Nevada Revised Statutes 645.675 – Investigations, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license, permit or registration
The expiration or revocation of a license, permit or registration by operation of law or by order or decision of the Commission or a court of competent jurisdiction, or the voluntary surrender of a license, permit or registration by a real estate broker, real estate broker-salesperson, real estate salesperson, property manager or owner-developer does not:
Terms Used In Nevada Revised Statutes 645.675
- Administrator: means the Real Estate Administrator. See Nevada Revised Statutes 645.001
- Commission: means the Real Estate Commission. See Nevada Revised Statutes 645.010
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- owner-developer: means a person who owns five or more lots within a recorded subdivision, shown on an approved parcel map, or the parceling of which has been approved by the county, on each of which there is a single-family residence not previously sold. See Nevada Revised Statutes 645.018
- real estate: means every interest or estate in real property including but not limited to freeholds, leaseholds and interests in condominiums, town houses or planned unit developments, whether corporeal or incorporeal, and whether the real property is situated in this State or elsewhere. See Nevada Revised Statutes 645.020
1. Prohibit the Administrator, Commission or Division from initiating or continuing an investigation of, or action or disciplinary proceeding against, the real estate broker, real estate broker-salesperson, real estate salesperson, property manager or owner-developer as authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto; or
2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto against the real estate broker, real estate broker-salesperson, real estate salesperson, property manager or owner-developer.