Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter119 Sale of Subdivided Land: Licensing and Regulation |
ADVERTISING |
NAC119.410. Standards: Accuracy; facts; inferences.
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1. Advertising must conform to the following standards:
(a) Statements and representations contained in the advertising must be accurate and true.
(b) Advertising must fully state factual material so as not to misrepresent the facts or create misleading impressions.
(c) All advertising must be consistent with the information contained in the property report filed with the Division.
2. Advertising or promotional material will be judged on the basis of the positive representations contained in it and the reasonable inferences to be drawn from it. Any inference which may be reasonably drawn from advertising or promotional material is deemed to be a positive assertion unless the inference is negated in it in clear and unmistakable terms, or unless adequate safeguards have been provided by the developer to reasonably assure the occurrence of the thing inferred.
[Dep’t of Commerce, Real Estate Div., § 43, eff. 7-16-80]