Nevada Revised Statutes 645.420 – Action on application by Division; additional investigation; invalidation of license for certain errors in issuance
1. The Division shall notify each applicant in writing whether the applicant passed or failed the examination.
Terms Used In Nevada Revised Statutes 645.420
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- real estate: means every interest or estate in real property including but not limited to freeholds, leaseholds and interests in condominiums, town houses or planned unit developments, whether corporeal or incorporeal, and whether the real property is situated in this State or elsewhere. See Nevada Revised Statutes 645.020
2. The Division shall act upon all applications for licenses as real estate brokers, broker-salespersons or real estate salespersons within 60 days from the date of receiving the completed application for a license.
3. If in the opinion of the Real Estate Division additional investigation of the applicant appears necessary, the Real Estate Division may extend the 60-day period and may make such additional investigation as is necessary or desirable before acting on the applicant’s application.
4. The burden of proof is on the applicant to establish to the satisfaction of the Real Estate Division that he or she is qualified to receive a license.
5. Passing the examination creates no vested right in the applicant to hold a license pending an appeal of a denial of his or her licensing by the Division.
6. The Division, upon the discovery of any error in the issuance of a license which is related to the qualification or fitness of the licensee, may invalidate the license. The Division shall promptly notify the licensee, in writing, of the invalidation and the licensee shall surrender the license to the Division within 20 days after notice is sent by the Division. A licensee whose license is invalidated under this subsection and is surrendered within the time specified is entitled to a hearing as for a denial of application in accordance with the provisions of NRS 645.440.