645.780 - Expiration of licenses; length of license periods; additional fee for electronic renewal. [Effective through June 30, 2011.]
645.780 Expiration of licenses; length of license periods; additional fees for electronic renewal. [Effective July 1, 2011.]
1. Each license issued under the provisions of this chapter expires at midnight on the last day of the last month of the applicable license period for the license.
2. The initial license period for an original license as a real estate broker, broker-salesperson or salesperson is a period of 24 consecutive months beginning on the first day of the first calendar month after the original license is issued by the Division. Thereafter, each subsequent license period is a period of 48 consecutive months beginning on the first day of the first calendar month after a renewal of the license is issued by the Division for the subsequent license period.
3. For all other licenses, the license period is a period of 48 consecutive months beginning on the first day of the first calendar month after the license or any renewal of the license is issued by the Division, unless a specific statute:
(a) Provides for a different license period; or
(b) Expressly authorizes a different license period to be provided for by regulation.
4. The Division may:
(a) Create and maintain a secure website on the Internet through which each license, permit, certificate or registration issued pursuant to the provisions of this chapter may be renewed; and
(b) For each license, permit, certificate or registration renewed through the use of a website created and maintained pursuant to paragraph (a), charge a fee in addition to any other fee provided for pursuant to this chapter which must not exceed the actual cost to the Division for providing that service.
[Part 19:150:1947; A 1949, 433; 1955, 77]—(NRS A 1963, 334; 1969, 565; 1973, 1104; 1975, 1554; 1977, 1316; 2003, 1294; 2007, 584; 2009, 1939, effective July 1, 2011)
NRS 645.785 Effect of failure to renew license; increased fee for late renewal. If a licensee fails to apply for a renewal of his or her license prior to the date of the expiration thereof, no license may be issued to the licensee except upon another application for an original license, except that within 1 year of such expiration a renewal may be issued upon payment of a fee one and one-half times the amount otherwise required for renewal.
[Part 19:150:1947; A 1949, 433; 1955, 77]—(NRS A 1975, 1555)—(Substituted in revision for NRS 645.840)