Nev. Admin. Code § 645.637

Current through December 31, 2024
Section 645.637 - Disclosure of relationship as agent or status as principal

In each real estate transaction involving a licensee, as agent or principal, the licensee shall clearly disclose, in writing, to his or her client and to any party not represented by a licensee, the relationship of the licensee as the agent of his or her client or the status of the licensee as a principal. The disclosure must be made as soon as practicable, but not later than the date and time on which any written document is signed by the client or any party not represented by a licensee, or both. The prior disclosure must then be confirmed in a separate provision and must be maintained by the real estate broker in his or her files relating to that transaction.

Nev. Admin. Code § 645.637

Added to NAC by Real Estate Div., 11-8-88, eff. 7-1-89; A by Real Estate Comm'n, 12-27-89; R186-99, 1-21-2000; R111-01, 12-17-2001; R123-06, 6-1-2006; A by R060-20A, eff. 12/29/2020
NRS 645.050 and 645.190