1. In accordance with the provisions of paragraph (a) of subsection 3 of NRS 645.575, a licensee who is 65 years of age or older and has been licensed in good standing as a real estate broker, real estate broker-salesperson or real estate salesperson in this State for 30 years or longer at the time of the submission of his or her application pursuant to this subsection may apply to the Division for an exemption, on a form prescribed by the Division, from the requirement to complete continuing education required for the renewal of his or her license pursuant to NAC 645.448.2. If an application for an exemption pursuant to subsection 1 is approved, the licensee must instead successfully complete at least 12 hours of continuing education if the licensee is a real estate salesperson or 15 hours of continuing education if the licensee is a real estate broker or real estate broker-salesperson. Such continuing education must be devoted to ethics, professional conduct or the legal aspects of real estate, and must include 3 hours in each of the following areas: (a) Agency relationships.(e) Broker management, if the licensee is a real estate broker or real estate broker-salesperson.3. The exemption described in subsection 1 does not exempt a licensee who holds a permit pursuant to NRS 645.6052 or 645.863 from successfully completing the continuing education required for the renewal of his or her permit.Nev. Admin. Code § 645.Sec. 3
Added to NAC by Real Estate Comm'n by R060-20A, eff. 12/29/2020