reglab/housing_qa huggingface dataset:
NV Rev Stat § 645.520 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.520 - Form and contents; limitation on association with or employment of broker-salesperson or salesperson.

  1. The Division shall issue to each licensee a license in such form and size as is prescribed by the Division.  2. Each license must:  (a) Show the name and address of the licensee, and in case of a real estate broker-salesperson’s or salesperson’s license show the name of the real estate broker with whom he or she will be associated.  (b) Have imprinted thereon the seal of the Division.  (c) Contain any additional matter prescribed by the Division.  3. No real estate broker-salesperson or salesperson may be associated with or employed by more than one broker or owner-developer at the same time.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1963, 673; 1975, 1549; 1979, 1546)
NV Rev Stat § 645.530 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.530 - Delivery; display; maintenance in place of business.

  1. The license of each real estate broker-salesperson or salesperson must be delivered or mailed to the real estate broker with whom the licensee is associated or to the owner-developer by whom the licensee is employed and must be kept in the custody and control of the broker or owner-developer.  2. Each real estate broker shall:  (a) Display his or her license conspicuously in the broker’s place of business. If a real estate broker maintains more than one place of business within the State, an additional license must be issued to the broker for each branch office so maintained by the broker, and the additional license must be displayed conspicuously in each branch office.  (b) Maintain in his or her place of business the licenses of all real estate broker-salespersons and salespersons associated with him or her therein or in connection therewith. The licenses must be kept in a secure manner and, upon request, made available for inspection by the public and the Division during usual business hours.  3. Each owner-developer shall maintain in his or her place of business the license of each real estate broker-salesperson and salesperson employed by him or her. The licenses must be kept in a secure manner and, upon request, made available for inspection by the public and the Division during usual business hours.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1975, 1549, 1641; 1979, 1546; 1981, 1034; 2019, 2778)
NV Rev Stat § 645.550 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.550 - Broker to maintain place of business; business must be done from location designated in license; licensing of broker or owner-developer by county, city or town.

  1. Every real estate broker shall have and maintain a definite place of business within the State, which must be a room or rooms used for the transaction of real estate business, or such business and any allied businesses, and which must serve as the office for the transaction of business under the authority of the license, and where the license must be prominently displayed.  2. The place of business must be specified in the application for license and designated in the license.  3. No license authorizes the licensee to transact business from any office other than that designated in the license.  4. Each city, town or county may require a license for revenue purposes for a licensed real estate broker or owner-developer who maintains an office within the city or town, or within the county outside the cities and towns of the county, respectively.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1969, 893; 1973, 84; 1979, 1547)
NV Rev Stat § 645.560 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.560 - Broker: Erection, maintenance, size and placement of signs.

  1. Each licensed real estate broker shall erect and maintain a sign in a conspicuous place upon the premises of his or her place of business. The name of the broker or the name under which the broker conducts his or her business set forth in the license must be clearly shown thereon.  2. The size and place of the sign must conform to regulations adopted by the Commission.  3. Similar signs must also be erected and maintained in a conspicuous place at all branch offices.  [18:150:1947; 1943 NCL § 6396.18] — (NRS A 1979, 1547; 1989, 1610)
NV Rev Stat § 645.570 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.570 - Notice of change of name, location of business or association; requirements for transfer of association; effect of failure to give notice.

  1. Notice in writing must be given by the broker or a corporate officer to the Division within 10 days of any change of name or business location of any licensee or of a change of association of any broker-salesperson or salesperson licensee. Upon the surrender of the license previously issued and the payment of the fee required by law the Division shall issue the license for the unexpired term.  2. Upon the transfer of association of any broker-salesperson or salesperson licensee, application accompanied by the fee required by law must be made to the Division for the reissuance of the license to the broker-salesperson or salesperson for the unexpired term. Such a transfer may only be into an association with a licensed broker or registered owner-developer who must certify to the honesty, truthfulness and good reputation of the transferee.  3. Failure to give notice as required by this section constitutes cause for the revocation of any outstanding license or involuntary inactivation of the license.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1963, 673; 1975, 1550, 1641; 1979, 1547; 1983, 166)
NV Rev Stat § 645.577 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.577 - Placement of license on inactive status; reinstatement.

