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DEDICATED PM LICENCE Β· NEVADA RED Β· SEPARATE CAM RULES Β· TRUST ACCOUNTING AUDITED

Nevada Property Manager License,
the Nevada RED Route Explained

Nevada is one of the few states that licenses property management in its own right: the property management permit from the Nevada Real Estate Division, Department of Business and Industry. Nevada is the textbook example of a dedicated property management credential. You hold a real estate licence and then add a property management permit from the Nevada Real Estate Division, and Nevada also regulates community association managers separately through the common interest community framework. This guide covers what triggers the requirement, who is exempt, what the examination and trust account rules involve, and how to verify a Nevada property manager's standing.

Updated July 2026

Written by the GlobalCybers Labor Market Research team Β· Reviewed by GlobalCybers Data Desk, Wage & careers data review. Compiled from Nevada RED rules and real Nevada placements.

Direct Answer

How do you get a Nevada property manager license (Nevada RED)?

Nevada is one of the few states that licenses property management in its own right: the property management permit from the Nevada Real Estate Division, Department of Business and Industry. The activity that triggers the requirement is doing it for someone else for a fee: advertising and showing units, negotiating leases, collecting rent and holding security deposits. Nevada is the textbook example of a dedicated property management credential. You hold a real estate licence and then add a property management permit from the Nevada Real Estate Division, and Nevada also regulates community association managers separately through the common interest community framework. Nevada's structure means a licensee without the permit is not authorised to manage property for others, so the usual on-site exemption question has to be read against the permit requirement as well. Community association managers in Nevada are certified separately under the state's common interest community regime, which is distinct from both the real estate licence and the property management permit. Education hours, examination content and fee schedules are set by the Nevada RED and change from year to year, so confirm the current requirements with the Nevada Real Estate Division, Department of Business and Industry before you apply.

  1. Confirm with the Nevada RED that your work is property management as Nevada defines it.
  2. Complete the required pre-licensing education for the property management permit.
  3. Pass the Nevada examination and clear the background check.
  4. Affiliate or register as the state requires, and open a compliant trust account.
  5. Renew on the Nevada RED cycle with continuing education.

Governing law: Nevada real estate and property management licensing law (Nevada Revised Statutes, Chapter 645)

See the full property manager career guide β†’

Nevada: property manager license β€” Licensing body Nevada RED, First-year cost, State-Issued Education, exam, fingerprinting and application fees, per the current Nevada RED schedule, Typical time to licence Commonly 4 to 12 weeks, depending on the Nevada RED education requirement. Simplified outline of Nevada, stylised and not to scale.
Simplified outline of Nevada β€” a stylised shape, not to scale. Nevada property management at a glance: a dedicated property management permit from the Nevada RED, with on-site exemptions and audited trust accounting.

Nevada property manager license at a glance

Published Nevada RED figures for the state-issued route, last checked 2026-07-27.
Licensing bodyNevada Real Estate Division, Department of Business and Industry
Licence tiers7 tiers, On-site residential manager through Professional designations
Route covered hereState-Issued
First-year cost, state-issuedEducation, exam, fingerprinting and application fees, per the current Nevada RED schedule
Continuing educationContinuing education each Nevada RED renewal cycle
Typical time to licenceCommonly 4 to 12 weeks, depending on the Nevada RED education requirement
Exam providerNevada Real Estate Division, Department of Business and Industry, through its contracted testing vendor
Passing scoreSet by the Nevada RED; confirm the current standard before booking
Reference materialClosed book
ReciprocityNo standing reciprocity list published
Governing lawNevada real estate and property management licensing law (Nevada Revised Statutes, Chapter 645)

This guide is general information about Nevada licensing, not legal advice. Nevada REDrules, fees and deadlines change β€” confirm your own position with the board, or with a licensed attorney, before you rely on anything here.

Nevada property manager license types: the full Nevada RED ladder

The tiers below reflect licence type and exemption rather than a progression of skill. Nevada is one of the few states where the middle rung is a property management licence rather than a sales licence.

Entry

On-site residential manager

Salaried staff managing a property for the owner who employs them. Nevada's structure means a licensee without the permit is not authorised to manage property for others, so the usual on-site exemption question has to be read against the permit requirement as well.

Individual

Nevada property management permit

The state credential for managing rental property belonging to other owners, issued by the Nevada Real Estate Division, Department of Business and Industry and narrower than full real estate licensing.

Individual

Nevada broker licence

The senior licence. Additional experience and examination, and the level at which you may operate a management company in Nevada and hold the trust account in your own right.

Business

Property management firm

The company itself is generally licensed or registered in Nevada alongside its individual licensees, and it carries the trust account, the record-keeping duty and the supervision obligation.

Specialty

Community association manager

Community association managers in Nevada are certified separately under the state's common interest community regime, which is distinct from both the real estate licence and the property management permit.

Specialty

Trust account holder

Whoever holds rent, deposits and owner funds carries the Nevada RED record-keeping and reconciliation duties, which are audited and are the most frequently enforced part of Nevada property management practice.

