Nevada Administrative Code
Chapter 692A - Title Insurance
Section 692A.055 - Licensing of title agents: Required experience; proof of experience

Universal Citation: NV Admin Code 692A.055

Current through September 16, 2024

1. A person who wishes to obtain a license as a title agent must:

(a) Have at least 1 year of recent experience relating to title insurance of a nature sufficient to allow the person to fulfill the responsibilities of a title agent; or

(b) Attain a score of 70 or more on an examination on the subject of title insurance prescribed by the Commissioner within 1 year immediately preceding the date of the application for the license.

2. Except as otherwise provided in subsection 3, an applicant for a license as a title agent must submit to the Commissioner proof of the experience required by this section in the form of a statement from each employer with whom the applicant claims to have obtained the experience. Each statement must be signed and attested to by the employer and include:

(a) The name and address of the employer;

(b) The name and title of the immediate supervisor of the applicant, if any;

(c) A description of the duties and responsibilities of the applicant during his or her employment and their relation to title insurance;

(d) The period during which the applicant fulfilled those duties and responsibilities; and

(e) The reason the applicant left the employment of his or her employer.

3. An applicant may submit any other form of proof of his or her experience that is satisfactory to the Commissioner.

Added to NAC by Comm'r of Insurance by R121-06, eff. 9-18-2006; A by R184-22A, eff. 12/29/2022

NRS 679B.130, 692A.090, 692A.100, 692A.1033

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