Nev. Rev. Stat. § 645.320

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 645.320 - Requirements for exclusive agency representation

Every brokerage agreement which includes a provision for an exclusive agency representation must:

1. Be in writing.
2. Have set forth in its terms a definite, specified and complete termination.
3. Contain no provision which requires the client who signs the brokerage agreement to notify the real estate broker of the client's intention to cancel the exclusive features of the brokerage agreement after the termination of the brokerage agreement.
4. Be signed by both the client or his or her authorized representative and the broker or his or her authorized representative in order to be enforceable.

NRS 645.320

[28.5:150:1947; added 1955, 18]-(NRS A 1995, 2075; 2003, 932)
[28.5:150:1947; added 1955, 18] - (NRS A 1995, 2075; 2003, 932)