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Commonly Asked Questions about Nevada Construction Legal Forms

Penalties for unlicensed contracting The contractor board can impose a fine for each violation, and which can be $1,000 to $50,000 depending on the situation. In addition, the board can impose investigation costs and any damages caused as a result of the violation.
To be very clear, no contractor should be asking for a deposit above $1,000 or 10% of the aggregate contract price (whichever is less) before beginning your project.
Pursuant to NRS 624.260, the qualifier can be an owner, officer, member, manager or employee of the company. Each qualifier must be a bona fide member or employee of this company, and actively engaged in the contracting business.
State law prohibits an individual to loan or give their license to another person.
You must pay a non-refundable application fee of $300. Upon approval, youll pay $600 for a two-year license (one-year licenses are not available). While not a fee, residential contractors are also required to contribute to a Residential Recovery Fund for the state of Nevada.
Am I required to have a State Business License? Yes. Unless statutorily exempted, sole proprietors doing business in Nevada must maintain a State Business License. Sole proprietors may submit their State Business License application online at .nvsilverflume.gov, by mail, or in-person.
All businesses or individuals who construct or alter any building, highway, road, parking facility, railroad, excavation, or other structure in Nevada must be licensed by the Nevada State Contractors Board. Contractors, including subcontractors and specialty contractors must be licensed before submitting bids.