119A.355 - Renewal of permit. - Nevada Statutes

119A.355  Renewal of permit.

      1.  A permit must be renewed annually by the developer by filing an application with and paying the fee for renewal to the Administrator. The application must be filed and the fee paid not later than 30 days before the date on which the permit expires. The application must include the budget of the association and any change that has occurred in the information previously provided to the Administrator or in a statement of disclosure provided to a prospective purchaser pursuant to the provisions of NRS 119A.400.

      2.  The renewal is effective on the 30th day after the filing of the application unless the Administrator:

      (a) Denies the renewal pursuant to NRS 119A.654 or for any other reason; or

      (b) Approves the renewal on an earlier date.

      (Added to NRS by 1987, 1080; A 2001, 530, 2504)