Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter645 Real Estate Brokers and Salespersons |
STANDARDS OF PRACTICE |
NAC645.695. Administrative fines and other sanctions.
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1. The Administrator may require a licensee to pay an administrative fine in the amount set forth in this subsection for each violation of the following provisions:
For each
Offense
NRS 645.252........................................................................................
$500
Subsection 4, 5 or 6 of NRS 645.310...................................................
1,000
NRS 645.530........................................................................................
100 per license
NRS 645.550........................................................................................
500
NRS 645.560........................................................................................
500
Subsection 1 of NRS 645.570..............................................................
250
Subsection 2 of NRS 645.570..............................................................
500
Subsection 1 of NRS 645.580..............................................................
250
Paragraph (a), (b), (c), (e), (f), (i), (j), (k) or (l) of subsection 1 of NRS 645.630............................................................................................
500
Paragraph (g) of subsection 1 of NRS 645.630....................................
1,000
Paragraph (c), (e), (g), (h), (j), (k) or (l) of subsection 1 of NRS 645.633............................................................................................
500
Paragraph (a) or (f) of subsection 1 of NRS 645.633...........................
250
Paragraph (i) of subsection 1 of NRS 645.633.....................................
1,000
Subsection 1, 2, 3, 4, 5 or 6 of NRS 645.635.......................................
500
Subsection 7 or 8 of NRS 645.635.......................................................
1,000
Subsection 3 of NRS 645.660..............................................................
1,000
NAC 645.4442.....................................................................................
100
NAC 645.448.......................................................................................
100
NAC 645.610.......................................................................................
500
NAC 645.620.......................................................................................
500
NAC 645.627.......................................................................................
500
NAC 645.632.......................................................................................
500
NAC 645.637.......................................................................................
500
NAC 645.640.......................................................................................
500
NAC 645.645.......................................................................................
500
NAC 645.650.......................................................................................
1,000
NAC 645.655.......................................................................................
1,000
NAC 645.855.......................................................................................
2,000
2. In addition to or in lieu of imposing an administrative fine pursuant to subsection 1, the Administrator may:
(a) Recommend to the Commission that the license of the licensee and any permit of the licensee be suspended or revoked;
(b) Require a licensee to complete continuing education; or
(c) Take any combination of the actions set forth in paragraphs (a) and (b).
(Added to NAC by Real Estate Comm’n., eff. 5-14-96; A by R059-98, 7-1-98; R146-99 & R186-99, 1-21-2000; R092-00, 8-29-2000; R111-01, 12-17-2001; R031-04, 11-30-2004; R123-06, 6-1-2006; R093-10, 5-30-2012)
Notation
REVISER’S NOTE.
The regulation of the Real Estate Commission filed with the Secretary of State on May 30, 2012 (LCB File No. R093-10), which amended this section, contains the following provisions not included in NAC:
“1. The amendatory provisions of section 1 of this regulation [NAC 645.4442] apply only to first-time licensees whose licenses expire on or after July 1, 2012.
2. The amendatory provisions of section 3 of this regulation [NAC 645.448] apply only to licensees whose licenses expire on or after July 1, 2013.
3. The amendatory provisions of section 4 of this regulation [NAC 645.695] apply only to:
(a) A first-time licensee whose license expires on or after July 1, 2012.
(b) A licensee whose license expires on or after July 1, 2013.”