NAC645.040. “Inactive renewed status” defined.

Latest version.

“Inactive renewed status” means that a licensee holds a current unsuspended or unrevoked license, but has cancelled the license and may not transact any real estate business until the licensee reinstates the license to active status. When a licensee is on inactive renewed status, the Division shall keep his or her license.

[Real Estate Adv. Comm’n, § I subsec. 6, eff. 10-31-75]

                    
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