Section 645F.305 - Independent licensee who is natural person: Required experience; restrictions on employment and other associationAn independent licensee who is a natural person:
1. Must have at least 2 years of verifiable experience working in the real estate, mortgage, foreclosure or loan modification industries or applicable financial or legal fields.2. If the independent licensee is a loan modification consultant, shall not employ or otherwise associate with an associated licensee who is licensed as a covered service provider or a foreclosure consultant.3. If the independent licensee is a foreclosure consultant, shall not employ or otherwise associate with an associated licensee who is licensed as a covered service provider.Nev. Admin. Code § 645F.305
Added to NAC by Comm'r of Mortgage Lending by R052-09, eff. 8-25-2009