fyi, recent legislative changes that impact rentals in Vegas

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There have been recent legislative changes that have impacted property management in Nevada. AB308 Impacts “increase of rent” notices: for a periodic tenancy of 1 month or more, 60 days in advance of the first rental payment to be increased (up from 45). AB141: seals eviction records for evictions for nonpayment of rent during the COVID-19 emergency, not the sealing of all evictions during the emergency. AB486 (set to expire June 5th, 2023!) states that for all evictions, except “nuisance” evictions, the tenant can claim as a defense that they have applied for rental assistance. The court must stay the eviction proceeding until CHAPS rules on the application. Finally, a new Clark County ordinance was passed prohibiting property owners and managers from discriminating against prospective tenants based on the source of their income or an eviction related to a loss of income experienced because of the pandemic (section 8 included in the source of income discrimination).

Nevada previously was a very landlord friendly state. This is slowing changing. My best guess is that rent control will be coming in the next 2-3 years.