Nev. Admin. Code § 119.235 - Parcels greater than 80 acres in area

1. A developer must notify the Division in writing of his or her election to be exempt from registration under paragraph (a) of subsection 2 of NRS 119.120 (parcels greater than 80 acres).

2. If the developer wishes the Division to determine his or her eligibility for such an exemption, the developer must submit the following information and documents:

(a) A copy of the recorded plat map;

(b) The promotional name of the property;

(c) A certified statement of a civil engineer licensed by the state in which the subdivision is located that each lot, parcel, unit or interest exceeds 80 acres in size after all easements have been subtracted;

(d) A sworn statement by the developer that he or she will not at any time convey a lot, parcel, unit or interest in the subdivision which is 80 acres or less in size;

(e) A promotional plan; and

(f) The name and address of any real estate brokers who are licensed in Nevada and who will assist in marketing the property.

Notes

Nev. Admin. Code § 119.235

[Real Estate Div., § 31, eff. 7-16-80]-(NAC A 12-3-84)

NRS 119.120, 119.240