Agency
What is 'procurement' and 'procuring cause' in Nevada real estate?
AProcurement is the process of obtaining a real estate license in Nevada
BProcuring cause is the agent whose efforts were the primary, uninterrupted cause that ultimately resulted in a successful transaction — it determines which agent is entitled to a commission when there is a dispute✓ Correct
CProcuring cause only applies to listing agents in Nevada
DProcurement is a NRED term for obtaining property disclosures
Explanation
Procuring cause determines commission entitlement when multiple agents claim credit for a sale. The procuring cause is the agent who initiated the chain of events that directly and uninterruptedly led to the completed transaction. NAR arbitration guidelines and Nevada practice use this standard to resolve commission disputes. Factors include: who showed the property, who negotiated the offer, was there a break in the agent-buyer relationship. Procuring cause disputes are common when buyers switch agents mid-transaction.
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