Statutes > Nevada Statutes > TITLE 54 - PROFESSIONS, OCCUPATIONS AND BUSINESSES > Chapter 645 - Real Estate Brokers and Salespersons > REGULATION OF PRACTICES > 645.287 - Owner-developers: Regulations concerning qualifications; principal place of business and records.

645.287 - Owner-developers: Regulations concerning qualifications; principal place of business and records.

645.287  Owner-developers: Regulations concerning qualifications; principal place of business and records.

      1.  Regulations adopted by the Real Estate Commission shall not establish any educational qualification or require any examination of an owner-developer, but shall provide appropriate standards of good moral character and financial stability.

      2.  Each owner-developer shall maintain a principal place of business and keep there the records concerning salespersons employed by the owner-developer.

      (Added to NRS by 1975, 1639)