Nevada License Law
What is the Nevada Real Estate Commission (NREC) and what is its primary function?
AIt is a private trade association for Nevada Realtors
BIt is the state regulatory body that licenses real estate professionals and adopts regulations governing the conduct of licensees under NRS 645✓ Correct
CIt is the Nevada state court that handles real estate disputes
DIt is the federal agency overseeing Nevada real estate markets
Explanation
The Nevada Real Estate Commission (NREC) is the state regulatory agency that issues and renews licenses, investigates complaints, and adopts administrative rules (NAC 645) governing real estate practice. It works alongside the Nevada Real Estate Division (NRED), which handles day-to-day administration. The commission consists of appointees including licensed real estate professionals and public members.
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