NRS645.490. Issuance of license; duty of Real Estate Division; renewal of license.

      1.  Upon satisfactorily passing the written examination and upon complying with all other provisions of law and conditions of this chapter, a license shall thereupon be granted by the Division to the successful applicant therefor as a real estate broker, broker-salesperson or salesperson, and the applicant, upon receiving the license, may conduct the business of a real estate broker, broker-salesperson or salesperson in this State.

      2.  The Division shall issue licenses as a real estate broker, broker-salesperson or salesperson to all applicants who qualify and comply with all provisions of law and all requirements of this chapter.

      3.  Except as otherwise provided in NRS 645.785:

      (a) An original license as a real estate broker, broker-salesperson or salesperson must be renewed with the Division before the expiration of the initial license period of 24 consecutive months as prescribed in NRS 645.780; and

      (b) Thereafter, the license must be renewed with the Division before the expiration of each subsequent license period of 48 consecutive months as prescribed in NRS 645.780.

      [Part 14:150:1947; A 1949, 433; 1943 NCL § 6396.14] + [Part 15:150:1947; A 1955, 80]—(NRS A 1963, 672; 1979, 1545; 2001, 2893; 2003, 1291; 2009, 1938)