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NV SB121
Bill
AI Summary
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HOAs cannot require backyard landscaping until 24 months after initial purchase from a developer, though they may require a thin layer of rock after 12 months.
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Associations are prohibited from charging late fees until 30 days after an obligation becomes past due and cannot report past due obligations to credit reporting agencies.
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HOAs cannot assess unit owners for oil stains located entirely on their own driveways.
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Associations cannot restrict parking of vehicles under 10,000 pounds displaying commercial advertisements, except those with sexual imagery or controlled substance imagery, which may be required to be covered with a magnet.
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When a management agreement is terminated or assigned, associations with 100+ units must post notice in common areas and email all owners who provided email addresses at least 40 days in advance.
Legislative Description
Revises provisions governing common-interest communities. (BDR 10-80)
Last Action
Vetoed by the Governor. (Return to 84th Session.)
6/5/2025