NV AB324 | 2023 | 82nd Legislature

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on April 15 2023 - 100% progression
Action: 2023-04-15 - (Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)
Text: Latest bill text (Introduced) [PDF]

Summary

AN ACT relating to common-interest communities; requiring the Real Estate Division of the Department of Business and Industry to adopt regulations establishing a mechanism by which a unit's owner in a common-interest community may deposit into an escrow account certain assessments during the mediation of certain claims; providing that any assessment deposited in such an account does not become past due for a certain period of time; authorizing a mediator to take certain actions if a party fails to mediate certain claims in good faith; requiring the Commission for Common-Interest Communities and Condominium Hotels to conduct an election to replace the members of the executive board of a unit-owners' association under certain circumstances; requiring parties to certain claims submitted to mediation to mediate in good faith; and providing other matters properly relating thereto.

Tracking Information

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Title

Revises provisions relating to common-interest communities. (BDR 3-769)

Sponsors


History

DateChamberAction
2023-04-15Assembly(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.)
2023-03-30AssemblyNotice of eligibility for exemption.
2023-03-20AssemblyFrom printer. To committee.
2023-03-17AssemblyRead first time. Referred to Committee on Judiciary. To printer.

Nevada State Sources


Bill Comments

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