1. In addition to any other remedy or penalty, the Administrator may impose an administrative fine against any person who knowingly:
(a) Engages or offers to engage in any activity for which a license, permit or registration or any type of authorization is required pursuant to this chapter, or any regulation adopted pursuant thereto, if the person does not hold the required license, permit or registration or has not been given the required authorization; or
(b) Assists or offers to assist another person to commit a violation described in paragraph (a).
2. If the Administrator imposes an administrative fine against a person pursuant to this section, the amount of the administrative fine may not exceed the amount of any gain or economic benefit that the person derived from the violation or $5,000, whichever amount is greater.
3. In determining the appropriate amount of the administrative fine, the Administrator shall consider:
(a) The severity of the violation and the degree of any harm that the violation caused to other persons;
(b) The nature and amount of any gain or economic benefit that the person derived from the violation;
(c) The person’s history or record of other violations; and
(d) Any other facts or circumstances that the Administrator deems to be relevant.
4. Before the Administrator may impose the administrative fine, the Administrator must provide the person with notice and an opportunity to be heard.
5. The person is entitled to judicial review of the decision of the Administrator in the manner provided by chapter 233B of NRS.
6. The provisions of this section do not apply to a person who engages or offers to engage in activities within the purview of this chapter if:
(a) A specific statute exempts the person from complying with the provisions of this chapter with regard to those activities; and
(b) The person is acting in accordance with the exemption while engaging or offering to engage in those activities.
(Added to NRS by 2003, 1304)
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.