"Business broker" defined.

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"Business broker" means a person who, while acting for another and for compensation or with the intention or expectation of receiving compensation:

1. Sells, exchanges, options, purchases, rents or leases a business that is sold, exchanged, optioned, purchased, rented or leased as part of an interest or estate in real property;

2. Negotiates or offers, attempts or agrees to negotiate the sale, exchange, option, purchase, rental or lease of a business that is or is intended to be sold, exchanged, optioned, purchased, rented or leased as part of an interest or estate in real property; or

3. Lists or solicits prospective purchasers of a business if a component of the listing or solicitation is an interest or estate in real property.

(Added to NRS by 2005, 646; A 2013, 2097)


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