Nevada License Law
A Nevada broker's license is revoked by NRED. The broker's affiliated sales agents may:
AContinue working under the revoked broker for 90 days
BTransfer their licenses to another licensed broker immediately✓ Correct
CContinue working independently without a broker for 30 days
DAutomatically receive broker licenses to continue operating
Explanation
When a Nevada broker's license is revoked or suspended, affiliated sales agents cannot legally operate under that broker. They must transfer their licenses to another licensed broker to continue practicing. Nevada law allows for an expedited license transfer process in such circumstances. Agents should not conduct any real estate transactions during a broker revocation until the transfer is complete, as they would be operating without proper supervision.
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