Nevada Revised Statutes
Chapter 645 - Real Estate Brokers and Salespersons
NRS 645.8785 - Deposit of proceeds with district court; discharge of escrow agent from further liability concerning proceeds.

Nevada Revised Statutes

Chapter 645 - Real Estate Brokers and Salespersons

NRS 645.0005 - Definitions.

NRS 645.001 - "Administrator" defined.

NRS 645.002 - "Advance fee" defined.

NRS 645.004 - "Advance fee listing" defined.

NRS 645.0045 - Agency" defined.

NRS 645.005 - "Brokerage agreement" defined.

NRS 645.007 - "Business" defined.

NRS 645.0075 - "Business broker" defined.

NRS 645.009 - "Client" defined.

NRS 645.010 - "Commission" defined.

NRS 645.013 - "Designated property manager" defined.

NRS 645.015 - "Director" defined.

NRS 645.018 - "Owner-developer" defined.

NRS 645.019 - "Property management" defined.

NRS 645.0192 - "Property management agreement" defined.

NRS 645.0195 - "Property manager" defined.

NRS 645.020 - "Real estate" defined.

NRS 645.030 - "Real estate broker" defined.

NRS 645.035 - "Real estate broker-salesperson" defined.

NRS 645.037 - "Real Estate Division" and "Division" defined.

NRS 645.040 - "Real estate salesperson" defined.

NRS 645.042 - "Used manufactured home" or "used mobile home" defined.

NRS 645.044 - Use of terms "salesman," "saleswoman" and "salesperson" authorized.

NRS 645.0445 - Applicability of chapter.

NRS 645.045 - Administration by Real Estate Division.

NRS 645.050 - Real Estate Commission: Creation; number and appointment of members; powers and duties; regulations; service of process.

NRS 645.060 - Real Estate Commission: Limitation on consecutive service by member.

NRS 645.070 - Real Estate Commission: Oaths of members.

NRS 645.090 - Real Estate Commission: Qualifications of members.

NRS 645.100 - Real Estate Commission: Residency of members.

NRS 645.110 - Real Estate Commission: Officers.

NRS 645.120 - Administrator: Qualifications; restrictions.

NRS 645.130 - Employees, legal counsel, investigators and other professional consultants of Real Estate Division; restrictions.

NRS 645.140 - Deposit and use of money received by Division; salary of members; per diem allowance and travel expenses of members and employees of Commission.

NRS 645.142 - Technology Account for Chapter 645 of NRS.

NRS 645.145 - Real Estate Commission: Fiscal year.

NRS 645.150 - Real Estate Commission: Meetings.

NRS 645.160 - Real Estate Commission: Quorum; effect of vacancy; act of majority.

NRS 645.170 - Real Estate Division: Principal and branch offices.

NRS 645.180 - Real Estate Division: Seal; general provisions governing public inspection and confidentiality of records; admissibility of certified copies of records as evidence.

NRS 645.190 - Powers of Real Estate Division; regulations of Commission or Administrator; publication of manual or guide.

NRS 645.191 - Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.

NRS 645.193 - Real Estate Division required to prepare and distribute forms setting forth certain duties owed by licensees.

NRS 645.194 - Real Estate Division required to prepare booklet concerning certain disclosures required in sale of residential property.

NRS 645.195 - Inspection of records of broker and owner-developer by Real Estate Division; regulations.

NRS 645.200 - Attorney General: Opinions and action as attorney.

NRS 645.210 - Injunctions.

NRS 645.215 - Investigation by Real Estate Division of certain transactions relating to unimproved land or subdivision; injunction for fraud, deceit or false advertising.

NRS 645.230 - 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 d...

NRS 645.235 - Administrative fine for engaging in certain conduct without license, permit, certificate, registration or authorization; procedure for imposition of fine; judicial review; exceptions.

NRS 645.250 - Power of cities and towns to license and regulate brokers and salespersons not affected.

NRS 645.251 - Licensee not required to comply with certain principles of common law.

NRS 645.2515 - Broker’s price opinion: Requirements; duties of licensee; regulations.

NRS 645.252 - Duties of licensee acting as agent in real estate transaction.

NRS 645.253 - Licensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction.

NRS 645.254 - Additional duties of licensee entering into brokerage agreement to represent client in real estate transaction.

NRS 645.255 - Waiver of duties of licensee prohibited.

NRS 645.256 - Broker who provides asset management services to client required to provide Real Estate Division with certain information annually; disciplinary action by Division.

NRS 645.257 - Action to recover damages suffered as result of licensee’s failure to perform certain duties; standard of care.

NRS 645.258 - Duties concerning transaction involving used manufactured home or used mobile home.

NRS 645.259 - Liability of licensee for misrepresentation made by client; failure of seller to make required disclosures is public record.

