reglab/housing_qa huggingface dataset:
NV Rev Stat § 645.8765 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8765 - Requirements for broker to enforce claim: Written notice to owner and escrow agent; effect of failure to provide notice; exceptions.

  1. Except as otherwise provided in subsection 3, if a real estate broker wishes to enforce a claim pursuant to the provisions of NRS 645.8701 to 645.8811, inclusive, the real estate broker shall, within 7 days after a commission is earned by the real estate broker pursuant to a brokerage agreement, provide a written notice of the claim to:  (a) The owner of the commercial real estate specified in the brokerage agreement; and  (b) The escrow agent closing the transaction for the commercial real estate.  2. A real estate broker who fails to provide a notice of a claim within the period specified in subsection 1 may not enforce the claim pursuant to the provisions of NRS 645.8701 to 645.8811, inclusive.  3. A real estate broker is not required to provide a written notice of a claim to an escrow agent pursuant to this section if the identity of the escrow agent is unknown to the real estate agent at the time the notice is provided by the real estate broker to the owner pursuant to paragraph (a) of subsection 1.  (Added to NRS by 1999, 1176)
NV Rev Stat § 645.8771 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8771 - Requirements for broker to enforce claim: Information required in notice; verification by oath; acknowledgment.

  1. A notice of claim specified in NRS 645.8765 must include:  (a) The name of the owner of the commercial real estate;  (b) The name of the person who executed the brokerage agreement, if other than the owner;  (c) The name, business name, if any, and the license number of the real estate broker;  (d) The amount claimed by the real estate broker;  (e) A detailed description of the commercial real estate; and  (f) A copy of the brokerage agreement pursuant to which the real estate broker claims a commission.  2. The notice must:  (a) Be verified by the oath of the real estate broker who provides the notice; and  (b) Include an acknowledgment by the real estate broker.  (Added to NRS by 1999, 1176)
NV Rev Stat § 645.8775 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8775 - Duty of owner to confirm or deny claim; effect of confirming claim; effect of denying claim or failing to respond; recording of claim by broker.

  1. If an owner is served with a notice of a claim pursuant to NRS 645.8765, the owner shall, within 5 days after service of the notice but not later than 7 days before the disposition of the commercial real estate:  (a) Confirm or deny the claim set forth in the notice; and  (b) Notify, in writing, the real estate broker who provided the notice to the owner.  2. If the owner confirms the claim and notifies the real estate broker of that fact pursuant to subsection 1, the owner may instruct the escrow agent for the commercial real estate to pay to the real estate broker the amount claimed by the real estate broker in the notice of the claim.  3. If the owner fails to notify the real estate broker within the period specified in subsection 1 or notifies the real estate broker that the owner denies the claim, the real estate broker may record the notice of the claim in the office of the county recorder where the commercial real estate or any portion of the commercial real estate is located.  (Added to NRS by 1999, 1176)
NV Rev Stat § 645.8781 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8781 - Duties of escrow agent upon notice of claim.

  1. Except as otherwise provided in this subsection, if:  (a) An escrow agent receives a notice of a claim pursuant to NRS 645.8765;  (b) A notice of claim is recorded pursuant to NRS 645.8775; or  (c) An escrow agent has actual notice of a claim specified in paragraph (b),  the escrow agent shall reserve from the owner’s net proceeds an amount that is equal to the amount claimed by the real estate broker in his or her recorded claim. If the amount of the owner’s net proceeds is insufficient to satisfy the amount of the claim, the escrow agent shall reserve the entire amount of the owner’s net proceeds. In determining whether the amount of the owner’s net proceeds is insufficient to satisfy the amount of the claim, the escrow agent may consider any encumbrance, claim or lien that has priority over the claim of the real estate broker pursuant to NRS 645.8795.  2. If the escrow agent determines that the amount of the owner’s net proceeds is insufficient to satisfy the amount of the claim, the escrow agent:  (a) Shall, within 3 days after making that determination but not later than the close of escrow, notify the real estate broker of that fact in writing; and  (b) Shall not release to the owner any portion of the owner’s net proceeds unless the escrow agent receives a copy of the written agreement executed by the owner and the real estate broker authorizing the escrow agent to release those proceeds to the owner.  3. Except as otherwise provided in paragraph (b) of subsection 2 and NRS 645.8791, if an owner’s net proceeds or any portion of an owner’s net proceeds are reserved pursuant to this section, the escrow agent who reserves those proceeds shall not release the proceeds to any person until the rights of the owner and the real estate broker are determined pursuant to NRS 645.8791.  4. A reservation of an owner’s net proceeds or any portion of an owner’s net proceeds pursuant to this section does not relieve the owner of the obligation to close escrow for the commercial real estate.  (Added to NRS by 1999, 1177)
NV Rev Stat § 645.8785 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8785 - Deposit of proceeds with district court; discharge of escrow agent from further liability concerning proceeds.

