489.7156 - Requirements for enforceability of brokerage agreement granting dealer exclusive right to assist, solicit or negotiate sale or exchange of interest in manufactured home, mobile home, manufa
489.7156 Requirements for enforceability of brokerage agreement granting dealer exclusive right to assist, solicit or negotiate sale or exchange of interest in manufactured home, mobile home, manufactured building or commercial coach or factory-built housing. A brokerage agreement that includes a provision that grants a dealer the exclusive right to assist, solicit or negotiate the sale or exchange of an interest in a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing on behalf of a client is enforceable if the agreement:
1. Is in writing;
2. Sets forth the date the brokerage agreement expires;
3. Does not require the client to perform any act concerning the brokerage agreement after the agreement expires; and
4. Is signed by the client or the client’s representative and the dealer or the dealer’s representative.
(Added to NRS by 1999, 859; A 2009, 1921)