NRS 627.175
Applicability of chapter.


1.

Except as otherwise provided in subsection 2, the following shall not be a construction control or subject to the provisions of this chapter:

(a)

A contractor licensed under the laws of the State of Nevada, paying a subcontractor, supplier of material, laborer or other person for bills incurred in the construction, repair, alteration or improvement of any premises.

(b)

A subcontractor licensed to do business under the laws of the State of Nevada, paying a subcontractor, supplier of material, laborer or other person for bills incurred in the construction, repair, alteration or improvement of any premises.

(c)

An owner-contractor paying a contractor, subcontractor, supplier of material, laborer or other person for bills incurred in the construction, repair, alteration or improvement of any premises.

(d)

A lender of construction loan money, provided that the lender disburses the money directly to a contractor authorized by the borrower to do the work, or disburses the money directly to the owner of the premises.

(e)

A lender of construction loan money, to an owner of a residential property or to an owner of not more than four units if the loan is made to repair or improve such property and the construction costs are $10,000 or less, or 35 percent of the appraised value of the improvements and repairs, whichever is greater.

2.

The provisions of this chapter apply to a contractor who is required to obtain the services of a construction control pursuant to the provisions of NRS 624.264, 624.323 or 624.960.
SURETY BOND OR OTHER SECURITY

Source: Section 627.175 — Applicability of chapter., https://www.­leg.­state.­nv.­us/NRS/NRS-627.­html#NRS627Sec175.

Last Updated

Feb. 5, 2021

§ 627.175’s source at nv​.us