Environmental

What is the Nevada Division of Water Resources' role in real estate development?

AIt issues building permits for properties near rivers
BIt oversees water rights allocation and permitting, which is critical for ensuring any new Nevada development has a legally secured water supply✓ Correct
CIt manages HOA irrigation systems in Clark County
DIt regulates only federal water projects in Nevada

Explanation

The Nevada Division of Water Resources (under the State Engineer) administers water rights under the prior appropriation doctrine. All new development must have legally secured water rights — this is often a critical constraint for residential subdivisions and commercial projects in Nevada's arid environment.

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