1. Subject to the provisions of this chapter, the Division shall collect the following fees at such times and upon such conditions as it may provide by regulation:
(a) For deposit in the State General Fund:
For each annual registered representative’s license to represent a developer $85
For each transfer of a registered representative’s license to represent a developer 30
For each penalty for a late renewal of a registered representative’s license.. 40
For each developer’s permit per subdivision..................................................... 500
For each developer’s temporary permit for each subdivision......................... 275
For each renewal of a developer’s permit.......................................................... 500
For each developer’s partial registration pursuant to NRS 119.121.............. 275
The $500 fee for a developer’s permit per subdivision does not apply to any subdivision having 34 or fewer lots, parcels, interests or units.
(b) For deposit for use by the Division in carrying out the provisions of this chapter:
For each application for a developer’s request for an exemption from any provision of this chapter $500
For each application for renewal of an exemption from any provision of this chapter 500
For each penalty for a late renewal of a developer’s permit........................... 125
For each amendment to a developer’s permit.................................................... 300
For each penalty for the untimely filing of an amendment to a developer’s permit 125
For each filing of a Project Registration Form 649 - Statement of Project Broker 25
For each project request for processing within 5 days after a complete filing is made 1,000
2. At the time of the original filing, each developer shall pay an additional $5 for each lot, parcel, interest or unit in any one subdivision in excess of 50, but not exceeding 250 such lots, parcels, interests or units; $4 for 251 through 500 lots, parcels, interests or units in any one subdivision; $3 for 501 through 750 lots, parcels, interests or units in any one subdivision; and $2.50 for all lots, parcels, interests or units in excess of 750 in any one subdivision. The developer may designate lots, parcels, interests or units it intends to offer for sale or lease in this state out of the subdivision, and the fee per lot, parcel, interest or unit is only applicable to those lots, parcels, interests or units. The units must be designated in groupings of no less than 5 contiguous units in each group, except that the Division may accept fewer upon request of the developer. If the developer determines to offer additional lots, parcels, interests or units, it shall so certify to the Division and pay the additional fee therefor.
3. With the exception of the fees for a registered representative’s license or transfer, the fees enumerated in this section must be reduced by the Administrator at such times as, in his or her judgment, the Administrator considers a reduction equitable in relation to the necessary costs of carrying out the administration and enforcement of the provisions of this chapter.
(Added to NRS by 1973, 1762; A 1981, 1618; 1985, 1410; 1987, 1077; 1993, 2294; 2003, 1305; 2015, 2785)
Structure Nevada Revised Statutes
Chapter 119 - Sale of Subdivided Land: Licensing and Regulation
NRS 119.015 - "Administrator" defined.
NRS 119.020 - "Blanket encumbrance" defined.
NRS 119.030 - "Broker" defined.
NRS 119.040 - "Developer" defined.
NRS 119.045 - "Director" defined.
NRS 119.050 - "Division" defined.
NRS 119.055 - "Hearing officer" defined.
NRS 119.060 - "Offer" defined.
NRS 119.070 - "Person" defined.
NRS 119.075 - "Property report" defined.
NRS 119.080 - "Purchaser" defined.
NRS 119.090 - "Registered representative" defined.
NRS 119.105 - "Statement of record" defined.
NRS 119.110 - "Subdivision" defined.
NRS 119.114 - Administration by Real Estate Division; duties of Attorney General.
NRS 119.116 - Employment of counsel, investigators and professional consultants.
NRS 119.118 - Support of Division by legislative appropriation; disposition of fees and charges.
NRS 119.1193 - Applicability to subdivision restricted exclusively to nonresidential use.
NRS 119.121 - Exemptions: Single purchase; small lots; requirements for partial registration.
NRS 119.125 - Exemptions: Time shares; memberships in campgrounds.
NRS 119.128 - Exemptions: Limitation.
NRS 119.140 - License: Required information; application; fee.
NRS 119.150 - License: Investigation.
NRS 119.160 - License: Issuance; denial; temporary permit; hearing.
NRS 119.165 - Renewal of permit; creation and maintenance of website; fees.
NRS 119.167 - Requirement to notify Division in writing of certain convictions.
NRS 119.170 - Sales: Reference to Division or employees prohibited.
NRS 119.175 - Responsibility of developer for acts of others.
NRS 119.180 - Sales: Approval of plan and methods required; application by broker and salesperson.
NRS 119.182 - Sales: Review of information by broker or salesperson; rescission by purchaser.
NRS 119.183 - Sales: Disclosure to purchaser concerning public services and utilities.
NRS 119.184 - Sales: Approval of advertising and offering.
NRS 119.185 - Qualifications of registered representatives.
NRS 119.190 - Additional penalty for violations.
NRS 119.200 - Participation by officers and employees of Division prohibited.
NRS 119.210 - News media not liable for publication or content of advertisements.
NRS 119.220 - Action by purchaser or Administrator for misrepresentation or other violation.
NRS 119.230 - Sale under blanket encumbrance unlawful; exceptions.
NRS 119.240 - Adoption of regulations required.
NRS 119.250 - Actions to enjoin violations; intervention.
NRS 119.260 - Orders to cease and desist; agreement with developer in lieu of issuance of order.
NRS 119.270 - Hearing officers.
NRS 119.290 - Service of process; witness fees.
NRS 119.300 - Action to compel attendance of witnesses and production of documents.
NRS 119.310 - Depositions and discovery.
NRS 119.322 - Disciplinary action for failure to pay money to Real Estate Division.