Agency
In Nevada, what is 'transaction brokerage' (also called 'non-agency' or 'facilitator' relationship)?
AA relationship where the broker represents both buyer and seller as a dual agent
BA relationship where the licensee assists both parties with administrative tasks but does not represent either party as a fiduciary agent✓ Correct
CA relationship exclusively available to commercial real estate transactions
DAn illegal practice prohibited under NRS 645
Explanation
Nevada allows licensees to act as 'transaction brokers' (facilitators) who assist both buyer and seller without creating a fiduciary agency relationship with either party. In this role, the licensee provides ministerial acts — filling out forms, scheduling inspections, coordinating closing — without owing the full fiduciary duties of an agent. This must be disclosed in writing. Nevada's NRS 645.252 governs disclosure requirements for all agency relationships including transaction brokerage.
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