Fillable Form 562 - Annual Association Registration (Page 3 of 4) in pdf

INSTRUCTIONS FOR ANNUAL ASSOCIATION REGISTRATION FORM FILING

NOTE: This registration form and the annual unit fee must be received in the Las Vegas Office of the

Ombudsman, no earlier than 45 days and no later than the last business day for the State of Nevada, in the month

the association incorporated with the Office of the Secretary of State.

General Information

 List all subdivision name(s) for the association filed with the county recorder’s office, in the county in which

the association is located. Go to

for

instructions on how to locate a subdivision’s name.

 Indicate the file number issued by the Secretary of State (SOS) for the business entity formed, as well as the

date the association incorporated with the SOS. )

 Select the type of business entity that the association is organized as: Profit; Nonprofit; Trust; General

Partnership; Limited Partnership, Limited Liability Company as prescribed in NRS 116.3101(3) (a) or

NRS 116B.415 (3) (a).

 General information required by NRS 116.625(4) (e) or NRS 116B.815 (5). Include the association’s legal

name, complete physical address or closest cross streets if no physical address, billing/contact address,

telephone number for association and county in which the association is physically located.

Types of Common-Interest Communities:

 Condominium, defined in NRS 116.027, is a common-interest community in which portions of the real

estate are designed for separate ownership and the remainder of the real estate is designated for common

ownership solely by the owners of those portions. A CIC is not a condominium unless the undivided

interests in the common elements are vested in the unit’s owners.

 Cooperative, defined in NRS 116.031, is a CIC in which the real estate is owned by an association, each

of whose members is entitled by virtue of his ownership in the association to exclusive possession of a

unit.

 Condominium Hotel, defined in NRS 116B.060, is a CIC with real estate designated for separate

ownership and a hotel unit.

 Planned Community, defined in NRS 116.075, is a CIC that is not a condominium or a cooperative.

However, a condominium or a cooperative may be part of a planned community.

 Special instructions for master associations and sub-associations: If a Master Association is indicated, the

master association is required to submit a master roster (Form #620) that lists the legal names of all sub-

associations, the names of any neighborhood(s) or other units directly under the master association as of the

filing date of this form.

If a Sub-association is indicated, the sub association must list the legal name of the master association.

 Liens: Indicate the number of units the association has liens filed for unpaid owner assessments.

 Foreclosures: Indicate the number of completed foreclosures (not the number of Notices of Sale) based on

liens for the failure to pay owner assessments. Prior year is the association’s fiscal accounting year.

Units/Budget/Assessments

 Indicate the current number of annexed residential units (defined in NRS 116.093 and NRS 116B.235), as

well as the total number of units the declarant reserves the right to annex. A Certificate of Occupancy must

be issued for units, with the exception of units designated for residential single family dwelling custom

homes.

 Date association held most recent annual meeting. Indicate the Association’s fiscal year end.

 Total annual budgeted assessments (from the adopted budget – collective $ amount of all assessments from

unit owners.)

 Total annual budgeted revenue (includes all assessments and other revenue anticipated, e.g. interest, and other

income - from the adopted budget).

Revised 1/20/16

Page 3 of 4

Form 562

Form 562 - Annual Association Registration Page 3

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