Nevada License Law
Under NRS 645, a Nevada real estate licensee who fails to renew their license by the expiration date but continues to practice real estate may face:
AA small administrative fine only
BImmediate suspension and potential disciplinary action by NRED for unlicensed practice✓ Correct
CAutomatic reinstatement within 60 days with no penalty
DOnly a warning letter from NRED on the first offense
Explanation
Under NRS 645, practicing real estate without a valid license — including after expiration — constitutes unlicensed activity. NRED may impose disciplinary action including fines up to $10,000 per violation, suspension, or revocation. Nevada has a late renewal grace period (usually 1 year post-expiration requiring CE completion), but any transactions conducted during the expired period are a serious violation.
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