Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter645 Real Estate Brokers and Salespersons |
STANDARDS OF PRACTICE |
NAC645.678. Duties of broker operating agency which lists rentals for advance fee.
Latest version.
- A broker operating an agency which lists rentals for an advance fee shall:
1. Not publish, advertise or distribute information concerning a rental without first receiving approval from the owner of the rental.
2. Provide for full refunds to customers if the services for which payment was received was substantially or materially not received by the customer.
3. Inform each customer in writing of the term for which the rental service is to be provided.
4. Make no additional charge for services rendered during the period for which the services were initially purchased.
(Added to NAC by Real Estate Comm’n, eff. 8-21-81; A by R031-04, 11-30-2004)