Sales agents: Qualifications; fees; fingerprinting; exemptions from licensing; expiration and renewal of licenses; continuing education. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
1. The Administrator shall issue a sales agent’s license to each applicant who submits an application to the Division, in the manner provided by the Division, which includes:
(a) Satisfactory evidence, affirmed by the project broker or another acceptable source, that the applicant has completed 14 hours of instruction in:
(1) Ethics.
(2) The applicable laws and regulations relating to time shares.
(3) Principles and practices of selling time shares.
(b) Satisfactory evidence that he has a reputation for honesty, trustworthiness and competence.
(c) A designation of the developer for whom he proposes to sell time shares.
(d) Any further information required by the Division, including the submission by the applicant to any investigation by the police or the Division.
2. In addition to or in lieu of the 14 hours of instruction required by paragraph (a) of subsection 1, the applicant may be required to pass an examination which may be adopted by the Division to examine satisfactorily the knowledge of the applicant in those areas of instruction listed in paragraph (a) of subsection 1.
3. Each applicant must pay the fees provided for in this chapter.
4. Each applicant must, as part of his application and at his own expense:
(a) Arrange to have a complete set of his fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Division on a fingerprint card provided by the law enforcement agency or other authorized entity for that purpose; and
(b) Submit to the Division the completed fingerprint card and written permission authorizing the Division to submit the applicant’s fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant’s background and to such other law enforcement agencies as the Division deems necessary.
5. The Division may:
(a) Submit the applicant’s fingerprints to the Central Repository for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Division deems necessary; and
(b) Request from each such agency any information regarding the applicant’s background as the Division deems necessary.
6. A person who is licensed as a salesman pursuant to chapter 645 of NRS is not required to obtain a license pursuant to the provisions of this section.
7. Each sales agent’s license issued pursuant to this section expires 2 years after the last day of the calendar month in which it was issued and must be renewed on or before that date. Each licensee who meets the requirements for renewal may renew his license upon the payment of the renewal fee before his license expires.
8. If a licensee fails to renew his license before it expires, the license may be reinstated if the licensee pays the renewal fee and the penalty specified in NRS 119A.360 within 1 year after the license expires.
9. The Administrator may adopt regulations establishing and governing requirements for the continuing education of sales agents.
Last modified: February 27, 2006