§ 119.320 — Fees

Nevada § 119.320

• Jurisdiction: Nevada
• Title 10: PROPERTY RIGHTS AND TRANSACTIONS
• Ch. 119: Sale

Text

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.

Legislative History

(Added to NRS by 1973, 1762 ; A 1981, 1618 ; 1985, 1410 ; 1987, 1077 ; 1993, 2294 ; 2003, 1305 ; 2015, 2785 )