NAC 645.455 Approval and accreditation of courses; certificate of completion; appeal +10Nevada · Real Estate · English

CE course applications must be submitted to the Division on a provided form. Retroactive approval may be granted. Credit is granted only if the course is at least 3 hours of distance education or 1 hour of classroom instruction, with specific sponsor requirements for each format.

• ✓Course must be at least 3 hours distance education or 1 hour classroom
• ✓Classroom sponsors must certify attendance and maintain records 4 years
• ✓Distance education requires closed-book proctored final exam with 75% passing score
• ✓Distance students must prove identity and complete entire course within min/max time

Approved course sponsors must provide certificates containing the sponsor name, licensee name/number, credit hours, dates/completion date, course title, Division course number and approval statement, authorized signature, exam result statement, and instruction delivery method.

• ✓Certificate must include sponsor name and licensee name/license number
• ✓Certificate must include Division-assigned course number and approval statement
• ✓Sponsor must electronically submit roster to Division within 3 business days of completion
• ✓Roster errors must be corrected within 5 business days of notification

An applicant may appeal a denied CE course approval by filing an appeal with the Commission within 30 days of receiving denial notice. The Commission holds a hearing and either affirms or reverses the Division's decision.

• ✓Appeal must be filed within 30 days of denial notification
• ✓Commission holds a hearing and either affirms or reverses the denial

Broker-salesperson/salesperson licenses are mailed to and kept in custody of the broker or owner-developer. Brokers must conspicuously display their license, obtain additional licenses for each branch office, and maintain associates' licenses available for public/Division inspection during business hours.

• ✓Associate licenses must be kept in custody and control of the broker or owner-developer
• ✓Brokers must display their license conspicuously in each place of business including branch offices
• ✓Licenses must be kept secure and made available for inspection by public and Division during usual business hours

If a licensee fails to renew before the license expires, they cannot engage in real estate business until reinstated. Reinstatement requires applying, paying fees, passing the examination if required, and submitting other information including current fingerprint cards.

• ✓A licensee who fails to file renewal before expiration cannot engage in the real estate business until reinstated
• ✓Reinstatement may require passing the examination
• ✓The Division shall not renew an active license without proof of continuing education compliance

Within 10 days after a change of association (other than termination), name, business location, or status, the licensee must submit a change request on a Division form and pay required fees. The receipt serves as a temporary working permit pending the new license.

• ✓Licensee must submit a change request within 10 days of a change in association, name, location, or status
• ✓The Division receipt constitutes a temporary working permit pending the requested license
• ✓A broker may change status to broker-salesperson by filing an application

When a broker-salesperson or salesperson terminates association, the broker or owner-developer must file a notice of termination with the Division. The licensee may personally deliver the license if submitting the completed, signed notice of termination. If the broker fails to comply timely, the licensee may apply for administrative termination.

• ✓The broker/owner-developer must file a notice of termination with the Division
• ✓A licensee may apply for administrative termination if the broker does not comply timely
• ✓Personal delivery of the license requires the signed original notice of termination

A licensee on inactive renewed status may apply to reinstate to active status with required fees, recovery fund fee evidence, financial statement (brokers), and continuing education evidence. If inactive more than 2 years, must also show competency and pass an examination with a score of at least 75 percent.

• ✓If inactive more than 2 years, the licensee must pass an examination with at least 75 percent
• ✓Inactive renewed status licensees must apply for renewal on or before each anniversary
• ✓Reinstatement applications are reviewed using the same standards as original applicants
• ✓A broker reinstatement requires a completed financial statement

If a broker fails to renew, associated licensees who have renewed are immediately placed on inactive renewed status. They may transfer to another broker within 30 days, or reactivate if the broker reinstates within 30 days. After 30 days, only reinstatement under NAC 645.325 applies.

• ✓Associated licensees are immediately placed on inactive renewed status if their broker fails to renew
• ✓Licensees have 30 calendar days to transfer to another broker or reactivate
• ✓After 30 days a licensee may only reinstate pursuant to NAC 645.325

Upon the death of a licensee, the license automatically expires. Upon death of a person acting as broker of a brokerage, another Nevada licensed broker may submit an affidavit to act as broker for not more than 60 days; notice must be submitted in writing within 7 business days.

• ✓Upon the death of a licensee, the license automatically expires
• ✓A replacement broker may act for not more than 60 days after the death of the acting broker
• ✓Notice of appointment must be submitted in writing within 7 business days after the death

The Division may involuntarily inactivate a license if the broker discontinued business at the registered address, the licensee is no longer associated with a broker, the licensee fails to inform the Division of an address change within 10 days, the renewal fee is unpaid, or the licensee fails to submit required change requests.

