Requirements for a Rental Property in Las Vegas

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Wasim Faranesh

Owner of Faranesh Real Estate and Property Management

Requirements for a Rental Property in Las Vegas

Las Vegas, Nevada, is known for its glitz, glamor, and casinos. In order to rent a home in this city, there are certain criteria that must be met.  As a property owner, you must comply with all the following requirements in order to rent your property in Las Vegas.

Property Must Be Zoned for Residential Use

The property should be located in an area that is designated for homes, apartments, or other types of residence. The property must also meet all of the city and county requirements for rental properties. The requirements can vary depending on the municipality, but they typically cover things like fire safety regulations and minimum habitability standards.

Property Must Be Safe and Habitable, as Defined by the State of Nevada

The dwelling must be fit for human occupancy and free from health and safety hazards. Additionally, the property must comply with Nevada’s minimum housing code, which sets standards for plumbing, heating, and electrical systems.

Property Must Be Located Within the City Limits of Las Vegas

las vegas rental property insuranceThe property must be located within the boundaries of the city of Las Vegas. In unincorporated areas or outside the city limits, properties are not subject to the same regulations and requirements.

Property Must Be Listed in the Residential Rental Property Registry

There is a Residential Rental Property Registry that contains all the rental properties in Las Vegas. The city uses this registry to track and inspect rental properties. Landlords are required to list their properties on the registry, and not doing so can result in fines or other penalties.

Property Owner Must Obtain a Business License From the City of Las Vegas Business License Division

Las Vegas landlords business license

All Las Vegas landlords who rent properties must obtain a business license. Licensing must be renewed every year, and failure to do so can result in fines or other penalties.

The City of Las Vegas Business License Division must have a copy of the lease agreement on file.

Businesses need to submit lease agreements to the city in order to obtain business licenses. By doing so, the city can keep track of rented properties and ensure landlords are in compliance with the law.

Property Owner Must Have a Valid Nevada State Contractor’s License if the Property is Located Outside the City Limits of Las Vegas

A license is required for any work performed on the property, including repairs, renovations, and additions.

A property owner must also comply with all other applicable laws.

All zoning laws, building codes, and health and safety regulations must be followed.

Property Owner Must Have General Liability Insurance

The purpose of this is to prevent any accidents or injuries from occurring on the property. Insurance must be in effect at all times and meet the minimum coverage requirements set by the state.

Property Owner Must Comply with the Federal Fair Housing Act

Fair housing act

Federal Fair Housing Act prohibits racial, ethnic, religious, national origin, sex, familial status, and disability discrimination in housing.

Property Owner Must Provide a Written Lease Agreement to the Tenant

A lease agreement must be signed by both the landlord and the tenant. It should outline the terms of the tenancy, including the rent amount, the length of the lease, and the rules and regulations of the property.

Property Owner Must Give the Tenant a Copy of the Nevada Landlord-Tenant Law Booklet

This booklet contains information on the rights and responsibilities of both landlords and tenants in Nevada. It is important for both parties to be familiar with this information in order to avoid any misunderstandings or disputes.

Property Owner Must Provide the Tenant with a Copy of the City’s Noise Ordinance

Noise Ordinance

This ordinance outlines the noise levels that are permitted in the city of Las Vegas. It is important for tenants to be aware of this ordinance so that they can avoid any potential fines.

Property Owner Must Provide the Tenant with a Copy of the City’s Trash and Recycling Regulations

These regulations outline the days and times when trash and recycling can be put out for collection. It is important for tenants to be aware of these regulations so that they can avoid any potential fines.

Property Owner Must Collect and Remit the Appropriate Taxes to the State and Local Governments

This includes the hotel tax, sales tax, and property tax. Failure to remit these taxes can result in penalties or other consequences.

Property Must Pass a Final Inspection by the City of Las Vegas or Clark County

las vegas property inspection process

This will ensure that the property meets all of the necessary safety and habitability standards. A certificate of occupancy will be issued to the owner once the property passes inspection. It must be renewed every two years.

The property owner will be able to rent out their property to tenants once all of the requirements have been met. Both the landlord and tenant must have a written lease agreement that complies with state law. It’s also important to note that the landlord is responsible for maintaining the property and keeping it safe and habitable for the tenants.

Contact a Las Vegas Property Management Company

property management company in las vegasIf you are considering renting out a property in Las Vegas, be sure to research all of the necessary requirements so that you can comply with the law. Reaching out to a property management company like Faranesh Real Estate & Property Management will make it much easier for you to hit the ground running and avoid any potential problems down the road. Give us a call today to learn more about our property management services in Henderson and Las Vegas, NV!

We are here to help you with all of your Las Vegas rental needs. Contact us today to get started!

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