  1. The Division may place a license on inactive status for any of the following reasons:  (a) At the request of the licensee.  (b) If a broker’s license or a corporate officer’s license, for failure to immediately notify the Division in writing of any change in the name of the licensee’s firm or its business location.  (c) If a broker-salesperson’s license or a salesperson’s license, for failure to notify the Division of a change in the broker or owner-developer with whom the licensee will be associated within 30 days after the licensee’s previous association was terminated.  (d) For failure to apply and pay the fee for renewal before the license expired.  (e) If inactivated upon the placing of the broker under whose supervision the licensee worked in an inactive status.  (f) As a result of a formal disciplinary proceeding.  2. Any licensee whose license has been placed on inactive status may not engage in the business of a real estate broker, broker-salesperson or salesperson until the licensee has met all of the requirements for reinstatement of his or her license to active status.  (Added to NRS by 1979, 1532; A 1985, 1267)
NV Rev Stat § 645.580 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.580 - Termination of association or employment of broker-salesperson or salesperson; duties of broker or owner-developer and broker-salesperson or salesperson; transfer of license or new license.

  1. When any real estate broker-salesperson or salesperson terminates, for any reason, his or her association with the real estate broker with whom he or she was associated, or his or her employment with the owner-developer by whom he or she was employed, the real estate broker or owner-developer shall:  (a) Deliver or mail by certified mail to the Division the real estate broker-salesperson’s or salesperson’s license, together with a written statement of the circumstances surrounding the termination of the association or the employment, within 10 days after the termination occurs.  (b) At the time of delivering or mailing the license to the Division, address a communication to the last known residence address of the broker-salesperson or salesperson, advising him or her that the license has been delivered or mailed to the Division. A copy of the communication must accompany the license when delivered or mailed to the Division.  2. A broker-salesperson or salesperson must, within 30 days after termination of that association, become associated with or employed by another broker or owner-developer or request that the license be placed on inactive status.  3. It is unlawful for any real estate salesperson to perform any of the acts contemplated by this chapter, either directly or indirectly, under authority of the license on or after the date of receipt of the license from the broker or owner-developer by the Division and until the license is transferred or reissued or a new license is issued.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1963, 674; 1969, 95; 1975, 1550, 1641; 1979, 1548; 1981, 1034; 1989, 1611)
NV Rev Stat § 645.590 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.590 - Termination of association by broker with limited-liability company, partnership or corporation; new license.

If any real estate broker licensed pursuant to the provisions of this chapter as a manager of a limited-liability company, member of a partnership, or as an officer of a corporation, discontinues his or her connections with the limited-liability company, partnership or corporation, and thereafter desires to act as an individual real estate broker, or become associated with any other limited-liability company, partnership or corporation, the broker must file an application and pay a transfer fee of $20 for a new license as an individual broker, as the manager of the new limited-liability company, or as a member of the new partnership or association, or as an officer of the new corporation. The payment of such a fee does not extend or otherwise alter the original license period.  [Part 17:150:1947; A 1949, 433; 1955, 77] — (NRS A 1973, 1103; 1985, 1268; 1997, 169)
NV Rev Stat § 645.600 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.600 - Inactive status for period of military service; reinstatement.

  1. Any licensee under the provisions of this chapter who shall be called into the military service of the United States shall, at his or her request, be relieved from compliance with the provisions of this chapter and placed on inactive status for the period of such military service and for a period of 6 months after discharge therefrom.  2. At any time within 6 months after termination of such service, providing the provisions of subsection 1 are complied with, the licensee may be reinstated, without examination, to active status in the appropriate classification which the licensee left upon entry into the military service, without having to meet any qualification or requirement other than the payment of the reinstatement fee, as provided in NRS 645.830, and the licensee shall not be required to make payment of the license fee for the current year.  3. Any licensee seeking to qualify for reinstatement, as provided in subsections 1 and 2, shall present a certified copy of his or her honorable discharge or certificate of satisfactory service to the Real Estate Division.  [33.5:150:1947; added 1955, 18] — (NRS A 1963, 674)
NV Rev Stat § 645.605 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.605 - Certificate authorizing out-of-state licensed broker to cooperate with broker in Nevada: Issuance; fee; regulations.

The Administrator shall have authority to issue certificates authorizing out-of-state licensed brokers to cooperate with Nevada brokers, and the Commission shall have authority to promulgate rules and regulations establishing the conditions under which such certificates shall be issued and cancelled, all subject to the provisions and penalties of this chapter. The Real Estate Division shall charge a fee for the issuance of such certificate as provided in NRS 645.830.  (Added to NRS by 1965, 1407)
NV Rev Stat § 645.6051 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6051 - Broker to maintain record of work performed on residential property; contents of record.

