Common-Interest Community Commission revokes licenses of two community managers

Las Vegas, NV - February 28, 2014

The Nevada Commission for Common-Interest Communities and Condominium Hotels (Commission) imposed disciplinary action in three cases heard before the panel this week. 

 

The Real Estate Division of the Department of Business and Industry brought cases against Diane Wild and Dev Inder Pappas for hearings before the Commission, alleging that both respondents knowingly and wilfully violated multiple statutes of State law.

 

Two separate cases involving Diane Wild were brought before the Commission.  Wild, whose supervisory community manager certificate was revoked by the Commission in March 2013, was found to have violated 33 separate statues of NRS 116 and NAC in her duties as a community manager and reserve study specialist. The violations ranged from profiting from unauthorized expenditures, failure to cooperate with and impede the Division’s investigation, demonstrating incompetent, unprofessional, deceitful and dishonest conduct to failure to exercise ordinary and reasonable care while performing her duties. Wild failed to appear.  The Commission acted to revoke her community management certificate and reserve study specialist registration and imposed an administrative fine of $34,855 and ordered restitution of $52,535.

Dev Inder Pappas also failed to appear. Pappas was found to have violated two separate counts of NRS 116 and NAC. She was found to have practiced community management with an expired certificate.  The ability to renew her community management certificate has been revoked and she was assessed an administrative fine of $10,000.

 

The next meeting of the Commission for Common-Interest Communities and Condominium Hotels is scheduled for June 3-5.

 

About the Nevada Real Estate Division:

The mission of the Nevada Real Estate Division, an agency of the Department of Business and Industry is to safeguard and promote interest in real estate transactions by developing an informed public and a professional real estate industry.  For more information about the Nevada Real Estate Division or the Commission for Common-Interest Communities and Condominium Hotels, please visithttp://www.red.state.nv.us/ .

 

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Contact

Teri Williams
Public Information Officer
(702) 486-0407