EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

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

1-2 the provisions set forth as sections 2 and 3 of this act.

1-3 Sec. 2. 1. A person licensed as a real estate salesman may use the

1-4 term "real estate salesman," "real estate saleswoman" or "real estate

1-5 salesperson" in the course of doing business.

1-6 2. A person licensed as a real estate broker-salesman may use the

1-7 term "real estate broker-salesman," "real estate broker-saleswoman" or

1-8 "real estate broker-salesperson" in the course of doing business.

1-9 Sec. 3. 1. In any advertisement through which a licensee offers to

1-10 perform services for which a license is required pursuant to this chapter,

1-11 the licensee shall:

1-12 (a) If he is a real estate broker, disclose the name of the licensed

1-13 brokerage under which he does business; or

1-14 (b) If he is a real estate broker-salesman or real estate salesman,

1-15 disclose the name of the broker with whom he is associated.

1-16 2. A real estate broker-salesman or real estate salesman shall not

1-17 advertise solely under his own name when acting in the capacity as a

2-1 broker-salesman or salesman. All such advertising must be under the

2-2 direct supervision of and in the name of the broker with whom the

2-3 broker-salesman or salesman is associated.