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Recommended Nevada Real Estate-Related Statutes (NAC and NRS)
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Recommended Nevada Real Estate-Related Statutes (NAC and NRS)

Categories: NEC

Recommended Statutes

1NAC 119.200SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Exemption from RegistrationRegistration required unless developer exempted.
1NAC 119.210SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Exemption from RegistrationParcels at least 40 acres in area.
1NAC 119.235SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Exemption from RegistrationParcels greater than 80 acres in area.
1NAC 119.340SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Developers and Real Estate LicenseesRegistered representatives.
1NAC 119.407SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / AdvertisingOral statements.
1NAC 119.415SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / AdvertisingPrice; predevelopment sales; discount; future price; increase in value.
3NAC 119.455SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / AdvertisingDisclosure of promotional purpose.
3NAC 119.500SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Promotional Meetings, Gifts, and ContractsPromotional meetings: Generally.
3NAC 119.510SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Promotional Meetings, Gifts, and ContractsStandards for promotional meetings.
3NAC 119.520SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Promotional Meetings, Gifts, and ContractsVacation and other gift certificates.
3NAC 119.530SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Promotional Meetings, Gifts, and ContractsContracts, agreements and other documents of sale.
4NAC 645.350REAL ESTATE BROKERS AND SALESPERSONS / Licenses, Certificates, and ExaminationsInvoluntary inactivation, suspension or revocation of broker’s license; expiration of license upon death of licensee; death of person acting as broker of brokerage.
2NAC 645.435REAL ESTATE BROKERS AND SALESPERSONS / Education in Real Estate; General ProvisionsCourse required to obtain original license as salesperson.
4NAC 645.437REAL ESTATE BROKERS AND SALESPERSONS / Education in Real Estate; General ProvisionsApproval of course in broker management required to obtain original license as broker or broker-salesperson.
2NAC 645.448REAL ESTATE BROKERS AND SALESPERSONS / Education in Real Estate; Continuing EducationSpecific requirements for renewal of license other than initial license and for reinstatement of license.
2NAC 645.525REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeNaming of false consideration in document.
2NAC 645.535REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeExclusive agency agreements; placement of signs.
2NAC 645.600REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeResponsibilities of broker regarding associated licensees, employees and operation of business; agreement to retain licensee as independent contractor.
2NAC 645.605REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeConsiderations in determining certain misconduct by licensee.
2NAC 645.610REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeRestrictions on advertising; use of name under which licensee is licensed.
2NAC 645.611REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeAdvertisement of services: Use of terms "team" and "group."
2NAC 645.613REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeDissemination of certain unsolicited information through Internet or electronic mail.
2NAC 645.615REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeUse of sign to identify business.
2NAC 645.620REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeUse of fictitious name.
2NAC 645.630REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticePrompt tender of offers.
2NAC 645.632REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeNotification of rejection of offer or counteroffer.
2NAC 645.635REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeDisclosure of unmerchantable title.
2NAC 645.637REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeDisclosure of relationship as agent or status as principal.
2NAC 645.640REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeDisclosure of interest of licensee in certain transactions.
2NAC 645.650REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticePeriods for maintenance of certain records by broker and for provision of certain paperwork to broker.
2NAC 645.657REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticePayment of deposits.
2NAC 645.675REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeAgreements for advance fees.
2NAC 645.678REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeDuties of broker operating agency which lists rentals for advance fee.
2NAC 645.690REAL ESTATE BROKERS AND SALESPERSONS / Standards of PracticeCorrection of certain deficiencies upon notice and request by Division.
1NRS 119.090SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / General Provisions"Registered representative" defined.
