As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 119B.020 to 119B.100, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1985, 1656; A 1987, 1083; 2003, 1312)
“Administrator” means the Real Estate Administrator. (Added to NRS by 1985, 1656)
“Affiliate” of a developer means a person who, directly, through one or more intermediaries, controls or is controlled by or is under common control with the developer. (Added to NRS by 1985, 1656)
“Broker of record” means a licensed real estate broker who has responsibility for the marketing and sale of memberships in a campground. (Added to NRS by 1985, 1656)
“Campground” means any real property which has camping sites available for use, occupancy or ownership, unless all the camping sites are open to the general public for a daily or other periodic fee. The term does not include any residential structure affixed to the land. (Added to NRS by 1985, 1656)
“Camping site” means a space designed and offered for the purpose of locating a trailer, tent, tent trailer, pickup camper or other similar device used for camping. (Added to NRS by 1985, 1656)
“Developer” means a person who solicits memberships and sells contracts of membership for consideration in a campground which affords camping sites and related facilities primarily to members, unless the person is exempt from federal taxation pursuant to 26 U.S.C. § 501 (c)(3). (Added to NRS by 1985, 1656)
“Division” means the Real Estate Division of the Department of Business and Industry. (Added to NRS by 2003, 1311)
“Membership” means an agreement offered or sold within this state evidencing a purchaser’s right or license to use, for more than 30 days, a campground or its recreational facilities. (Added to NRS by 1985, 1656)
“Offer” means every inducement, solicitation or attempt to bring about the sale of a membership in a campground. (Added to NRS by 1985, 1657)
“Public offering statement” means a report, issued by the Administrator pursuant to the provisions of this chapter, which authorizes a developer to offer to sell memberships in a campground which is the subject of the report. (Added to NRS by 1987, 1082)
“Purchaser” means a present or prospective member. (Added to NRS by 1985, 1657)
The Administrator may: 1. Adopt regulations which are necessary to carry out the provisions of this chapter. 2. Employ such legal counsel, investigators and other professional consultants as are necessary to carry out the provisions of this chapter. (Added to NRS by 1985, 1658)
1. The Administrator may adopt regulations which establish procedures for the Division to conduct business electronically pursuant to title 59 of NRS with persons who are regulated pursuant to this chapter and with any other persons with whom the Division conducts business. The regulations may include, without limitation, the establishment of fees to pay the […]
1. The provisions of this chapter do not apply to: (a) An offering subject and registered pursuant to the provisions of chapter 119 of NRS; (b) An offering subject and registered pursuant to the provisions of chapter 119A of NRS; (c) An offer, sale or transfer by any one person of no more than one […]