  1. If:  (a) A notice of a claim is recorded pursuant to NRS 645.8775;  (b) An escrow agent has reserved an owner’s net proceeds or any portion of an owner’s net proceeds pursuant to NRS 645.8781; and  (c) Escrow for the disposition of the commercial real estate has closed,  the escrow agent may, in accordance with the provisions of NRS 645A.177, deposit with the district court of the county where the claim is recorded the amount of the owner’s net proceeds reserved by him or her pursuant to NRS 645.8781.  2. If an escrow agent deposits an owner’s net proceeds with a district court pursuant to subsection 1, the escrow agent is discharged from any further liability concerning those proceeds.  (Added to NRS by 1999, 1177)
NV Rev Stat § 645.8795 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8795 - Priority of recorded claim.

  1. Except as otherwise provided in subsection 2, a claim that is recorded pursuant to the provisions of NRS 645.8775 has priority over any other encumbrance, claim or lien, if the claim of the real estate broker is recorded before the encumbrance, claim or lien.  2. The provisions of subsection 1 do not apply to a lien recorded pursuant to the provisions of NRS 108.221 to 108.246, inclusive.  (Added to NRS by 1999, 1179)
NV Rev Stat § 645.8801 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8801 - Release of recorded claim.

If a real estate broker records a claim pursuant to the provisions of NRS 645.8775 and that claim is paid or otherwise satisfied pursuant to that section, the real estate broker shall, within 3 days after the claim is paid or otherwise satisfied, record a written release of that claim. The release must be recorded in the office of the county recorder where the claim was recorded.  (Added to NRS by 1999, 1179)
NV Rev Stat § 645.8805 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8805 - Service of notice.

Any notice that is required to be served pursuant to the provisions of NRS 645.8701 to 645.8811, inclusive, must be served in the manner provided in NRS 108.227.  (Added to NRS by 1999, 1179)
NV Rev Stat § 645.8811 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.8811 - Escrow agents: Immunity; collection of fees for services.

An escrow agent:  1. Is not liable in any civil action for any action taken to comply with the provisions of NRS 645.8701 to 645.8811, inclusive.  2. May charge and collect a fee from an owner or real estate broker for any services provided by the escrow agent to the owner or real estate broker pursuant to NRS 645.8701 to 645.8811, inclusive.  (Added to NRS by 1999, 1179)
NV Rev Stat § 645.990 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.990 - Unlawful acts; penalties.

  1. A person who:  (a) Obtains or attempts to obtain a license pursuant to this chapter by means of intentional misrepresentation, deceit or fraud; or  (b) Sells or attempts to sell in this State any interest in real property by means of intentional misrepresentation, deceit or fraud,  is guilty of a category D felony and shall be punished as provided in NRS 193.130. In addition to any other penalty, the court shall order the person to pay restitution.  2. Any licensee, permittee or owner-developer who commits an act described in NRS 645.630, 645.633 or 645.635 shall be punished by a fine of not more than $5,000 for each offense.  3. A person who violates any other provision of this chapter, if a natural person, is guilty of a gross misdemeanor, and if a limited-liability company, partnership, association or corporation, shall be punished by a fine of not more than $2,500.  4. Any officer or agent of a corporation, or member or agent of a limited-liability company, partnership or association, who personally participates in or is an accessory to any violation of this chapter by the limited-liability company, partnership, association or corporation, is subject to the penalties prescribed in this section for natural persons.  5. The provisions of this section do not release a person from civil liability or criminal prosecution pursuant to the general laws of this State.  6. The Administrator may prefer a complaint for violation of NRS 645.230 before any court of competent jurisdiction and may take the necessary legal steps through the proper legal officers of this State to enforce the provisions thereof.  7. Any court of competent jurisdiction may try any violation of this chapter, and upon conviction, the court may revoke or suspend the license of the person so convicted, in addition to imposing the other penalties provided in this section.  [29:150:1947; 1943 NCL § 6396.29] — (NRS A 1963, 678; 1967, 644; 1979, 1557; 1981, 1330; 1983, 223; 1985, 1278; 1993, 891; 1995, 1312; 1997, 171; 2001, 524; 2003, 3465)
NV Rev Stat § 645.993 (2021)
2021 Nevada Revised Statutes|Chapter 645 - Real Estate Brokers and Salespersons|NRS 645.993 - Unlawful to file documents that are false or contain willful, material misstatement of fact; penalty.

