Nevada Revised Statutes 645.035 – ‘Real estate broker-salesperson’ defined
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1. Within the meaning of this chapter, a ‘real estate broker-salesperson’ is any person who holds a real estate broker’s license, or who has passed the real estate broker’s examination, but who, as an employee or as an independent contractor, for compensation or otherwise, is associated with:
Terms Used In Nevada Revised Statutes 645.035
- 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
- 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
- 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
(a) A licensed real estate broker in the capacity of a salesperson, to do or to deal in any act, acts or transactions included within the definition of a real estate broker in NRS 645.030; or
(b) A registered owner-developer in the capacity of a sales manager in accordance with NRS 645.283 and 645.289.
2. In this chapter, the term ‘real estate salesperson’ includes ‘real estate broker-salesperson’ when applicable.