ZZZ - GMG - Construction Las Vegas 2014-2015

Spring 2015 - Construction Las Vegas

Construction Las Vegas - Greenspun Media Group

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ASSOCIATION PROFILES e Nevada Association of Realtors represents the more than 14,000 Realtors in the state. NVAR provides a wide range of services to its members, includ- ing operating a legal information hotline for Realtors. e association also holds regular meetings for its board of directors and members and supports events and programs related to real estate, the housing market and related issues. As part of its mission, NVAR works with state and local govern- ment leaders to advocate for the interests of its members, to provide useful information, to help shape public policy and to protect private property rights. For example, NVAR recently supported e orts by Nevada home- builders, contractors and others to reform the state's construction defect laws. NVAR supported AB 125, a bill that was approved by the Legislature in February and sent to Gov. Brian Sandoval for his signature. "We're pleased to see the passage of AB 125," said NVAR President Kevin Sigstad. " is bill will create much-needed balance in the system for repair of construction defects, and expedite the growth and recov- ery of an area of the housing market that has been lagging – construction of new townhome and low-rise con- dominiums. is type of construc- tion is particularly important for rst-time and entry-level homebuy- ers, and vital for the recovery of our local housing market. Construction of this type of attached housing has been a frequent target of o en-friv- olous construction defect litigation. AB 125 will give homeowners the right to address and repair perceived construction defects and avoid costly litigation whenever possible." As another example, NVAR played a key role in a statewide coalition of leading businesses, citizens, community and industry organizations that helped defeat Question 3 in the Nov. 4 general election in Nevada because the as- sociation and its members believe the so-called margin tax the ballot question would have created would have been detrimental to Nevada. NVAR is committed to protect- ing, promoting and preserving our communities. NEVADA ASSOCIATION OF REALTORS nvar.org 760 Margrave Dr., No. 200 Reno, NV 89502 800-748-5526 72 CONSTRUCTION LAS VEGAS

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