A Las Vegas Realtors report shows 2023 was the slowest year for local home sales in at least a decade, though local home prices increased slightly amid a tight housing supply.
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Your association should not count a yes vote for homeowners who don’t vote.
A report released Tuesday by Las Vegas Realtors shows local home prices dipping for the second straight month, with fewer homes selling and more available for sale.
Multifamily real estate rent amounts continued to increase during that same period, and home values at sale continue to trend up, meaning profits continued to climb for investors.
Kevin Sigstad, a former president of the statewide Nevada Realtors and the Reno/Sparks Association of Realtors, has been elected to serve as a National Association of Realtors regional vice president.
A recent Las Vegas Realtors report shows the local housing market started 2021 with home prices still rising and the housing supply still shrinking.
The termination of a homeowner association is complicated. Sections pertaining to termination include Nevada Revised Statute 116.2118, NRS 116.21183 and NRS 116.21185. First, an association may be terminated only by agreements of the units owners to whom at least 80 percent of the votes are allocated or any larger percentage the declaration (CCRs) specifies. There may also be other approval requirements found within the declaration.
A recent report by Las Vegas Realtors shows local home prices holding their ground amid the coronavirus pandemic and economic downturn, though fewer homes are selling.
Under certain exceptions per Nevada Revised Statutes 116.350, commercial vehicles can be parked within a community regardless of the association’s regulations.
The law does require disclosure, unfortunately, it does not state that the candidate can be disqualified by the association, nor does the law state the association has the right to inform the membership of information that should have been disclosed by the candidate that would deem that candidate ineligible.