• ✓Failure to inform the Division within 10 days of a business address change is grounds for involuntary inactivation
• ✓Nonpayment of the renewal fee is grounds for involuntary inactivation
• ✓A license involuntarily inactivated must satisfy NAC 645.325 reinstatement requirements

A broker designated by a partnership, LLC, or corporation may also obtain an individual license. Separate offices, records, and trust accounts must be maintained. Disciplinary penalties apply to both licenses. A partnership/LLC/corporation may not serve as a salesperson except per specific statute.

• ✓A partnership, LLC or corporation may not serve as a salesperson or broker-salesperson except as provided by specific statute
• ✓Revocation, suspension, or penalty applies to both licenses of a dually licensed broker
• ✓A dually licensed broker is considered only one licensee for disciplinary action or recovery fund claims
• ✓Separate records and separate trust accounts must be maintained for independent business

A course cannot be taken for credit more than once per licensing period. Courses must be completed within 2 years before renewal/reinstatement. Credit requires certification of at least 90% attendance. Sponsors determine if a final exam is required.

• ✓A course counts only once per licensing period
• ✓Courses must be completed within 2 years before renewal/reinstatement
• ✓Licensee must attend and complete at least 90% of the course for credit
• ✓Sponsor determines whether a final examination is required

The Administrator may designate Division-sponsored courses for delivery by distance education. Distance credits may be applied toward classroom credit requirements. The Division must issue credit for instructor development courses delivered by distance education despite the general prohibition.

• ✓Administrator may designate Division courses for distance education delivery
• ✓Distance credits may count toward classroom credit requirements
• ✓Instructor development courses via distance education receive credit

Approved CE course materials must state that the course is approved in Nevada, the number of credit hours, the sponsor's Division-assigned number, and the delivery method. Professional organization sponsors cannot restrict attendance to members.

• ✓Materials must state Nevada approval, credit hours, sponsor number, and delivery method
• ✓Professional organizations cannot restrict CE attendance to members only

CE course sponsors must notify the Division as soon as possible if a course is cancelled. Advertising, brochures and registration forms must contain in writing the sponsor's cancellation and refund policy.

• ✓Sponsor must notify Division promptly of course cancellation
• ✓Advertising/registration materials must state cancellation and refund policy in writing

The Commission grants up to 6 hours of CE per licensing period for attending Commission meetings, provided it is not a disciplinary hearing involving the licensee, lasts at least 3 hours, and the Division certifies attendance.

• ✓Maximum 6 hours CE credit per licensing period for meeting attendance
• ✓Meeting must not be a disciplinary hearing involving the licensee
• ✓Meeting must last at least 3 hours and Division must certify attendance

Any person who charges or collects an advance fee must furnish the client an accounting of the use of that money within 3 months of the charge or collection. The Division may also demand an accounting of advance fees collected.

• ✓An accounting of advance fee use must be provided within 3 months of collection
• ✓The Division may demand an accounting of advance fees at any time
• ✓A license is required to accept an advance fee listing

The Commission may require specified forms of brokerage agreements with advance fee provisions and require reports and accounting forms. Licensees must maintain each brokerage agreement for Division review and audit. Any violation of Commission rules/orders is grounds for disciplinary action.

• ✓Licensees must maintain each brokerage agreement for Division review and audit
• ✓The Commission may prescribe forms for advance fee brokerage agreements
• ✓Violation of Commission rules on advance fees is grounds for discipline

Every real estate broker must maintain a definite physical place of business in Nevada used for real estate transactions, where the license is displayed. The office must be specified in the application and designated in the license; no business may be transacted from any other office.

• ✓Broker must have and maintain a definite place of business within the State
• ✓No license authorizes transacting business from any office other than that designated in the license
• ✓Cities, towns, or counties may require a local business license for revenue purposes

The salesperson prelicensing course must consist of at least 120 hours of classroom lectures or equivalent distance education, divided among specific subjects: 45 hours principles/practices, 45 hours law/regulation/ethics, 15 hours contracts, and 15 hours agency.

• ✓The course must consist of at least 120 hours of classroom lectures or equivalent
• ✓At least 45 hours on principles and practices (21 brokerage/agency, 12 valuation, 12 finance)
• ✓At least 45 hours on property law, regulation, and ethics
• ✓At least 15 hours on contracts and at least 15 hours on agency

First-time licensee means a licensee who at issuance has not held a Nevada real estate license within the preceding 5 years. Initial license is the first issuance to a first-time licensee. Rural area means an area more than 100 miles from a Nevada city with population 40,000 or more.

