Nevada License Law
What must a Nevada broker do with all original transaction documents?
ASubmit them to NRED within 10 days of closing
BRetain them in their brokerage files for at least 5 years✓ Correct
CForward them immediately to the title company
DProvide copies to the Nevada MLS
Explanation
Under NRS 645 and NRED regulations, Nevada brokers must retain all original transaction documents (contracts, disclosures, correspondence) for a minimum of 5 years from the date of transaction.
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