NRS 119A.300
Requirements for issuance of initial permit.
1.
Files by electronic means or in any other manner prescribed by the Administrator, a statement of record which includes:(a)
The name and address of the project broker;(b)
A copy of each time-share instrument that relates to the time-share plan;(c)
A preliminary title report for the project issued within 30 days before submission of the application and copies of the documents listed as exceptions in the report;(d)
Copies of any other documents which relate to the time-share plan or the project, including any contract, agreement or other document to be used to establish and maintain an association and to provide for the management of the time-share plan or the project, or both;(e)
Copies of instructions for escrow, deeds, sales contracts and any other documents that will be used in the sale of the time shares;(f)
A copy of any proposed trust agreement which establishes a trust for the time-share plan or the project, or both;(g)
Documents which show the current assessments for property taxes on the project;(h)
Documents which show compliance with local zoning laws;(i)
If the units which are the subject of the time-share plan are in a condominium project, or other form of common-interest ownership of property, documents which show that use of the units is in compliance with the documents which created the common-interest ownership;(j)
Copies of all documents which will be given to a purchaser who is interested in participating in a program for the exchange of occupancy rights among owners and copies of the documents which show acceptance of the time-share plan in such a program;(k)
A copy of the budget or a projection of the operating expenses of the association, if applicable;(l)
For a points-based time-share plan, a copy of the current point-value use directory and the rules and procedures for changes by the developer or the association to the manner in which point values may be used;(m)
A financial statement of the developer; and(n)
The public offering statement described in NRS 119A.307 in a form prescribed by regulation of the Division;2.
Pays the fee for an initial permit provided for in NRS 119A.360; and3.
Corrects any deficiencies in the application, including, without limitation, any deficiencies in the public offering statement.
Source:
Section 119A.300 — Requirements for issuance of initial permit., https://www.leg.state.nv.us/NRS/NRS-119A.html#NRS119ASec300.