SB 417 — Records-Review Charges and False Affidavits

Senate Bill 417 amended NRS 116.31175 and NRS 116.760. At NRS 116.31175 it raised the maximum charge an association may impose for reviewing its books, records, and other papers from $10 to $25 per hour. At NRS 116.760 it addressed knowingly false affidavits filed with the Real Estate Division: a fine of not less than $1,000 and not more than $10,000, disqualification from service on an executive board for up to 10 years, and a vexatious-affiant designation for repeat false filers. Effective October 1, 2023.