Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 645.0045 - "Agency" defined1. "Agency" means a relationship between a principal and an agent arising out of a brokerage agreement or property management agreement whereby the agent is engaged to do certain acts on behalf of the principal in dealings with a third party.2. The term does not include a relationship arising solely from negotiations or communications with a client of another broker with the written permission of the broker in accordance with the provisions of subsection 2 of NRS 645.635.Added to NRS by 2007, 1787; A 2023, 3483Amended by 2023, Ch. 527,§19, eff. 10/1/2023.Added to NRS by 2007, 1787