  1. A person licensed pursuant to this chapter as a real estate broker, real estate broker-salesperson or real estate salesperson shall maintain a record of all work performed on a residential property that the person assists a client in scheduling pursuant to subsection 12 of NRS 624.031.  2. The record required by subsection 1 must include, without limitation:  (a) The name of any person licensed pursuant to chapter 624 of NRS who performs such work;  (b) The date on which the work was performed;  (c) A copy of any written contract to perform the work; and  (d) A copy of any invoice prepared in connection with the work.  3. As used in this section, "residential property" has the meaning ascribed to it in NRS 624.031.  (Added to NRS by 2013, 580; A 2017, 3965)
NV Rev Stat § 645.6052 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6052 - Permit to engage in property management: Persons eligible; requirements; instruction; expiration; renewal; regulations.

  1. A person who is licensed pursuant to this chapter as a real estate broker, real estate broker-salesperson or real estate salesperson may apply to the Real Estate Division for a permit to engage in property management.  2. An applicant for a permit must:  (a) Furnish proof satisfactory to the Division that the applicant has successfully completed at least 24 classroom hours of instruction in property management; and  (b) Comply with all other requirements established by the Commission for the issuance of a permit.  3. A permit expires, and may be renewed, at the same time as the license of the holder of the permit.  4. An applicant for the renewal of a permit must:  (a) Furnish proof satisfactory to the Division that the applicant has successfully completed at least 3 of the hours of the continuing education required for the renewal of his or her license pursuant to the regulations adopted by the Commission pursuant to NRS 645.575 in an approved educational course, seminar or conference concerning property management; and  (b) Comply with all other requirements established by the Commission for the renewal of a permit.  5. The Commission may adopt such regulations as it determines are necessary to carry out the provisions of this section. The regulations may, without limitation:  (a) Establish additional requirements for the issuance or renewal of a permit.  (b) Establish fees for the issuance and renewal of a permit and fees to pay the costs of:  (1) Any examination for a permit, including any costs which are necessary for the administration of such an examination.  (2) Any investigation of an applicant’s background.  (c) Set forth standards of education for the approval of a course of instruction to qualify an applicant for a permit.  (Added to NRS by 1997, 954; A 2003, 1292; 2007, 1542)
NV Rev Stat § 645.6054 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6054 - Permit to engage in property management: Requirements for certain organizations.

  1. To engage in the business of property management in this State:  (a) A partnership shall designate one of its members;  (b) A corporation shall designate one of its officers or employees;  (c) A limited-liability company shall designate its manager; and  (d) A broker who conducts business as a sole proprietor shall designate a person who is licensed under the broker,  to submit an application for a permit to engage in property management. The partnership, corporation, limited-liability company or sole proprietor shall not engage in the business of property management unless the person so designated has been issued a permit to engage in property management by the Real Estate Division.  2. If the person designated to apply for a permit pursuant to subsection 1 meets the qualifications for a permit set forth in NRS 645.6052, the Division shall issue to that person a permit to engage in property management on behalf of the partnership, corporation, limited-liability company or sole proprietor, and thereupon the person may perform all the acts of a property manager contemplated by this chapter.  3. A person to whom a permit has been issued pursuant to this section may act as a property manager pursuant to the permit only on behalf of the partnership, corporation, limited-liability company or sole proprietor, and not on his or her own behalf. If that person ceases to be connected or associated with the partnership, corporation, limited-liability company or sole proprietor, the partnership, corporation, limited-liability company or sole proprietor shall designate another person who meets the qualifications for a permit set forth in NRS 645.6052 to hold the permit on behalf of the partnership, corporation, limited-liability company or sole proprietor.  4. Any member, officer or employee of a partnership, corporation or limited-liability company, other than the person designated as the property manager pursuant to subsection 1, who wishes to engage in the business of property management must apply in his or her own name individually for a separate permit to engage in property management. Pursuant to such a permit, the member, officer or employee of a partnership, corporation or limited-liability company may act as a property manager only as an officer or agent of the partnership, corporation or limited-liability company, and not on his or her own behalf.  (Added to NRS by 1997, 955)
NV Rev Stat § 645.6055 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6055 - Designated property managers: Requirements; qualifications; duties.

