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...
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...
by Steven Kitnick | Jul 3, 2017 | Licensing, Nevada Real Estate Law
No. According to the licensing dept. at the NRED, a corporate broker can only be active for ONE corporation or LLC at a time. However, that being said, there are circumstances when a broker licensee may hold dual licenses (this information can found on page 2 of...