By Christal Park Keegan, NVR Legal Information Line Attorney
The article in the adjacent link addresses a popular issue often discussed on the Legal Information Line. NVR Legal Information Line Attorney Christal Keegan touches on key points during this current busy real estate era like -- How should security deposit refunds be handled when a tenant is deceased?
Do you know how Nevada law reads on the subject? Read this short legal-themed FAQ article and learn all you need to know. If you have any questions, please email the Legal Information Line at InfoLine@NVRealtors.org. You can view the legal article on the subject by clicking here.
Association's signature program accepting applications though Nov. 18
Nevada REALTORS members ... applications are now available to apply for the state association's highly acclaimed Leadership Academy. The program meets four times a year in various locations while addressing a variety of areas of personal and business growth, including public speaking and team building.
NVR is committed to identifying and cultivating leaders for the future of the real estate profession in Nevada. The Leadership Academy program is an exciting way to accomplish this vision by encouraging participants with motivational activities and assisting in sharpening their leadership skills in the hope they will exert a strong positive influence on the future of the profession and the Association. Click here to learn more about the program and access the application.
Home prices and mortgage rates are both climbing. But that isn't spooking potential home buyers, with the housing market remaining lively. Housing starts and existing-home sales remain higher compared to a year ago. While some sectors of the economy are stabilizing, the housing market continues to boom, which is translating to great news for the broader economy and stock market, CNN reports.
Residential mortgage activity continues to be strong, and delinquency rates remain near all-time lows, says the Chicago Fed National Activity Index. Investors are upbeat about housing too. (Read more: Single-Family Rents Grow at Fastest Pace in 16 Years.) A hot housing market often trickles throughout the economy, from home builders and contractors to appliance makers and furniture companies. To continue reading, click here.
It is with deep regret we recognize the passing of former state President Mary McIntosh. Mary served as LVR President in 1990 before holding the same office for NVR seven years later. She also served as President of the Las Vegas chapter of WCR (1986). On behalf of 20,000-plus REALTORS statewide, NVR sends its prayers and good wishes to the family, while expressing its gratitude to Mary for many years of servant leadership.
