1. Assembly Bill No. 58–Assemblyman Beers

CHAPTER........

AN ACT relating to the sale of real estate; authorizing licensed real estate broker-salesmen

and real estate salesmen to use additional terms to refer to their licensed status;

requiring certain information to be included in advertisements by licensees; and

providing other matters properly relating thereto.

 

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

Section 1. Chapter 645 of NRS is hereby amended by adding thereto

the provisions set forth as sections 2 and 3 of this act.

Sec. 2. 1. A person licensed as a real estate salesman may use the

term "real estate salesman," "real estate saleswoman" or "real estate

salesperson" in the course of doing business.

2. A person licensed as a real estate broker-salesman may use the

term "real estate broker-salesman," "real estate broker-saleswoman" or

"real estate broker-salesperson" in the course of doing business.

Sec. 3. 1. In any advertisement through which a licensee offers to

perform services for which a license is required pursuant to this chapter,

the licensee shall:

(a) If he is a real estate broker, disclose the name of any brokerage

under which he does business; or

(b) If he is a real estate broker-salesman or real estate salesman,

disclose the name of the broker with whom he is associated.

  1. 2. A real estate broker-salesman or real estate salesman shall not
  1. advertise solely under his own name when acting in the capacity as a
  1. broker-salesman or salesman. All such advertising must be under the
  1. direct supervision of and in the name of the broker with whom the
  1. broker-salesman or salesman is associated.
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