NAC692A.030. Licenses: Application.  


Latest version.
  •      1. A written application for a title agent’s or escrow officer’s license must be filed with the Commissioner by the person applying for the license, accompanied by all applicable fees. The application must include the following:

         (a) The name of the person applying for a license.

         (b) Evidence that he or she is a bona fide resident of this State or resides not more than 50 miles from the border of this State.

         (c) The name and address of each of his or her employers for at least 2 years immediately preceding the application.

         (d) A description of his or her experience relating to title insurance or escrow and evidence of his or her knowledge of the laws of this State pertaining to insurance.

         (e) A statement whether:

              (1) The person is or was previously licensed to transact the business of insurance or to handle escrows, settlements or closings and, if so, where he or she was licensed and whether that license was ever suspended or revoked or the renewal of continuance of it refused;

              (2) The person has ever been denied such a license; and

              (3) The person has ever had a contract as an agent or escrow officer cancelled and, if so, the reasons for that cancellation.

         (f) Any other information reasonably required by the Commissioner to determine the person’s qualifications for the license.

         2. The application must be verified by the person applying for the license.

     (Added to NAC by Comm’r of Insurance, eff. 6-23-86; A by R115-00, 3-30-2001; R172-01, 7-5-2002; R103-09, 1-28-2010)