Nevada · Regulations
Chapter 645F — MORTGAGE LENDING AND RELATED PROFESSIONS
186 sections
186 sections
- NAC 645F.002Designation of Division, employee or other person by Commissioner to perform duties of Commissioner.
- NAC 645F.003Applicability of chapter.
- NAC 645F.004Short title.
- NAC 645F.005Definitions.
- NAC 645F.010“Approved course” defined.
- NAC 645F.015“Associated licensee” defined.
- NAC 645F.020“Change of control” defined.
- NAC 645F.025“Covered service provider” defined.
- NAC 645F.030“Hour of instruction” defined.
- NAC 645F.035“Independent licensee” defined.
- NAC 645F.040“Licensee” defined.
- NAC 645F.045“Loan modification” defined.
- NAC 645F.050“Provider” defined.
- NAC 645F.055“Relative” defined.
- NAC 645F.060“Residence” defined.
- NAC 645F.080“Contacting a creditor on behalf of a homeowner” interpreted.
- NAC 645F.105Persons subject to licensure for purposes of subsection 1 of NRS 645F.380 .
- NAC 645F.200License required.
- NAC 645F.205Application for license; waiver of investigation; application for branch offices; license for office outside State which conducts business in State; requirements for issuance of license.
- NAC 645F.210Documentation required with application for license; effect of failure to respond to written request for information.
- NAC 645F.215Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner; suspension of license for failure to pay or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, 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.]
- NAC 645F.215Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner; suspension of license for failure to pay or comply with certain subpoenas or warrants; reinstatement of license. [Effective on the date of the repeal of 42 U.S.C. § 666, 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 and expires by limitation 2 years after that date.]Not yet effective
- NAC 645F.220Grounds for refusal to issue license: Conviction of certain crimes; suspension or revocation of certain licenses or registration.
- NAC 645F.225Grounds for refusal to issue license: Act or omission of certain persons; control by relative who is ineligible to be licensed.
- NAC 645F.230Grounds for refusal to issue license: Authority of Commissioner not limited.
- NAC 645F.235Denial of application for license: Issuance; hearing.
- NAC 645F.240Applicant not licensed until license issued and written notice given by Commissioner.
- NAC 645F.245Activities authorized by license.
- NAC 645F.250Licensee not precluded from holding certain other licenses.
- NAC 645F.255Display of license; restriction on use of name of business; license number required on contract; transfer of license prohibited.
- NAC 645F.260Use of fictitious name.
- NAC 645F.265Use of same name, confusingly similar name or name not approved by Commissioner.
- NAC 645F.270Expiration of license; requirements for renewal of license; reinstatement of cancelled license.
- NAC 645F.275Reinstatement of license without meeting requirements if licensee called into military service.
- NAC 645F.280Conducting other business in same office or place of business.
- NAC 645F.285Closure of principal or branch office.
- NAC 645F.300Independent licensee who is natural person.
- NAC 645F.305Independent licensee who is natural person: Required experience; restrictions on employment and other association.
- NAC 645F.310Independent licensee which is not natural person: Restrictions on employment and other association.
- NAC 645F.315Fees.
- NAC 645F.320Prohibited acts; restriction on employment and other association of associated licensee.
- NAC 645F.325Supervision of associated licensees.
- NAC 645F.330Statements required if independent licensee terminates employment of or association with associated licensee.
- NAC 645F.335Statements required if associated licensee terminates employment by or association with independent licensee.
- NAC 645F.350Application; qualifications; fingerprints; fees.
- NAC 645F.355Submission of additional information concerning application; approval or denial of application.
- NAC 645F.360Duties, restrictions, penalties, liabilities, conditions and limitations; expiration and renewal.
- NAC 645F.400Qualified employee: Designation and approval.
- NAC 645F.405Change in ownership, control, management, principal employees or principal or branch office.
- NAC 645F.410Fee for supervision and related activities: Amount; collection; failure to pay; accounting of time billed.
- NAC 645F.415Transfer of voting stock: Notification and approval; investigation; waiver of investigation.
