Section 645.253 - Licensees affiliated with same brokerage: Additional duties when assigned to separate parties to real estate transaction or property management agreementIf a real estate broker assigns different:
1. Licensees affiliated with his or her brokerage to separate parties to a real estate transaction, the licensees are not required to obtain the written consent required pursuant to paragraph (d) of subsection 1 of NRS 645.252. Each licensee shall not disclose, except to the real estate broker, confidential information relating to a client in violation of NRS 645.254.2. Licensees affiliated with his or her brokerage who hold permits to engage in property management to separate parties to a property management agreement, the property managers are not required to obtain the written consent required pursuant to paragraph (d) of subsection 1 of NRS 645.6057. Each property manager shall not disclose, except to the real estate broker, confidential information relating to a client in violation of NRS 645.6057.Added to NRS by 1995, 2073; A 2023, 3483Amended by 2023, Ch. 527,§21, eff. 10/1/2023.Added to NRS by 1995, 2073