Property Management requirements in Nevada

Must Nevada property management companies have a real estate broker's license?

Yes, 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 management permit.

Must Nevada community association managers have a real estate broker's license?

NO. A broker's license is not required to manage community associations in Nevada.

Nevada Property Management Permit Requirements:

• Show proof of having a Nevada real estate license;
  
  
• Show proof of attending an accredited 24-hour Property Management pre-permit course
  
  
• Show proof of passing the Nevada Property Management state examination within one year of date of application.

Nevada Salesperson License Requirements:

Applicants for a real estate salesperson license must show, pursuant to NAC 645.435, proof of completion of the required 90 hours or 6 semester units of instruction in real estate principles, practices and law from a Nevada Real Estate Commission accredited provider . The course must include a minimum of 18 hours of Nevada law, consisting of NRS 645, 119, 119A, 119B and their respective administrative codes. Certified transcripts must be submitted with the license application.

Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state (if dated within one year of the date of application for a Nevada real estate license) but must show proof of those results.

Nevada Broker License Requirements:

Applicants must show proof of completion of *64 semester units of instruction. Broker license applicants who hold a valid real estate salesman's license are entitled to receive credit for the equivalent of 16 semester units of college level courses for each two years of active experience as a licensed real estate salesman or broker. The license must be VALID in that state at the time of application in Nevada. This credit may not be applied against the 45 hour Broker Management Training nor the 18 hour Nevada law requirement.

Applicants for a Broker's license must have been actively engaged as a full-time licensed real estate broker or salesman for at least two (2) of the four (4) years immediately prior to the issuance of a Nevada Broker license. Applicants may apply for a Broker/Salesperson license without meeting the experience requirement but must meet the testing and education requirement of a Broker.

Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state but must show proof of those results and meet the one year deadline.

Property Management Requirements Main Page

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.

Property Managers in Nevada:

• Las Vegas, NV
• Reno, NV
• Henderson, NV
• Carson City, NV
• Sparks, NV
• Pahrump, NV
• Elko, NV
• Incline Village, NV
• Mesquite, NV
• The Lakes, NV