REAL ESTATE BROKERS AND SALESPERSONS
Nev. Rev. Stat. 645
in effectContents
section645.001. Administrator defined.section645.002. Advance fee defined.section645.004. Advance fee listing defined.section645.0005. Definitions.section645.005. Brokerage agreement defined.section645.007. Business defined.section645.009. Client defined.section645.010. Commission defined.section645.013. Designated property manager defined.section645.015. Director defined.section645.018. Owner-developer defined.section645.019. Property management defined.section645.020. Real estate defined.section645.030. Real estate broker defined.section645.035. Real estate broker-salesperson defined.section645.037. Real Estate Division and Division defined.section645.040. Real estate salesperson defined.section645.042. Used manufactured home or used mobile home defined.section645.044. Use of terms salesman, saleswoman and salesperson authorized.section645.045. Administration by Real Estate Division.section645.0045. Agency defined.section645.050. Real Estate Commission: Creation; number and appointment of members; powers and duties; regulations; service of process.section645.060. Real Estate Commission: Limitation on consecutive service by member.section645.070. Real Estate Commission: Oaths of members.section645.0075. Business broker defined.section645.090. Real Estate Commission: Qualifications of members.section645.100. Real Estate Commission: Residency of members.section645.110. Real Estate Commission: Officers.section645.120. Administrator: Qualifications; restrictions.section645.130. Employees, legal counsel, investigators and other professional consultants of Real Estate Division; restrictions.section645.140. Deposit and use of money received by Division; salary of members; per diem allowance and travel expenses of members and employees of Commission.section645.142. Technology Account for Chapter 645 of NRS.section645.145. Real Estate Commission: Fiscal year.section645.150. Real Estate Commission: Meetings.section645.160. Real Estate Commission: Quorum; effect of vacancy; act of majority.section645.170. Real Estate Division: Principal and branch offices.section645.180. Real Estate Division: Seal; general provisions governing public inspection and confidentiality of records; admissibility of certified copies of records as evidence.section645.190. Powers of Real Estate Division; regulations of Commission or Administrator; publication of manual or guide.section645.191. Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.section645.0192. Property management agreement defined.section645.193. Real Estate Division required to prepare and distribute forms setting forth certain duties owed by licensees, property managers and brokers when acting for parties to real estate transaction or property management agreement.section645.194. Real Estate Division required to prepare booklet concerning certain disclosures required in sale of residential property.section645.195. Inspection of records of broker and owner-developer by Real Estate Division; regulations.section645.0195. Property manager defined.section645.200. Attorney General: Opinions and action as attorney.section645.210. Injunctions.section645.215. Investigation by Real Estate Division of certain transactions relating to unimproved land or subdivision; injunction for fraud, deceit or false advertising.section645.230. Unlawful to engage in certain conduct without license or permit or without complying with certain provisions of chapter; power of Real Estate Division to file complaint with court and assist in prosecution of violation; prosecution by district attorney or Attorney General.section645.235. Administrative fine for engaging in certain conduct without license, permit, certificate, registration or authorization; procedure for imposition of fine; judicial review; exceptions.section645.250. Power of cities and towns to license and regulate brokers and salespersons not affected.section645.251. Licensee not required to comply with certain principles of common law.section645.252. Duties of licensee acting as agent in real estate transaction.section645.253. Licensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction or property management agreement.section645.254. Additional duties of licensee entering into brokerage agreement to represent client in real estate transaction.section645.255. Waiver of duties of licensee or property manager prohibited.section645.256. Broker who provides asset management services to client required to provide Real Estate Division with certain information annually; disciplinary action by Division.section645.257. Action to recover damages suffered as proximate result of failure of licensee or property manager to perform certain duties; standard of care.section645.258. Duties concerning transaction involving used manufactured home or used mobile home.section645.259. Liability of licensee for misrepresentation made by client; failure of seller to make required disclosures is public record.section645.260. One act constitutes action in capacity of broker or salesperson.section645.270. Allegation and proof of licensed status in action for compensation.section645.280. Association with or compensation of unlicensed broker, broker-salesperson or salesperson unlawful; payment of commission other than through broker or owner-developer unlawful.section645.283. Owner-developers: Employment of licensed salespersons; association with qualified sales manager; registration.section645.285. Owner-developers: Form and contents of application for registration.section645.287. Owner-developers: Regulations concerning qualifications; principal place of business and records.section645.289. Owner-developers: Qualifications and duties of person who acts as sales manager.section645.300. Delivery of copy of brokerage agreement; receipt.section645.310. Deposits and trust accounts: Accounting; commingling; records; inspection