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Real Estate News

LVR reports rising prices, record year

A report released Thursday by Las Vegas Realtors shows 2021 was a record year for sales of existing homes in Southern Nevada, with more than 50,000 properties changing hands despite rapidly rising prices and a tight housing supply.

Homeowner says HOA is subsidizing golf country club

You or your association would need an attorney to review the governing documents and any other pertinent information pertaining to the legal relationship between the association and the country club/golf course. This information would provide you with the answer as to the country club/golf course’s financial obligations. If the information shows that country club/golf course should be absorbing more of the operating costs, your association would need to get involved with the assistance of their attorney to make changes with them.

Community wants to remove HOA board members

NRS 116.31036 addresses the removal process. The law has two requirements. The first is that at least 35 percent of the total number of voting members submit their ballots. Second, assuming that the association met the first requirement of the 35 percent, at least a majority of all the votes cast voted to remove the directors. Both requirements must be met in order to remove directors.

Brad Spires named Realtor of the Year

The statewide Nevada Realtors honored its leading members at an installation and awards event in Reno, naming Brad Spires as its Nevada Realtor of the Year and recognizing others from around the state for their continued service to their association, their profession and their communities.

Homeowners feel harassed by board, management company

I appreciate your input to direct us how to handle this. We feel the Real Estate Division protects the management and not the homeowners. We have an investment here and want to be heard.

THE LATEST
Las Vegas real estate poised to end 2021 with record-breaking sales

The 2021 Las Vegas real estate market has created the expectation of record-breaking prices every month. Total closed single-family residential sales for 2021 could potentially break an all-time record, should December produce at least 2,449 single-family residential closings.

Homeowner wants kelly green door on new house

In this case, as an example, the association may not allow two adjacent homes to have a kelly green door. You need to contact the management company to find out their policy.

HOA management company charges ARC fee

As to your first question: A number of management companies are now charging an architectural fee.

REAL ESTATE BRIEFS: DEC. 4

NAIOP Southern Nevada, an organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, is supporting CASA Foundation of Las Vegas this holiday season with its annual toy drive.

Homeowner disagrees with HOA parking policy

Subsection 1 states that regardless of the association is gated or enclosed, the association shall not regulate any road, street, alleyway or other thoroughfare the right-of-way, which is accepted by the state or local government for dedication as a road, street, alley or thoroughfare for public use.

Community to complete landscaping project over three years

The project pertained to palm trees in the community. After receiving the proposal from the current landscaper, the board decided to have this landscape project spread out over a three-year period. In essence, dividing the landscape into three sections. One section would be done each year until the project was completed. The work would be performed by the current landscape contractor. The board had some reservations about spreading the work over the three-year period.

Black or white? Can HOA determine fence color?

The fact that the developer and or previous boards granted the variances does not necessarily negate the current and future boards from properly enforcing the association’s governing documents.

Law says homeowner can receive HOA payment plan

You should be able to find out if your account is with collections. Once you have that information, you should send a formal request to meet with the board to ask for a payment plan (which you are entitled under state law) and ask for them to waive the late fees, which is up to the board’s discretion.

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