Nevada Revised Statutes 119A.680 – Acting as project broker, supervising licensee, sales agent, representative, manager or time-share resale broker without license or registration
1. It is unlawful for any person to engage in the business of, act in the capacity of, advertise or assume to act as a:
Attorney's Note
Under the Nevada Revised Statutes, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
gross misdemeanor | up to 364 days | up to $2,000 |
Terms Used In Nevada Revised Statutes 119A.680
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
(a) Project broker, a person who is licensed pursuant to chapter 645 of NRS or a time-share resale broker within the State of Nevada without first obtaining a license from the Division pursuant to chapter 645 of NRS.
(b) Sales agent for a project broker within the State of Nevada without first obtaining a license from the Division pursuant to NRS 119A.210, unless he or she is licensed as a real estate salesperson pursuant to chapter 645 of NRS.
(c) Representative, manager or time-share resale broker within the State of Nevada without first registering with the Division.
2. Any person who violates subsection 1 is guilty of a gross misdemeanor.