Nevada § 119.181 - Sales: Activities of registered representatives; application by registered representative
Full text of Nevada Nevada Revised Statutes § 119.181 — Sales: Activities of registered representatives; application by registered representative, with citation guidance and answers to common questions.
§ 119.181. Sales: Activities of registered representatives; application by registered representative
1. No person, except a registered representative of the developer or a broker or salesperson
who has complied with NRS 119.180 may induce, solicit or attempt to have any person attend any offer or sale of subdivision
property or any interest therein. A broker is responsible for the inducing and soliciting activities of his or her
registered representative. The registered representative and the developer must comply with the same standards
of business ethics as apply to licensed real estate brokers and salespersons. A registered representative shall not make statements of any kind concerning prices,
interests or values of the subdivision property. A registered representative’s activities must be limited to inducing and soliciting
persons to attend an offer or sale of subdivision property and handing out information
approved by the Division and a registered representative shall strictly conform to
the written plan approved by the Division pursuant to NRS 119.180 . 2. Before engaging in any activities specified in subsection 1, each registered representative
of the developer, under such regulations as the Division may promulgate, shall: (a) Complete an application in such form and containing such reasonable information
as the Division may require. (b) Pay the fees prescribed in this chapter. Such a person shall be known as a registered representative of the developer and may
not use the term “licensee.” Real estate brokers and salespersons licensed in the State of Nevada may function
as registered representatives upon the completion of whatever application and the
submission of whatever reasonable information the Division may prescribe, and upon
the payment of the fees prescribed in this chapter.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119.181
What does Nevada Revised Statutes § 119.181 cover?
Section 119.181 ("Sales: Activities of registered representatives; application by registered representative") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 119.181?
A common citation format is "Nevada Revised Statutes § 119.181" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 119.181 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.