Nevada Code § 119.190

Additional penalty for violations
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In
addition to any other penalty imposed by this chapter, the Division:
1. Shall suspend or revoke the license or
registration of a broker, real estate salesperson or registered representative
who violates any provision of this chapter for such time as in the
circumstances it considers justified.
2. May deny the renewal of the license or
registration of a broker, real estate salesperson or registered representative
who violates any provision of this chapter.

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