Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions.
Nev. Rev. Stat. § 119A.237
in effect1. A provisional licensee shall not:
(a) Conduct sales-related activities unless the provisional licensee is:
(1) Under the supervision of:
(I) His or her project broker; or
(II) A person licensed pursuant to chapter 645 of NRS.
(2) At the principal place of business or a branch office of the project broker or person licensed pursuant to chapter 645 of NRS or at the physical location of a time-share development.
(b) Collect personal information from a prospective purchaser or purchaser of a time share.
2. A project broker or person licensed pursuant to chapter 645 of NRS shall not grant to a provisional licensee:
(a) Access to a time-share lockbox; or
(b) The ability to enter a private residence or a time-share unit that an unlicensed person otherwise would not have.
3. A project broker or a person licensed pursuant to chapter 645 of NRS shall:
(a) Supervise the provisional licensee; and
(b) Review and approve in writing any contract prepared by the provisional licensee that relates to the sale of a time share.
4. A provisional licensee may receive a commission for the sale of a time share in which the provisional licensee is involved.
5. As used in this section:
(a) Personal information has the meaning ascribed to it in NRS 603A.040 .
(b) Provisional licensee means an applicant who receives a provisional sales agents license from the Division pursuant to NRS 119A.233 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-119A.htmlFetched: 10/4/2026
