Yes, homeowners associations in Nevada can be dissolved. The procedure for dissolving the association may be outlined in the HOA's governing documents, or the board of directors has to approve a motion that will be presented to the members of the organization for a vote.
REGISTRATION OF HOMEOWNERS' ASSOCIATION As far as practicable, only one (1) homeowners' association shall be established and registered with Housing and Land Use Regulatory Board (HLURB) in each subdivision. It is mandatory for all associations to register solely with the HLURB.
Office of the Ombudsman for Common-Interest Communities The Ombudsman's office provides education, informal mediation regarding governing documents as well as investigation of disputes.
Federal and state laws regulate HOAs in Nevada, but it is the Nevada Real Estate Department that is ultimately responsible for maintaining the proper functioning of HOAs and their communities.
File a Lawsuit If mediation does not lead to a satisfactory resolution, your attorney may recommend filing a lawsuit. In Nevada, lawsuits against HOAs generally fall under civil court jurisdiction, and the specific claims will dictate the appropriate court for filing.
Does Nevada Require Corporate Bylaws? No. NV Rev Stat § 78.046 describes some of the powers bylaws can have, but it doesn't mandate that corporations adopt bylaws. Even so, bylaws are essential legal documents for corporations.
"Association" refers to the homeowners' association which is a nonstock, nonprofit corporation registered with the Housing and Land Use Regulatory Board (HLURB), or one previously registered with the Home Insurance Guarantee Corporation (now Home Guaranty Corporation) or the Securities and Exchange Commission (SEC), ...
Republic Act No. 8763 (March 7, 2000) transferred the powers of the Home Guaranty Corporation (HGC) over concerned Homeowners Association (HOAs) to HLURB. The Housing and Land Use Regulatory Board (HLURB) is government's regulatory body for housing and land development.
In homeowners association cases, the Complaint shall be filed in the RAB which has jurisdiction over the region where the association is registered with the DHSUD. (Rule 2, Section 7, Rules of Procedure of the Human Settlements Adjudication Commission).