1. 1. Within the meaning of this chapter, a “real estate broker-salesperson” is any person who holds a real estate broker’s license, or who has passed the real estate broker’s examination, but who, as an employee or as an independent contractor, for compensation or otherwise, is associated with:

   1. (a) A licensed real estate broker in the capacity of a salesperson, to do or to deal in any act, acts or transactions included within the definition of a real estate broker in NRS 645.030; or
   2. (b) A registered owner-developer in the capacity of a sales manager in accordance with NRS 645.283 and 645.289.
2. 2. In this chapter, the term “real estate salesperson” includes “real estate broker-salesperson” when applicable.

(Added to NRS by 1957, 337; A 1975, 793, 1541; 1977, 928; 1981, 1605; 1985, 312; 2005, 1286)