Specialty

Professional designations

The Certified Property Manager, Accredited Residential Manager and similar credentials from the Institute of Real Estate Management are voluntary, well regarded, and carry no legal authority in any state.

Exact experience hours and fees vary by license type and can change, confirm current requirements on the Nevada RED Property Manager program page.

PM permit vs Broker licence Property Manager in Nevada, what is the difference?

RequirementPM permitBroker licence
What it authorisesRental management for ownersManagement plus brokerage, independently
Issued byNevada REDNevada RED
Sponsoring broker needed?NoNo
May hold the trust accountYes, under state rulesYes
May run a management firmYes, within scopeYes
Continuing educationRequired at renewal (Nevada RED)Required at renewal (Nevada RED)
Association managementSeparate credential neededSeparate credential needed

How do you get a Nevada State-Issued Property Manager license?

  1. 1

    Establish whether you need a licence at all

    Nevada's structure means a licensee without the permit is not authorised to manage property for others, so the usual on-site exemption question has to be read against the permit requirement as well. The trigger everywhere is acting for another owner for compensation. If you manage only property owned by the company that employs you, you are in a different position from a firm managing scattered properties for outside owners. Confirm the exemption's exact wording with the Nevada Real Estate Division, Department of Business and Industry rather than relying on the general rule.

  2. 2

    Complete the required pre-licensing education

    Nevada sets the number of pre-licensing hours for the property management permit and approves the schools that deliver them. Pay particular attention to the agency, fair housing and trust-fund material: agency duties define what you owe an owner, and trust-fund rules are what you will apply every month when rent lands. The Nevada RED publishes the current hour requirement and the approved provider list.

  3. 3

    Pass the Nevada examination and clear the background check

    The examination has a national portion covering agency and fiduciary duty, contracts, property interests, fair housing, financing and trust funds, and a Nevada portion covering the state's licensing law, trust and escrow rules, landlord-tenant statute and disclosure requirements. Fingerprinting and a background check follow, and that is usually the slowest step in the process.

  4. 4

    Apply to the Nevada RED for the property management permit

    Nevada is the textbook example of a dedicated property management credential. You hold a real estate licence and then add a property management permit from the Nevada Real Estate Division, and Nevada also regulates community association managers separately through the common interest community framework. File the application with the Nevada Real Estate Division, Department of Business and Industry, attach your education and examination records, and satisfy the state's requirements for holding client funds. Because Nevada licenses management directly, you do not need a sales-side licence to operate within the scope the licence grants you.

  5. 5

    Set up trust accounting, then keep the licence current

    Open a segregated trust or escrow account for rent, security deposits and owner funds, reconcile it monthly, and keep records for the retention period the Nevada RED requires. Community association managers in Nevada are certified separately under the state's common interest community regime, which is distinct from both the real estate licence and the property management permit. Then renew on the Nevada RED cycle with the required continuing education. Trust account failures, not licensing failures, are what most disciplinary cases in property management are about.

Does a Nevada property manager license transfer to other states?

Real estate licences reciprocate unevenly and the agreements change, so there is no dependable list to memorise. Some states have mutual recognition arrangements letting a licensee in good standing obtain a licence by sitting the state-law portion only; others require the full pre-licensing education and examination again. Because Nevada issues a dedicated property management credential rather than relying on a sales licence, an out-of-state real estate licence rarely maps onto it cleanly. Managing property in a state where you are not properly licensed is a serious violation even when your firm is licensed elsewhere. Confirm current terms with the Nevada Real Estate Division, Department of Business and Industry before taking on Nevada property.

Reciprocity agreements change, always confirm the current list and requirements on the Nevada RED Property Manager program page before applying.

How much does a Nevada property manager license cost, and how long does it take?

There is no reliable single figure to quote. Pre-licensing tuition, the examination fee, fingerprinting, the application fee and the renewal cycle are all set by the Nevada Real Estate Division, Department of Business and Industry and its contracted vendors, and they are revised periodically, so the current Nevada RED fee schedule is the only source worth relying on. What is predictable is the shape of the spend: education first, examination and background check next, then the application, then a recurring renewal with continuing education. Budget time rather than money as the real constraint, since the background check usually sets the pace.

Cost breakdown
PM permit application + examPre-licensing education plus the Nevada examination fee (Nevada RED fee schedule)
Broker licence application + examAdditional education, experience and examination for the broker licence (Nevada RED fee schedule)
CE courses (per year)Continuing education each Nevada RED renewal cycle
First-year total (State-Issued)Education, exam, fingerprinting and application fees, per the current Nevada RED schedule
Timeline after your hours
Application reviewWeeks, usually driven by the background check
Exam schedulingWidely available at testing centres
License processingDays to weeks after passing
Typical totalCommonly 4 to 12 weeks, depending on the Nevada RED education requirement

Nevada property management exam details and license lookup

What is on the Nevada RED examination?

