Nev. Admin. Code § 645.360 - Involuntary inactivation of license: Grounds; reinstatement of license

1. The Division may involuntarily inactivate a license if:

(a) A real estate broker has discontinued business at the address at which he or she is registered;

(b) A licensee is no longer associated with a real estate broker under whom he or she is shown to be licensed;

(c) A licensee, whether active or inactive, fails to inform the Division within 10 days after a change in the address of his or her business;

(d) A licensee has not paid the renewal fee;

(e) A licensee fails to comply with subsection 2 of NRS 645.580 in a timely manner; or

(f) A licensee fails to submit a request to the Division as required by NAC 645.305 to change his or her license within 10 days after the licensee changes his or her name, business location or status.

2. A licensee whose license is involuntarily inactivated pursuant to this section must satisfy the applicable requirements for reinstatement as set forth in NAC 645.325 to have his or her license reinstated.

Notes

Nev. Admin. Code § 645.360

Real Estate Adv. Comm'n, § V subsec. 16, eff. 10-31-75-NAC A by Real Estate Comm'n, 4-27-84; R111-01, 12-17-2001; R031-04, 11-30-2004

NRS 645.190