Nevada § 119A.237 Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions

Nevada Statutes

§ 119A.237 — Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions

Nevada § 119A.237

Title 10PROPERTY RIGHTS AND TRANSACTIONS

Ch. 119ATime

LICENSES AND PERMITS

This text of Nevada § 119A.237 (Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 119A.237 (2026).

Text

1. A provisional licensee shall not:

(a)Conduct sales-related activities unless the provisional licensee is:

(1)Under the supervision of:

(I)His or her project broker; or

(II)A person licensed pursuant to chapter 645 of NRS.

(2)At the principal place of business or a branch office of the project broker or person licensed pursuant to chapter 645 of NRS or at the physical location of a time-share development.

(b)Collect personal information from a prospective purchaser or purchaser of a time share. 2. A project broker or person licensed pursuant to chapter 645 of NRS shall not grant to a provisional licensee:

(a)Access to a time-share lockbox; or

(b)The ability to enter a private residence or a time-share unit that an unlicensed person otherwise would not have. 3. A project broker or

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1. A provisional licensee shall not:
(a) Conduct sales-related activities unless the provisional licensee is:
(1) Under the supervision of:
(I) His or her project broker; or
(II) A person licensed pursuant to chapter 645 of NRS.
(2) At the principal place of business or a branch office of the project broker or person licensed pursuant to chapter 645 of NRS or at the physical location of a time-share development.
(b) Collect personal information from a prospective purchaser or purchaser of a time share.
2. A project broker or person licensed pursuant to chapter 645 of NRS shall not grant to a provisional licensee:
(a) Access to a time-share lockbox; or
(b) The ability to enter a private residence or a time-share unit that an unlicensed person otherwise would not have.
3. A project broker or a person licensed pursuant to chapter 645 of NRS shall:
(a) Supervise the provisional licensee; and
(b) Review and approve in writing any contract prepared by the provisional licensee that relates to the sale of a time share.
4. A provisional licensee may receive a commission for the sale of a time share in which the provisional licensee is involved.
5. As used in this section:
(a) “Personal information” has the meaning ascribed to it in NRS 603A.040 .
(b) “Provisional licensee” means an applicant who receives a provisional sales agent’s license from the Division pursuant to NRS 119A.233 .