NRS 119.325
Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license.


The Administrator may impose a fine or suspend, revoke, deny the renewal of or place conditions upon the property report, permit, partial registration, exemption or license issued pursuant to this chapter of a developer at any time if:

1.

The developer obtained the property report, permit, partial registration, exemption or license by false or fraudulent representation; or

2.

The developer violates any of the terms or conditions of the property report, permit, partial registration, exemption or license, the provisions of this chapter or the regulations adopted pursuant thereto.
Ê The Administrator shall not impose a fine of more than $5,000 pursuant to this section.

Source: Section 119.325 — Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license., https://www.­leg.­state.­nv.­us/NRS/NRS-119.­html#NRS119Sec325 (accessed May 26, 2025).

May 26, 2025

§ 119.325. Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license.'s source at nv​.us