and audit.section645.313. Other financial accounts: Investigation and audit involving insolvency of broker or enforcement by Division; regulations governing scope of audit; grounds for disciplinary action.section645.314. Administrator may charge broker for costs and fees of audit under certain circumstances; additional grounds for disciplinary action.section645.315. Conditions and limitations on certain advertisements; required disclosures; prohibited acts; regulations.section645.320. Requirements for exclusive agency representation.section645.321. Discriminatory practices unlawful; penalty.section645.322. Accounting of use of advance fee charged or collected; Division may demand accounting.section645.323. License required for acceptance of advance fee listing.section645.324. Forms of brokerage agreements; reports and forms of accounting; regulations; maintenance of agreements for review and audit; grounds for disciplinary action.section645.330. General qualifications of applicant; grounds for denial of application; eligibility for licensing as broker.section645.332. Applicants licensed in another jurisdiction: Exemption from certain examination requirements; issuance of license as broker or broker-salesperson by reciprocity.section645.335. Depository financial institution prohibited from being licensed.section645.343. Educational requirements; regulations of Commission concerning standards of education.section645.345. Regulations of Division concerning schools and courses of instruction in principles and practice of real estate; standard of instruction.section645.350. Application: Form and contents.section645.355. Investigation of applicants background; fees; fingerprints.section645.358. Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Division. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]section645.370. Issuance of license to certain organizations doing business as broker; restrictions.section645.380. Issuance of license as broker required for certain members and officers of certain organizations.section645.385. Waiver of requirements of NRS 645.370 and 645.380 .section645.387. Issuance of license as broker-salesperson or salesperson to sole shareholder of corporation on behalf of corporation or to manager of limited-liability company on behalf of company; restrictions; duties; expiration.section645.400. Additional information concerning applicants may be required by Division; regulations concerning applications.section645.410. Regulations concerning fees for examination; time for payment of fees.section645.420. Action on application by Division; additional investigation; invalidation of license for certain errors in issuance.section645.430. Restrictions on reapplication after applicant denied license on ground other than failure of examination.section645.440. Denial of application: Notice; hearing; written decision; false statement ground for denial.section645.0445. Applicability of chapter.section645.450. Time for examinations.section645.460. Examination: Subjects covered; acceptance of national examination.section645.475. Examination for license as broker may be taken before meeting requirements for experience; issuance of license as broker-salesperson upon passing examination; application and experience required for issuance of license as broker.section645.490. Issuance of license; duty of Real Estate Division; renewal of license.section645.495. Nonresident licensee required to authorize service of process upon Administrator.section645.510. Authority of license limited to person or place of business licensed.section645.520. Form and contents; limitation on association with or employment of broker-salesperson or salesperson.section645.530. Delivery; display; maintenance in place of business.section645.550. Broker required to maintain place of business; business required to be conducted from location designated in license; licensing of broker or owner-developer by county, city or town.section645.560. Broker: Erection, maintenance, size and placement of signs.section645.570. Notice of change of name, location of business or association; requirements for transfer of association; effect of failure to give notice.section645.575. Continuing education: Standards; renewal or reinstatement of license; regulations.section645.577. Placement of license on inactive status; reinstatement.section645.580. Termination of association or employment of broker-salesperson or salesperson; duties of broker or owner-developer and broker-salesperson or salesperson; transfer of license or new license.section645.590. Termination of association by broker with limited-liability company, partnership or corporation; new license.section645.600. Inactive status for period of military service; reinstatement.section645.605. Certificate authorizing out-of-state licensed broker to cooperate with broker in Nevada: Issuance; fee; regulations.section645.610. Investigation of actions of licensees and other persons.section645.615. Duty to report certain convictions and pleas to Division.section645.620. Maintenance by Division of record of complaints, investigations and denials of applications.section645.625. Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.section645.630. Authorized disciplinary action; grounds for disciplinary action; orders imposing discipline deemed public records.section645.633. Additional grounds for disciplinary action: Improper trade practices; violations of certain orders, agreements, laws and regulations; criminal offenses; other unprofessional and improper conduct; reciprocal discipline; violations relating to property management; log of complaints.section645.635. Additional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions.section645.645. Additional grounds for disciplinary action: Unprofessional and improper conduct relating to sale of insurance for home protection.section645.647. Additional grounds for disciplinary action: Failure to pay money to Commission or Division.section645.648. Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]section645.660. Knowledge of associate or employer of violation by licensee or employee; penalties.section645.670. Effect on limited-liability company, partnership or corporation of revocation or suspension of license of manager, partner or officer; termination of suspension or reinstatement of license.section645.675. Investigations, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license, permit or registration.section645.680. Revocation, suspension or denial of renewal of license, permit or registration: Complaint; notice of hearing.section645.685. Revocation, suspension or denial of renewal of license, permit or registration: Answer; limitations on time of commencing proceeding.section645.690. Revocation, suspension or denial of renewal of license, permit or registration: Hearing; transcript.section645.700. Power of Commission to administer oaths, certify acts and issue subpoenas; service of process.section645.710. Fees and mileage for witness.section645.720. Enforcement of subpoenas.section645.730. Depositions; taking of evidence in another state; rights of party to hearing.section645.740. Decision of Commission: Rendition; notice; effective date; stay of decision.section645.760. Decision final when in favor of licensee; judicial review of decision against licensee.section645.770. Restrictions on issuance of new license, permit or registration after revocation.section645.780. Expiration of licenses; length of license periods; additional fees for electronic renewal.section645.785. Effect of failure to renew license or permit; increased fee for late renewal.section645.830. Fees; regulations.section645.841. Fund defined.section645.842. Creation; use; balances; interest and income.section645.843. Payment of additional fee by licensee for augmentation of Fund.section645.844. Recovery from Fund: Procedure; grounds; amount; hearing.section645.845. Administrator may answer petition for recovery; effect of judgment; compromise of claim.section645.846. Court order requiring payment from Fund.section645.847. Automatic suspension of license upon payment from Fund; conditions for reinstatement of license.section645.848. Distribution of payment from Fund if claims exceed maximum liability of Fund; order of payment of claims if balance of Fund insufficient; interest; use of certain money deposited in Fund.section645.863. Permit to engage in business as business broker: Persons eligible; requirements; continuing education; expiration; renewal; regulations.section645.865. Permit to engage in business as business broker: Requirements for certain organizations.section645.867. Designated business brokers: Requirements; qualifications; duties.section645.990. Unlawful acts; penalties.section645.993. Unlawful to file documents that are false or contain willful, material misstatement of fact; penalty.section645.2515. Brokers price opinion: Requirements; duties of licensee; regulations.section645.3205. Dealing with party to real estate transaction in manner which is deceitful, fraudulent or dishonest prohibited.section645.6051. Broker required to maintain record of work performed on residential property; contents of record.section645.6052. Permit to engage in property management: Persons eligible; requirements; instruction; expiration; renewal; regulations.section645.6054. Permit to engage in property management: Requirements for certain organizations.section645.6055. Designated property managers: Requirements; qualifications; duties.section645.6056. Property management agreements: Requirements; contents.section645.6057. Property management agreements: Duties of holder of permit to engage in property management when entering and performing agreement; exceptions.section645.6058. Disposition of fees, penalties and fines received by Division; delegation of authority of Division to hearing officer or panel.section645.8491. Administrator subrogated to rights of judgment creditor; deposit of money recovered.section645.8492. Waiver of rights.section645.8494. Disciplinary action against licensee not restricted.section645.8701. Definitions.section645.8705. Brokerage agreement defined.section645.8711. Commercial real estate defined.section645.8715. Commission defined.section645.8721. Disposition defined.section645.8725. Escrow defined.section645.8731. Escrow agent defined.section645.8735. Owner defined.section645.8741. Owners net proceeds defined.section645.8761. Broker has claim upon owners net proceeds for earned commissions; conditions and limitations on enforcement of claim; waiver; inapplicability to third-party claims; obligation to close escrow unaffected by claim.section645.8765. Requirements for broker to enforce claim: Written notice to owner and escrow agent; effect of failure to provide notice; exceptions.section645.8771. Requirements for broker to enforce claim: Information required in notice; verification by oath; acknowledgment.section645.8775. Duty of owner to confirm or deny claim; effect of confirming claim; effect of denying claim or failing to respond; recording of claim by broker.section645.8781. Duties of escrow agent upon notice of claim.section645.8785. Deposit of proceeds with district court; discharge of escrow agent from further liability concerning proceeds.section645.8791. Civil action concerning claim: Issuance of order to broker to appear and show cause; effect of failure to appear; hearings; release of proceeds; frivolous claims; compensatory damages; award of costs and attorneys fees to prevailing party.section645.8795. Priority of recorded claim.section645.8801. Release of recorded claim.section645.8805. Service of notice.section645.8811. Escrow agents: Immunity; collection of fees for services.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645.htmlFetched: 10/4/2026