Nevada Administrative Code|Section 645.175 - Licensing of branch offices

                                                

645.175. Licensing of branch offices

1. The real estate broker to whom the license is issued is responsible for all branch offices operated by the real estate broker.

2. A license for a branch office may only be issued in the name in which the real estate broker is licensed to conduct business at his or her main office.

3. A supervisor of a branch office may not manage more than one branch office.

4. A branch office is not required to establish a trust account, but if one is established, one of the signatures required on the account must be that of the supervisor of the branch office.

Real Estate Adv. Comm'n, § VI subsecs. 9-12 & 14, eff. 12-20-75-NAC A by Real Estate Comm'n by R111-01, 12-17-2001

NRS 645.050, 645.190, 645.530

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