{"data":{"id":"us-nv/nrs-624.520","jurisdiction":"us-nv","citation":"NRS 624.520","heading":"Contractor required to notify owner of rights related to account; written statement; administrative fine for noncompliance.","body":"1. A residential contractor shall notify an owner with whom he or she contracts of the rights of the owner pursuant to NRS 624.400 to 624.560, inclusive, including, without limitation, providing a written statement explaining those rights in any agreement or contract for qualified services. The written statement must be in substantially the following form:\nRESIDENTIAL CONSTRUCTION RECOVERY FUND\nPayment may be available from the Recovery Fund if you are damaged financially by a project performed on your residence pursuant to a contract, including construction, remodeling, repair or other improvements, and the damage resulted from certain specified violations of Nevada law by a contractor licensed in this State. To obtain information relating to the Recovery Fund and filing a claim for recovery from the Recovery Fund, you may contact the State Contractors’ Board.\n2. The Board may impose upon a contractor an administrative fine:\n(a) Of not more than $250 for the first violation of subsection 1; and\n(b) Of not more than $500 for a second or subsequent violation of subsection 1.\n3. The Board shall deposit any money received pursuant to this section in the account established pursuant to NRS 624.470.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 624 - CONTRACTORS","RECOVERY FUND"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-624.html#NRS624Sec520","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:44Z","sha256":"1714d8cd8b86577ad95d4b2f59642de343def972887fee5bb3a81c1d397dc2f4","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-624.510","next":"us-nv/nrs-624.530"},"notice":"GroundRules: Original legal text. Not legal advice."}