760 Margrave Drive, Ste 200 • Reno, NV 89502 • Toll free 800-748-5526 • Office 775-829-5911 • Fax 775-829-5915 • NevadaRealtors.org
NAC 645 Regulation Changes
Tiffany Banks, Nevada REALTORS® General Counsel
February 16, 2021
The long-awaited Real Estate Division’s guidance on continuing education credits is
here. As you are all probably aware, there were many changes this last legislative session
to NRS 645.
As a result, the commission adopted regulations on certain areas of the law. Those
regulations on pre-licensing, continuing education requirements, limited continuing
exemptions, property management permit continuing education requirements and license
number, advertising and use of nicknames are all addressed in the new regulations. Last
week, the Division issued an information bulletin with a summary of the newly adopted
regulations as well as some of the most frequently asked questions that go along with it.
You can find it here*.
https://red.nv.gov/uploadedFiles/rednvgov/Content/Publications/Bulletins/IB-
036_Regulation-Changes-Per-NAC-645.pdf
Before you get into the regulations in the attachment above and what dates apply, here’s a
reminder of the statutory changes:
STATUTORY CHANGES
New Pre-licensing requirement
Pre-licensing education requirement have been changed from 90 hours to 120 hours.
Beginning October 1, 2021, the Nevada Real Estate Division will require applicants to
submit 120 hours of education to meet this requirement.
New Continuing Education Requirements
Licensees whose license expires on or after October 31, 2021 will be required to submit:
▪ 36 hours of CE for a real estate salesperson renewal which must include:
3 hours Agency
3 hours Nevada law
6 hours Contracts
3 hours Ethics
3 hours Risk Reduction
18 hours of any designated areas of CE
*Property management and business broker permit holder must complete the CE required
for the renewal of his or her permit.
760 Margrave Drive, Ste 200 • Reno, NV 89502 • Toll free 800-748-5526 • Office 775-829-5911 • Fax 775-829-5915 • NevadaRealtors.org
▪ 36 hours of CE for a real estate broker and broker salesperson renewal which must
include:
3 hours Agency
3 hours Nevada law
6 hours Contracts
3 hours Ethics
6 hours Broker management
3 hours Risk Reduction
12 hours of any designated areas of CE
*Property management and business broker permit holder must complete the CE required
for the renewal of his or her permit.
New limited continuing education exemptions
Licensees who are 65 years or older and have been licensed in Nevada in good standing
for 30 years or more may apply for an exemption to complete a reduced number of CE
credits required for renewal.
Property Management Permit Continuing Education Requirements
Continuing education hours for renewal of a property management permit has increased
from 3 hours to 9 hours.
License number, Advertising and use of nickname
Licensees are required to have their license number on advertising. Preceding zeros
before or letters after the license number are not required. The definition of
“advertisement” has been extended to include media, sales literature, brochures or flyers,
and social media.
Please do not hesitate to call the Legal Information Line with your questions, 800-748-
6999. We will be updating this article with FAQs as those calls come in! Watch your
Enews more information.
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by your use of the Legal Information Line. You should not act upon information you receive without seeking independent
legal counsel. Information given over the Legal Information Line or in these articles is for your benefit only. Do not practice
law or give legal advice to your clients! Inform your clients they must seek their own legal advice.
