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Is commingling legal in Nevada?

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Question & Answer

Review the question and all answer choices

A

No

Correct Answer
B

Yes, under Timeshare Act

The Timeshare Act in Nevada does not provide an exception to the commingling prohibition. This option incorrectly suggests a special circumstance that doesn't exist in Nevada law.

C

Sometimes, with buyer permission

Buyer permission does not override the legal prohibition against commingling. Even with client consent, mixing personal and client funds violates Nevada real estate license law.

D

Sometimes, with seller permission

Seller permission同样不能豁免混合禁令。内华达州法律明确规定,无论获得谁同意,经纪人不得将客户资金与其个人资金混合。

Why is this correct?

Commingling is illegal.

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