NAC489.780. Limited resale license: Issuance; validity; termination of employment of manager.

     1. Upon receipt of an application for a limited resale license, the fee required by NAC 489.775 and any other information required by the Division, the Division will approve the application and issue to the applicant a limited resale license, unless the Division determines that the applicant is not fit to conduct the sale of the used mobile home or manufactured home identified in the application.

     2. A limited resale license issued by the Division is valid only for the purpose of selling the used mobile home or manufactured home identified in the application for the license and for which the applicant submitted:

     (a) A copy of the certificate of title or certificate of ownership of the used mobile home or manufactured home;

     (b) A copy of the notice of lien, the notice of sale by auction or the lien satisfaction form; and

     (c) Any other information deemed necessary by the Division.

     3. If a landlord of a mobile home park terminates the employment of a manager of the park who has applied for or holds a limited resale license, the landlord shall, as soon as practicable, provide written notice of the termination to the Division and the application or license of the manager becomes invalid.

     (Added to NAC by Mfd. Housing Div. by R036-03, eff. 9-24-2003; A by R126-08, 12-17-2008)