Nev. Admin. Code § 645.305 - Change in license

1. Within 10 days after a change of his or her association with a real estate broker, other than termination, or a change of his or her name, business location or status, the licensee shall:

(a) Submit a request to the Division to change his or her license on a form provided by the Division; and

(b) Pay the required fees.

2. If a licensee requests a change and pays the required fee, the receipt issued by the Division constitutes a temporary working permit pending receipt of the requested license.

3. A real estate broker may change his or her status to that of a real estate broker-salesperson by filing an application on a form supplied by the Division.

4. Licensees associated with a real estate broker licensed pursuant to chapter 645 of NRS as a manager of a limited-liability company, member of a partnership or officer of a corporation are not considered to have changed their association with the real estate broker if the corporation, limited-liability company or partnership designates a new real estate broker to act in the capacity of a manager of the limited-liability company, member of the partnership or officer of the corporation on or before the last date that the former real estate broker works in that capacity.

Notes

Nev. Admin. Code § 645.305

Real Estate Adv. Comm'n, § V subsecs. 1, 2 & 8, eff. 10-31-75-NAC A by Real Estate Comm'n, 8-21-81; R111-01, 12-17-2001; R031-04, 11-30-2004

NRS 645.190, 645.570