Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter119 Sale of Subdivided Land: Licensing and Regulation |
DEVELOPERS AND REAL ESTATE LICENSEES |
NAC119.300. Developers: Branch offices; approval of amended documents; availability of records.
Latest version.
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1. If a developer wishes to conduct sales at two or more separate locations, except locations of off-premises contacts, the broker of record shall establish and maintain branch offices as required by chapter 645 of NRS.
2. A developer must obtain approval from the Division before using any property report, advertising or contract or agreement which is amended in any way.
3. A developer’s records which are kept outside this state are subject to inspection and audit by the Division and must be made available to the Division at its office in Carson City or Las Vegas.
[Real Estate Div., § 36, eff. 7-16-80]—(NAC A 5-2-86)