1.  The Division shall regularly inspect the transaction files, trust records and pertinent real estate business accounts of all real estate brokers and owner-developers to ensure compliance with the provisions of this chapter.

Terms Used In Nevada Revised Statutes 645.195

  • Commission: means the Real Estate Commission. See Nevada Revised Statutes 645.010
  • real estate: means every interest or estate in real property including but not limited to freeholds, leaseholds and interests in condominiums, town houses or planned unit developments, whether corporeal or incorporeal, and whether the real property is situated in this State or elsewhere. See Nevada Revised Statutes 645.020

2.  The Commission shall adopt regulations pertaining to those inspections.

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