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Statutes > Nevada Statutes > TITLE 54 - PROFESSIONS, OCCUPATIONS AND BUSINESSES > Chapter 645 - Real Estate Brokers and Salespersons > REAL ESTATE EDUCATION, RESEARCH AND RECOVERY FUND

REAL ESTATE EDUCATION, RESEARCH AND RECOVERY FUND

  • 645.841 - “Fund” defined.
  • 645.842 - Creation; use; balances; interest and income.
  • 645.843 - Payment of additional fee by licensee for augmentation of Fund.
  • 645.844 - Recovery from Fund: Procedure; grounds; amount; hearing.
  • 645.845 - Administrator may answer petition for recovery; effect of judgment; compromise of claim.
  • 645.846 - Court order requiring payment from Fund.
  • 645.847 - Automatic suspension of license upon payment from Fund; conditions for reinstatement of license.
  • 645.848 - Distribution of payment from Fund if claims exceed maximum liability of Fund; order of payment of claims if balance of Fund insufficient; interest; use of certain money deposited in Fund.
  • 645.8491 - Administrator subrogated to rights of judgment creditor; deposit of money recovered.
  • 645.8492 - Waiver of rights.




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