Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter119 Sale of Subdivided Land: Licensing and Regulation |
EXEMPTION FROM REGISTRATION |
NAC119.210. Parcels at least 40 acres in area.
- A developer must submit the following information and documents to obtain an exemption from the requirements set forth in NRS 119.130 to 119.160, inclusive, for parcels at least 40 acres in area, including roadways and easements:
1. A copy of the recorded map showing the number of each unit of the subdivided property.
2. The name, address and extent of the interest of each owner of the subdivision.
3. Copies of current articles of incorporation, instruments of trust, or articles of partnership or association of the developer or owner.
4. If a developer is a corporation organized under the laws of another state and maintains in this state a corporate office for business, a certified copy of the certificate of qualification for the transaction of business in Nevada issued by the Secretary of State.
5. The exact location of the subdivision and distances to surrounding communities.
6. The total number of lots, parcels, units or interests in the subdivision.
7. The total number of acres in the subdivision.
8. A description of methods by which a purchaser may locate his or her individual lot, parcel, unit or interest.
9. A current preliminary report or equivalent document on the title of the subdivision.
10. A description of other property which the developer owns or in which the developer has an option to buy and which is adjacent to the subdivision.
11. All advertising and documents intended to be used which relate to the sale of lots, parcels, units or interests.
12. The promotional name of the subdivision.
13. The names and addresses of any real estate brokers who are licensed in Nevada and will assist in marketing the property.
[Real Estate Div., § 26, eff. 7-16-80]—(NAC A 12-3-84; 5-2-86; 12-19-89)