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Can I Still Renew My License Even If Some of My CE Classes Are Not Showing Up on the NRED’s “My Account”?

Can I Still Renew My License Even If Some of My CE Classes Are Not Showing Up on the NRED’s “My Account”?

by Steven Kitnick | Jul 5, 2017 | Continuing Education, Licensing, NRED "My Account", Post Licensing

Yes! According to the education dept. of the NRED, as long as you have your certificate(s) you can renew.  The NRED does not rely upon  “My Account” in determining whether you’ve met your educational requirements.  
New State Law Catches Up to Real Estate Practice – Delivery of Cancellation Upon Review of Resale Docs

New State Law Catches Up to Real Estate Practice – Delivery of Cancellation Upon Review of Resale Docs

by Steven Kitnick | Jul 3, 2017 | Nevada Real Estate Law, NRS 116 - CIC ("HOA")

SB255 amended NRS 116.4109 and now allows for the rescission (“cancellation”) of a real estate contract via electronic means after the Common-Interest Community (“CIC”) aka, “HOA” resale package has been reviewed by a Buyer.  Most...
I Didn’t Take My Postlicensing Modules & My Licensing is Expiring.

I Didn’t Take My Postlicensing Modules & My Licensing is Expiring.

by Steven Kitnick | Jul 3, 2017 | Continuing Education, Licensing, Post Licensing

According to the NRED licensing dept., “we advise licensees to renew inactive and submit Form 580 and pay the renewal fee.  No education is required to renew a license in inactive status.” You mentioned your license was expiring June 30th, so you should...
Can an Owner of a Real Estate Co. Provide the Required Financial Statement On Behalf of the Broker?

Can an Owner of a Real Estate Co. Provide the Required Financial Statement On Behalf of the Broker?

by Steven Kitnick | Jul 3, 2017 | Licensing, Nevada Real Estate Law

Oftentimes, the broker of a real estate company is not the owner.  Nevertheless, the broker must show financial responsibility in order to be licensed as the company’s broker. In some cases, a prospective broker is unable to meet the NRED’s broker...
Can a Corporate Broker of One Company be a Broker Salesman at Another Company?

Can a Corporate Broker of One Company be a Broker Salesman at Another Company?

by Steven Kitnick | Jul 3, 2017 | Licensing, Nevada Real Estate Law

No. According to the NRED, a broker cannot be active as a corporate broker for one company and be issued a broker salesperson license for another company.  They must resign as the corporate broker and submit Form 504 with Section 3 completed for a status change from...
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