Nevada Property Management Agreement | Commercial & Residential

A Nevada property management agreement is a legally binding contract executed by a real estate owner and a property management agency or individual. The document describes the property manager's duties, the terms under which they will rent the property to tenants, and the compensation they will receive.

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Updated June 12, 2024

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Laws

Requirements – With the exception of property owners and their regular employees, property managers must be associated with a licensed real estate broker, regardless of whether they are provided compensation or not. Furthermore, a real estate broker cannot act as a property manager unless they have a property management agreement signed by the client.^[1]^[2]

Verify a Property Manager – red.prod.secure.nv.gov