Is Violation of a Federal Law a Material Condition that must be disclosed?

Is Violation of a Federal Law a Material Condition that must be disclosed?

This was the question I posed to many real estate licensees recently when discussing whether they should inquire as to whether medicinal marijuana…
More Reefer Madness?

More Reefer Madness?

A licensee recently discovered that a tenant is legally growing marijuana at the premises and posed the following questions:  does the growing…
“As-is” clauses in Residential Purchase Agreements

“As-is” clauses in Residential Purchase Agreements

     An "as is" clause may appear in a Residential Purchase Agreement. NRS 113 requires at least 10 days before the residential property is…
Real Estate Agent Sued For Elder Abuse

Real Estate Agent Sued For Elder Abuse

Josephine Gantt, an 82-year-old woman who has resided in her home in Northeast Portland for approximately 47 years, recently filed a lawsuit…
Happy Presidents' Day!

Happy Presidents' Day!

Enjoy your holiday with a few interesting facts… Originally established in 1885 in recognition of President George Washington, it is still…
dentity Theft Tips from the Internal Revenue Service

Identity Theft Tips from the Internal Revenue Service

Since 2013, the efforts of the Criminal Investigative Division of the Internal Revenue Service has resulted in nearly 2000 criminal convictions…
Marriage and Property Ownership Insights from a Nevada Divorce Attorney

Marriage and Property Ownership Insights from a Nevada Divorce Attorney

How should your married client's title property? As a Nevada divorce attorney, I am always looking for ways to maximize my client's estates.…
Latest NRED Disciplinary Action

Latest NRED Disciplinary Action

Property management seems to continue to be the most consistent violation. The June/July Open House Publication of the Nevada Real Estate Division…
Transferring Homes without Probate

Transferring Homes without Probate

Your client asks you if there is a way to title their home in a manner that will avoid probate.  Probate is the manner in which title to property…
FORM OR NO FORM: THAT IS THE QUESTION!

FORM OR NO FORM: THAT IS THE QUESTION!

A question has often been asked as to whether a licensee who does nothing more than referring a client to another licensee is required to execute…
Agent and Broker included in $100 Million Discrimination Suit and Department of Justice Action

Agent and Broker included in $100 Million Discrimination Suit and Department of Justice Action

In January 2010, Chicago native and comedian George Willborn and his wife made a $1.7 million offer on the 5-bedroom home, which the Sellers…
OVERWORKED AND UNDERAPPRECIATED

OVERWORKED AND UNDERAPPRECIATED

Real estate agents are constantly on the go competing for clients, stressing over closings and trying to stay aware of the latest rules and regulations. …
When HOA dues are not PAID?

When HOA dues are not PAID…?

I was recently contacted by a Las Vegas Real Estate Agent regarding a tenant they had placed on a property.  The agent stated that their tenant…
Shoot Your Ex - for Valentine’s Day!

Shoot Your Ex - for Valentine’s Day!

I just read an article in the Las Vegas Review Journal highlighting the “Machine Guns Vegas” special for Valentine’s Day.  Can’t wait…
Debt Forgiveness Tax Relief on the Horizon

Debt Forgiveness Tax Relief on the Horizon

Despite significant recovery in home prices, independent estimates from economic analytics firm CoreLogic show that there are still roughly 5…
SQUATTERS?? DUE DILIGENCE REQUIRED

SQUATTERS?? DUE DILIGENCE REQUIRED

Southern Nevada has an ongoing problem with people occupying housing where they have no legal right to be. Squatters are technically trespassers…
THROWN UNDER THE HOA BUS, BUT STILL KICKING

THROWN UNDER THE HOA BUS, BUT STILL KICKING

The anxiety filled wait is over as the Nevada Supreme Court has decided that when HOAs foreclose on their 9-month HOA superpriority lien, first…
Terms of a Lease Agreement

Terms of a Lease Agreement

As a landlord, you’ll be creating the lease agreement that your tenants must abide by. Because you are the owner of the property, the lease…