Nevada Revised Statutes 645.253 – Licensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction or property management agreement
If a real estate broker assigns different:
Terms Used In Nevada Revised Statutes 645.253
- 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. Licensees affiliated with his or her brokerage to separate parties to a real estate transaction, the licensees are not required to obtain the written consent required pursuant to paragraph (d) of subsection 1 of NRS 645.252. Each licensee shall not disclose, except to the real estate broker, confidential information relating to a client in violation of NRS 645.254.
2. Licensees affiliated with his or her brokerage who hold permits to engage in property management to separate parties to a property management agreement, the property managers are not required to obtain the written consent required pursuant to paragraph (d) of subsection 1 of NRS 645.6057. Each property manager shall not disclose, except to the real estate broker, confidential information relating to a client in violation of NRS 645.6057.