1.  The Real Estate Commission is hereby created. The Commission consists of five members appointed by the Governor.

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Terms Used In Nevada Revised Statutes 645.050

  • Administrator: means the Real Estate Administrator. See Nevada Revised Statutes 645.001
  • Commission: means the Real Estate Commission. See Nevada Revised Statutes 645.010
  • 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

2.  The Commission shall act in an advisory capacity to the Real Estate Division, adopt regulations and conduct hearings as provided in this chapter. The Commission shall adopt regulations establishing standards for the operation of licensees’ offices and for their business conduct and ethics.

3.  The Commission may by regulation delegate any authority conferred upon it by this chapter to the Administrator to be exercised pursuant to the regulations of the Commission.

4.  Service of process and other communications upon the Commission may be made at the principal office of the Real Estate Division.