Nevada License Law
What does the term 'designated broker' mean under Nevada license law?
AA broker designated by NRED to handle disciplinary cases
BThe individual broker who is responsible for all real estate activities conducted by a brokerage firm✓ Correct
CA broker specializing in a designated property type
DAn assistant broker designated by the principal broker for vacation coverage
Explanation
The designated broker (also called the responsible broker or qualifying broker) is the licensed broker who is personally responsible for all real estate activities conducted by a Nevada brokerage. Every licensed Nevada brokerage must have a designated broker of record.
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