Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license.
Nev. Rev. Stat. § 119.325
in effectThe Administrator may impose a fine or suspend, revoke, deny the renewal of or place conditions upon the property report, permit, partial registration, exemption or license issued pursuant to this chapter of a developer at any time if:
1. The developer obtained the property report, permit, partial registration, exemption or license by false or fraudulent representation; or
2. The developer violates any of the terms or conditions of the property report, permit, partial registration, exemption or license, the provisions of this chapter or the regulations adopted pursuant thereto.
Ê The Administrator shall not impose a fine of more than $5,000 pursuant to this section.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-119.htmlFetched: 10/4/2026
