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Any licensee, permittee or owner-developer who commits an act described in NRS 645.630, 645.633 or 645.635 shall be punished by a fine of not more than $5,000 for each offense.
A fine of up to $5,000.00 per violation for any person or corporation licensed as an owner-developer.
NRS: CHAPTER 119 - SALE OF SUBDIVIDED LAND: LICENSING AND REGULATION.
Chapter 78 Private Corporations. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method.
The licensee may within 10 days after his or her receipt of the decision petition the Commission for a rehearing.
NRS 78.138 - Directors and officers: Fiduciary duties; exercise of powers; presumptions and considerations; liability to corporation, stockholders and creditors. 1. The fiduciary duties of directors and officers are to exercise their respective powers in good faith and with a view to the interests of the corporation.
The Nevada Supreme Court has stated general principles. The procuring cause sets ?in motion a chain of events which, without break in the continuity, cause the buyer and seller to come to terms as the proximate result of his or her peculiar activities.? Binder v. Levy Realty Co., 106 Nev.
The Nevada statutes also require real estate advertising to disclose the fact that the advertised property is represented by a broker. All advertising must clearly feature both the license number and name of the brokerage doing the advertising.