645.289  Owner-developers: Qualifications and duties of person who acts as sales manager.

1.  To qualify as a sales manager for the purposes of NRS 645.283, a licensed real estate broker-salesperson must have at least 2 years of experience during the immediately preceding 4 years as a real estate broker-salesperson or salesperson licensed in this State or any other state or territory of the United States, or the District of Columbia.

2.  A real estate broker-salesperson shall:

(a) Before becoming associated with an owner-developer as a sales manager, notify the Division on a form prescribed by the Division that he or she will be acting in that capacity; and

(b) Upon the termination of his or her association with an owner-developer as a sales manager, notify the Division of that fact.

(Added to NRS by 2005, 1286)