Inside this issue
  Playing well with others: Working with out-of-state brokers  
 

By Christal Park Keegan, NVR Legal Information Line Attorney

The article in the adjacent link addresses a popular issue often discussed on the Legal Information Line. NVR Legal Information Line Attorney Christal Keegan answers prevalent legal questions during this current busy real estate era like -- "Do other states' real estate licenses qualify for the reciprocal Nevada Salesperson license?" 

Do you know how Nevada law reads on the subject? Read this short legal-themed FAQ article and learn all you need to know. If you have any questions, please email the Legal Information Line at InfoLine@NVRealtors.org. You can view the legal article on the subject by clicking here.

 

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  Nevada's eviction moratorium expired at end of May, what does that mean?  
 

The video in the adjacent link addresses a popular issue often discussed on the Legal Information Line. NVR General Counsel Tiffany Banks answers some prevalent questions about Nevada's expiring eviction moratorium and how it relates to the federal CDC moratorium.

Do you know how Nevada law reads on the subject? Watch this short Legal Minute video and learn all you need to know.  If you have any questions, please call the Legal Information Line at 800-748-6999. Click here to watch the video. 

 

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  Once-in-a-generation response needed to address housing supply crisis  
 

Decades of underinvestment and underbuilding have created a shortage of housing in America that is more dire than previously expected and will require a concerted, long-term nationwide commitment to overcome, according to a new report released last week by the National Association of Realtors┬« and authored by the Rosen Consulting Group. 

Housing is Critical Infrastructure: Social and Economic Benefits of Building More Housing outlines causes and offers numerous potential solutions for both federal and local-level policymakers to consider, but warns that immediate action must be taken across all levels of government, no matter the approach. 

Growth in America's housing inventory has slowed significantly since the turn of the century, particularly over the past decade. This trend affects every region of the country, creating what the NAR report calls an "underbuilding gap" of 5.5 to 6.8 million housing units since 2001. Click here to continue reading.

 

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  How to bring problem properties back to productive use  
 

Code enforcement that focuses on efficiency and results, emphasizes proactive education, and centers on equity can help communities reactivate vacant problem properties and repair substandard occupied properties while protecting vulnerable residents, said Karen Black, CEO of May 8 Consulting, a social impact consulting firm. Black spoke on Tuesday at the National Association of REALTORS®' webinar "Effective, Efficient, and Equitable Code Enforcement Strategies," the fourth session in NAR's Policy, Practice, Process: Transforming Neighborhoods through Equitable Revitalization series.

Property condition is critical to community and housing market health, said Black. Reactivating a vacant residential or rental property can provide a wealth of benefits for a neighborhood, she stated, such as reducing crime, improving the health of residents, raising neighborhood property values, and increasing tax revenue for the city and the area school districts. Repairing subpar properties that are currently occupied can provide equally impressive benefits, Black added, such as preserving housing stock, improving neighborhood resilience, and allowing seniors to age in place. In addition, she said both strategies can lead to economic growth and the creation of jobs. Click here to read the full story from REALTOR® Magazine.


 

 

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  NVR, Amarki partner for member benefit  
 
 

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