Assembly Bill No. 212–Committee on Commerce and Labor
CHAPTER..........
AN ACT relating to manufactured housing; revising certain fees that fund the Account for Education and Recovery Relating to Manufactured Housing; requiring purchasers who commence an action that may result in payment from the Account to serve a copy of the complaint upon the Administrator of the Manufactured Housing Division of the Department of Business and Industry; prohibiting certain licensees from recovering damages from the Account under certain circumstances; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. NRS 489.4971 is hereby amended to read as
follows:
489.4971 1. The Account for Education and Recovery
Relating to Manufactured Housing is hereby created within the Fund
for Manufactured Housing to satisfy the claims of purchasers of
manufactured homes, mobile homes or commercial coaches against
persons licensed pursuant to the provisions of this chapter. Any
balance in the Account over $500,000 at the end of any fiscal year
must be set aside and used by the Administrator for education
relating to manufactured homes, mobile homes, travel trailers or
commercial coaches.
2. Upon the issuance or renewal of the following licenses by
the Division, the licensee must pay in addition to the original or
renewal license fee, a fee:
(a) For a dealer’s or manufacturer’s original license, or an
original limited dealer’s license issued pursuant to NRS 489.281, of
$1,000.
(b) For a dealer’s or manufacturer’s renewal license, or a
renewal limited dealer’s license issued pursuant to NRS 489.281, of
$600.
(c) For an original or renewal license for:
(1) A serviceman, rebuilder or installer, of $150.
(2) A salesman, of [$25.] $75.
(3) A responsible managing employee, of [$50.] $100.
Except as otherwise provided in NRS 489.265, fees collected
pursuant to this section must be deposited in the State Treasury for
credit to the Account.
3. A payment from the Account to satisfy the claim of a
purchaser specified in subsection 1 against a person who is licensed
pursuant to this chapter must be made only upon an appropriate
court order that is issued in an action for fraud, misrepresentation or
deceit relating to an act for which a license is required pursuant to
this chapter.
4. If a purchaser specified in subsection 1 commences an
action specified in subsection 3 against a person who is licensed
pursuant to this chapter, the purchaser must serve a copy of the
complaint upon the Administrator within 30 days after the action
is commenced.
Sec. 2. NRS 489.4975 is hereby amended to read as follows:
489.4975 1. If a purchaser of a manufactured home, mobile
home or commercial coach obtains a final judgment in any court of
competent jurisdiction against any licensee under this chapter in an
action specified in subsection 3 of NRS 489.4971, the judgment
creditor may, upon the termination of all proceedings, including
appeals in connection with any judgment, file a verified petition in
the court in which the judgment was entered for an order directing
payment from the Account in the amount of actual damages
included in the judgment and unpaid, but not more than $25,000 per
judgment and the liability of the Account may not exceed $100,000
for any licensee.
2. A copy of the petition must be served upon the
Administrator and an affidavit of service filed with the court. The
petition and each copy of the petition served pursuant to this
subsection must set forth the grounds which entitle the judgment
creditor to recover from the Account and must include a copy of:
(a) The final judgment specified in subsection 1;
(b) The complaint upon which the final judgment was entered;
and
(c) If assets are known to exist, the writ of execution that was
returned unsatisfied.
3. The court shall act upon the petition within 30 days after
service and, upon the hearing of the petition, the judgment creditor
must show that:
(a) He is not the spouse of the judgment debtor, or the personal
representative of that spouse.
(b) He has complied with all the requirements of NRS 489.4971
to 489.4989, inclusive.
(c) He has obtained a judgment of the kind described in
subsection 1, stating the amount of the judgment and the amount
owing on it at the date of the petition.
(d) A writ of execution has been issued upon the judgment and
that no assets of the judgment debtor liable to be levied upon in
satisfaction of the judgment could be found, or that the amount
realized on the sale of any of them that were found under the
execution was insufficient to satisfy the judgment, stating the
amount so realized and the balance remaining due.
(e) He and the Division have made reasonable searches and
inquiries to ascertain whether the judgment debtor possesses real or
personal property or other assets, liable to be sold or applied in
satisfaction of the judgment.
(f) The petition has been filed not more than 1 year after the
termination of all proceedings, including reviews and appeals, in
connection with the judgment.
4. A person licensed pursuant to this chapter shall not
recover from the Account for damages related to a transaction in
which he acted in his capacity as a licensee.
Sec. 3. The provisions of subsection 4 of NRS 489.4971, as
enacted by section 1 of this act, do not apply to an action that is
commenced before the effective date of this act.
Sec. 4. This act becomes effective upon passage and approval.
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