NAC645.525. Naming of false consideration in document.

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Regardless of disclosure or any agreement on the part of the seller, a licensee shall not participate in the naming of a false consideration in any document, unless it is an obviously nominal consideration.

[Real Estate Adv. Comm’n, § VII Code of Ethics Part I subsec. 4, eff. 10-31-75]—(NAC A by Real Estate Comm’n by R031-04, 11-30-2004)

                    
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