Fillable Form 562 - Annual Association Registration (Page 2 of 4) in pdf

Reserve Study (NRS 116.31152 and NRS 116B.605)

Has a reserve study ever been conducted? □ Yes

□ No

Date of Site Inspection (M/D/YR): ____/____/____

If a reserve study has not been conducted, is the executive board confirming that the community has no major components in accordance

to NRS 116.0605? □ Yes

□ No

If no, attach explanation to why a reserve study has not been conducted.

Was the most recent study adopted by Board? □ Yes □ No

Date the board adopted the recent study (M/D/YR): ____/____/____

□ Yes

□ No

If a reserve study with a site inspection has been conducted, was Form 609 submitted to the Division?

□ Enclosed: Date on Form 609 ( ____/____/____)

Date Form 609 was submitted to the Division (M/D/YR): ____/____/____

Name of Reserve Specialist (person) who conducted study: __________________________________________ Registration #: ________

BOTH requirements must be met if the reserve study was not conducted by a Reserve Specialist:

If the common-interest community contains 20 or fewer units AND is located in a county whose population is 55,000 or

less, the study of the reserves required by NRS 116.31152 may be conducted by any person whom the executive board

deems qualified to conduct the study. [NRS 116.31152(2)] If BOTH requirements listed above have been met, provide:

Name of the individual conducting the reserve study: _____________________________

Title (if applicable):__________________

Has the executive board performed its annual review of the reserve study pursuant to NRS 116.31152 (1) (b)? □ Yes

□ No

□ Yes

□ No

Has the executive board made the necessary adjustments after the review pursuant to NRS 116.31152 (1) (c)?

Required reserve account balance as of the end of the current fiscal year, per the most recent adopted reserve study: $________________

Projected reserve account balance as of the end of the association’s current fiscal year: $ _______________________________________

Is there currently a Reserve Assessment in effect? □ Yes □ No If so, how long is the assessment? ______________________________

Board/Management/Declarant

Current number of executive board members: _______

Number of executive board members per governing documents: ________



Have all executive board members completed/signed

Have copies of Form 602 for each board member been

□ Yes

□ No

Form 602 within 90 days of appointment/election per

submitted to the Division?

NRS 116.31034 (15) or NRS 116B.445(9) □ Yes

□ No

If no, explain: ____________________________________

Executive Board

President

Secretary

Treasurer

Board Member’s Name

Physical address:

Number & Street

City / State / Zip Code

Telephone Number

E-mail Address (Optional)

□

Vice President

Director

Hotel Unit Owner

Indicate title:

Director

Board Member’s Name

Physical address:

Number & Street

City / State / Zip Code

Telephone Number

E-mail Address (Optional)

Please use a separate sheet of paper for additional board members and attach to this form.

Management Company and

Attorney

Custodian of Records

Declarant

Manager’s name

(if applicable)

Business Name

Contact Name

Address:

Number & Street

City / State / Zip Code

Telephone Number

Fax Number (optional)

Name of person completing this form (print): ______________________________________________ Title: __________________________

Person authorized to sign form: □ Board Member (Title: _____________) □ Community Manager (License #___________) □ Declarant

Director

Print name: _________________________________ Signature: ___________________________________ Date signed: _____/_____/_____

Authorized person signing is attesting to the accuracy of the information provided.

Revised 1/20/16

Page 2 of 4

Form 562

Form 562 - Annual Association Registration Page 2

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