Property Management requirements in Nevada
Must Nevada property management companies have a real estate broker's license?
Yes. Property management is expressly considered a real estate activity requiring a real estate broker's license under existing Nevada real estate licensing laws. If a property manager is going to lease, rent, list, collect rents, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need either a salesperson's OR broker's license. In addition, he or she must obtain a property manager permit.
Are there any exceptions to the requirement that a Nevada property manager have a real estate broker's license?
YES. For example, no broker's license is required if the property manager does not engage in leasing activities, or if they are strictly on-site managers.
Before hiring a property manager to manage your Nevada rental property, you should always check that he or she is licensed appropriately. You can check the license status of Nevada property managers at the Division's online license lookup webpage.
Nevada Community Association Management Licensing
Effective January 1, 2008 Nevada community association managers and condo association managers must be certified by the Commission for Common Interest Communities.
Nevada Property Management Permit Requirements
Nevada property management permit requirements include:
Nevada Real Estate Salesperson License Requirements
Nevada real estate salesperson licensing requirements include:
Nevada Real Estate Broker License Requirements
Nevada real estate broker licensing requirements include:
Nevada Community Association Manager Certification Requirements
Those involved in common interest community management must obtain a CAM certificate. Requirements include:
The CAM certificate is valid for two years.
IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.