A reserve study is a requirement for Nevada HOAs

Nevada Revised Statutes 116.3115 (2b) states that associations shall establish adequate reserves to be funded on a reasonable basis. This section of the law also states that associations may establish a funding plan that is designated to allocate the costs for the repair, replacement and restorations of the major components of the common elements over a period of years. The funding plan must be financially sound and must ensure that sufficient money is available when the repairs, replacements and restorations are necessary.

RESALE HOME SALES: April 26-May 1

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.

Nonprofits open Boulder Highway Collaborative Campus

Working families, children and seniors needing assistance have access to on-site services with the opening of the Boulder Highway Collaborative Campus. This nonprofit collaboration is a unique campus-style service partnership in Nevada and includes Boys Girls Clubs of Southern Nevada, Lutheran Social Services of Nevada and Nevada Hand.

Lake Tahoe home lists for $10.9M

The exterior and grounds of the 5,385-square-foot home create a storybook setting against a world-class backdrop. Panoramic views from the property include signature granite outcroppings in the crystal-blue waters, Mount Tallac and expansive stages for sunsets and endless stretches of stars.

Demand for luxury evident in local condo market

Thanks to an improved economy, relative housing affordability and the uplift of professional sports via the Vegas Golden Knights and, coming soon, the Raiders, Las Vegas real estate is hot, hot, hot, according to Uri Vaknin, a partner at KRE Capital LLC, which acquired in 2013 a portfolio of more than 1,300 Las Vegas condominiums in partnership with Dune Real Estate Partners.

Nevada Builder Trade In program leads to buyers to beazer

Sometimes, the homebuying and home-selling process goes smoothly with the home search landing “the perfect home in the perfect location” and the sale of the homeowner’s current home moving quickly. At least this was the case for the Pearsons, who purchased a brand-new home on contingency through the Nevada Builder Trade In Program.

Montana snowbirds discover forever home at One Las Vegas

Montana has always been home for Lee and Diana Lewis, but for decades, cold winters have driven them to coastal destinations, including cities in Mexico and Florida, where they enjoyed the sunshine and warmer temperatures.

Mueller files new obstruction charges against Manafort

Special counsel Robert Mueller has brought new obstruction charges against President Donald Trump’s campaign chairman and a longtime associate who prosecutors have said has ties to Russian intelligence.

Campaign 2018: Nevada Dems accused of funneling cash to Clinton

Nevada’s Democratic Party could be pulled into a federal lawsuit that alleges the Hillary Clinton campaign and Democratic National Committee illegally funneled millions to state parties that sent the money back to the DNC to support Clinton.

Justify looks to conquer 1 1/2-mile Belmont, win Triple Crown

If you like Justify, don’t shy away from the win bet because of the short odds. It’s a good play simply because there are more contenders in the field that will attract money.

Trump expects to welcome Capitals to the White House

President Donald Trump said Friday he expects to welcome the hometown Washington Capitals hockey team to the White House for winning the Stanley Cup. But he adds: “If they don’t want to be here, I don’t want them.”

Washington Capitals’ Stanley Cup parade set for Tuesday

The Capitals will hold their Stanley Cup parade on Tuesday, riding down Constitution Avenue to the National Mall to celebrate the first championship in franchise history.

First CCSD elementary school to open in Inspirada

Summer break is here, but Inspirada, Henderson’s best-selling master-planned community, is already gearing up for August, which will mark the inaugural school year for Robert and Sandy Ellis Elementary, the community’s first Clark County School District school.

Summerlin villages offer move-in-ready homes

The master-planned community of Summerlin currently offers more than 180 floor plans in 36 neighborhoods in seven distinct villages. Homes are available in a variety of styles from single-family homes to town homes, priced from the $200,000s to more than $1 million.

 
Can Justify capture Triple Crown at Belmont Stakes? — VIDEO

Review-Journal horse racing columnist Mike Brunker sits down with house handicapper, Patrick McQuiggan to preview the Belmont Stakes and whether or not Justify can become the 13th ever Triple Crown-winner.

Woman fatally shot in Las Vegas apartment, police say

In a statement Friday, police said that the woman, who was found dead in the unit on West Lake Mead Boulevard on Thursday, suffered an apparent gunshot wound to the head, leading homicide detectives to take over the case.