Nevada License Law
What does it mean when a Nevada real estate license is 'revoked' versus 'voluntarily surrendered'?
AThey are legally identical outcomes
BRevocation is involuntary and imposed by NRED/NREC as discipline; voluntary surrender is the licensee's proactive decision to give up their license, sometimes to avoid disciplinary proceedings✓ Correct
CVoluntary surrender has no impact on future licensing
DRevocation can only be appealed in federal court
Explanation
Revocation is an involuntary disciplinary action imposed by the Nevada Real Estate Commission for serious violations. Voluntary surrender is when a licensee proactively gives up their license.
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