Housing

SB 10 limits corporate purchases of residential housing in Nevada to 1,000 units annually for large investment entities like real estate funds and corporations. It requires these entities to register with the state Securities Division, report purchases, and maintain a public database tracking annual purchases. Violations void property deeds and allow the Attorney General to enforce the law through legal action. The bill specifically targets institutional investors (excluding housing authorities and small owners), aiming to reduce speculative buying and stabilize neighborhoods.