645.035 - “Real estate broker-salesperson” defined.

645.035  “Real estate broker-salesperson” defined.

      1.  Within the meaning of this chapter, a “real estate broker-salesperson” is any person who holds a real estate broker’s license, or who has passed the real estate broker’s examination, but who, as an employee or as an independent contractor, for compensation or otherwise, is associated with:

      (a) A licensed real estate broker in the capacity of a salesperson, to do or to deal in any act, acts or transactions included within the definition of a real estate broker in NRS 645.030; or

      (b) A registered owner-developer in the capacity of a sales manager in accordance with NRS 645.283 and 645.289.

      2.  In this chapter, the term “real estate salesperson” includes “real estate broker-salesperson” when applicable.

      (Added to NRS by 1957, 337; A 1975, 793, 1541; 1977, 928; 1981, 1605; 1985, 312; 2005, 1286)