§ 116B.725 Applicability; exceptions
§ 116B.730 Liability for preparation and delivery of public offering statement
§ 116B.735 Public offering statement: General provisions
§ 116B.740 Public offering statement: Condominium hotels subject to developmental rights
§ 116B.745 Public offering statement: Condominium hotel containing converted building
§ 116B.750 Public offering statement: Condominium hotel registered with Securities and Exchange Commission or State of Nevada
§ 116B.755 Purchaser’s right to cancel
§ 116B.760 Resales of units
§ 116B.765 Required form of information statement
§ 116B.770 Escrow of deposits; furnishing of bond in lieu of deposit
§ 116B.775 Release of liens
§ 116B.780 Exclusion or modification of warranties of quality
§ 116B.785 Power of Commission to adopt regulations concerning additional disclosures
§ 116B.790 Effect of violations on rights of action; civil action for damages for failure or refusal to comply with provisions of chapter or governing documents; members of executive board not personally liable to victims of crimes; circumstances under which
§ 116B.795 Substantial completion of units

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Terms Used In Nevada Revised Statutes > Chapter 116B > Protection of Purchasers

  • Administrator: means the State Library, Archives and Public Records Administrator. See Nevada Revised Statutes 378.005
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Authorized representative: means a person designated by the governing body to be responsible for the development, award and proper administration of all purchases and contracts for a local government or a department, division, agency, board or unit of a local government made pursuant to this chapter. See Nevada Revised Statutes 332.025
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Board: means the State Historical Records Advisory Board. See Nevada Revised Statutes 378A.020
  • Chief administrative officer: means the person directly responsible to the governing body for the administration of that particular entity. See Nevada Revised Statutes 332.025
  • Contract: means a written contract entered into between a contractor and a public body for the provision of labor, materials, equipment or supplies for a public work. See Nevada Revised Statutes 338.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Contractor: means :

    (a) A person who is licensed pursuant to the provisions of chapter 624 of NRS. See Nevada Revised Statutes 338.010

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Council: means the State Council on Libraries and Literacy. See Nevada Revised Statutes 380A.021
  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Day labor: means all cases where public bodies, their officers, agents or employees, hire, supervise and pay the wages thereof directly to a worker or workers employed by them on public works by the day and not under a contract in writing. See Nevada Revised Statutes 338.010
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Division: means the Division of State Library, Archives and Public Records of the Department. See Nevada Revised Statutes 378.005
  • Division: means the State Public Works Division of the Department of Administration. See Nevada Revised Statutes 338.010
  • Eligible bidder: means a person who is:

    (a) Found to be a responsible and responsive contractor by a local government or its authorized representative which requests bids for a public work in accordance with paragraph (b) of subsection 1 of NRS 338. See Nevada Revised Statutes 338.010

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Governing body: means the board, council, commission or other body in which the general legislative and fiscal powers of the local government are vested. See Nevada Revised Statutes 332.025
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • local government: means :

    (a) Every political subdivision or other entity which has the right to levy or receive money from ad valorem taxes or other taxes or from any mandatory assessments, including counties, cities, towns, school districts and other districts organized pursuant to chapters 244, 318, 318A, 379, 450, 474, 539, 541, 543 and 555 of NRS. See Nevada Revised Statutes 332.015

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Offense: means :

    (a) Failing to:

    (1) Pay the prevailing wage required pursuant to this chapter;

    (2) Pay the contributions for unemployment compensation required pursuant to chapter 612 of NRS;

    (3) Provide and secure compensation for employees required pursuant to chapters 616A to 617, inclusive, of NRS; or

    (4) Comply with subsection 5 or 6 of NRS 338. See Nevada Revised Statutes 338.010

  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Public body: means the State, county, city, town, school district or any public agency of this State or its political subdivisions sponsoring or financing a public work. See Nevada Revised Statutes 338.010
  • Public work: means any project for the new construction, repair or reconstruction of a project financed in whole or in part from public money for:

    (a) Public buildings;

    (b) Jails and prisons;

    (c) Public roads;

    (d) Public highways;

    (e) Public streets and alleys;

    (f) Public utilities;

    (g) Publicly owned water mains and sewers;

    (h) Public parks and playgrounds;

    (i) Public convention facilities which are financed at least in part with public money; and

    (j) All other publicly owned works and property. See Nevada Revised Statutes 338.010

  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Solicitation: means a written statement which sets forth the requirements and specifications of a contract to be awarded by:

    (a) An invitation to bid;

    (b) A request for proposals;

    (c) A request for a statement of qualifications;

    (d) A request for a quotation; or

    (e) Any other accepted method of purchasing that complies with the provisions of this chapter. See Nevada Revised Statutes 332.025

  • Subcontractor: means a person who:

    (a) Is licensed pursuant to the provisions of chapter 624 of NRS or performs such work that the person is not required to be licensed pursuant to chapter 624 of NRS; and

    (b) Contracts with a contractor, another subcontractor or a supplier to provide labor, materials or services for a construction project. See Nevada Revised Statutes 338.010

  • Wages: means :

    (a) The basic hourly rate of pay; and

    (b) The amount of pension, health and welfare, vacation and holiday pay, the cost of apprenticeship training or other bona fide fringe benefits which are a benefit to the worker. See Nevada Revised Statutes 338.010

  • Worker: means a skilled mechanic, skilled worker, semiskilled mechanic, semiskilled worker or unskilled worker in the service of a contractor or subcontractor under any appointment or contract of hire or apprenticeship, express or implied, oral or written, whether lawfully or unlawfully employed. See Nevada Revised Statutes 338.010