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.
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.
Nevada Affordable Housing Assistance Corp., administrator of the Nevada Hardest Hit Fund . The nonprofit has partnered with the U.S. Department of Treasury for four programs that aid homeowners who owe more than their home is worth, are past due on their mortgage or experienced job loss or financial hardship.
It appears the formula is probably part of either the covenants, conditions and restrictions or the architectural guidelines, which most likely would require formal process to amend. Your rules probably have specific setbacks, which is why the larger pools cannot be located on the lots.
The desire for affordable new housing in Las Vegas and the trend of price increases has buyers antsy of where the marketplace is heading when they’re out looking for that first home or a move-up home.
I call it the “pizza delivery” law. Nevada Revised Statute 116,31031 subsection 1b2, which states that a fine may not be imposed against a unit owner or tenant or invitee of a unit owner or tenant for a violation that involves a vehicle operated by a person who is delivering goods to or performing services for the unit owner, tenant or invitee of the unit owner or tenant.
A Southern California private industrial real estate investment and development firm made its first play in the Las Vegas market in 2017, and is actively looking to invest in the valley.
A group of longtime players in the commercial real estate realm, several of which have long histories in the Las Vegas market, are in the process of raising multiple large-scale projects, mostly industrial, in the valley.
Over the many years of my managing community associations, it has been on rare occasions that the conditions within the communities warranted armed security guards.
Nevada Revised Statute 116.3103 pertains to the fiduciary responsibilities of the board of directors: “In the performance of their duties, the officers and members of the executive board are fiduciaries and shall act on an informed basis, in good faith and in the honest belief that their actions are in the best interest of the association.”
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.
It’s clearly unfair to mislead agents by asking for a free market analysis on the pretense that you’re ready to list the property, but you can be upfront about it. Explain that you’re going to try for-sale-by-owner, and ask if they’re willing to confer with you on that understanding.
Local home prices kept climbing through April as the local housing supply continued contracting, according to a report released today by the Greater Las Vegas Association of Realtors.
It is obvious from this email that you are very passionate about animals and they certainly need our protection. You need to review the community covenants, conditions and restrictions, as you would generally find some statement pertaining to pets. If they allow at least two pets, to make any changes would require an amendment approved by the homeowners, which generally would require at least a 67 percent approval.
