Form 609 Reserve Study Summary Form (Nrs 116.31152) - Nevada

What Is Form 609?

This is a legal form that was released by the Nevada Department of Business and Industry - Real Estate Division - a government authority operating within Nevada. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form 609 Reserve Study Summary Form?
A: Form 609 Reserve Study Summary Form is a document required under the Nevada Revised Statutes (NRS) 116.31152 for homeowners associations (HOAs) in Nevada.

Q: What is the purpose of the Form 609 Reserve Study Summary Form?
A: The purpose of the Form 609 Reserve Study Summary Form is to provide a summary of the HOA's reserve study, which assesses the current and future costs of maintaining and repairing common areas and facilities.

Q: Who is required to submit the Form 609 Reserve Study Summary Form?
A: Homeowners associations (HOAs) in Nevada are required to submit the Form 609 Reserve Study Summary Form.

Q: What information does the Form 609 Reserve Study Summary Form include?
A: The Form 609 Reserve Study Summary Form includes information about the HOA's reserve study, including the estimated costs, funding plan, and projected reserve balances.

Q: When is the Form 609 Reserve Study Summary Form due?
A: The Form 609 Reserve Study Summary Form is due annually, within 90 days after the end of the HOA's fiscal year.