By Willi Siepmann & Kurt Faux Contractor’s license bonds are required by statute in Nevada (NRS 624.270), and claims against the bond are also governed by statute (NRS 624.274). Therefore … Continue reading “The ABC’s of Evaluating Contractor’s License Bond Claims in Nevada – Updated 2024”

By Kurt Faux & Willi Siepmann Contractor licensing in Nevada is controlled by the provisions of Nevada Revised Statute (NRS) 624. It provides for general licenses and specialty licenses, and in many instances, … Continue reading “A Primer on Handling Nevada Contractor License Bond Claims”

We have written a book on all aspects of Nevada surety law entitled: “Nevada Surety Law.” This book discusses surety bond statutes, case law and legal issues specific to Nevada … Continue reading “Nevada Surety Law Book”

The Nevada Legislature modified bonding requirements in Assembly Bill No. 39 (AB 39) concerning construction, remodeling, repair, or improvements to existing, completed single-family residences that are occupied by their owners.  … Continue reading “Assembly Bill No. 39: Key Highlights for Sureties in Nevada”

NV Supreme Court decides case on positive employee drug tests by Jordan Faux The Nevada Supreme Court held last year that an employer is not required to accommodate an employee’s use … Continue reading ““Cannabis-ness” fire an employee for smoking weed?”

by Kurt Faux & Willi Siepmann In most cases, the maximum exposure of the Surety is the penal sum of the bond. However, there are exceptions when the surety litigates … Continue reading “License Bond Penal Sum Issues in Nevada”

For most contractors in Nevada, the Nevada State Contractors Board (“NSCB”) requires the contractor to obtain a license bond or to post a cash bond in order to get a contractor’s license. These bonds vary in amounts between $5,000 and $50,000, with those amounts, which are also known as ‘penal sums’ set by the NSCB depending on the license history of the contractor and the license amount. This article will address the following questions:

By Willi Siepmann In Nevada only a “consumer” has standing to assert a claim against a motor vehicle dealer bond.  The bond is only “for the use and benefit of … Continue reading “Can a Lender Recover Against a Nevada DMV Bond as Assignee of a Consumer?”