NRS 645.0045 - Agency” defined.

NV Rev Stat § 645.0045 (2019) (N/A)
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1. “Agency” means a relationship between a principal and an agent arising out of a brokerage agreement whereby the agent is engaged to do certain acts on behalf of the principal in dealings with a third party.

2. The term does not include a relationship arising solely from negotiations or communications with a client of another broker with the written permission of the broker in accordance with the provisions of subsection 2 of NRS 645.635.

(Added to NRS by 2007, 1787)