Owner-developers: Employment of licensed salespersons; association with qualified sales manager; registration.

Nev. Rev. Stat. § 645.283
in effect
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1. Except as otherwise provided in subsection 2, an owner-developer who is registered with the Real Estate Division may employ one or more licensed real estate salespersons to sell any single-family residence, owned by the owner-developer and not previously sold, which is within the area covered by his or her current registration. 2. An owner-developer may not employ a licensed real estate salesperson pursuant to subsection 1 unless a licensed real estate broker-salesperson who is qualified pursuant to NRS 645.289 is associated with the owner-developer as a sales manager to oversee the activities of the real estate salesperson. 3. The area covered by an owner-developer’s registration may be enlarged from time to time upon application and payment of the required fee. 4. Registration may be kept in force by annual renewal.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645.htmlFetched: 10/4/2026

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