NRS 645.332
Applicants licensed in another jurisdiction: Exemption from certain examination requirements

  • issuance of license as broker or broker-salesperson by reciprocity.

1.

An applicant for a license as a real estate salesperson is not required to pass the uniform portion of a national real estate examination otherwise required by NRS 645.330 and 645.460 if:

(a)

The applicant holds a license in good standing as a real estate broker, broker-salesperson or salesperson issued by another state or territory of the United States, or the District of Columbia;

(b)

The requirements for licensure as a real estate salesperson issued in that state or territory of the United States, or the District of Columbia, are substantially equivalent to the requirements in this State for licensure as a real estate salesperson; and

(c)

The applicant has passed the examination in that state or territory of the United States, or the District of Columbia.

2.

The Division may issue a license as a real estate broker or broker-salesperson to a person who holds a license as a real estate broker or broker-salesperson, or an equivalent license, issued by a state or territory of the United States, or the District of Columbia, if that state or territory, or the District of Columbia, has entered into a reciprocal agreement with the Commission for the issuance of licenses pursuant to this chapter and the person submits proof to the Division that:

(a)

The person has been issued a license as a real estate broker or broker-salesperson, or an equivalent license, by that state or territory of the United States, or the District of Columbia; and

(b)

At the time the person files an application with the Division, the license is in good standing.

3.

The Division may refuse to issue a license as a real estate broker or broker-salesperson pursuant to subsection 2 to a person who has committed any act or offense that would be grounds for denying a license to an applicant or taking disciplinary action against a licensee pursuant to this chapter.

4.

The Commission shall not enter into a reciprocal agreement pursuant to subsection 2 unless the provisions relating to the practice of real estate, including the requirements for the licensing of real estate brokers and real estate broker-salespersons in the other state or territory of the United States, or the District of Columbia, are substantially similar to the provisions relating to the practice of real estate in this State.

Source: Section 645.332 — Applicants licensed in another jurisdiction: Exemption from certain examination requirements; issuance of license as broker or broker-salesperson by reciprocity., https://www.­leg.­state.­nv.­us/NRS/NRS-645.­html#NRS645Sec332.

645.330
General qualifications of applicant 645.332
Applicants licensed in another jurisdiction: Exemption from certain examination requirements 645.335
Depository financial institution prohibited from being licensed. 645.343
Educational requirements 645.345
Regulations of Division concerning schools and courses of instruction in principles and practice of real estate 645.350
Application: Form and contents. 645.355
Investigation of applicant’s background 645.358
Payment of child support: Submission of certain information by applicant 645.370
Issuance of license to certain organizations doing business as broker 645.380
Issuance of license as broker required for certain members and officers of certain organizations. 645.387
Issuance of license as broker-salesperson or salesperson to sole shareholder of corporation on behalf of corporation or to manager of limited-liability company on behalf of company 645.400
Additional information concerning applicants may be required by Division 645.410
Regulations concerning fees for examination 645.420
Action on application by Division 645.430
Restrictions on reapplication after applicant denied license on ground other than failure of examination. 645.440
Denial of application: Notice 645.450
Time for examinations. 645.460
Examination: Subjects covered 645.475
Examination for license as broker may be taken before meeting requirements for experience 645.490
Issuance of license 645.495
Nonresident licensee to authorize service of process upon Administrator. 645.510
Authority of license limited to person or place of business licensed. 645.520
Form and contents 645.530
Delivery 645.550
Broker to maintain place of business 645.560
Broker: Erection, maintenance, size and placement of signs. 645.570
Notice of change of name, location of business or association 645.575
Continuing education: Standards 645.577
Placement of license on inactive status 645.580
Termination of association or employment of broker-salesperson or salesperson 645.590
Termination of association by broker with limited-liability company, partnership or corporation 645.600
Inactive status for period of military service 645.605
Certificate authorizing out-of-state licensed broker to cooperate with broker in Nevada: Issuance 645.6051
Broker to maintain record of work performed on residential property
Last Updated

Feb. 5, 2021

§ 645.332’s source at nv​.us