Nev. Admin. Code § 645.750 - Limitations on licensees

1. A licensee associated with an owner-developer may only sell, lease, rent, or offer and negotiate to sell, lease or rent the registered development for an owner-developer, and may not engage in any other activity listed in NRS 645.030.

2. A licensee employed by an owner-developer may not be associated with a real estate broker at the same time.

3. Real estate brokers working for owner-developers must change their status to real estate broker-salespersons.

4. An employee of an owner-developer is prohibited from erecting, displaying or maintaining any sign or billboard or advertising under his or her own name unless the advertisement is located at the office of his or her employer. The name of the employee may not dominate the owner-developer's sign in any way.

Notes

Nev. Admin. Code § 645.750

Real Estate Adv. Comm'n, § XVI subsecs. h, i, m & t, eff. 10-31-75; § XVI subsec. t, eff. 12-20-75-NAC A by Real Estate Comm'n, 8-21-81; A by Real Estate Div., 11-30-87; 3-31-94; A by Real Estate Comm'n by R111-01, 12-17-2001; A by R060-20A, eff. 12/29/2020

NRS 645.050, 645.190 and 645.330