NAC645.695. Administrative fines and other sanctions.


Latest version.
  •      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.”