• ✓First-time licensee has not held a Nevada license within the immediately preceding 5 years
• ✓Rural area means more than 100 miles from a Nevada city of 40,000 or more population
• ✓Initial license is the first issuance to a first-time licensee

A school offering original licensing courses must apply annually to the Division for approval with detailed information. Approved schools must maintain student attendance and certification records for 7 years, furnish transfer records, and provide transcripts on request.

• ✓Schools must apply for approval annually
• ✓Schools must maintain student records for 7 years after enrollment
• ✓To pass a course, a student must earn at least 75 percent of points possible for the entire course
• ✓Schools must notify the Division within 15 days of material changes affecting approval

A broker management course to fulfill original license requirements under NRS 645.343(2)(e) must be approved by the Division and include specific hour allotments totaling 45 hours across nine subject areas including office policy, business plans, forms, financing, laws, professional relationships, valuation, and emerging trends.

• ✓Broker management course must include 6 hours on office policy, risk management, and compensation
• ✓Must include 6 hours on state/local laws and 6 hours on federal laws
• ✓Must include 3 hours on business plans and 6 hours on emerging trends
• ✓Nevada System of Higher Education courses are accepted without prior approval if they meet minimum hours/subjects

For correspondence courses fulfilling original license requirements, each student must take a proctored closed-book final examination, take two additional progress examinations/quizzes, prove identity before any examination, and complete the course within established time limits.

• ✓Students must take a proctored closed-book final examination
• ✓Students must take two progress examinations or quizzes in addition to the final
• ✓Students must prove identity before taking any examination
• ✓A portion of a course does not satisfy license requirements

The Division will not accept 'cram courses' designed to prepare students for examination. Courses developing clerical/office/business skills unrelated to real estate activities (typing, computers, memory) and business courses in advertising or psychology are not acceptable for original licensing education.

• ✓Cram courses designed to prepare students for the examination are not accepted for original licensing
• ✓Clerical, office or business skill courses unrelated to real estate activities are not accepted
• ✓Business courses in advertising or psychology are not accepted

An instructor must have written Division approval before teaching an approved course. Without Commission approval, the Division shall not approve someone disciplined within the preceding 5 years or more than once, or found to have violated real estate statutes. Instructors need specific qualifications combining degrees and experience.

• ✓An instructor must have written Division approval before teaching an approved course
• ✓The Division cannot approve (without Commission approval) a person disciplined within the preceding 5 years or more than once
• ✓Qualifying instructors need a bachelor's degree plus 2 years experience, or specified alternative combinations
• ✓Denial of instructor approval may be appealed to the Commission within 30 days

An applicant must have a good reputation for honesty/trustworthiness/integrity, make no false material statements, be competent to safeguard the public, pass the examination, and submit all required information. The Division may deny a license for convictions of fraud-related crimes or moral turpitude and cannot issue for at least 3 years after completion of the sentence/fine.

• ✓Applicants must pass the exam and demonstrate honesty, competence, and integrity
• ✓The Division may deny for fraud-related crimes or crimes of moral turpitude
• ✓No license issued until at least 3 years after paying fines/completing sentence for disqualifying crimes

Except under reciprocity, a person may not be licensed as a broker unless actively engaged as a full-time licensed broker-salesperson/salesperson in Nevada, or full-time licensed broker/broker-salesperson/salesperson in another state or D.C., for at least 2 of the 4 years immediately preceding issuance of a broker's license.

• ✓Broker applicants need at least 2 of the preceding 4 years of full-time licensed experience
• ✓Experience may be from Nevada or another state/D.C.
• ✓Prior suspension/revocation in any state is grounds for refusal of a license

An original salesperson applicant must complete at least 120 hours of instruction in real estate principles, practices, procedures, law, and ethics, including disclosure of required information, at least 15 hours in contract preparation, and at least 15 hours on agency.

• ✓Salesperson applicants need at least 120 hours of qualifying real estate instruction
• ✓At least 15 hours must be on contract preparation
• ✓At least 15 hours must be on agency

A salesperson applicant need not pass the uniform national exam portion if they hold a good-standing license in another jurisdiction with substantially equivalent requirements and passed that exam. The Division may issue broker/broker-salesperson licenses by reciprocity if a reciprocal agreement exists and the out-of-state license is in good standing.

