Nevada Administrative Code

NAC 645F.550 Approved providers: Maintenance and availability of certain records; provision of evidence of licensure to Commissioner. (NRS 645F.255, 645F.390) 1. A provider approved by the Commissioner to offer courses to meet the requirements for licensure or continuing educatio…

NAC 645F.555 Approved providers: Misrepresentation in advertising prohibited. (NRS 645F.255, 645F.390) A provider approved by the Commissioner shall not make any misrepresentation in its advertising about any approved course which it offers to fulfill requirements for licensing o…

NAC 645F.560 Providers of approved courses: Employment of instructors; miscellaneous duties and restrictions. (NRS 645F.255, 645F.390) A provider that conducts approved courses: 1. May employ as instructors of the approved courses only persons who meet the qualifications set fort…

NAC 645F.565 Instructors: Requirements for and restrictions on approval; periodic review and evaluation; credit for continuing education. (NRS 645F.255, 645F.390) 1. An instructor must have written approval from the Commissioner before teaching an approved course. No retroactive …

NAC 645F.570 Instructors: Denial or withdrawal of approval; appeal. (NRS 645F.255, 645F.390) 1. The Commissioner may deny or withdraw the approval of an instructor who: (a) Does not meet the standards prescribed in NAC 645F.565; (b) Does an inadequate job of teaching the subject …

NAC 645F.575 Instructors: Duties. (NRS 645F.255, 645F.390) 1. An instructor of an approved course shall ensure that: (a) Class sessions are commenced in a timely manner and are conducted for the full amount of time that is approved; and (b) Each approved course is taught accordin…

NAC 645F.580 Evaluation of approved courses and instructors by students; provision of certificates of completion. (NRS 645F.255, 645F.390) 1. Each approved course and each instructor of an approved course must be evaluated by students on a form prescribed by the Commissioner and …

NAC 645F.585 Certificates of completion of approved courses: Prerequisites for receipt; review of denial. (NRS 645F.255, 645F.390) 1. To receive a certificate of completion for an approved course, a student must: (a) Direct his or her attention to the instruction being provided a…

NAC 645F.590 Credit for approved course of continuing education: Prerequisites for receipt. (NRS 645F.255, 645F.390) 1. To receive credit for an approved course of continuing education, the course must be completed not more than 12 months immediately preceding the date on which t…

NAC 645F.600 Advertising: Requirements; restrictions. (NRS 645F.255, 645F.390) 1. A licensee shall include his or her name, license number and street address in each advertisement that the licensee uses. The street address must be the physical address of the licensee and may not …

NAC 645F.605 Surety bonds: Duty of independent licensee to deposit bond with Commissioner; persons to be named as principals on bond; form and amount of bond. (NRS 645F.255, 645F.390) 1. As a condition to doing business in this State, each independent licensee shall deposit with …

NAC 645F.610 Surety bonds: Independent licensee may deposit substitute form of security in lieu of bond; amount deposited must equal amount of bond; interest or dividends accrue to depositor. (NRS 645F.255, 645F.390) 1. As a substitute for the surety bond required by NAC 645F.605…

NAC 645F.615 Surety bonds: Cancellation of bond. (NRS 645F.255, 645F.390) 1. The surety may cancel a surety bond upon giving 60 days’ notice to the Commissioner by certified mail. Upon receipt by the Commissioner of such a notice, the Commissioner will immediately notify the inde…

NAC 645F.620 Surety bonds: Action on bond. (NRS 645F.255, 645F.390) 1. Any person claiming against a surety bond may bring an action in a court of competent jurisdiction on the surety bond for damages to the extent covered by the surety bond. A person who brings an action on a su…

NAC 645F.625 Surety bonds: Miscellaneous provisions. (NRS 645F.255, 645F.390) 1. The term of the surety bond or substitute for the surety bond, if applicable, must be not less than 1 year. 2. If the independent licensee deposits a surety bond, the independent licensee shall keep …

NAC 645F.630 Contract to provide covered services: Required contents. (NRS 645F.255, 645F.390, 645F.392) In addition to the requirements of the Nevada Covered Service Provider Regulations and chapter 645F of NRS, before a licensee provides any covered service, the licensee shall …

