Nevada Statutes
§ 119.325 — Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license
Nevada § 119.325
This text of Nevada § 119.325 (Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 119.325 (2026).
Text
The Administrator may impose a fine or suspend, revoke, deny the renewal of or place conditions upon the property report, permit, partial registration, exemption or license issued pursuant to this chapter of a developer at any time if:
1.The developer obtained the property report, permit, partial registration, exemption or license by false or fraudulent representation; or
2.The developer violates any of the terms or conditions of the property report, permit, partial registration, exemption or license, the provisions of this chapter or the regulations adopted pursuant thereto.
Ê The Administrator shall not impose a fine of more than $5,000 pursuant to this section.
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Legislative History
(Added to NRS by 1995, 376 ; A 2001, 529 )
Nearby Sections
15
§ 119.010
Definitions§ 119.015
“Administrator” defined§ 119.020
“Blanket encumbrance” defined§ 119.030
“Broker” defined§ 119.040
“Developer” defined§ 119.045
“Director” defined§ 119.050
“Division” defined§ 119.055
“Hearing officer” defined§ 119.060
“Offer” defined§ 119.070
“Person” defined§ 119.075
“Property report” defined§ 119.080
“Purchaser” defined§ 119.090
“Registered representative” defined§ 119.100
“Sale” defined§ 119.105
“Statement of record” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 119.325, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/119.325.