NAC119.220. Construction of residential building by licensed contractor who owns land.

The notice required of a developer who elects to be exempt from registration because he or she owns the land, is licensed in this state to construct residential buildings and will construct a residential building on the land, must include:

     1. A copy of the recorded plat map.

     2. The promotional name of the subdivision.

     3. The name and number of the license of the contractor licensed to construct residential buildings in Nevada.

     4. A sworn statement signed by the contractor stating that each lot offered or disposed of will include a residential building when disposition is completed.

     5. A copy of the contract of sale.

     6. The names and addresses of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.

     7. A preliminary title report issued within 15 days before the date of the request for the exemption.

     [Real Estate Div., § 28, eff. 7-16-80]—(NAC A 12-3-84; 5-2-86)