2NRS 119.119SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Applicabilty and ExemptionsApplicability to subdivision registered under Interstate Land Sales Full Disclosure Act.
2NRS 119.170SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Requirements and RestrictionsSales: Reference to Division or employees prohibited.
2NRS 119.175SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Requirements and RestrictionsResponsibility of developer for acts of others.
2NRS 119.180SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION / Requirements and RestrictionsSales: Approval of plan and methods required; application by broker and salesperson.
3NRS 645.0005REAL ESTATE BROKERS AND SALESPERSONS / General ProvisionsDefinitions.
4NRS 645.002REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Advance fee" defined.
4NRS 645.004REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Advance fee listing" defined.
4NRS 645.0045REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Agency" defined.
4NRS 645.005REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Brokerage agreement" defined.
4NRS 645.009REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Client" defined.
2NRS 645.010REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Commission" defined.
4NRS 645.013REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Designated property manager" defined.
4NRS 645.0195REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Property manager" defined.
4NRS 645.030REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Real estate broker" defined.
4NRS 645.035REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Real estate broker-salesperson" defined.
4NRS 645.040REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Real estate salesperson" defined.
4NRS 645.042REAL ESTATE BROKERS AND SALESPERSONS / General Provisions"Used manufactured home" or "used mobile home" defined.
4NRS 645.193REAL ESTATE BROKERS AND SALESPERSONS / AdministrationReal Estate Division to prepare and distribute forms setting forth certain duties owed by licensees.
4NRS 645.194REAL ESTATE BROKERS AND SALESPERSONS / AdministrationReal Estate Division to prepare booklet concerning certain disclosures required in sale of residential property.
4NRS 645.195REAL ESTATE BROKERS AND SALESPERSONS / AdministrationInspection of records of broker and owner-developer by Real Estate Division; regulations.
4NRS 645.215REAL ESTATE BROKERS AND SALESPERSONS / AdministrationInvestigation by Real Estate Division of certain transactions relating to unimproved land or subdivision; injunction for fraud, deceit or false advertising.
4NRS 645.230REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeUnlawful 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.
2NRS 645.251REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeLicensee not required to comply with certain principles of common law.
2NRS 645.252REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDuties of licensee acting as agent in real estate transaction.
2NRS 645.253REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeLicensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction.
2NRS 645.254REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeAdditional duties of licensee entering into brokerage agreement to represent client in real estate transaction.
2NRS 645.255REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeWaiver of duties of licensee prohibited.
2NRS 645.257REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeAction to recover damages suffered as result of licensee’s failure to perform certain duties; standard of care.
2NRS 645.258REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDuties concerning transaction involving used manufactured home or used mobile home.
2NRS 645.259REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeLiability of licensee for misrepresentation made by client; failure of seller to make required disclosures is public record.
2NRS 645.260REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeOne act constitutes action in capacity of broker or salesperson.
2NRS 645.280REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeAssociation with or compensation of unlicensed broker, broker-salesperson or salesperson unlawful; payment of commission other than through broker or owner-developer unlawful.
2NRS 645.300REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDelivery of copy of written brokerage agreement; receipt.
2NRS 645.310REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDeposits and trust accounts: Accounting; commingling; records; inspection and audit.
2NRS 645.315REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeConditions and limitations on certain advertisements; required disclosures; prohibited acts.
2NRS 645.320REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeRequirements for exclusive agency representation.
2NRS 645.3205REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDealing with party to real estate transaction in manner which is deceitful, fraudulent or dishonest prohibited.
2NRS 645.321REAL ESTATE BROKERS AND SALESPERSONS / Regulation of PracticeDiscriminatory practices unlawful; penalty.
