Accounting of use of advance fee charged or collected; Division may demand accounting.

  1. Law
  2. Nevada Revised Statutes
  3. Real Estate Brokers and Salespersons
  4. Accounting of use of advance fee charged or collected; Division may demand accounting.

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Any person or entity who charges or collects an advance fee shall, within 3 months after the charge or collection, furnish to his or her client an accounting of the use of that money. The Real Estate Division may also demand an accounting by such person or entity of advance fees so collected.

(Added to NRS by 1957, 211; A 1963, 667; 1995, 2075)


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