Southwestern Management And Realty Team

IMPORTANT: Changes to Nevada’s Residential Tenant Laws (Effective July 1, 2019)

On June 12, 2019, Senate Bill 151 was signed by the Governor of Nevada and will become effective on July 1, 2019.  This bill makes the following critical changes to Nevada’s residential tenant laws:

  • 5-Day Notices to Pay or Quit will be changed to 7-Day Notices to Pay or Quit.
  • Landlords can no longer serve Notices to Pay or Quit to tenants. (This is if you were the managing the property yourself)
  • Only the (1) Sheriff, (2) a licensed process server, or (3) the agent of an attorney licensed to practice law in Nevada can serve 7-Day Notices.
  • An eviction cannot be granted unless there is proof that the sheriff, a licensed process server, or the agent of an attorney served the Notice to Pay or Quit.
  • In addition, Nevada is now becoming a tenant-friendly state like California with regards to a late fee. The maximum effective July 1, 2019, and thereafter, is only five percent (5%) of what the rent is.
  • The next item on their agenda is rent control, just like California and Oregon.
  • LEASES THAT ARE CURRENTLY IN EFFECT WILL REMAIN THE SAME UNTIl LEASE RENEWAL TIME. THOSE LEASES WHEN RENEWED WILL THEN REFLECT THE CHANGES.

Don’t like the changes–SMART doesn’t…write to the Nevada Assembly, Nevada Senators, the Governor of Nevada and any other individuals you can think of to try to change these laws in the future. Voters put these people in and look what happened! These laws hurt YOU and SMART!

SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.

Credit

  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs

Pets

MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.

SERVICE ANIMALS ARE OF COURSE ACCEPTED AND WILL REQUIRE THE PROPER GOVERNMENT ISSUED DOCUMENTATION.