2NRS 645.322REAL ESTATE BROKERS AND SALESPERSONS / Advance FeesAccounting of use of advance fee charged or collected; Division may demand accounting.
2NRS 645.323REAL ESTATE BROKERS AND SALESPERSONS / Advance FeesLicense required for acceptance of advance fee listing.
2NRS 645.324REAL ESTATE BROKERS AND SALESPERSONS / Advance FeesForms of brokerage agreements; reports and forms of accounting; regulations; maintenance of agreements for review and audit; grounds for disciplinary action.
2NRS 645.370REAL ESTATE BROKERS AND SALESPERSONS / LicensesIssuance of license to certain organizations doing business as broker; restrictions.
2NRS 645.400REAL ESTATE BROKERS AND SALESPERSONS / LicensesAdditional information concerning applicants may be required by Division; regulations concerning applications.
4NRS 645.560REAL ESTATE BROKERS AND SALESPERSONS / LicensesBroker: Erection, maintenance, size and placement of signs.
4NRS 645.570REAL ESTATE BROKERS AND SALESPERSONS / LicensesNotice of change of name, location of business or association; requirements for transfer of association; effect of failure to give notice.
4NRS 645.580REAL ESTATE BROKERS AND SALESPERSONS / LicensesTermination 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.
4NRS 645.605REAL ESTATE BROKERS AND SALESPERSONS / LicensesCertificate authorizing out-of-state licensed broker to cooperate with broker in Nevada: Issuance; fee; regulations.
4NRS 645.6052REAL ESTATE BROKERS AND SALESPERSONS / Property ManagersPermit to engage in property management: Persons eligible; requirements; instruction; expiration; renewal; regulations.
4NRS 645.6054REAL ESTATE BROKERS AND SALESPERSONS / Property ManagersPermit to engage in property management: Requirements for certain organizations.
4NRS 645.6056REAL ESTATE BROKERS AND SALESPERSONS / Property ManagersProperty management agreements: Requirements; contents.
4NRS 645.610REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionInvestigation of actions of licensees and other persons.
4NRS 645.630REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionAuthorized disciplinary action; grounds for disciplinary action; orders imposing discipline deemed public records.
4NRS 645.633REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionAdditional 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; reports.
4NRS 645.635REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionAdditional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions.
4NRS 645.645REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionAdditional grounds for disciplinary action: Unprofessional and improper conduct relating to sale of insurance for home protection.
4NRS 645.660REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionKnowledge of associate or employer of violation by licensee or employee; penalties.
4NRS 645.690REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionRevocation, suspension or denial of renewal of license, permit or registration: Hearing; transcript.
4NRS 645.720REAL ESTATE BROKERS AND SALESPERSONS / Disciplinary ActionEnforcement of subpoenas.
1NRS 645.844REAL ESTATE BROKERS AND SALESPERSONS / Real Estate Education, Research, and Recovery FundRecovery from Fund: Procedure; grounds; amount; hearing.
1NRS 645.847REAL ESTATE BROKERS AND SALESPERSONS / Real Estate Education, Research, and Recovery FundAutomatic suspension of license upon payment from Fund; conditions for reinstatement of license.
2NRS 645.8705REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Brokerage agreement" defined.
2NRS 645.8711REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Commercial real estate" defined.
2NRS 645.8725REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Escrow" defined.
2NRS 645.8731REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Escrow agent" defined.
2NRS 645.8735REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Owner" defined.
2NRS 645.8741REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; General Provisions"Owner’s net proceeds" defined.
2NRS 645.8761REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; Rights, Duties, and Liabilities Relating to CommissionsBroker 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.
2NRS 645.8811REAL ESTATE BROKERS AND SALESPERSONS / Brokerage Agreements Involving Commercial Real Estate; Rights, Duties, and Liabilities Relating to CommissionsEscrow agents: Immunity; collection of fees for services.
4NRS 645.990REAL ESTATE BROKERS AND SALESPERSONS / Unlawful Acts; PenaltiesUnlawful acts; penalties.
4NRS 645.993REAL ESTATE BROKERS AND SALESPERSONS / Unlawful Acts; PenaltiesUnlawful to file documents that are false or contain willful, material misstatement of fact; penalty.

1 Not recommended in classroom or on the printed list of recommended statutes.
2 Recommended in classroom, but not on the printed list of recommended statutes.
3 Not recommended in classroom, but appears on the printed list of recommended statutes.
4 Recommended both in classroom and appears on the printed list of recommended statutes.


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