Nevada License Law
In Nevada, which of the following is NOT grounds for license revocation or suspension by NRED?
AMisrepresentation in a real estate transaction
BCommingling client funds with personal funds
CFailing to disclose a known material defect
DAdvertising a property at a higher price than listed✓ Correct
Explanation
Advertising a property at a higher price than listed, while unusual, is not specifically listed as a licensing violation. Misrepresentation, commingling of funds, and failure to disclose material defects are all grounds for disciplinary action under NRS 645.
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