Important Notice to Nevada Homeowners Regarding MV Realty  



The State of Nevada, through its Nevada Consumer Affairs Unit, is actively investigating MV Realty PBC, LLC, MV Realty of Nevada LLC and certain of their affiliated entities (collectively, "MV Realty") for potential deceptive trade practices.

The investigation focuses on an agreement commonly referred to as the "Homeowner Benefit Agreement," which MV Realty allegedly presented to homeowners as a no-repayment loan or cash benefit.

 

What Nevada Consumer Affairs Has Identified

Based on information reviewed to date, Nevada Consumer Affairs has identified the following concerns related to MV Realty agreements:

  • The agreement may have created a long-term lien (up to 40 years) on a homeowner's residential property.
  • Homeowners may be unknowingly obligated to use MV Realty as their listing agent if they decide to sell their home in the future.
  • Homeowners may be required to pay a percentage of their home's value in order to release MV Realty's lien.

If you signed an agreement with MV Realty, you may have unknowingly consented to a lien being placed against your residential property.

 

The State of Nevada is committed to taking appropriate action to address improper liens recorded against residential property and to pursue removal of liens, restitution, and other remedies, as appropriate, on behalf of affected homeowners.

 

Who Should Contact Nevada Consumer Affairs

You should contact Nevada Consumer Affairs if:

  • You signed an agreement with MV Realty and are unsure what you signed
  • You received money from MV Realty in exchange for signing documents
  • You later discovered a lien on your home
  • You paid money to remove a lien
  • You are unsure whether a lien exists on your property

Even if you are uncertain whether you were affected, Nevada Consumer Affairs encourages homeowners who transacted business with MV Realty to come forward.

 

Contact Information for Affected Homeowners

If you believe you entered into an agreement with MV Realty and are unsure whether it resulted in a lien on your property, please contact Nevada Consumer Affairs using one of the options below:

Toll Free: (844) 594-7275

Las Vegas Office:
Chief Compliance Audit/Investigator Shane Persaud
Phone: (702) 486-3623

You may also file a complaint online:
https://consumeraffairs.nv.gov/About/File_a_complaint/

 

Important Information About Complaints

Please be aware of the following before submitting a complaint:

  • Nevada Consumer Affairs cannot provide legal advice.
  • Nevada Consumer Affairs cannot provide law enforcement assistance.
  • Nevada Consumer Affairs cannot resolve personal disputes and only processes complaints against businesses.
  • Nevada Consumer Affairs cannot guarantee the outcome of an investigation.

All complaints must include supporting documentation when available, such as contracts, receipts, correspondence, or other records. If supporting documents are not available, please state the reason when submitting your complaint.

By accessing the complaint form, you acknowledge that it is to be used only for submission of a complaint to the Office of Nevada Consumer Affairs. Unauthorized use of the complaint form may be subject to legal action.