Nevada Revised Statutes

Nev. Rev. Stat. § 116.623 (2026)

Petitions for declaratory orders or advisory opinions: Regulations; scope; contents of petition; filing; period for response

✓ current as of July 2026
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NRS 116.623  Petitions for declaratory orders or advisory opinions: Regulations; scope; contents of petition; filing; period for response.

      1.  The Division shall provide by regulation for the filing and prompt disposition of petitions for declaratory orders and advisory opinions as to the applicability or interpretation of:

      (a) Any provision of this chapter or chapter 116A or 116B of NRS;

      (b) Any regulation adopted by the Commission, the Administrator or the Division; or

      (c) Any decision of the Commission, the Administrator or the Division or any of its sections.

      2.  Declaratory orders disposing of petitions filed pursuant to this section have the same status as agency decisions.

      3.  A petition filed pursuant to this section must:

      (a) Set forth the name and address of the petitioner; and

      (b) Contain a clear and concise statement of the issues to be decided by the Division in its declaratory order or advisory opinion.

      4.  A petition filed pursuant to this section is submitted for consideration by the Division when it is filed with the Administrator.

      5.  The Division shall:

      (a) Respond to a petition filed pursuant to this section within 60 days after the date on which the petition is submitted for consideration; and

      (b) Upon issuing its declaratory order or advisory opinion, mail a copy of the declaratory order or advisory opinion to the petitioner.

      (Added to NRS by 2009, 2876)

     

Notes of Decisions
Cited in 4 cases, 2012–2017 · leading case: State Dep't of Bus. & Indus., Fin. Institutions Div. v. Nevada Ass'n Servs., Inc., 294 P.3d 1223 (Nev. 2012).
State Dep't of Bus. & Indus., Fin. Institutions Div. v. Nevada Ass'n Servs., Inc., 294 P.3d 1223 (Nev. 2012). · cites it 4× “NRS Chapter 116 also addresses the issuance of advisory opinions, stating that “[t]he [Real Estate] Division shall provide by regulation for the filing and prompt disposition of petitions for declaratory orders and advisory opinions as to the applicability or interpretation of:…”
SFR Invs. Pool 1 v. U.S. Bank, 2014 NV 75 (Nev. 2014). · cites it 4× “615; NRS 116.623; State, Dept of Bus. & Indus.”
Saticoy Bay LLC Ser. 2021 Gray Eagle Way Vs. Jp Morgan Chase Bank, N.A., 2017 NV 3 (Nev. 2017). · cites it 2× “Under NRS 116.623(1)(a), NRED is tasked with issuing "advisory opinions as to the applicability or interpretation of.”
Saticoy Bay LLC Ser. 2021 Gray Eagle Way Vs. Jp Morgan Chase Bank, N.A., 2017 NV 3 (Nev. 2017). “Under NRS 116.623(1)(a), NRED is tasked with issuing "advisory opinions as to the applicability or interpretation of.”
— Nev. Rev. Stat. § 116.623(1)(a) — 3 cases
Saticoy Bay LLC Ser. 2021 Gray Eagle Way Vs. Jp Morgan Chase Bank, N.A., 2017 NV 3 (Nev. 2017). “Under NRS 116.623(1)(a), NRED is tasked with issuing "advisory opinions as to the applicability or interpretation of.”
SFR Invs. Pool 1 v. U.S. Bank, 2014 NV 75 (Nev. 2014). “615; NRS 116.623; State, Dept of Bus. & Indus.”
Saticoy Bay LLC Ser. 2021 Gray Eagle Way Vs. Jp Morgan Chase Bank, N.A., 2017 NV 3 (Nev. 2017). “Under NRS 116.623(1)(a), NRED is tasked with issuing "advisory opinions as to the applicability or interpretation of.”
— Nev. Rev. Stat. § 116.623(l)(a) — 1 case
State Dep't of Bus. & Indus., Fin. Institutions Div. v. Nevada Ass'n Servs., Inc., 294 P.3d 1223 (Nev. 2012). “NRS Chapter 116 also addresses the issuance of advisory opinions, stating that “[t]he [Real Estate] Division shall provide by regulation for the filing and prompt disposition of petitions for declaratory orders and advisory opinions as to the applicability or interpretation of:…”
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