A client may choose to waive the broker’s duty to present all offers by signing a waiver on a form, the “WaiverForm,” prescribed by the Division. Concurrent with the option of a client to waive the duty of his/her broker topresent all offers is the form “Authorization to Negotiate Directly […]

A Nevada licensee who has entered into a brokerage agreement to represent a client in a real estatetransaction shall: Exercise reasonable skill and care to carry out the terms of the brokerage agreement and the licensee’s duties in the brokerage agreement; Not disclose, except to the licensee’s broker, confidential information […]

The disclosure form must be presented to the client before any documents are signed by the client.

A licensee who acts as an agent in a real estate transaction must disclose to each party for whom thelicensee is acting as an agent and any unrepresented party all duties owed to the parties and the licensee’srelationship as an agent to each party in the transaction.

The purpose of the Duties Owed form is to make the buyer or seller aware of obligations owed by a real estate licensee to all parties involved in the transaction.