  1. It is unlawful for any person to file with the Administrator, the Division or the Commission any notice, statement, complaint or other document required under the provisions of this chapter which is false or which contains any willful, material misstatement of fact.  2. A person who violates any provision of this section is guilty of a gross misdemeanor.  (Added to NRS by 2003, 1289)
NV Rev Stat § 645A.010 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.010 - Definitions.

As used in this chapter, unless the context otherwise requires:  1. "Business of administering escrows" or "administering escrows" means the process of managing, conducting or supervising an escrow or escrow-related transaction as an escrow agent or escrow agency.  2. "Client" means a person that has engaged an escrow agent or escrow agency to administer an escrow related to a transaction.  3. "Commissioner" means the Commissioner of Mortgage Lending.  4. "Construction control" has the meaning ascribed to it in NRS 627.050.  5. "Control person" means an executive officer, director, general partner, trustee, member or shareholder of an applicant or a licensee, or a person, who has the authority to participate in the direction, directly or indirectly through one or more other persons, of the management or policies of an applicant or a licensee.  6. "Division" means the Division of Mortgage Lending of the Department of Business and Industry.  7. "Escrow" means any transaction wherein one person, for the purpose of effecting or closing the sale, purchase, exchange, transfer, encumbering or leasing of real or personal property to another person or persons, delivers any written instrument, money, evidence of title to real or personal property, or other thing of value to a third person to be held by such third person until the happening of a specified event or the performance of a prescribed condition, when it is then to be delivered by such third person, in compliance with instructions under which he or she is to act, to a grantee, grantor, promisee, promisor, obligee, obligor, lessee, lessor, bailee, bailor or any agent or employee thereof. The term includes the performance of the services of a construction control.  8. "Escrow agency" means:  (a) Any person who employs one or more escrow agents; or  (b) An escrow agent who administers escrows on his or her own behalf.  9. "Escrow agent" means any natural person employed by and associated with an escrow agency engaged in the business of administering escrows for compensation.  10. "Registry" has the meaning ascribed to it in NRS 645B.0128.  (Added to NRS by 1973, 1305; A 1985, 536, 1809; 1991, 1847; 1993, 1891; 2003, 3539; 2011, 3596; 2015, 2790)
NV Rev Stat § 645A.013 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.013 - Inapplicability of chapter to participant in Regulatory Experimentation Program for Product Innovation; exceptions. [Effective January 1, 2020.]

Except as otherwise required by the Director of the Department of Business and Industry pursuant to NRS 657A.430 or 657A.620, the provisions of this chapter do not apply to a participant in the Regulatory Experimentation Program for Product Innovation established and administered pursuant to chapter 657A of NRS.  (Added to NRS by 2019, 3995, effective January 1, 2020)
NV Rev Stat § 645A.015 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.015 - Unlawful to engage in business of administering escrows or act in capacity of escrow agent or escrow agency without license; exceptions.

