Nev. Admin. Code § 645.180 - Cooperative certificate: Application
1. A real estate
broker who is licensed in another state and wishes to work in cooperation with
a Nevada real estate broker must apply to do so on a form provided by the
Division. The application must be accompanied by:
(a) A copy of his or her current license
issued in the other state;
(b) A
history of his or her employment for the past 10 years;
(c) Information identifying him or her and
the Nevada broker with whom the applicant wishes to cooperate;
(d) Information identifying the client whom
the applicant will be representing;
(e) Information identifying the real property
which will be the subject of the transaction conducted under the cooperative
certificate;
(f) A history of any
disciplinary, criminal or other legal proceeding involving the real estate
salesperson or broker-salesperson who will be working for the applicant under
the cooperative certificate;
(g) A
list of other cooperative agreements currently in effect with the Nevada
broker;
(h) A photograph of the
applicant;
(i) A copy of the
license of the real estate salesperson or broker-salesperson who will be
working for the applicant; and
(j)
A statement of consent by the Nevada broker to the cooperative
agreement.
2. The Nevada
broker and out-of-state broker must verify the truth of the contents of the
application.
3. The application
must be completed personally by the out-of-state broker, and no licensed Nevada
broker or employee of the Division may assist in the preparation of any part of
the application.
4. The required
fee must be paid at the time of filing. If the Administrator does not issue the
certificate as applied for, the fee will not be refunded.
5. The applicant must furnish proof
satisfactory to the Administrator that:
(a)
The applicant has a current active real estate broker's license or certificate
issued by another state or territory of the United States or the District of
Columbia;
(b) The jurisdiction
which issued the license or certificate is the jurisdiction in which his or her
principal place of business is located; and
(c) The applicant is in good standing with
the authority which issued the license or certificate.
6. A person who resides in this State and
holds a real estate license issued by another state is not eligible to hold a
cooperative certificate or act on behalf of a holder of a
certificate.
7. The Administrator
may require proof of the applicant's moral character. In determining that
character, the Administrator may consider:
(a)
The results of the Division's investigation of matters stated in the
application and other matters that have come to the attention of the Division
as a result of the investigation;
(b) Any history of arrest and conviction of
the applicant;
(c) The nature and
history of the business of the applicant; and
(d) Any past failure of the applicant to
comply with:
(1) Any requirement of chapter
113, 116, 119, 119A, 645, 645A, 645C or 645D of NRS or any other specific
statute that is applicable to real estate transactions;
(2) Any similar statutory or regulatory
requirement of another jurisdiction that is applicable to real estate
transactions; or
(3) Any order
imposing penalties that was issued by the licensing authority of another
jurisdiction and was in effect at the time the applicant applied for the
cooperative certificate.
Notes
NRS 645.190, 645.605
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