NAC119A.081. Provisional license: Prerequisites; issuance.  


Latest version.
  •      1. The Division will grant a provisional sales agent’s license to an applicant who has submitted:

         (a) A complete application for a sales agent’s license in compliance with NRS 119A.210 and NAC 119A.075 and 119A.077;

         (b) A written statement of acknowledgment from the project broker who will employ the applicant that:

              (1) The project broker has obtained a report on the background of the applicant from a licensed private investigator or other reputable source acceptable to the Division;

              (2) The project broker is satisfied that the applicant has a reputation for honesty, trustworthiness and competence; and

              (3) There is a written agreement between the project broker and the applicant in which the applicant states that he or she understands and agrees that his or her employment in a position as a provisional sales agent will be terminated if the Division denies the application; and

         (c) A copy of the report described in subparagraph (1) of paragraph (b), which must demonstrate that the applicant has not been convicted of, or pleaded guilty or nolo contendere to, any crime that would be grounds for the Division to deny the application pursuant to NAC 119A.085.

         2. The Division will issue a provisional license to the project broker for an applicant upon verifying the applicant’s complete submission of all of the required items set forth in subsection 1.

     (Added to NAC by Real Estate Div. by R153-06, eff. 3-23-2007)