Nevada License Law

What are the consequences for practicing real estate without a license in Nevada?

AA minor administrative fine from NRED
BUnder NRS 645, unlicensed practice is a misdemeanor for the first offense and a gross misdemeanor for subsequent offenses; the unlicensed person cannot recover any compensation for real estate services performed✓ Correct
CThe only penalty is a 30-day license suspension
DThe court can issue a cease and desist order but no criminal penalties apply

Explanation

Practicing real estate without a license in Nevada violates NRS 645 and is a criminal offense. First offense: misdemeanor (up to $1,000 fine, 6 months jail). Subsequent offenses: gross misdemeanor (higher penalties). Unlicensed persons cannot legally collect commissions or fees for real estate services performed while unlicensed — courts will not enforce compensation contracts with unlicensed persons. This applies to individuals who help others buy/sell/lease property for compensation without holding a current Nevada license.

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