Nev. Rev. Stat. » NRS: CHAPTER 645 - REAL ESTATE BROKERS AND SALESPERSONS
Nevada Revised Statutes

Nev. Rev. Stat. § 645.370 (2026)

Issuance of license to certain organizations doing business as broker; restrictions

✓ current as of July 2026
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NRS 645.370  Issuance of license to certain organizations doing business as broker; restrictions.

      1.  Each limited-liability company doing business as a real estate broker must designate its manager, each partnership doing business as a real estate broker must designate one of its members, and each corporation doing business as a real estate broker must designate one of its officers, to submit an application for a broker’s license.

      2.  Upon such manager’s, member’s or officer’s successfully passing the examination, and upon compliance with all other requirements of law by the limited-liability company, partnership or corporation, as well as by the designated manager, member or officer, the Division shall issue a broker’s license to the manager, member or officer on behalf of the limited-liability company, corporation or partnership, and thereupon the manager, member or officer so designated is entitled to perform all the acts of a real estate broker contemplated by this chapter; except:

      (a) That the license entitles the manager, member or officer so designated to act as a real estate broker only as officer or agent of the limited-liability company, partnership or corporation, and not on his or her own behalf, except as otherwise provided in NRS 645.385; and

      (b) That if in any case the person so designated is refused a license by the Real Estate Division, or in case the person ceases to be connected with the limited-liability company, partnership or corporation, the limited-liability company, partnership or corporation may designate another person who must apply and qualify as in the first instance.

      [Part 9:150:1947; 1943 NCL § 6396.09]—(NRS A 1963, 669; 1975, 1547; 1979, 1543; 1985, 1265; 1997, 168)

     

Notes of Decisions
Cited in 2 cases, 1975–1993 · leading case: Jory v. Bennight, 542 P.2d 1400 (Nev. 1975).
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Jory v. Bennight, 542 P.2d 1400 (Nev. 1975). · cites it 3× “Jory is a corporate shareholder and, as the trial court apparently inferred from evidence before it, the officer licensed on behalf of the corporation pursuant to NRS 645.370. 1 The corporation employed George E.”
Loomis v. Lange Fin. Corp., 865 P.2d 1161 (Nev. 1993). “NRS 645.370(1). Additionally, each member or officer of a corporation or partnership who is going to perform or engage in any of the acts specified in NRS 645.”
— Nev. Rev. Stat. § 645.370(1) — 1 case
Loomis v. Lange Fin. Corp., 865 P.2d 1161 (Nev. 1993). “NRS 645.370(1). Additionally, each member or officer of a corporation or partnership who is going to perform or engage in any of the acts specified in NRS 645.”
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