Form 603 - Instructions For Registration Of An Association Or Condominium Hotel printable pdf download

STATE OF NEVADA

DEPARTMENT OF BUSINESS AND INDUSTRY - REAL ESTATE DIVISION

OFFICE OF THE OMBUDSMAN FOR COMMON-INTEREST COMMUNITIES AND CONDOMINIUM HOTELS

1179 Fairview Drive, Suite E * Carson City, NV 89701-5453 * (775) 687-4280

2501 East Sahara Avenue, Suite 202 * Las Vegas, NV 89104-4137

(702) 486-4480 * Toll free: (877) 829-9907 * Fax: (702) 486-4520

E-mail:

CICOmbudsman@red.state.nv.us

INSTRUCTIONS FOR REGISTRATION OF AN ASSOCIATION OR CONDOMINIUM HOTEL

This information sheet is intended to assist the public in understanding the process of registering an association

or condominium hotel with the Office of the Ombudsman for Owners in Common-Interest Communities, which

is required by NRS 116.31158 and NRS 116B.625.

The Initial Registration form (Form 603) should be used when an association or condominium hotel registers

with the Office of the Ombudsman for Owners in Common-Interest Communities for the first time (provided

that the association organized no later than the date the first unit in the common-interest community was

conveyed.) This registration is required pursuant to NRS 116.3101 and NRS 116B.415 to comply with chapters

78, 81, 82, 86, 87, 88 and 88A of the Nevada Revised Statutes and must be completed before filing the articles

of incorporation, certificates of registration or certificates of limited partnership, or any certificate of

amendment thereof, with the Secretary of State.

***Note: Please check with the Department of Taxation to determine whether or not the association is required

to have a business license.

The Annual Registration form (Form 562) should be used by associations or condominium hotels that are

filing their annual registration as required by NRS 116.31158 or NRS 116B.625 and paying unit fees, if

appropriate as required by NRS 116.31155 and NRS 116B.620.

If you are unsure whether or not your association is exempt from chapter 116 of NRS and NAC, in accordance

with NRS 116.1201 and NAC 116.090, you should contact the Office of the Ombudsman for Owners in

Common-Interest Communities and Condominium Hotels at 702-486-4480 or statewide toll free at

1-877-829-9907.

The fee that an association is required to pay pursuant to NRS 116.31155 and NRS 116B.620 is $3 for each unit

in the association. This fee should be paid by the association annually when filing their Association Annual

Registration (Form 562). The registration form and fees are due annually to the Office of the Ombudsman on its

last business day of the month in which the association was incorporated through the Nevada Secretary of State.

To calculate the amount due, multiply the number of units in the association by $3. Checks should be made

payable to “NRED – Omb. Fee” and mailed to the Office of the Ombudsman for Owners in Common-Interest

Communities and Condominium Hotels, Nevada Real Estate Division, 2501 E. Sahara Avenue, Suite 202,

Las Vegas, NV 89104-4137.

Revised 11/1/09

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Form 603

Form 603 - Instructions For Registration Of An Association Or Condominium Hotel