NAC 645F.635 Contract to provide covered services: Rescission of contract by homeowner; notification of rescission. (NRS 645F.255, 645F.390) 1. A homeowner may rescind without penalty or obligation a contract at any time before midnight of the third business day after the date on…

NAC 645F.640 Contract to provide covered services: Cancellation of contract by homeowner; notification of cancellation. (NRS 645F.255, 645F.390) 1. A homeowner may cancel a contract upon written notification at any time after the expiration of the rescission period that is provid…

NAC 645F.645 Contract to provide covered services: Translation into language other than English. (NRS 645F.255, 645F.390) A licensee who negotiates in a language other than English in the course of entering into a contract for the provision of any covered service shall deliver to…

NAC 645F.650 Contract to provide covered services: Disclosure of certain business and professional relationships required. (NRS 645F.255, 645F.390) 1. If a licensee or a relative of the licensee is licensed as, conducts business as or holds a controlling interest or position in: …

NAC 645F.655 Contract to provide covered services: Waiver of provisions and limitation of liability of licensee prohibited; mandatory arbitration voidable by homeowner. (NRS 645F.255, 645F.390) 1. A licensee shall not attempt to induce a homeowner to waive any of the provisions o…

NAC 645F.660 Prohibition against guarantee or warranty. (NRS 645F.255, 645F.390) A licensee shall not: 1. In any advertisement; or 2. Before, during or after solicitation or receipt of money from a homeowner, Ê make, or cause or encourage to be made, any explicit or implicit stat…

NAC 645F.665 Prohibited acts by licensee. (NRS 645F.255, 645F.390) 1. A licensee shall not advise or instruct a homeowner to: (a) Stop making any mortgage loan or other loan payment or cease communication with any mortgage lender, any mortgage loan servicer or any other lender or…

NAC 645F.670 Fiduciary obligation of licensee. (NRS 645F.255, 645F.390) 1. In addition to any other duties set forth in the Nevada Covered Service Provider Regulations or chapter 645F of NRS, any person licensed pursuant to the Nevada Covered Service Provider Regulations and chap…

NAC 645F.675 Foreclosure purchases: Written contract required. (NRS 645F.255) 1. Before purchasing a residence in foreclosure, a foreclosure purchaser shall provide a written contract to the homeowner, in simple English and in at least 10-point type. 2. The written contract must …

NAC 645F.680 Foreclosure purchases: Terms to be included in contract. (NRS 645F.255) Every contract entered into between a homeowner and a foreclosure purchaser must contain the entire agreement of the parties and must include the following terms: 1. The name, business address an…

NAC 645F.685 Foreclosure purchases: Translation of contract into language other than English. (NRS 645F.255) A foreclosure purchaser who negotiates a contract with a homeowner in a language other than English shall deliver to the homeowner at least 2 calendar days before the exec…

NAC 645F.690 Foreclosure purchases: Cancellation of contract; notification of cancellation; restriction on signing of deed. (NRS 645F.255) 1. A homeowner may cancel a contract with a foreclosure purchaser without penalty or obligation at any time before midnight of the third busi…

NAC 645F.695 Foreclosure purchases: Waiver of provisions and limitation of liability of licensee prohibited; mandatory arbitration voidable by homeowner. (NRS 645F.255) 1. A foreclosure purchaser shall not attempt to induce a homeowner to waive any of the provisions of NAC 645F.6…

NAC 645F.700 Foreclosure purchases: Prohibited acts. (NRS 645F.255) 1. A foreclosure purchaser shall not represent, directly or indirectly, that the foreclosure purchaser is: (a) Acting as an advisor or consultant to the homeowner, or in any other manner represent that the forecl…

NAC 645F.800 Unlawful to conduct business of covered service provider, foreclosure consultant or loan modification consultant without being licensed or exempt from licensing. (NRS 645F.255, 645F.390) It is unlawful for any person to provide or offer to provide any of the services…

NAC 645F.805 Complaint alleging violation. (NRS 645F.255, 645F.390) 1. A person may file with the Commissioner a complaint alleging that another person has violated a provision of the Nevada Covered Service Provider Regulations or chapter 645F of NRS or an order of the Commission…

