Nevada Revised Statutes 645.193 – Real Estate Division required to prepare and distribute forms setting forth certain duties owed by licensees, property managers and brokers when acting for parties to real estate transaction or property management ag…
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The Division shall prepare and distribute to licensees and property managers:
Terms Used In Nevada Revised Statutes 645.193
- 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. A form which sets forth the duties owed by a licensee or property manager who is acting for only one party to a real estate transaction or property management agreement, as applicable.
2. A form which sets forth the duties owed by a licensee or property manager who is acting for more than one party to a real estate transaction or property management agreement, as applicable.
3. A form which sets forth the duties owed by a real estate broker who assigns different licensees or property managers affiliated with his or her brokerage to separate parties to a real estate transaction or property management agreement, as applicable.