NRS 119A.237
Provisional sales agents: Restrictions

  • duties of project broker or supervising licensee
  • commissions.

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.

Source: Section 119A.237 — Provisional sales agents: Restrictions; duties of project broker or supervising licensee; commissions., https://www.­leg.­state.­nv.­us/NRS/NRS-119A.­html#NRS119ASec237.

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.237’s source at nv​.us