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Real Estate News

Attorney says SB4 does not offer HOAs complete immunity from liability

I continue to receive emails each week concerning homeowners association boards that have not yet opened their amenities, specifically their swimming pools. My column has noted the various restrictions and requirements that have been set by our governor’s directives by Local Empowerment Advisory Panel, or LEAP, and by the Southern Nevada Health District. The opening up of the swimming pools is not an inexpensive proposition for boards.

Former HOA president accused of creating havoc

Nevada Revised Statute 116.31184 addresses threats, harassment and other conduct that is prohibited by this law. The law further clarifies as follows: The action causes harm or serious emotional distress or the reasonable apprehension thereof to that person or creates a hostile environment for that person. A person who violates this provision can be found guilty of a misdemeanor.

Southern Nevada home prices rise; fewer homes sell

A report released Wednesday by Las Vegas Realtors shows local home prices setting another all-time record despite the coronavirus pandemic, though fewer homes sold in August than during the same time last year.

Home + History mix of vitual, live events

The Nevada Preservation Foundation usually holds its annual Home + History tours in April. This year, the events will be a mix of live and virtual activities. Most of the events are sold out. They started on Friday and will continue through Sunday.

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HOA board member has a lot of questions

Note: Last week, we left out the names of my column’s guest writers. They are John Leach, Cheri Hauer and Donna Zanetti of the law firm Leach, Kern, Gruchow, Anderson and Song.

Nevada Realtors statement on eviction moratorium extension

This week, Nevada Realtors issued a statement from NVR President Chris Bishop about Nevada Gov. Steve Sisolak’s Aug. 31 announcement that extended the state’s moratorium on evictions for another 45 days beyond the original Sept. 1 expiration date:

How to know if real estate is right for you

Should I go into real estate? Real estate is a unique opportunity. Let’s go back 10 years, when we had the downturn. What was selling? Even with thousands and thousands of foreclosures. People still bought homes and the industry kept going.

Move 4 Less assists HELP of Southern Nevada clients

Seven former homeless adults are sleeping in their own beds in their own apartments. They are clients of HELP of Southern Nevada, who have entered the nonprofit organization’s Hospital to Home housing program. To make their transition from homelessness a reality, Move 4 Less assisted HELP of Southern Nevada by moving new mattresses and frames into the seven client apartments.

New bill limiting COVID-19 liability covers HOAs

During the 32nd Special Legislative Session, the Nevada Legislature passed and the governor signed Senate Bill 4, which limits liability for COVID-19 related claims for most businesses and nonprofits. Initially, the bill did not cover common-interest communities, but thanks to the work of industry groups such as Community Association Institute of Nevada’s Legislative Action Committee (CAI LAC) and the Nevada Association of Community Managers (NACM), SB 4 was amended to include our industry.

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CALV to host virtual Commercial Education Day

HOA should rethink removing its community gate

To remove the automatic gate would require the vote of the board of directors. As much as the gate system can be costly to maintain, you need to ask the question why was the automatic gate system installed in the first place. To remove the gate now could cause a backlash from homeowners who wanted the gate installed for security reasons.

NDL Group gets a 2020 NAIOP Spotlight Award

NDL Group Inc. received the Southern Nevada’s 2020 Spotlight Award honor award for the Industrial Tenant Improvement of the Year category featuring its WIN Distribution project at the recent 23rd Annual NAIOP Spotlight Awards virtual ceremony.

State laws regulate posting of political signs in communities

Under Nevada Revised Statute 116.325, your association does not have the right to prohibit the displaying of political signs as long as the resident is abiding by this restrictions under this statute. The political sign cannot be placed in the common area but must be displayed where the resident has the right to occupy and use exclusively. The sign is not to be any larger than 24-inches-by-36 inches. If the home is occupied by a tenant, the owner of the home cannot place a sign on his property unless the tenant consents to the sign in writing. You may have as many political signs as desired but may not have more than one political sign for each candidate, political party or ballot question. All political signs are subject to any applicable provisions of law governing the posting of political signs, i.e. county regulations.

Local NAIOP presents findings from land analysis

NAIOP Southern Nevada, the Commercial Real Estate Development Association representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, recently released the findings from the Southern Nevada Industrial Land analysis.

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