Nevada § 119.140 - License: Required information; application; fee

Full text of Nevada Nevada Revised Statutes § 119.140 — License: Required information; application; fee, with citation guidance and answers to common questions.

§ 119.140. License: Required information; application; fee

Any person or broker proposing to offer or sell any subdivision or lot, parcel, unit

or interest therein in this state shall first submit to the Division: 1. The name and address of each person owning or controlling an interest of 10 percent

or more. 2. The name, principal occupation and address of every officer, director, partner,

owner, associate or trustee of the subdivider. 3. The legal description and area of lands. 4. A true statement of the condition of the title to the land, including all encumbrances

thereon. 5. A true statement of the terms and conditions on which it is intended to dispose

of the land and copies of the instruments which will be delivered to a purchaser to

evidence his or her interest in the subdivision and of the contracts and other agreements

which a purchaser will be required to agree to or sign. 6. A true statement of the provisions, if any, that have been made for public utilities

in the proposed subdivision, including water, electricity, gas, telephone and sewerage

facilities. 7. A true statement of the use for which the proposed subdivision will be offered. 8. A true statement of the provisions, if any, limiting the use or occupancy of the

parcels in the subdivision. 9. A true statement of the maximum depth of fill used, or proposed to be used on each

lot, and a true statement on the soil conditions in the subdivision supported by engineering

reports showing the soil has been, or will be, prepared in accordance with the recommendations

of a licensed civil engineer. 10. A true statement of the amount of indebtedness which is a lien upon the subdivision

or any part thereof, and which was incurred to pay for the construction of any on-site

or off-site improvement, or any community or recreational facility, and the names

and addresses of the holders of the indebtedness together with an indication of their

relationship, if any, to the owner and subdivider. 11. A true statement or reasonable estimate, if applicable, of the amount of any indebtedness

which has been or is proposed to be incurred by an existing or proposed special district,

entity, taxing area or assessment district, within the boundaries of which the subdivision,

or any part thereof, is located, and which is to pay for the construction or installation

of any improvement or to furnish community or recreational facilities to the subdivision,

and which amounts are to be obtained by ad valorem tax or assessment, or by a special

assessment or tax upon the subdivision, or any part thereof. 12. A true statement describing any agricultural activities or conditions in the area

which may adversely affect residents of the subdivision, including any odors, cultivation

and related dust, agricultural burning, application of pesticides, or irrigation and

drainage. 13. Such other information as the owner, his or her agent or subdivider may wish to

present. 14. A completed application for a license in such form and containing such additional

information as the Division may require on its filing forms. 15. The fees prescribed by this chapter.

Frequently Asked Questions About Nevada § 119.140

What does Nevada Revised Statutes § 119.140 cover?

Section 119.140 ("License: Required information; application; fee") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Nevada § 119.140?

A common citation format is "Nevada Revised Statutes § 119.140" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Nevada law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.

How does Nevada § 119.140 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.