The passage of AB 398 this last legislative session meant a few minor changes to the Seller's Real Property Disclosure Form (SRPD). The most important update comes on the first page and states, "A seller's agent shall not complete a disclosure form regarding the residential property on behalf of the seller." (NRS 113.130(2)), which underscores agents must not fill out the SRPD!In addition, there are the conforming changes to the new statutory language on page 4 of the SRPD under NRS 113.130. You can find a link to the new SRPD here.
IMPORTANT!!! If the seller needs help physically completing the form, for example due to medical/health limitations, the agent should NOT embark on writing and/or dictation typing out information for the disclosure form on behalf of the seller. Basically, agents should not be touching this form at all! The agent should point the seller in the direction of having their attorney complete the form, or a person with legal authority to do so (valid power of attorney -- see video in this eNews for what's an acceptable Power of Attorney.
If you have any questions, contact the Legal Information Line at 800.748.6999 or infoline@nvrealtors.org. Thank you!
The NVR State Conference is coming to you FREE and ALL VIRTUAL! Don't miss great speakers like Amy Blankson, Robert Morris and Jon Ralston as well as speakers from state and national REALTOR Leadership, including Kenny Parcell, who will serve as NAR President in 2023! There will still be Fun! Networking! And Giveaways to participants!
The virtual conference is slated for September 30 and October 1!
While Covid continues to once again transform and affect travel and meetings across the country, the health and safety of our members is paramount. NVR will still host the event, now as a free virtual conference much like the very successful state conference hosted virtually last year. The corresponding NVR BOD Meeting will be held virtually as well.Please let us know if you have any questions by sending an email to info@NVRealtors.org. Nevada REALTORS is proud to recognize its sponsors Sentrilock, Fidelity National Home Warranty, realtor.com and the Nevada Rural Housing Authority's Home At Last program.
Registration for the virtual event is available FREE and we encourage all members to register by clicking here.
The video in the adjacent link addresses a popular issue often discussed on the Legal Information Line (LIL). NVR LIL Attorney Christal Keegan answers some prevalent questions about utilizing and evaluating a Power of Attorney.
Do you know how Nevada law reads on the subject? Watch this short Legal Minute video and learn all you need to know. If you have any questions, please call the Legal Information Line at 800-748-6999. Click here to watch the video.
Rocky Finseth, President and CEO of Carrara Nevada, announced the following staff changes effective September 1, 2021. Samantha Sato has been appointed to the position of Director of Legislative Operations and Affairs. Previously, Sato served as an administrative assistant in the Las Vegas office.
Ashley Cruz has been appointed to the newly created position of Director of Strategic Planning and Initiatives. Cruz has served as an assistant to Mr. Finseth since she joined the firm in 2018. Like Sato, Cruz is based in the firm's Las Vegas office. Read more about the staffing changes for NVR's lobbying firm by clicking here.
The goal of NAR's REALTOR® Safety Program is to educate members about the potential dangers you face on the job, so you are not only aware, but also prepared to keep yourself safe and reduce the risks, so you come home safely to your family every night. This is done by creating and implementing a Safety Strategy that you follow every day, with every client, every time.
NAR has compiled tips and best practices from subject matter experts, law enforcement, and industry veterans to help keep REALTOR® safe. View the resources on the REALTOR® Safety Tips from NAR webpage.
