A person to whom such a permit has been issued may act as a business broker pursuant to the permit only on behalf of the partnership, corporation, limited-liability company or sole proprietor, and not on his or her own behalf. If the person designated to apply for a permit meets the qualifications for a permit set forth in NRS 645.863, the Real Estate Division shall issue to that person a permit to engage in business as a business broker on behalf of the partnership, corporation, limited-liability company or sole proprietor.ģ. The partnership, corporation, limited-liability company or sole proprietor shall not engage in business as a business broker unless the person so designated has been issued such a permit.Ģ. To submit an application for a permit pursuant to NRS 645.863. (d) A real estate broker who conducts business as a sole proprietor shall designate himself or herself or a person who is licensed under the real estate broker, (c) A limited-liability company shall designate its manager and (b) A corporation shall designate one of its officers or employees (a) A partnership shall designate one of its members To engage in business as a business broker in this State: NRS 645.865 Permit to engage in business as business broker: Requirements for certain organizations.ġ. TITLE 54 PROFESSIONS, OCCUPATIONS AND BUSINESSESĬhapter 645 Real Estate Brokers and Salespersons
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