1. 1. A provisional licensee shall not:

   1. (a) Conduct sales-related activities unless the provisional licensee is:

      1. (1) Under the supervision of:

         1. (I) His or her project broker; or
         2. (II) A person licensed pursuant to chapter 645 of NRS.
      2. (2) At the principal place of business or a branch office of the project broker or person licensed pursuant to chapter 645 of NRS or at the physical location of a time-share development.
   2. (b) Collect personal information from a prospective purchaser or purchaser of a time share.

2. 2. A project broker or person licensed pursuant to chapter 645 of NRS shall not grant to a provisional licensee:

   1. (a) Access to a time-share lockbox; or
   2. (b) The ability to enter a private residence or a time-share unit that an unlicensed person otherwise would not have.

3. 3. A project broker or a person licensed pursuant to chapter 645 of NRS shall:

   1. (a) Supervise the provisional licensee; and
   2. (b) Review and approve in writing any contract prepared by the provisional licensee that relates to the sale of a time share.
4. 4. A provisional licensee may receive a commission for the sale of a time share in which the provisional licensee is involved.

5. 5. As used in this section:

   1. (a) “Personal information” has the meaning ascribed to it in NRS 603A.040.
   2. (b) “Provisional licensee” means an applicant who receives a provisional sales agent’s license from the Division pursuant to NRS 119A.233.

(Added to NRS by 2007, 807; A 2013, 1583)