Also amends NV LEG 54-645.320 (requirements for exclusive agency representation), NV LEG 54-645.633 (additional grounds for disciplinary action: trade practices, more).
Bill Provisions
Revises definition of brokerage agreement to remove provision allowing oral contracts.
Modifies references to written brokerage agreements to reflect requirement that such agreements be written, eliminates requirement that certain agreements be written.
Legislative History
On Feb. 18, 2025, bill introduced in Assembly; on Apr. 17, 2025, bill passed Assembly.
On Apr. 23, 2025, bill introduced in Senate; on May 19, 2025, bill passed in Senate.
On May 26, 2025, bill was approved by governor; on May 27, assigned Chapter 24.
