NAC119.225. Registration not necessary in the public interest.  


Latest version.
  •      1. The Administrator will make a determination that a registration is not necessary in the public interest upon receipt of evidence of the applicant’s compliance with the provisions of NRS 119.230, together with any other evidence which the Administrator deems necessary to make that determination.

         2. The Administrator will use, among others, the following factors in making a determination:

         (a) The intended use of property;

         (b) The direction of the growth of the area;

         (c) The availability of utilities;

         (d) Whether financial assurances have been established by the applicant; and

         (e) The need for housing in the area.

     [Real Estate Div., § 29, eff. 7-16-80]—(NAC A 12-3-84)