NRS 627.010 – Short title.
This chapter may be cited as the Construction Control Law. (Added to NRS by 1965, 1179)
NRS 627.020 – Definitions.
As used in this chapter, the words and terms defined in NRS 627.030 to 627.170, inclusive, unless the context otherwise requires, have the meanings ascribed to them in those sections. (Added to NRS by 1965, 1179)
NRS 627.030 – “Categories of disbursements” defined.
“Categories of disbursements” means categories of construction funds to be disbursed in payment of work, labor and material bills due for construction, repair, alteration or improvement of premises. Such categories shall be in writing and include but not be limited to structural masonry, masonry veneer, plumbing, electrical work, carpentry, reinforcing steel, structural steel, earthwork, heating […]
NRS 627.040 – “Complete plans and specifications” defined.
“Complete plans and specifications” means all written instruments, diagrams, drawings, notations, provisions, statements and lists of materials used by artisans, workers, contractors or subcontractors in the construction, repair, alteration or improvement of premises and approved by the appropriate city or county board, agency, commission, building department or council and upon which the building permit has […]
NRS 627.050 – “Construction control” defined.
A “construction control” is any person that engages in the control or disbursement of any funds payable or paid to laborers, materialmen, material suppliers, contractors, subcontractors, architects, engineers or others, for the purpose of satisfying bills incurred in construction, repair, alteration or improvement of any premises or that engages in the processing or approval of […]
NRS 627.060 – “Construction loan deed of trust” defined.
“Construction loan deed of trust” means any deed of trust recorded or to be recorded as security for a loan for the construction, repair, alteration or improvement of any premises, and includes a construction loan mortgage. (Added to NRS by 1965, 1179)
NRS 627.070 – “Crossing categories of disbursement” defined.
“Crossing categories of disbursement” means the exhausting by disbursement of funds held within a category of disbursement and thereafter the disbursement of funds out of another category to pay for bills applicable to the exhausted category. A construction control does not cross categories of construction if it removes from one category of disbursement funds found […]
NRS 627.080 – “General contract of construction” defined.
“General contract of construction” means a written contract signed by the owner of premises and by a contractor who contracts with other contractors, subcontractors or material suppliers to perform work or labor, or supply materials to such premises. (Added to NRS by 1965, 1180)
NRS 627.090 – “Improvement” defined.
“Improvement” means any existing or proposed structure, building, edifice or addition to real property added to or placed on or under the surface of real property. (Added to NRS by 1965, 1180)
NRS 627.100 – “Lender” defined.
“Lender” means any bank, savings and loan association or savings bank authorized to do business under the laws of the State of Nevada or laws of the United States of America making a loan or providing moneys for construction, repair, alteration or improvement of any premises or any person doing business in the State of […]
NRS 627.110 – “Owner-contractor contract” defined.
“Owner-contractor contract” means any written contract entered into between an owner of premises who is a contractor having the work done and another person for the performance of work or labor, or the supplying of materials, or both, to such owner-contractor having the work done. (Added to NRS by 1965, 1180)
NRS 627.130 – “Premises” defined.
“Premises” means real property or any interests therein. (Added to NRS by 1965, 1180)
NRS 627.140 – “Related construction control” defined.
“Related construction control” means a construction control owned, in whole or in part, by the lender, by one or more of the stockholders of the lender, by one or more of the associates or partners of the lender, or designated by the lender or the lender and the borrower of funds or by the borrower […]
NRS 627.150 – “Restored category of disbursement” defined.
“Restored category of disbursement” means a category of disbursement that has been exhausted below a level sufficient to pay bills to which have been added other funds sufficient to cover such bills. (Added to NRS by 1965, 1180)
NRS 627.160 – “Subcontract” defined.
A “subcontract” is a written contract signed by a contractor who is not the owner of premises and another person for the performance of work or labor or the supplying of materials to bring about the construction, repair, alteration or improvement of any premises. (Added to NRS by 1965, 1180)
NRS 627.170 – “Total cost of construction” defined.
“Total cost of construction” means the total sum payable to a general contractor to complete the construction, repair, alteration or improvement of the premises, or the aggregate total sum payable to others under owner-contractor contracts to complete construction, repair, alteration or improvement of the premises. (Added to NRS by 1965, 1180)
NRS 627.175 – Applicability of chapter.
1. Except as otherwise provided in subsection 2, the following shall not be a construction control or subject to the provisions of this chapter: (a) A contractor licensed under the laws of the State of Nevada, paying a subcontractor, supplier of material, laborer or other person for bills incurred in the construction, repair, alteration or […]