NRS 119A.235
Provisional sales agents: Expiration of licenses

  • application to work for new project broker
  • termination of employment
  • denial of application for license.

1.

A provisional license issued to an applicant by the Division will expire automatically:

(a)

If the Division denies the applicant’s application;

(b)

Upon the issuance of a sales agent’s license to the project broker for the applicant;

(c)

If the Division denies the applicant an identification card or permit of any kind;

(d)

If the applicant terminates employment with the project broker who provided the written statement of acknowledgment identified in NRS 119A.233; or

(e)

If the applicant’s check for the fee for the application of an original license is returned for insufficient funds.

2.

An applicant may not work for a new project broker without resubmitting a complete application for a sales agent’s license in compliance with NRS 119A.210 and 119A.233 and applicable regulations.

3.

Except as otherwise provided in this section, a provisional license expires 1 year after its date of issuance and may not be renewed.

4.

Within 10 days after an applicant’s employment is terminated, the project broker shall notify the Division of the termination and return the provisional license to the Division.

5.

If the Division denies the application for a sales agent’s license, the applicant:

(a)

May request a hearing to contest the denial of the application pursuant to this chapter and any regulations adopted pursuant thereto; and

(b)

Shall not work as a provisional sales agent or in any other position that requires a provisional license while the decision on the appeal requested pursuant to paragraph (a) is pending.

Source: Section 119A.235 — Provisional sales agents: Expiration of licenses; application to work for new project broker; termination of employment; denial of application for license., https://www.­leg.­state.­nv.­us/NRS/NRS-119A.­html#NRS119ASec235.

119A.210
Sales agents: Qualifications 119A.212
Sales agents: Application for renewal of license to include information relating to state business license 119A.220
Sales agents: Association with project broker. 119A.230
Sales agents: Disciplinary actions. 119A.233
Provisional sales agents: Qualifications 119A.235
Provisional sales agents: Expiration of licenses 119A.237
Provisional sales agents: Restrictions 119A.240
Representatives: Qualifications for registration. 119A.250
Representatives: Expiration, renewal, reinstatement and transfer of registration. 119A.255
Representatives: Application for renewal of registration to include information relating to state business license 119A.260
Representatives: Prohibited acts 119A.263
Payment of child support: Statement by applicant for sales agent’s license or registration as representative or manager 119A.266
Suspension of sales agent’s license or registration as representative or manager for failure to pay child support or comply with certain subpoenas or warrants 119A.268
Branch offices. 119A.270
Developers: Prohibited acts. 119A.280
Developers: Order to cease 119A.285
Developers: Inapplicability of certain provisions to offer or disposition of certain time shares. 119A.290
Preliminary permits. 119A.300
Requirements for issuance of initial permit. 119A.302
Abbreviated registration: Requirements 119A.304
Developer to file amended statement of record if material change to time-share plan 119A.305
Terms and conditions of supporting documents: Description in public offering statement 119A.307
Filing of public offering statement 119A.310
Grounds for denial of permit 119A.320
Period for action on application. 119A.330
Hearing on denial of application, amendment to statement of record or renewal of permit 119A.340
Issuance of permit before completion of project. 119A.350
Investigation of applicants 119A.355
Renewal of permit. 119A.357
Requirement to notify Division in writing of certain convictions. 119A.358
Creation and maintenance of website through which licenses, permits or registrations may be renewed 119A.360
Fees. 119A.365
Disciplinary action for failure to pay money to Division.
Last Updated

Jun. 24, 2021

§ 119A.235’s source at nv​.us