1. Upon satisfactorily passing the written examination and upon complying with all other provisions of law and conditions of this chapter, a license shall thereupon be granted by the Division to the successful applicant therefor as a real estate broker, broker-salesperson or salesperson, and the applicant, upon receiving the license, may conduct the business of a real estate broker, broker-salesperson or salesperson in this State.
2. The Division shall issue licenses as a real estate broker, broker-salesperson or salesperson to all applicants who qualify and comply with all provisions of law and all requirements of this chapter.
3. Except as otherwise provided in NRS 645.785:
(a) An original license as a real estate broker, broker-salesperson or salesperson must be renewed with the Division before the expiration of the initial license period of 12 consecutive months as prescribed in NRS 645.780; and
(b) Thereafter, the license must be renewed with the Division before the expiration of each subsequent license period of 24 consecutive months as prescribed in NRS 645.780.
[Part 14:150:1947; A 1949, 433; 1943 NCL § 6396.14] + [Part 15:150:1947; A 1955, 80] — (NRS A 1963, 672; 1979, 1545; 2001, 2893; 2003, 1291; 2009, 1938; 2015, 2781)