Nev. Admin. Code § 645.175 - Licensing of branch offices

1. The real estate broker to whom the license is issued is responsible for all branch offices operated by the real estate broker.

2. A license for a branch office may only be issued in the name in which the real estate broker is licensed to conduct business at his or her main office.

3. A supervisor of a branch office may not manage more than one branch office.

4. A branch office is not required to establish a trust account, but if one is established, one of the signatures required on the account must be that of the supervisor of the branch office.

Notes

Nev. Admin. Code § 645.175

Real Estate Adv. Comm'n, § VI subsecs. 9-12 & 14, eff. 12-20-75-NAC A by Real Estate Comm'n by R111-01, 12-17-2001

NRS 645.050, 645.190, 645.530