  1. If a real estate broker does not hold a permit to engage in property management but intends to have property management activities conducted at an office, the real estate broker must:  (a) Appoint a person, who has the qualifications required by this section, as the designated property manager for the office to supervise the property management activities conducted at the office; and  (b) Submit notice of the appointment to the Division.  2. The designated property manager for an office must be a natural person who:  (a) Holds a license as a real estate broker or real estate broker-salesperson;  (b) Holds a permit to engage in property management; and  (c) Has 2 years active experience, within the 4 years immediately preceding the date of the appointment, in conducting property management activities in the United States as a licensed real estate broker, real estate broker-salesperson or real estate salesperson.  3. While acting as the designated property manager for an office, the person:  (a) Must comply with the provisions of NRS 645.6052 to 645.6058, inclusive, and all other applicable provisions of this chapter; and  (b) Is subject to all the remedies and penalties provided for in this chapter.  (Added to NRS by 2003, 1287)
NV Rev Stat § 645.6056 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6056 - Property management agreements: Requirements; contents.

  1. A real estate broker who holds a permit to engage in property management shall not act as a property manager unless the broker has first obtained a property management agreement signed by the broker and the client for whom the broker will manage the property.  2. A property management agreement must include, without limitation:  (a) The term of the agreement and, if the agreement is subject to renewal, provisions clearly setting forth the circumstances under which the agreement may be renewed and the term of each such renewal;  (b) A provision for the retention and disposition of deposits of the tenants of the property during the term of the agreement and, if the agreement is subject to renewal, during the term of each such renewal;  (c) The fee or compensation to be paid to the broker;  (d) The extent to which the broker may act as the agent of the client;  (e) If the agreement is subject to cancellation, provisions clearly setting forth the circumstances under which the agreement may be cancelled. The agreement may authorize the broker or the client, or both, to cancel the agreement with cause or without cause, or both, under the circumstances set forth in the agreement; and  (f) If the broker intends to provide asset management services for the client, a provision indicating the extent to which the broker will provide those services. As used in this paragraph, "client" has the meaning ascribed to it in NRS 645H.060.  (Added to NRS by 1997, 955; A 2003, 932; 2011, 2832)
NV Rev Stat § 645.6058 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.6058 - Disposition of fees, penalties and fines received by Division; delegation of authority of Division to hearing officer or panel.

  1. Except as otherwise provided in subsection 3, all fees, penalties and fines received by the Division pursuant to the provisions of NRS 645.6052 to 645.6058, inclusive, must be deposited with the State Treasurer for credit to the Division. The money must be used by the Division for the administration of the provisions of NRS 645.6052 to 645.6058, inclusive.  2. The Division may delegate to a hearing officer or panel its authority to take any disciplinary action against property managers, impose and collect fines pursuant to the disciplinary action and deposit the money with the State Treasurer for credit to the Division.  3. If a hearing officer or panel is not authorized to take disciplinary action pursuant to subsection 2, the Division shall deposit the money collected from the imposition of penalties and fines collected from property managers with the State Treasurer for credit to the State General Fund. The Division may present a claim to the State Board of Examiners for recommendation to the Interim Finance Committee if money is needed to pay an attorney’s fee or the costs of an investigation, or both.  (Added to NRS by 1997, 956; A 2003, 1293)
NV Rev Stat § 645.610 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.610 - Investigation of actions of licensees and other persons.

The Administrator may investigate the actions of any real estate broker, broker-salesperson, salesperson, owner-developer or any person who acts in any such capacity within this State.  [Part 20:150:1947; 1943 NCL § 6396.20] — (NRS A 1963, 675; 1975, 1551; 1979, 1548)
NV Rev Stat § 645.615 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.615 - Duty to report certain convictions and pleas to Division.

  1. A licensee, property manager or owner-developer shall notify the Division in writing if he or she is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo contendere to:  (a) A felony relating to the practice of the licensee, property manager or owner-developer; or  (b) Any crime involving fraud, deceit, misrepresentation or moral turpitude.  2. A licensee, property manager or owner-developer shall submit the notification required by subsection 1:  (a) Not more than 10 days after the conviction or entry of the plea of guilty, guilty but mentally ill or nolo contendere; and  (b) When submitting an application to renew a license, permit or registration issued pursuant to this chapter.  (Added to NRS by 2007, 1539) — (Substituted in revision for NRS 645.995)