Time Share Fees

 

Pursuant to Senate Bill 428, 72nd Legislative Session (2003)

Chapter 119A - Time Shares


 

For each application for the registration of a representative $85
For each renewal of the registration of a representative 85
For each transfer of the registration of a representative to a different developer or location 20
For each penalty for a late renewal of the registration of a representative 40
For each preliminary permit to sell time shares 275
For each permit to sell time shares, per subdivision 500
For each amendment to a public offering statement after the issuance of the report 150
For each renewal of a permit to sell time shares 500
For each original and annual registration of a manager 75
For each application for an original license as a sales agent 175
For each renewal of a license as a sales agent 175
For each penalty for a late renewal of a license as a sales agent 75
For each change of name or address 20
For each duplicate license, permit or registration where the original is lost or destroyed, and an affidavit is made thereof 20
For each annual approval of a course of instruction offered in preparation for an original license or permit 100
For each original accreditation of a course of continuing education 100
For each renewal of accreditation of a course of continuing education 50

 

ASSOCIATION WITH PROJECT BROKER

(NRS 119A.220  Sales agents: Association with project broker)

4.  If a sales agent changes his association with any project broker or changes his location with the same project broker, he must apply to the Division for the reissuance of his license for its unexpired term. The application must be accompanied by a fee of $10.

ADDITIONAL FEES

Each developer shall pay an additional fee for each time share he sells in a time-share plan over 50 pursuant to the following schedule:

Number of Time Shares

Add'l Fee

51—250

$5.00

251—500

4.00

501—750

3.00

751—1500

2.50

over 1500

1.00

 

FEES TO BE ESTABLISHED BY REGULATION

The Division shall adopt regulations which establish the fees to be charged and collected by the Division to pay the costs of:

  1. Any examination for a license, including any costs which are necessary for the administration of such an examination.
  2. An investigation of a person’s background.