NRS 645.260 - One act constitutes action in capacity of broker or salesperson.

NRS 645.270 - Allegation and proof of licensed status in action for compensation.

NRS 645.280 - Association with or compensation of unlicensed broker, broker-salesperson or salesperson unlawful; payment of commission other than through broker or owner-developer unlawful.

NRS 645.283 - Owner-developers: Employment of licensed salespersons; association with qualified sales manager; registration.

NRS 645.285 - Owner-developers: Form and contents of application for registration.

NRS 645.287 - Owner-developers: Regulations concerning qualifications; principal place of business and records.

NRS 645.289 - Owner-developers: Qualifications and duties of person who acts as sales manager.

NRS 645.300 - Delivery of copy of written brokerage agreement; receipt.

NRS 645.310 - Deposits and trust accounts: Accounting; commingling; records; inspection and audit.

NRS 645.313 - Other financial accounts: Investigation and audit involving insolvency of broker or enforcement by Division; regulations governing scope of audit; grounds for disciplinary action.

NRS 645.314 - Administrator may charge broker for costs and fees of audit under certain circumstances; additional grounds for disciplinary action.

NRS 645.315 - Conditions and limitations on certain advertisements; required disclosures; prohibited acts; regulations.

NRS 645.320 - Requirements for exclusive agency representation.

NRS 645.3205 - Dealing with party to real estate transaction in manner which is deceitful, fraudulent or dishonest prohibited.

NRS 645.321 - Discriminatory practices unlawful; penalty.

NRS 645.322 - Accounting of use of advance fee charged or collected; Division may demand accounting.

NRS 645.323 - License required for acceptance of advance fee listing.

NRS 645.324 - Forms of brokerage agreements; reports and forms of accounting; regulations; maintenance of agreements for review and audit; grounds for disciplinary action.

NRS 645.330 - General qualifications of applicant; grounds for denial of application; eligibility for licensing as broker.

NRS 645.332 - Applicants licensed in another jurisdiction: Exemption from certain examination requirements; issuance of license as broker or broker-salesperson by reciprocity.

NRS 645.335 - Depository financial institution prohibited from being licensed.

NRS 645.343 - Educational requirements; regulations of Commission concerning standards of education.

NRS 645.345 - Regulations of Division concerning schools and courses of instruction in principles and practice of real estate; standard of instruction.

NRS 645.350 - Application: Form and contents.

NRS 645.355 - Investigation of applicant’s background; fees; fingerprints.

NRS 645.358 - 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 pro...

NRS 645.370 - Issuance of license to certain organizations doing business as broker; restrictions.

NRS 645.380 - Issuance of license as broker required for certain members and officers of certain organizations.

NRS 645.385 - Waiver of requirements of NRS 645.370 and 645.380.

NRS 645.387 - 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.

NRS 645.400 - Additional information concerning applicants may be required by Division; regulations concerning applications.

NRS 645.410 - Regulations concerning fees for examination; time for payment of fees.

NRS 645.420 - Action on application by Division; additional investigation; invalidation of license for certain errors in issuance.

NRS 645.430 - Restrictions on reapplication after applicant denied license on ground other than failure of examination.

NRS 645.440 - Denial of application: Notice; hearing; written decision; false statement ground for denial.

NRS 645.450 - Time for examinations.

NRS 645.460 - Examination: Subjects covered; acceptance of national examination.

NRS 645.475 - 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.

NRS 645.490 - Issuance of license; duty of Real Estate Division; renewal of license.

NRS 645.495 - Nonresident licensee required to authorize service of process upon Administrator.

NRS 645.510 - Authority of license limited to person or place of business licensed.

NRS 645.520 - Form and contents; limitation on association with or employment of broker-salesperson or salesperson.

NRS 645.530 - Delivery; display; maintenance in place of business.

NRS 645.550 - 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.

NRS 645.560 - Broker: Erection, maintenance, size and placement of signs.

NRS 645.570 - Notice of change of name, location of business or association; requirements for transfer of association; effect of failure to give notice.

NRS 645.575 - Continuing education: Standards; renewal or reinstatement of license; regulations.

NRS 645.577 - Placement of license on inactive status; reinstatement.

NRS 645.580 - 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.

NRS 645.590 - Termination of association by broker with limited-liability company, partnership or corporation; new license.

NRS 645.600 - Inactive status for period of military service; reinstatement.

NRS 645.605 - Certificate authorizing out-of-state licensed broker to cooperate with broker in Nevada: Issuance; fee; regulations.

NRS 645.6051 - Broker required to maintain record of work performed on residential property; contents of record.

NRS 645.6052 - Permit to engage in property management: Persons eligible; requirements; instruction; expiration; renewal; regulations.

NRS 645.6054 - Permit to engage in property management: Requirements for certain organizations.

