* NRS 624.520 Contractor to notify owner of rights related to account; written statement; administrative fine for noncompliance.
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:
RESIDENTIAL CONSTRUCTION RECOVERY FUND
Payment 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 at the following locations:
9670 Gateway Drive, Suite 100
Reno, Nevada 89521
Telephone number: (775) 688-1141
2310 Corporate Circle, Suite 200
Henderson, Nevada 89074
Telephone number: (702) 486-1100
2. The Board may impose upon a contractor an administrative fine:
(a) Of not more than $100 for the first violation of subsection 1; and
(b) Of not more than $250 for a second or subsequent violation of subsection 1.