SB339 revises provisions for common-interest communities in Nevada, including financial audits, candidate background checks, and dispute resolution.
SB339 revises provisions relating to common-interest communities in Nevada. It mandates the Real Estate Division of the Department of Business and Industry to investigate and audit financial accounts of unit-owners' associations if there is reasonable cause to believe that the accounts have not been properly maintained. The bill also requires background investigations for candidates nominated for membership on executive boards.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.