Seems like that would increase value to these grandfathered licensees' properties.Myabe we should pick some of these units up and license them before the ban hits?

Licensees are also required to provide proof of liability insurance with a $500,000 coverage minimum.North Las Vegas allows short-term rentals as long as a property owner applies for (and receives) a conditional use permit.

Non deposit of the EMD is a serious offense for a licensee.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention"So another state is going to start cracking down on all this illegal selling of real estate and they are relying on the public and Brokers to turn the wholesalers in.

If you're handy, the quantity of separate trips and vendors/ licensees and their corresponding bills  to take care of every little thing will drive you nuts. 

Many states prohibit advertising property you do not own unless you are a licensee.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

For the rental license fee I took the total cost of the Tier 2 rental licensee fee for a duplex ($305) and divided it by the term (60 months).

They will inform you what commission range you are able to offer to Cooperating Brokers when you list, and what you must charge for Property Management.2) As a licensee, you must "disclose" (usually in writing) that fact in any transaction you have a personal interest in, whether through a partnership or other type of entity.3) As a licensee, you now need to be very careful about what you say and write.

MAR contracts are for licensees and there are legal ramifications of using a MAR contract.