SIGNATURE NEWSLETTER

April 8th, 2015

 
 

2015 Nevada Legislative Update:

  • $1,000,000,000 budget deficit.
  • SB 252- (Governor’s Tax Plan) has passed out of committee. This would impose a business license fee based off company’s gross revenue. Our lobbying team does not believe it will get the 2/3 of the votes for passage.
  • AB 745- increase taxes and licensing fees. Licensees give a $2.2 million net surplus to the general fund. NVAR opposes these fees.
  • AB 201- Eminent Domain Legislation – Prevents the use of eminent domain to seize mortgage notes- has passed out of committee and should go up for a full vote soon.
  • SB 306- First Security Liens/ HOA Extinguishments-
    •  Orderly process of noticing when HOA attempts to exercise super priority right
    • Sets out a judicial foreclosure process
    • FHFA has weighed in and is sending an official to testify.
    • VA has said it will not lend.
    • Most important bill of the session for real estate agents.
  • SB 260- Impound Accounts
    • Would require banks to create impound accounts for HOA dues.
    • Banks are saying “NO”. They will stop lending in Nevada because their systems are not set up for monthly papers.
  • SB 224- Independent Contractors Bill-
    • Key for Realtors is each agent having a state business license.

Need more Information? Attend the Political Affairs Committee meeting on Thursday at 8:30am at GLVAR

The Summerlin Office has added a Lunch and Learn to our calendar. Fidelity Home Warranty and BPG will be hosting on Wednesday, April 22nd at 12:00pm.

Reminder: The GLVAR General Membership Luncheon and CE class on Friday, April 10th at 11:00am at the SLS.

 The Green Valley office will be installing new flooring on April 18th. Please excuse the inconvenience.

SUMMERLIN UPCOMING EVENTS:

Thursday, April 9th  8:30am-: GLVAR Political Affairs / Green Committee joint meeting

Friday, April 10th 11:00am : GLVAR General Membership Luncheon at SLS   

Monday , April 13th to Friday April  17th 8:30am-5:00pm-  Signature Real Estate Academy in Green Valley. There's still time to RSVP  with  Ashley (ashley@signaturenv.com) or Monica (monica@signaturenv.com)

Tuesday, April 14th 9:00am: Master Mind with Allison Wax of Virtuance

Thursday April 16th 12:00 Noon: Heather’s luncheon in the kitchen! (Cabi clothing)

Thursday April 16th 6:00pm:  40 under 40 Award Ceremony at the Trump. Come honor our agents Heather Mongie and Pete Torsiello.  Reservation required.

Friday April, 17th 8:00am: GLVAR Broker Breakfast

                                   10:00am: RRG Committee Open Forum

Wednesday April 22nd 12:00 Noon: Lunch and Learn

Friday April 24th 4:30pm- OFFICE SOCIAL!

 

GREEN VALLEY UPCOMING EVENTS:

Wednesday April 8th 11:30am- Lunch and Learn- CFPB

Friday April 10th 11:00am- GLVAR General Membership at SLS              

Monday April 13th to  Friday April 17tth 8:30am-5:00pm:  The Real Estate Academy in Green Valley

Thursday April 16th 6:00pm:  40 under 40 Award Ceremony at the Trump. Come honor our agents Heather Mongie and Pete Torsiello.  Reservation required.

Friday April, 17th 8:00am: GLVAR Broker Breakfast

                                   10:00am: RRG Committee Open Forum

Friday April 17th 4:00pm- OFFICE SOCIAL! 

 

Thank you and have a great day! :)

 

 

 

Brandon Roberts
Signature Real Estate Group
Corporate Broker
Brandon@signaturenv.com


www.brandonroberts.com
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