Nevada Revised Statutes
Chapter 119 - Sale of Subdivided Land: Licensing and Regulation
NRS 119.185 - Qualifications of registered representatives.


1. Registered representative permits shall be granted only to persons who:
(a) Bear a good reputation for honesty, truthfulness and fair dealing;
(b) Are of good moral character;
(c) Are competent to transact the business of a registered representative in such a manner as to safeguard the interests of the public; and
(d) Meet such other reasonable requirements as the Division may promulgate.
2. The Division shall establish rules and regulations to carry out the provisions of this section.
(Added to NRS by 1973, 1759)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 119 - Sale of Subdivided Land: Licensing and Regulation

NRS 119.010 - Definitions.

NRS 119.015 - "Administrator" defined.

NRS 119.020 - "Blanket encumbrance" defined.

NRS 119.030 - "Broker" defined.

NRS 119.040 - "Developer" defined.

NRS 119.045 - "Director" defined.

NRS 119.050 - "Division" defined.

NRS 119.055 - "Hearing officer" defined.

NRS 119.060 - "Offer" defined.

NRS 119.070 - "Person" defined.

NRS 119.075 - "Property report" defined.

NRS 119.080 - "Purchaser" defined.

NRS 119.090 - "Registered representative" defined.

NRS 119.100 - "Sale" defined.

NRS 119.105 - "Statement of record" defined.

NRS 119.110 - "Subdivision" defined.

NRS 119.112 - "Unit" defined.

NRS 119.114 - Administration by Real Estate Division; duties of Attorney General.

NRS 119.115 - Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.

NRS 119.116 - Employment of counsel, investigators and professional consultants.

NRS 119.118 - Support of Division by legislative appropriation; disposition of fees and charges.

NRS 119.119 - Applicability to subdivision registered under Interstate Land Sales Full Disclosure Act.

NRS 119.1193 - Applicability to subdivision restricted exclusively to nonresidential use.

NRS 119.1197 - Exemptions: Undivided interests in unimproved land that is undivided, located outside Nevada and offered for investment purposes; requirements to obtain exemption; regulations; revocation; complaints.

NRS 119.120 - Exemptions: Single purchase; large lots; contractors; court orders; governmental agencies.

NRS 119.121 - Exemptions: Single purchase; small lots; requirements for partial registration.

NRS 119.122 - Exemptions: Evidence of secured indebtedness; investment trusts; cemetery lots; property without liens, encumbrances or adverse claims; regulations of Division; revocation.

NRS 119.125 - Exemptions: Time shares; memberships in campgrounds.

NRS 119.128 - Exemptions: Limitation.

NRS 119.130 - License: Requirement; appointment of Secretary of State as agent for service of process; procedure for service of process.

NRS 119.140 - License: Required information; application; fee.

NRS 119.150 - License: Investigation.

NRS 119.160 - License: Issuance; denial; temporary permit; hearing.

NRS 119.163 - License: Creation and maintenance of website through which licenses may be renewed; fees.

NRS 119.165 - Renewal of permit; creation and maintenance of website; fees.

NRS 119.167 - Requirement to notify Division in writing of certain convictions.

NRS 119.170 - Sales: Reference to Division or employees prohibited.

NRS 119.175 - Responsibility of developer for acts of others.

NRS 119.180 - Sales: Approval of plan and methods required; application by broker and salesperson.

NRS 119.181 - Sales: Activities of registered representatives; application by registered representative.

NRS 119.182 - Sales: Review of information by broker or salesperson; rescission by purchaser.

NRS 119.183 - Sales: Disclosure to purchaser concerning public services and utilities.

NRS 119.1835 - Sales: Disclosure to purchaser of location of rights-of-way and easements for electrical transmission lines.

NRS 119.1837 - Sales: Developer must comply with certain provisions governing public offering statements for common-interest community containing converted building.

NRS 119.184 - Sales: Approval of advertising and offering.

NRS 119.185 - Qualifications of registered representatives.

NRS 119.190 - Additional penalty for violations.

NRS 119.200 - Participation by officers and employees of Division prohibited.

NRS 119.210 - News media not liable for publication or content of advertisements.

NRS 119.220 - Action by purchaser or Administrator for misrepresentation or other violation.

NRS 119.230 - Sale under blanket encumbrance unlawful; exceptions.

NRS 119.240 - Adoption of regulations required.

NRS 119.250 - Actions to enjoin violations; intervention.

NRS 119.260 - Orders to cease and desist; agreement with developer in lieu of issuance of order.

NRS 119.265 - Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

NRS 119.267 - Confidentiality of records: Certain criminal and financial records deemed confidential; exceptions.

NRS 119.270 - Hearing officers.

NRS 119.280 - Powers of Administrator to take testimony, administer oaths, issue subpoenas and classify confidential records.

NRS 119.290 - Service of process; witness fees.

NRS 119.300 - Action to compel attendance of witnesses and production of documents.

NRS 119.310 - Depositions and discovery.

NRS 119.320 - Fees.

NRS 119.322 - Disciplinary action for failure to pay money to Real Estate Division.

NRS 119.325 - Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license.

NRS 119.327 - Expiration, revocation or surrender of property report, permit, partial registration, exemption, license or registration does not prohibit disciplinary action against holder thereof.

NRS 119.329 - Administrative fine for engaging in certain conduct without license, permit, registration or authorization; procedure for imposition of fine; judicial review; exceptions.

NRS 119.330 - Unlawful acts; penalties.

NRS 119.340 - Provisions of chapter are supplemental.