Nevada License Law
What is the Nevada Real Estate Appraiser Board and how does it differ from NRED?
AThey are the same organization
BThe Nevada Real Estate Appraiser Board licenses and regulates appraisers under Title 8; NRED licenses and regulates real estate brokers and salespersons under NRS 645✓ Correct
CThe Appraiser Board is a division of NRED
DNRED oversees both agents and appraisers in Nevada
Explanation
The Nevada Real Estate Appraiser Board (NREAB) licenses and regulates appraisers and appraisal management companies, enforces USPAP compliance, and operates separately from NRED. NRED oversees real estate brokers and salespersons. These are distinct licensing authorities in Nevada.
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