Form 505 Real Estate Termination From Company or Broker - Nevada

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Form 505 Real Estate Termination From Company or Broker - Nevada

What Is Form 505?

This is a legal form that was released by the Nevada Department of Business and Industry - a government authority operating within Nevada. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 505?
A: Form 505 is a document used for terminating a Real Estate Salesperson or Broker-Salesperson License, or Business Broker or Property Manager Permit in Nevada.

Q: Who can use Form 505?
A: Form 505 can be used by individuals who want to terminate their Real Estate Salesperson or Broker-Salesperson License, or Business Broker or Property Manager Permit in Nevada.

Q: What licenses or permits can be terminated using Form 505?
A: Form 505 can be used to terminate Real Estate Salesperson Licenses, Broker-Salesperson Licenses, Business Broker Permits, and Property Manager Permits in Nevada.

Q: What information is required on Form 505?
A: Form 505 requires personal information, license/permit information, and a statement of termination reason.

Q: Are there any fees associated with Form 505?
A: Yes, there is a fee associated with submitting Form 505. The amount may vary.

Q: What is the processing time for Form 505?
A: The processing time for Form 505 may vary. Contact the Nevada Real Estate Division for more information.

Q: What happens after submitting Form 505?
A: After submitting Form 505 and paying the required fee, the Real Estate Salesperson or Broker-Salesperson License, or Business Broker or Property Manager Permit will be terminated.

Q: Can I reapply for a license or permit after terminating it with Form 505?
A: Yes, you can reapply for a license or permit after terminating it with Form 505. However, you will need to meet the requirements and go through the application process again.

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Form Details:

  • Released on March 20, 2017;
  • The latest edition provided by the Nevada Department of Business and Industry;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 505 by clicking the link below or browse more documents and templates provided by the Nevada Department of Business and Industry.

Download Form 505 Real Estate Termination From Company or Broker - Nevada

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