Nev. Admin. Code § 119A.203 - Abbreviated registration: Application for conversion of existing permit
1. An existing permit may be converted to an abbreviated registration by filing an application for conversion to an abbreviated registration with the Division, subject to the requirements of this section and NRS 119A.302. The Division will review each application and issue an approval or a request for more information or documentation:
(a) Within 60 days after receipt of an application for a permit to sell time shares in a time-share plan containing only one component site; and
(b) Within 120 days after receipt of an application for a permit to sell time shares in a time-share plan containing more than one component site.
2. An application for conversion to an abbreviated registration must be submitted to the Division in an electronic format or paper format and:
(a) Include all information and documentation required by NRS 119A.302;
(b) Be signed by an authorized representative of the developer;
(c) Be submitted on a form prescribed by the Division; and
(d) Be accompanied by the fee specified in NRS 119A.360.
Notes
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