• ✓Salesperson applicants from equivalent jurisdictions may skip the uniform national exam portion
• ✓Broker reciprocity requires a reciprocal agreement and a good-standing out-of-state license
• ✓Reciprocal agreements require substantially similar real estate practice provisions

An original broker/broker-salesperson applicant must complete specified college-level units (real estate law including 18 classroom hours of Nevada law, principles, appraisal/business, broker management, contracts, and agency) plus 64 semester units of college-level courses. Active experience credit (16 units per 2 years, up to 8 years) applies but not to broker management or Nevada law hours.

• ✓Broker applicants must complete 64 semester units of college-level courses
• ✓Real estate law course must include at least 18 classroom hours of Nevada law
• ✓Experience credit cannot apply to broker management or the 18 hours of Nevada law

Applications must be submitted in writing on Division forms including name/age/address, business name, place of business, prior experience, criminal history, and prior license refusals/revocations. Salesperson applicants must provide a verified statement from their associating broker. Applicants must pay for and submit fingerprints for a background investigation.

• ✓Salesperson/broker-salesperson applicants need a verified statement from their associating broker
• ✓Applicants must submit fingerprints and pay for a background investigation
• ✓Fictitious business names cannot include a salesperson's or broker-salesperson's name (except per 645.387)

An LLC, partnership, or corporation doing business as a broker must designate a manager/member/officer to obtain a broker's license on the entity's behalf. Other members/officers performing broker acts must obtain separate individual broker licenses. The Division may waive these requirements by regulation. A sole shareholder or LLC manager may be licensed as a broker-salesperson/salesperson on behalf of the entity.

• ✓Entities doing business as broker must designate one manager/member/officer for the broker license
• ✓Other entity members/officers performing broker acts need separate individual broker licenses
• ✓A sole shareholder or LLC manager may be licensed to associate with a broker as a broker-salesperson/salesperson

Upon passing the exam and meeting requirements, the Division grants the license. Applications must be acted upon within 60 days (extendable for investigation). The initial license period is 12 months; subsequent periods are 24 months. Denial requires notice within 15 days, and applicants may request a hearing. False material statements are grounds for refusal.

• ✓The Division must act on applications within 60 days of a completed application
• ✓The initial license period is 12 months; renewals are for 24-month periods
• ✓Denied applicants may request a hearing within 30 days of the denial notice

No depository financial institution (bank, savings & loan, credit union, thrift, etc.) or its holding company, parent, subsidiary, or affiliate may be directly or indirectly licensed to sell real estate in Nevada, maintaining separation between banking and real estate.

• ✓Depository financial institutions cannot be licensed to sell real estate in Nevada
• ✓The prohibition extends to holding companies, parents, subsidiaries, and affiliates
• ✓The purpose is to prevent unfair competition against real estate brokers/salespersons

An applicant must submit a statement regarding child support obligations. A license may not be issued or renewed if the applicant fails to submit the statement or is subject to a child support order and not in compliance. The Division advises non-compliant applicants to contact the district attorney to satisfy arrearages.

• ✓Applicants must submit a child support compliance statement
• ✓A license cannot be issued/renewed if the applicant is not in compliance with a child support order
• ✓This requirement ties to federal law under 42 U.S.C. § 666

No license may be issued to a resident of another state until the applicant appoints the Administrator in writing as agent for service of process. The applicant must agree that process served on the Administrator has the same legal validity as if served on the applicant.

• ✓Nonresident applicants must appoint the Administrator as agent for service of process
• ✓Process served on the Administrator has the same validity as service on the applicant
• ✓This is a prerequisite to issuing a license to an out-of-state resident

A registered owner-developer may employ licensed salespersons to sell unsold single-family residences within its registered area, but only if a qualified broker-salesperson serves as sales manager. Registration is by application and annual renewal. The sales manager must have at least 2 years of experience in the preceding 4 years and notify the Division of association/termination.

• ✓An owner-developer must have a qualified broker-salesperson as sales manager to employ salespersons
• ✓The sales manager needs at least 2 years of experience in the preceding 4 years
• ✓Owner-developer registration is renewed annually

Before the first meeting of each fiscal year the Commission prepares a budget for Fund expenditures. For petitions against the Fund, the Administrator requests the court require examination of the judgment debtor unless the debtor cannot be found, has filed bankruptcy, or good cause exists.

