Nevada Code § 119.325

Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license
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The
Administrator may impose a fine or suspend, revoke, deny the renewal of or
place conditions upon the property report, permit, partial registration,
exemption or license issued pursuant to this chapter of a developer at any time
if:
1. The developer obtained the property
report, permit, partial registration, exemption or license by false or
fraudulent representation; or
2. The developer violates any of the terms
or conditions of the property report, permit, partial registration, exemption
or license, the provisions of this chapter or the regulations adopted pursuant
thereto.
The
Administrator shall not impose a fine of more than $5,000 pursuant to this
section.

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