Wholesale Heaven — Assignment rules in Nevada

Item	Value
Is an assignment legal here?	yes
What the matrix says about it	No Nevada statute prohibits assigning a purchase contract. Licensing attaches to acting for ANOTHER for compensation (NRS 645.030 definition of real estate broker).
Marketing rule the gate enforces	`contract_only`
What that means in practice	Market the assignable contract. NRS 645.030 defines a broker as one who, for another and for compensation, sells, exchanges, lists, or negotiates the purchase/sale of real estate; NRS 645.230 bars unlicensed practice.
What triggers a licence requirement	Acting for another for compensation (NRS 645.230). Separately, performing a 'covered service' for a homeowner in foreclosure for compensation requires a NRS 645F licence from the Mortgage Lending Division.
Written seller disclosure required?	yes
Basis for the disclosure	No NV wholesaling-specific statute; equitable-interest disclosure is included as a contract term and anti-deception measure.
Statutory wording required?	no
F5259 bucket	GO_WITH_CONDITIONS
Condition the gate enforces	Market the contract, not the property (NRS 645.030/.230). NRS 645F covered-service rules attach on pre-foreclosure.
Verification status	PRIMARY_STATUTE
Attorney review required before first use?	yes

Lead class	Verdict
land	GO_WITH_DISCLOSURE
preforeclosure non owner occupied	GO_WITH_DISCLOSURE
preforeclosure owner occupied	GO_WITH_DISCLOSURE
probate	GO_WITH_DISCLOSURE
tax delinquent	GO

Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.

Assignments in Nevada (NV)

Verdict by lead class

Primary sources