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 familiarity with those statutes is a prerequisite for evaluating a claim. Once a claim is asserted, these basic steps should be taken to assess the … 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, a contractor will have general and several specialty licenses such as carpentry, roofing, plumbing and electrical. Unless waived due to the contractors length of time … Continue reading “A Primer on Handling Nevada Contractor License Bond Claims”

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.  Bonds for such residential contractors in the penal sum of $100,000 may be required if the contractor is not exempted.  AB is now the law, … 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 of recreational marijuana even if that use occurs outside of work and the employee is not under the influence at work. In Ceballos v. NP … 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 a bond claim and ultimately loses against the claimant. Offer of Judgment Under the Nevada Offer of Judgment rules, a claimant may recover attorney’s fees … 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 the consumer….” NRS 482.345(5).  The term “consumer” is defined as “any person who comes into possession of a vehicle as a final user for any … Continue reading “Can a Lender Recover Against a Nevada DMV Bond as Assignee of a Consumer?”