NAC116A.165. Supervising community managers: Qualifications and responsibilities.

     1. A community manager is qualified to act as a supervising community manager if he or she:

     (a) Submits to the Division, on a form prescribed by the Division, an application to act as a supervising community manager;

     (b) Has been actively engaged in the full-time management of a common-interest community in this State, another state or the District of Columbia for at least 4 years immediately preceding becoming a supervising community manager, with at least 2 of the 4 years of experience obtained in this State;

     (c) Is in good standing with the Division or any state or the District of Columbia where he or she is licensed or certified; and

     (d) Is competent to engage in the management of a common-interest community and the supervision of community managers in a manner which will safeguard the interests of the public.

     2. A supervising community manager is responsible for:

     (a) Supervising one or more provisional community managers or community managers;

     (b) Determining the competency of the provisional community managers or community managers who are supervised by him or her to perform delegated tasks of managing a common-interest community;

     (c) Teaching the provisional community managers and community managers who are supervised by him or her the fundamentals of managing a common-interest community and the ethics of the profession;

     (d) Supervising the activities and operation of managing a common-interest community;

     (e) Establishing the policies, rules, procedures and systems that will allow the supervising community manager to review, oversee and manage any business conducted by the provisional community managers or community managers who are supervised by him or her, including any other employees;

     (f) Establishing reasonable procedures and safeguards for the filing, storage, handling and maintenance of documents that may have a material effect upon the rights or obligations of the parties to the management agreement and the association affected by the management agreement; and

     (g) Establishing reasonable procedures and safeguards for the handling of any money received on behalf of a client.

     3. In establishing the policies, rules, procedures and systems pursuant to subsection 2, a supervising community manager shall consider the number of community managers and other employees associated with the supervising community manager and the number and location of branch offices operated or managed by the supervising community manager.

     4. The supervising community manager shall appoint for each branch office a supervising community manager to supervise and oversee the activities and operations of the branch office.

     (Added to NAC by Comm’n for Common-Interest Communities by R129-04, 4-14-2005, eff. 1-1-2006; A by R205-05, 9-18-2006; A by Comm’n for Common-Interest Communities & Condo. Hotels by R165-09, 12-16-2010)—(Substituted in revision for NAC 116.185)