NRS119.320. Fees.  


Latest version.
  •       1.  Subject to the provisions of this chapter, the Division shall collect the following fees at such times and upon such conditions as it may provide by regulation:

     

    For each annual registered representative’s license to represent a developer $85

    For each transfer of a registered representative’s license to represent a developer    30

    For each penalty for a late renewal of a registered representative’s license.. 40

    For each application for a developer’s request for an exemption from any provision of this chapter  275

    For each application for renewal of an exemption from any provision of this chapter           275

    For each developer’s permit per subdivision..................................................... 500

    For each developer’s temporary permit for each subdivision........................ 275

    For each renewal of a developer’s permit.......................................................... 500

    For each developer’s partial registration pursuant to NRS 119.121............. 275

    For each amendment to a developer’s permit.................................................. 150

     

    The $500 fee for a developer’s permit per subdivision does not apply to any subdivision having 34 or fewer lots, parcels, interests or units.

          2.  At the time of the original filing, each developer shall pay an additional $5 for each lot, parcel, interest or unit in any one subdivision in excess of 50, but not exceeding 250 such lots, parcels, interests or units; $4 for 251 through 500 lots, parcels, interests or units in any one subdivision; $3 for 501 through 750 lots, parcels, interests or units in any one subdivision; and $2.50 for all lots, parcels, interests or units in excess of 750 in any one subdivision. The developer may designate lots, parcels, interests or units it intends to offer for sale or lease in this state out of the subdivision, and the fee per lot, parcel, interest or unit is only applicable to those lots, parcels, interests or units. The units must be designated in groupings of no less than 5 contiguous units in each group, except that the Division may accept fewer upon request of the developer. If the developer determines to offer additional lots, parcels, interests or units, it shall so certify to the Division and pay the additional fee therefor.

          3.  With the exception of the fees for a registered representative’s license or transfer, the fees enumerated in this section must be reduced by the Administrator at such times as, in his or her judgment, the Administrator considers a reduction equitable in relation to the necessary costs of carrying out the administration and enforcement of the provisions of this chapter.

      (Added to NRS by 1973, 1762; A 1981, 1618; 1985, 1410; 1987, 1077; 1993, 2294; 2003, 1305)