Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 645.867. Designated business brokers: Requirements; qualifications; duties

(a) Appoint a person, who has the qualifications required by this section, as the designated business broker for the office to supervise the activities of a business broker conducted at the office; and

(b) Submit notice of the appointment to the Division.

(a) Holds a license as a real estate broker or real estate broker-salesperson;

(b) Holds a permit to engage in business as a business broker; and

(c) Has 2 years active experience, within the 4 years immediately preceding the date of the appointment, in conducting the activities of a business broker in the United States as a licensed real estate broker, real estate broker-salesperson or real estate salesperson.

(a) Must comply with all applicable provisions of this chapter; and

(b) Is subject to all the remedies and penalties provided for in this chapter.