NAC645G.010. Definitions.  


Latest version.
  • As used in NAC 645G.010 to 645G.140, inclusive, unless the context otherwise requires:

         1. “Agreement” means a written agreement between a qualified intermediary and a client in which the qualified intermediary agrees to act as an intermediary in an exchange of real property for the benefit of the client.

         2. “Person” has the meaning ascribed to it in NRS 0.039.

     (Added to NAC by Real Estate Div., eff. 3-30-94)—(Substituted in revision for NAC 645.772)