Nev. Admin. Code § 119A.195
Current through December 12, 2024
If a preliminary permit to sell time shares has been issued by the Administrator, the developer may accept a good faith deposit for a reservation if the document by which the reservation is taken provides for payment to the holder of the reservation of the total deposit plus interest earned, if any, within 20 calendar days after receipt of written notice of cancellation of the reservation.
Nev. Admin. Code § 119A.195