Nevada License Law
Under NRS 645, what is required for a Nevada real estate licensee to conduct a team under a supervising broker?
ATeams are prohibited in Nevada; all agents must work independently
BThe team must be properly registered with NRED and operate under the broker's license and supervision✓ Correct
COnly brokers-salesperson may lead teams; salesperson licensees cannot
DTeams require a separate business entity (LLC or corporation) and separate license
Explanation
Nevada permits real estate teams, but they must operate under the supervising broker's license and comply with NRED regulations. Team names must be approved by NRED and cannot be misleading.
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State-Specific Concepts
Broker Supervision
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