Reining in corporate homeowership looks constitutional, legislative lawyers say

Reining in corporate homeowership looks constitutional, legislative lawyers say

Attempt to enact legislation to place limits on corporate homeownership have failed three times since 2023. (Photo: Hugh Jackson/Nevada Current)The Nevada State Legislature’s nonpartisan staff believes legislation to rein in corporate homeownership would likely survive constitutional challenges, according to a draft memo obtained by Nevada Current. Republican Gov. Joe Lombardo, who has previously vetoed legislation to prevent corporate investors…