§ 645.230 Unlawful to engage in certain conduct without license or permit or without complying with certain provisions of chapter; power of Real Estate Division to file complaint with court and assist in prosecution of violation; prosecution by district
§ 645.235 Administrative fine for engaging in certain conduct without license, permit, certificate, registration or authorization; procedure for imposition of fine; judicial review; exceptions
§ 645.250 Power of cities and towns to license and regulate brokers and salespersons not affected
§ 645.251 Licensee not required to comply with certain principles of common law
§ 645.2515 Broker’s price opinion: Requirements; duties of licensee; regulations
§ 645.252 Duties of licensee acting as agent in real estate transaction
§ 645.253 Licensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction or property management agreement
§ 645.254 Additional duties of licensee entering into brokerage agreement to represent client in real estate transaction
§ 645.255 Waiver of duties of licensee or property manager prohibited
§ 645.256 Broker who provides asset management services to client required to provide Real Estate Division with certain information annually; disciplinary action by Division
§ 645.257 Action to recover damages suffered as proximate result of failure of licensee or property manager to perform certain duties; standard of care
§ 645.258 Duties concerning transaction involving used manufactured home or used mobile home
§ 645.259 Liability of licensee for misrepresentation made by client; failure of seller to make required disclosures is public record
§ 645.260 One act constitutes action in capacity of broker or salesperson
§ 645.270 Allegation and proof of licensed status in action for compensation
§ 645.280 Association with or compensation of unlicensed broker, broker-salesperson or salesperson unlawful; payment of commission other than through broker or owner-developer unlawful
§ 645.283 Owner-developers: Employment of licensed salespersons; association with qualified sales manager; registration
§ 645.285 Owner-developers: Form and contents of application for registration
§ 645.287 Owner-developers: Regulations concerning qualifications; principal place of business and records
§ 645.289 Owner-developers: Qualifications and duties of person who acts as sales manager
§ 645.300 Delivery of copy of written brokerage agreement; receipt
§ 645.310 Deposits and trust accounts: Accounting; commingling; records; inspection and audit
§ 645.313 Other financial accounts: Investigation and audit involving insolvency of broker or enforcement by Division; regulations governing scope of audit; grounds for disciplinary action
§ 645.314 Administrator may charge broker for costs and fees of audit under certain circumstances; additional grounds for disciplinary action
§ 645.315 Conditions and limitations on certain advertisements; required disclosures; prohibited acts; regulations
§ 645.320 Requirements for exclusive agency representation
§ 645.3205 Dealing with party to real estate transaction in manner which is deceitful, fraudulent or dishonest prohibited
§ 645.321 Discriminatory practices unlawful; penalty
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Terms Used In Nevada Revised Statutes > Chapter 645 > Regulation of Practices

  • Administrator: means the Real Estate Administrator. See Nevada Revised Statutes 645.001
  • Appraisal: A determination of property value.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Commission: means the Real Estate Commission. See Nevada Revised Statutes 645.010
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • Personal property: All property that is not real property.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • 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
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.