Nevada License Law
What is the Nevada Real Estate Division's (NRED) primary function?
ATo set real estate commission rates statewide
BTo administer and enforce real estate licensing laws (NRS 645) and protect the public in real estate transactions✓ Correct
CTo operate the Nevada MLS system
DTo determine property assessments for tax purposes
Explanation
NRED administers real estate licensing (salesperson, broker-salesperson, broker) under NRS 645, investigates complaints, enforces disciplinary actions, and works to protect the public in real estate transactions.
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