• ✓Commission prepares annual Fund budget before first fiscal year meeting
• ✓Petitioner generally must show examination of judgment debtor per NRS 21.270-21.340
• ✓Examination excused if debtor unfindable, in bankruptcy, or for good cause

'Unpaid actual damages' under NRS 645.844 excludes attorney's fees, prejudgment interest and court costs. The Administrator may compromise claims by stipulation, but must advise the petitioner in writing that the Division does not represent them and they should seek independent counsel.

• ✓'Unpaid actual damages' excludes attorney fees, prejudgment interest, and court costs
• ✓Administrator must advise petitioner Division does not represent their interests
• ✓Petitioner should be advised to seek independent legal counsel

Each licensed broker must erect and maintain a conspicuous sign at the place of business showing the broker's name or business name as set forth in the license. Similar signs are required at all branch offices, conforming to Commission regulations for size and placement.

• ✓Sign must clearly show broker's name or business name as in the license
• ✓Sign size and placement must conform to Commission regulations
• ✓Similar signs required at all branch offices

Each first-time licensee must take a prescribed postlicensing course focusing on practical applications, completed within the first year after initial licensing through live instruction (with rural exceptions). The curriculum must contain at least 15 modules covering topics like contracts, listings, agency, disclosures, and financing.

• ✓First-time licensees must complete postlicensing education within the first year after initial licensing
• ✓The postlicensing curriculum must contain at least 15 modules
• ✓Postlicensing must be provided through live instruction (rural licensees may use distance education with prior approval)
• ✓Courses approved for postlicensing will not be accepted or approved as continuing education

A salesperson renewing must complete at least 36 hours of continuing education including 3 hours agency relationships, 3 hours Nevada law, 6 hours contracts, 3 hours ethics, 3 hours risk reduction, and 18 hours designated areas, before the end of each 2-year renewal period.

• ✓Salesperson must complete at least 36 hours of continuing education per 2-year renewal period
• ✓Required breakdown: 3 agency, 3 Nevada law, 6 contracts, 3 ethics, 3 risk reduction, 18 designated areas
• ✓At least 50 percent of required hours must be through live instruction (rural exception applies)

A broker or broker-salesperson renewing must complete at least 36 hours including 3 hours agency, 3 hours Nevada law, 6 hours contracts, 3 hours ethics, 6 hours broker management, 3 hours risk reduction, and 12 hours designated areas.

• ✓Broker/broker-salesperson must complete at least 36 hours per 2-year renewal period
• ✓Broker breakdown includes 6 hours of broker management (unlike salesperson)
• ✓CE requirements do not apply to renewal upon expiration of the initial license

The postlicensing requirement does not apply to a first-time licensee who holds an out-of-state real estate license, held a Nevada license within the preceding 5 years, or is a broker-salesperson who obtained qualifications under NRS 645.343(4).

• ✓Exemption applies to a first-time licensee holding a license from another state/territory/DC on the date of Nevada licensure
• ✓Exemption applies to those who held a Nevada license within the preceding 5 years
• ✓Exemption applies to broker-salespersons qualified under NRS 645.343(4)

Educational requirements for reinstatement vary by inactive period. If inactive less than 2 years, complete postlicensing or 36 hours CE as applicable. If inactive 2 years or more, complete postlicensing plus an additional 36 hours CE. Courses must be completed within the 2 years immediately preceding reinstatement application.

• ✓Courses used for reinstatement must be completed within the 2 years immediately preceding application
• ✓Inactive 2 years or more requires postlicensing plus an additional 36 hours of CE (if postlicensing was required)
• ✓At least 50 percent of CE hours must be through live instruction (rural exception)

Sponsors must certify attendance, maintain records for at least 4 years, ensure an approved instructor presides, require a proctored closed-book final examination with a score of at least 75 percent, and provide a certificate of completion with prescribed information.

• ✓Sponsors must maintain attendance records for at least 4 years
• ✓A closed-book proctored final examination requiring at least 75 percent is required
• ✓The Division shall not grant retroactive approval for a postlicensing course
• ✓Sponsors of a professional organization cannot restrict postlicensing attendance to members only

The Division may withdraw or refuse to renew course approval for poor quality curriculum, chapter violations, false statements, dishonored checks, consistent cancellations, or violations of accessibility/anti-discrimination laws. Course approval is effective for 1 year, and renewal applications must be filed at least 2 weeks before expiration.

• ✓Course approval is effective for 1 year after original approval or renewal
• ✓Renewal applications must be filed at least 2 weeks before the previous approval expires
• ✓Poor quality instruction, false statements, and dishonored checks are grounds for withdrawal
• ✓A licensee sponsoring an approved course is subject to disciplinary action for dishonest/fraudulent conduct