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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

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

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 645 - REAL ESTATE BROKERS AND SALESPERSONS
  3. REGULATION OF PRACTICES

1. Except as otherwise provided in subsection 2, an owner-developer who is registered with the Real Estate Division may employ one or more licensed real estate salespersons to sell any single-family residence, owned by the owner-developer and not previously sold, which is within the area covered by his or her current registration.

2. An owner-developer may not employ a licensed real estate salesperson pursuant to subsection 1 unless a licensed real estate broker-salesperson who is qualified pursuant to NRS 645.289 is associated with the owner-developer as a sales manager to oversee the activities of the real estate salesperson.

3. The area covered by an owner-developer’s registration may be enlarged from time to time upon application and payment of the required fee.

4. Registration may be kept in force by annual renewal.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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