Existing law establishes certain requirements relating to manufactured home parks. (Chapter 118B of NRS) Existing law prohibits a landlord or his or her agent or employee from increasing rent or additional charges unless the increased rent is the same rent charged for manufactured homes of the same size or lots of the same size or of a similar location within the park, except that a discount may be given to certain persons. (NRS 118B.150) Section 6 of this bill prohibits a landlord or his or her agent or employee from increasing rent for a tenancy that is from month to month and not a long-term lease unless the amount of the increase does not exceed the maximum annual rent increase percentage calculated by the Housing Division of the Department of Business and Industry, plus the amount of pass-through expenses actually incurred by the landlord of the manufactured home park.
Section 4 of this bill: (1) authorizes a landlord or his or her agent or employee to apply to the Division for an exemption from this limit on the maximum annual rent increase if the operating costs of the manufactured home park exceed the amount the park would earn with the increase in rent; (2) requires an application for an exemption to include any proof necessary to justify an exemption and a report that demonstrates the need for an exemption prepared by a certified public accountant; and (3) requires the Division to adopt regulations to establish the application process.
Section 3 of this bill requires the Division to calculate annually and publish on an Internet website maintained by the Division the maximum annual rent increase percentage. Section 3 also requires the Division to: (1) issue a press release containing the maximum annual rent increase percentage for that fiscal year; and (2) maintain on the Internet website for at least 2 years information relating to each maximum annual rent increase percentage.
Section 2 of this bill defines “maximum annual rent increase percentage” to mean the maximum annual rent increase percentage calculated by the Division pursuant to section 3. Section 5 of this bill makes a conforming change to indicate the proper placement of section 2 in the Nevada Revised Statutes.
Statutes affected: As Introduced: 118B.010, 118B.150
Reprint 1: 118B.010, 118B.150
As Enrolled: 118B.010, 118B.150
BDR: 118B.010, 118B.150