Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter645 Real Estate Brokers and Salespersons |
STANDARDS OF PRACTICE |
NAC645.551. Exclusive buyer’s brokerage agreements: Inclusion of certain provisions regarding compensation of broker.
Latest version.
- An exclusive buyer’s brokerage agreement may authorize the broker specified in the agreement to receive compensation from the seller or lessor of the property or the broker of the seller or lessor and may provide that the purchaser or tenant is not required to compensate the broker if the property is purchased or leased solely through the efforts of the purchaser or tenant.
(Added to NAC by Real Estate Comm’n by R165-07, eff. 4-17-2008)