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NRS 645.035

“Real estate broker-salesperson” defined

Applied in 1 court decision — leading case Gaessler v. Sheriff (1979)

Most recently applied in Gaessler v. Sheriff (April 1979)

(Added to NRS by 1957, 337; A 1975, 793, 1541; 1977, 928; 1981, 1605; 1985, 312; 2005, 1286)

1. Within the meaning of this chapter, a “real estate broker-salesperson” is any person who holds a real estate broker’s license, or who has passed the real estate broker’s examination, but who, as an employee or as an independent contractor, for compensation or otherwise, is associated with:

(a) A licensed real estate broker in the capacity of a salesperson, to do or to deal in any act, acts or transactions included within the definition of a real estate broker in NRS 645.030; or

(b) A registered owner-developer in the capacity of a sales manager in accordance with NRS 645.283 and 645.289.

2. In this chapter, the term “real estate salesperson” includes “real estate broker-salesperson” when applicable.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.