Real Estate Projects Reviewer
About The Position
The Department of Business and Industry is recruiting to fill a Real Estate Projects Examiner position within the Real Estate Division in Las Vegas. The incumbent is responsible for conducting regulatory compliance reviews for land sales including subdivisions, timeshare projects, condominiums, condominium hotels, mortgage brokers, common-interest communities, and membership campgrounds located or marketed in Nevada to ensure proper legal structuring, documentation, and financial soundness. They will oversee statewide compliance, supervisory operations, and licensing activities for the Nevada Real Estate Division in accordance with applicable Nevada Revised Statutes (NRS) and Nevada Administrative Code (NAC) provisions, including NRS 119, NRS 119A and NRS 119B; manage Projects and Timeshare staff; ensure regulatory compliance; and administer operational functions within the Projects section in alignment with agency objectives and state policies.
Requirements
- Bachelor's degree from an accredited college or university in business administration, real estate, accounting, or related field and three years of progressively responsible professional experience in general real estate sales, timeshare development, land development, title and escrow operations, and/or securities regulation; OR an equivalent combination of education and experience as described above.
- Working knowledge of real estate terminology.
- Working knowledge of the scope and purpose of real estate laws, regulations, and practices.
- Ability to analyze legal structuring and documentation of real estate projects, financial statements and reports, and real estate escrows, trusts, investments, and business structures.
- Ability to review and investigate land sale, timeshare, and membership campground projects and their improvements.
- Ability to communicate effectively with individuals and groups, both orally and in writing.
- Ability to understand, use, and make computations relating to real estate projects.
Nice To Haves
- General knowledge of real estate advertising methods and techniques.
Responsibilities
- Conduct regulatory compliance reviews for land sales including subdivisions, timeshare projects, condominiums, condominium hotels, mortgage brokers, common-interest communities, and membership campgrounds located or marketed in Nevada to ensure proper legal structuring, documentation, and financial soundness.
- Oversee statewide compliance, supervisory operations, and licensing activities for the Nevada Real Estate Division in accordance with applicable Nevada Revised Statutes (NRS) and Nevada Administrative Code (NAC) provisions, including NRS 119, NRS 119A and NRS 119B.
- Manage Projects and Timeshare staff.
- Ensure regulatory compliance.
- Administer operational functions within the Projects section in alignment with agency objectives and state policies.
- Review and investigate sales by land and project development companies.
- Review owner-developer applications, including financial statements.
- Investigate and verify real estate escrow arrangements, bonding, trusts, and other financial guarantees and contracts to ensure compliance with laws and regulations.
- Analyze project documentation for legality and financial viability to protect the interests of real estate purchasers and communities.
- Counsel developers and the public on the requirements of statutes, regulations, and policy.
- Provide interpretations and procedural guidance.
- Review requests for exemption from registration as provided by statute.
- Review real estate development advertising, other published materials, and sales promotions to identify inaccurate assertions and preserve consumer rights.
- Provide recommendations to the Administrator for approval or disapproval of applications for land sale based on assessment of sufficiency of legal structuring and adequacy of bonding and other financial guarantees.
- Prepare full disclosure property reports and timeshare public offering statements.
- Issue preliminary permits to sell, property reports, and public offering statements after review by the Administrator.
- Analyze current real estate market trends and make projections for purposes of workload and budget planning.
- Maintain project records using customized agency database.
- Attend workshops and hearings regarding proposed regulation changes and provide information to participants.
- Perform related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