NRS 645.6055 - Designated property managers: Requirements; qualifications; duties.

NRS 645.6056 - Property management agreements: Requirements; contents.

NRS 645.6058 - Disposition of fees, penalties and fines received by Division; delegation of authority of Division to hearing officer or panel.

NRS 645.610 - Investigation of actions of licensees and other persons.

NRS 645.615 - Duty to report certain convictions and pleas to Division.

NRS 645.620 - Maintenance by Division of record of complaints, investigations and denials of applications.

NRS 645.625 - Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

NRS 645.630 - Authorized disciplinary action; grounds for disciplinary action; orders imposing discipline deemed public records.

NRS 645.633 - 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 relati...

NRS 645.635 - Additional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions.

NRS 645.645 - Additional grounds for disciplinary action: Unprofessional and improper conduct relating to sale of insurance for home protection.

NRS 645.647 - Additional grounds for disciplinary action: Failure to pay money to Commission or Division.

NRS 645.648 - 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 stat...

NRS 645.660 - Knowledge of associate or employer of violation by licensee or employee; penalties.

NRS 645.670 - 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.

NRS 645.675 - Investigations, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license, permit or registration.

NRS 645.680 - Revocation, suspension or denial of renewal of license, permit or registration: Complaint; notice of hearing.

NRS 645.685 - Revocation, suspension or denial of renewal of license, permit or registration: Answer; limitations on time of commencing proceeding.

NRS 645.690 - Revocation, suspension or denial of renewal of license, permit or registration: Hearing; transcript.

NRS 645.700 - Power of Commission to administer oaths, certify acts and issue subpoenas; service of process.

NRS 645.710 - Fees and mileage for witness.

NRS 645.720 - Enforcement of subpoenas.

NRS 645.730 - Depositions; taking of evidence in another state; rights of party to hearing.

NRS 645.740 - Decision of Commission: Rendition; notice; effective date; stay of decision.

NRS 645.760 - Decision final when in favor of licensee; judicial review of decision against licensee.

NRS 645.770 - Restrictions on issuance of new license, permit or registration after revocation.

NRS 645.780 - Expiration of licenses; length of license periods; additional fees for electronic renewal.

NRS 645.785 - Effect of failure to renew license or permit; increased fee for late renewal.

NRS 645.830 - Fees; regulations.

NRS 645.841 - "Fund" defined.

NRS 645.842 - Creation; use; balances; interest and income.

NRS 645.843 - Payment of additional fee by licensee for augmentation of Fund.

NRS 645.844 - Recovery from Fund: Procedure; grounds; amount; hearing.

NRS 645.845 - Administrator may answer petition for recovery; effect of judgment; compromise of claim.

NRS 645.846 - Court order requiring payment from Fund.

NRS 645.847 - Automatic suspension of license upon payment from Fund; conditions for reinstatement of license.

NRS 645.848 - 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.

NRS 645.8491 - Administrator subrogated to rights of judgment creditor; deposit of money recovered.

NRS 645.8492 - Waiver of rights.

NRS 645.8494 - Disciplinary action against licensee not restricted.

NRS 645.863 - Permit to engage in business as business broker: Persons eligible; requirements; continuing education; expiration; renewal; regulations.

NRS 645.865 - Permit to engage in business as business broker: Requirements for certain organizations.

NRS 645.867 - Designated business brokers: Requirements; qualifications; duties.

NRS 645.8701 - Definitions.

NRS 645.8705 - "Brokerage agreement" defined.

NRS 645.8711 - "Commercial real estate" defined.

NRS 645.8715 - "Commission" defined.

NRS 645.8721 - "Disposition" defined.

NRS 645.8725 - "Escrow" defined.

NRS 645.8731 - "Escrow agent" defined.

NRS 645.8735 - "Owner" defined.

NRS 645.8741 - "Owner’s net proceeds" defined.

NRS 645.8761 - Broker has claim upon owner’s 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.

NRS 645.8765 - Requirements for broker to enforce claim: Written notice to owner and escrow agent; effect of failure to provide notice; exceptions.

NRS 645.8771 - Requirements for broker to enforce claim: Information required in notice; verification by oath; acknowledgment.

NRS 645.8775 - 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.

NRS 645.8781 - Duties of escrow agent upon notice of claim.

NRS 645.8785 - Deposit of proceeds with district court; discharge of escrow agent from further liability concerning proceeds.

NRS 645.8791 - 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 attorney’s fees to prevailing p...

NRS 645.8795 - Priority of recorded claim.

NRS 645.8801 - Release of recorded claim.

NRS 645.8805 - Service of notice.

NRS 645.8811 - Escrow agents: Immunity; collection of fees for services.

NRS 645.990 - Unlawful acts; penalties.

NRS 645.993 - Unlawful to file documents that are false or contain willful, material misstatement of fact; penalty.