NRS 645.635
Additional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions.


The Commission may take action pursuant to NRS 645.630 against any person subject to that section who is guilty of:

1.

Offering real estate for sale or lease without the knowledge and consent of the owner or the owner’s authorized agent or on terms other than those authorized by the owner or the owner’s authorized agent.

2.

Negotiating a sale, exchange or lease of real estate, or communicating after such negotiations but before closing, directly with a client if the person knows that the client has a brokerage agreement in force in connection with the property granting an exclusive agency, including, without limitation, an exclusive right to sell to another broker, unless permission in writing has been obtained from the other broker.

3.

Failure to deliver within a reasonable time a completed copy of any purchase agreement or offer to buy or sell real estate to the purchaser or to the seller, except as otherwise provided in subsection 4 of NRS 645.254.

4.

Failure to deliver to the seller in each real estate transaction, within 10 business days after the transaction is closed, a complete, detailed closing statement showing all of the receipts and disbursements handled by him or her for the seller, failure to deliver to the buyer a complete statement showing all money received in the transaction from the buyer and how and for what it was disbursed, or failure to retain true copies of those statements in his or her files. The furnishing of those statements by an escrow holder relieves the broker’s, broker-salesperson’s or salesperson’s responsibility and must be deemed to be in compliance with this provision.

5.

Representing to any lender, guaranteeing agency or any other interested party, verbally or through the preparation of false documents, an amount in excess of the actual sale price of the real estate or terms differing from those actually agreed upon.

6.

Failure to produce any document, book or record in his or her possession or under his or her control, concerning any real estate transaction under investigation by the Division.

7.

Failure to reduce a bona fide offer to writing where a proposed purchaser requests that it be submitted in writing, except as otherwise provided in subsection 4 of NRS 645.254.

8.

Failure to submit all written bona fide offers to a seller when the offers are received before the seller accepts an offer in writing and until the broker has knowledge of that acceptance, except as otherwise provided in subsection 4 of NRS 645.254.

9.

Refusing because of race, color, national origin, sex, sexual orientation, gender identity or expression, or ethnic group to show, sell or rent any real estate for sale or rent to qualified purchasers or renters.

10.

Knowingly submitting any false or fraudulent appraisal to any financial institution or other interested person.

11.

Any violation of NRS 645C.557.

Source: Section 645.635 — Additional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions., https://www.­leg.­state.­nv.­us/NRS/NRS-645.­html#NRS645Sec635.

645.610
Investigation of actions of licensees and other persons.
645.615
Duty to report certain convictions and pleas to Division.
645.620
Maintenance by Division of record of complaints, investigations and denials of applications.
645.625
Certain records relating to complaint or investigation deemed confidential
645.630
Authorized disciplinary action
645.633
Additional grounds for disciplinary action: Improper trade practices
645.635
Additional grounds for disciplinary action: Unprofessional and improper conduct relating to real estate transactions.
645.645
Additional grounds for disciplinary action: Unprofessional and improper conduct relating to sale of insurance for home protection.
645.647
Additional grounds for disciplinary action: Failure to pay money to Commission or Division.
645.648
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants
645.660
Knowledge of associate or employer of violation by licensee or employee
645.670
Effect on limited-liability company, partnership or corporation of revocation or suspension of license of manager, partner or officer
645.675
Investigations, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license, permit or registration.
645.680
Revocation, suspension or denial of renewal of license, permit or registration: Complaint
645.685
Revocation, suspension or denial of renewal of license, permit or registration: Answer
645.690
Revocation, suspension or denial of renewal of license, permit or registration: Hearing
645.700
Power of Commission to administer oaths, certify acts and issue subpoenas
645.710
Fees and mileage for witness.
645.720
Enforcement of subpoenas.
645.730
Depositions
645.740
Decision of Commission: Rendition
645.760
Decision final when in favor of licensee
645.770
Restrictions on issuance of new license, permit or registration after revocation.
Last Updated

Jun. 24, 2021

§ 645.635’s source at nv​.us