Declarant Transition and Resales

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Understand the process of transitioning a new residential development from declarant (developer) control to control by the homeowners. Cover NRS-required thresholds, elections, the reserve study, and final audit, as well as document transfer and operating and reserve account transfer. You will also learn the required documents and allowable charges for the resale of existing units in mature common-interest communities. This course is approved by the Nevada Real Estate Division on behalf of the Commission of Common-Interest Communities and Condominium Hotels for 3-Hours of Community Association Manager Continuing Education Credit (CE.0379000-CAM).

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