NAC 645F.810 Investigation of alleged violation by Commissioner; determination. (NRS 645F.255, 645F.390) 1. If a person properly files a complaint with the Commissioner pursuant to the Nevada Covered Service Provider Regulations or chapter 645F of NRS, the Commissioner may invest…

NAC 645F.815 Investigation of unprofessional conduct by Commissioner. (NRS 645F.255, 645F.390) 1. Whether or not a complaint has been filed, the Commissioner may investigate a licensee or other person if, for any reason, it appears that: (a) The licensee or other person is conduc…

NAC 645F.820 Duties of Commissioner when unsafe condition or practice is suspected; seizure of property and assets of licensee; duties of Attorney General. (NRS 645F.255, 645F.390) 1. In addition to any other action that is required or allowed pursuant to the Nevada Covered Servi…

NAC 645F.825 Persons entitled to correct unsafe conditions and practices; effect of failure to correct; receivership and liquidation of assets. (NRS 645F.255, 645F.390) 1. If the Commissioner takes possession of the property of a licensee as set forth in NAC 645F.820, the license…

NAC 645F.830 Confidentiality of complaint and related materials. (NRS 645F.255, 645F.390) 1. Except as otherwise provided in this section, NAC 645F.485 and NRS 239.0115, a complaint filed with the Commissioner, all documents and other information filed with the complaint and all …

NAC 645F.835 Authorized disciplinary action; grounds for disciplinary action. (NRS 645F.255, 645F.390) 1. For each violation committed by an applicant for a license issued pursuant to the Nevada Covered Service Provider Regulations and chapter 645F of NRS, whether or not the appl…

NAC 645F.840 Authorized disciplinary action against independent licensees; hearing. (NRS 645F.255, 645F.390) 1. If a licensee violates any provision of NAC 645F.460, 645F.465 and 645F.470 and the licensee fails, without reasonable cause, to remedy the violation within 20 business…

NAC 645F.845 Authority of Commissioner to order summary suspension of license and take other action to protect public before hearing. (NRS 645F.255, 645F.390) Before conducting a hearing, the Commissioner may, to the fullest extent allowed by the Constitution of the United States…

NAC 645F.850 Orders to cease and desist from certain activities. (NRS 645F.255, 645F.390) 1. If a person engages in an activity in violation of the provisions of the Nevada Covered Service Provider Regulations or chapter 645F of NRS or an order of the Commissioner, the Commission…

NAC 645F.855 Notice of and hearing on certain orders of Commissioner; entry of final order; appeal of final order taking disciplinary action. (NRS 645F.255, 645F.390) 1. If the Commissioner enters an order taking any disciplinary action against a person, denying a person’s applic…

NAC 645F.860 Hearings: Coordination and notice of time and location. (NRS 645F.255, 645F.390) The hearing officer shall: 1. Attempt to coordinate the time and location of the hearing with the parties before setting the matter; and 2. Advise the Commissioner in writing of the time…

NAC 645F.865 Hearings: Continuances. (NRS 645F.255, 645F.390) 1. The time of a hearing may be continued by the hearing officer upon the written petition of a party only for good cause shown. 2. The party requesting a continuance must serve the written petition upon the opposing p…

NAC 645F.870 Hearings: Representation of respondent. (NRS 645F.255, 645F.390) A respondent may represent himself or herself at the hearing or be represented by an attorney. (Added to NAC by Comm’r of Mortgage Lending by R052-09, eff. 8-25-2009)

NAC 645F.875 Hearings: Disclosure of exhibits and list of witnesses; limitations on discovery. (NRS 645F.255, 645F.390) 1. If a hearing has been requested in a timely manner as set forth in the Nevada Covered Service Provider Regulations or chapter 645F of NRS, each party must pr…

NAC 645F.880 Hearings: Motions. (NRS 645F.255, 645F.390) 1. All motions, unless made to exclude a witness, must be in writing. 2. A written motion must be served on the opposing party and the hearing officer at least 15 days before the time set for the hearing on the motion unles…