Nevada License Law
What are the grounds for license revocation (versus suspension) under NRS 645 in Nevada?
ABoth revocation and suspension are identical penalties
BRevocation (permanent loss) may occur for severe violations such as fraud, misappropriation of funds, or multiple prior violations; suspension is temporary and for less severe conduct✓ Correct
CRevocation requires a criminal conviction; suspension requires only an NRED finding
DOnly the Nevada Real Estate Division (not the Commission) can revoke a license
Explanation
The Nevada Real Estate Commission may impose a range of penalties. Revocation is the permanent loss of a license and is reserved for the most serious violations (fraud, misappropriation, pattern of misconduct). Suspension is temporary. The Commission considers the severity and history of violations.
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