- NAC 645F.420Assessment for costs related to legal services.
- NAC 645F.430Assessment for costs related to audits and examinations.
- NAC 645F.435Duties of Commissioner; fee.
- NAC 645F.440Authority of Commissioner.
- NAC 645F.445Authority of examiner, auditor or investigator.
- NAC 645F.450Rating of licensee upon completion of examination.
- NAC 645F.455Results of examination: Preparation and review of draft report; final report; confidentiality; action by Commissioner.
- NAC 645F.460Annual financial statement.
- NAC 645F.465“Separate trust account” interpreted for purpose of compliance with
- NAC 645F.470Required financial statements for separate trust accounts.
- NAC 645F.475Retention and maintenance of certain records; “complete and suitable records” interpreted.
- NAC 645F.480Records of Commissioner: General provisions governing public inspection, confidentiality and disclosure of information relating to investigations, examinations and disciplinary actions.
- NAC 645F.485Confidentiality of certain records and information.
- NAC 645F.500Requirements for initial licensure.
- NAC 645F.505Requirements for continuing education.
- NAC 645F.510Course material for initial licensure and continuing education: Approved subjects.
- NAC 645F.515Approval of provider: Application; appeal of denial of approval.
- NAC 645F.520Approval of provider: Notice of material change in information provided in application for approval; qualification for and denial of renewal of approval.
- NAC 645F.525Approval of individual courses; appeal of denial of approval; restricted attendance; policy of provider concerning cancellations and refunds.
- NAC 645F.530Annual approval and content of courses; unacceptable courses.
- NAC 645F.535Prerequisites to approval of computer-based distance education course.
- NAC 645F.540Renewal of approval of approved courses; review and audit of approved courses and instructors by Commissioner.
- NAC 645F.545Withdrawal of approval of approved courses.
- NAC 645F.550Approved providers: Maintenance and availability of certain records; provision of evidence of licensure to Commissioner.
- NAC 645F.555Approved providers: Misrepresentation in advertising prohibited.
- NAC 645F.560Providers of approved courses: Employment of instructors; miscellaneous duties and restrictions.
- NAC 645F.565Instructors: Requirements for and restrictions on approval; periodic review and evaluation; credit for continuing education.
- NAC 645F.570Instructors: Denial or withdrawal of approval; appeal.
- NAC 645F.575Instructors: Duties.
- NAC 645F.580Evaluation of approved courses and instructors by students; provision of certificates of completion.
- NAC 645F.585Certificates of completion of approved courses: Prerequisites for receipt; review of denial.
- NAC 645F.590Credit for approved course of continuing education: Prerequisites for receipt.
- NAC 645F.600Advertising: Requirements; restrictions.
- NAC 645F.605Surety bonds: Duty of independent licensee to deposit bond with Commissioner; persons to be named as principals on bond; form and amount of bond.
- NAC 645F.610Surety 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.
- NAC 645F.615Surety bonds: Cancellation of bond.
- NAC 645F.620Surety bonds: Action on bond.
- NAC 645F.625Surety bonds: Miscellaneous provisions.
- NAC 645F.630Contract to provide covered services: Required contents.
- NAC 645F.635Contract to provide covered services: Rescission of contract by homeowner; notification of rescission.
- NAC 645F.640Contract to provide covered services: Cancellation of contract by homeowner; notification of cancellation.
- NAC 645F.645Contract to provide covered services: Translation into language other than English.
- NAC 645F.650Contract to provide covered services: Disclosure of certain business and professional relationships required.
- NAC 645F.655Contract to provide covered services: Waiver of provisions and limitation of liability of licensee prohibited; mandatory arbitration voidable by homeowner.
- NAC 645F.660Prohibition against guarantee or warranty.
- NAC 645F.665Prohibited acts by licensee.
- NAC 645F.670Fiduciary obligation of licensee.
- NAC 645F.675Foreclosure purchases: Written contract required.
- NAC 645F.680Foreclosure purchases: Terms to be included in contract.