  1. Except as otherwise provided in subsection 2, it shall be unlawful for any person to engage in or carry on, or hold himself or herself out as engaging in or carrying on, the business of administering escrows or to act in the capacity of an escrow agent or escrow agency within this State or with respect to any transaction involving real or personal property located in this State without first obtaining a license as an escrow agent or escrow agency issued by the Commissioner pursuant to the requirements of this chapter.  2. The licensing requirements of this chapter do not apply to:  (a) Any person doing business under the laws of this State or the United States relating to banks, mutual savings banks, trust companies, savings and loan associations, savings banks, common and consumer finance companies or industrial loan companies;  (b) Any person licensed pursuant to chapter 692A of NRS;  (c) Any person licensed to practice law in this State if:  (1) The escrow transaction is performed by the attorney while engaged in the practice of law, or by employees of the law firm under the direct supervision of the attorney while engaged in the practice of law;  (2) The escrow transaction is performed under the name of a person or entity identified and operated as a law firm; and  (3) Any money provided to the attorney related to the escrow, other than money designated for attorney’s fees and costs, is deposited into, maintained within and disbursed from a client trust account that complies with rules of this State governing the conduct of attorneys;  (d) Any firm or corporation which lends money on real or personal property and is subject to licensing, supervision or auditing by an agency of the United States or of this State; or  (e) Any person doing any act under order of any court.  3. As used in this section, "law firm" has the meaning ascribed to it in NRS 38.435.  (Added to NRS by 1973, 1312; A 1985, 1818; 1987, 1314; 2015, 2791)
NV Rev Stat § 645A.021 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.021 - Application: Educational prerequisites; regulations.

  1. In addition to any other requirement, an applicant for an original license as an escrow agent or agency must furnish proof satisfactory to the Commissioner of the successful completion of a course of instruction in the principles, practices, procedures, law and ethics of escrows, which course may be an extension or correspondence course offered by the Nevada System of Higher Education, by any other accredited college or university or by any other college or school approved by the Commissioner.  2. An applicant for a license as an escrow agent or agency pursuant to NRS 645A.020 must meet the educational prerequisites required pursuant to this section not later than the date on which his or her application is received by the Office of the Commissioner.  3. The Commissioner shall adopt regulations setting forth standards for the educational prerequisites required pursuant to this section. The regulations must address standards for instructors, the scope and content of the instruction, required hours of instruction and such other criteria as the Commissioner considers necessary.  (Added to NRS by 2009, 1552)
NV Rev Stat § 645A.025 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.025 - Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

  1. In addition to any other requirements set forth in this chapter:  (a) A natural person who applies for the issuance of a license as an escrow agent or escrow agency shall include the social security number of the applicant in the application submitted to the Commissioner.  (b) A natural person who applies for the issuance or renewal of a license as an escrow agent or escrow agency shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed and signed by the applicant.  2. The Commissioner shall include the statement required pursuant to subsection 1 in:  (a) The application or any other forms that must be submitted for the issuance or renewal of the license; or  (b) A separate form prescribed by the Commissioner.  3. A license as an escrow agent or escrow agency may not be issued or renewed by the Commissioner if the applicant is a natural person who:  (a) Fails to submit the statement required pursuant to subsection 1; or  (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.  4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.  (Added to NRS by 1997, 2168; A 2005, 2779, 2807)
NV Rev Stat § 645A.025 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.025 - Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings and expires by limitation 2 years after that date.]

  1. In addition to any other requirements set forth in this chapter, a natural person who applies for the issuance or renewal of a license as an escrow agent or escrow agency shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed and signed by the applicant.  2. The Commissioner shall include the statement required pursuant to subsection 1 in:  (a) The application or any other forms that must be submitted for the issuance or renewal of the license; or  (b) A separate form prescribed by the Commissioner.  3. A license as an escrow agent or escrow agency may not be issued or renewed by the Commissioner if the applicant is a natural person who:  (a) Fails to submit the statement required pursuant to subsection 1; or  (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.  4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.  (Added to NRS by 1997, 2168; A 2005, 2779, 2780, 2807, effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings)
NV Rev Stat § 645A.032 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.032 - Contents of license; escrow agent may associate with and be employed by only one escrow agency at same time.

  1. The Division shall issue to each licensee a license which:  (a) Shows the name and address of the licensee, and in the case of an escrow agent, the name of the licensed escrow agency with whom the escrow agent will be employed and associated; and  (b) Contains any additional information prescribed by the Commissioner.  2. No escrow agent may be associated with and employed by more than one escrow agency at the same time.  (Added to NRS by 1985, 1807; A 2015, 2794)