NAC645.120. Financial condition of applicant for license as real estate broker.

     1. Before a person who wishes to apply for a license as a real estate broker submits an application for the license pursuant to NRS 645.350, the Division shall consider the financial condition of the person and require the person to submit to the Division the following financial information:

     (a) The person’s current employer and the employer’s address;

     (b) The person’s checking accounts with amounts;

     (c) The person’s savings accounts with amounts; and

     (d) Such other information concerning the person’s finances as the Division deems pertinent.

     2. A person may not apply for a license as a real estate broker unless the person has submitted to the Division the information required by this section and the Division has approved the financial condition of the person.

     [Real Estate Adv. Comm’n, § III subsec. 1 par. a, eff. 10-31-75]—(NAC A by Real Estate Comm’n, 8-21-81; R031-04, 11-30-2004; R025-10, 12-16-2010)