS 116A.050 - "Commission" defined.
NRS 116A.060 - "Common-interest community" defined.
NRS 116A.070 - "Community manager" defined.
NRS 116A.080 - "Division" defined.
NRS 116A.090 - "Executive board" defined.
NRS 116A.100 - "Hearing panel" defined.
NRS 116A.105 - "Management agreement" defined.
NRS 116A.110 - "Management of a common-interest community" defined.
NRS 116A.120 - "Registration" defined.
NRS 116A.130 - "Reserve study specialist" defined.
NRS 116A.220 - Deposit of money; payment of claims.
NRS 116A.240 - Service of notice and other information upon Commission.
NRS 116A.280 - Issuance and enforcement of subpoenas.
NRS 116A.290 - Witnesses: Payment of fees and mileage.
NRS 116A.310 - Use of audio or video teleconference for hearings.
NRS 116A.430 - Regulations governing registration of reserve study specialists; fees.
NRS 116A.432 - Application for certificate or registration; fingerprints.
NRS 116A.630 - Standards of practice for community managers.
NRS 116A.640 - Community manager prohibited from engaging in certain acts; exceptions.