The examination for the property management permit is narrower than a full real estate examination and is focused on management practice: leases and tenancies, the handling of rent, security deposits and owner funds, maintenance and habitability obligations, fair housing, and Nevada landlord-tenant law and licensing rules. The Nevada Real Estate Division, Department of Business and Industry sets the content outline, the passing standard and the testing arrangements, and publishes them alongside the education requirement. Confirm the current details there before booking.

How to verify a Nevada property manager license

Verification runs through the Nevada Real Estate Division, Department of Business and Industry licensee lookup, which shows the licence type, its status, the sponsoring broker where the state uses one, and any disciplinary history. Check the separate community association credential as well where association property is involved, because the two registers are distinct. Verify in Nevada itself rather than in the state where a management company is headquartered, since it is the location of the property that determines which licence is needed. Owners should also ask to see evidence of a segregated trust account and its most recent reconciliation before handing over rent or deposits. GlobalCybers verifies every candidate's licence before they reach your portal.

Do property managers need a license in Nevada?

Yes, and Nevada is unusual in issuing the credential directly. Nevada is one of the few states that licenses property management in its own right: the property management permit from the Nevada Real Estate Division, Department of Business and Industry.

Nevada is the textbook example of a dedicated property management credential. You hold a real estate licence and then add a property management permit from the Nevada Real Estate Division, and Nevada also regulates community association managers separately through the common interest community framework. That means you can be licensed to manage rental property without holding a full sales licence, which is exactly what most career property managers here do.

Does Nevada issue a property manager license?

Yes. The Nevada Real Estate Division, Department of Business and Industry issues the property management permit as a licence in its own right, separate from the sales-side licences. Nevada is the textbook example of a dedicated property management credential. You hold a real estate licence and then add a property

management permit from the Nevada Real Estate Division, and Nevada also regulates community association managers separately through the common interest community framework. Compare that with most states, which have no such credential and require a real estate salesperson or broker licence instead.

Nevada Property Manager licenses, Frequently Asked Questions

Are on-site apartment managers exempt in Nevada?

Nevada's structure means a licensee without the permit is not authorised to manage property for others, so the usual on-site exemption question has to be read against the permit requirement as well. The general pattern across the country is that a salaried employee who manages a single owner's property, and is paid a wage rather than a commission or a share of rents, is outside the licensing requirement, which is why so many leasing offices operate with unlicensed staff under a licensed firm. The exemption is worded differently in every state and it usually disappears the moment you manage for other owners or are paid out of the transaction, so read the Nevada wording with the Nevada RED before relying on it.

What does the Nevada licensing examination cover?

Two portions. The national portion covers agency and fiduciary duty, contracts, property ownership and interests, fair housing, financing and trust funds. The Nevada portion covers the state's own licensing law, trust and escrow account rules, landlord-tenant statute and disclosure requirements. For a property manager the trust-fund material is the part that matters most in practice, because mishandling rent and deposits held for owners is the most common source of disciplinary action. The Nevada RED publishes the current content outline and passing standard.

How much does it cost, and how long does it take, to get licensed in Nevada?

Licensing is inexpensive relative to the responsibility it carries, but the exact figures move: pre-licensing tuition, the examination fee, the fingerprinting and background check, the application fee and the renewal cycle are all set by the Nevada Real Estate Division, Department of Business and Industry and its contracted vendors and are revised periodically. Rather than rely on a number quoted anywhere online, check the current fee schedule on the Nevada RED website. The timeline is usually driven by two things: how many pre-licensing education hours the state requires, and how long the background check takes.

Can I manage property in Nevada on a license from another state?

Not without dealing with Nevada licensing first. Real estate licences reciprocate unevenly: some states have mutual recognition agreements letting a licensee in good standing obtain a licence by taking the state-law portion only, others require the full education and examination again, and the agreements change. Because property management is regulated through real estate law in Nevada, that patchwork is what governs your mobility. Managing property in a state where you are not properly licensed is a serious violation even if your firm is licensed elsewhere, so confirm with the Nevada Real Estate Division, Department of Business and Industry before taking on property here.

Do I need a separate license to manage a homeowner or condominium association in Nevada?

Yes, and this catches people out. Community association managers in Nevada are certified separately under the state's common interest community regime, which is distinct from both the real estate licence and the property management permit. Holding a real estate licence does not authorise association management, and the reverse is equally true. Confirm the current requirement and thresholds before signing an association management agreement.

What are the trust account rules for Nevada property managers?

Where you hold rent, security deposits or owner funds, they belong in a segregated trust or escrow account, never in an operating account and never commingled with your own money. The Nevada Real Estate Division, Department of Business and Industry sets the record-keeping, reconciliation and retention requirements and audits against them. Responsibility for the account follows whoever holds the funds. This is the most frequently enforced area of property management practice in every state, and separately from licensing, Nevada security deposit law governs how tenant deposits are held, accounted for and returned.

How do I verify a Nevada property manager's license?

Use the Nevada Real Estate Division, Department of Business and Industry licensee lookup, which shows the licence type, its status, the sponsoring broker where applicable and any disciplinary history. Check the individual and the firm, and check the separate community association register if association property is involved, and always verify in the state where the property is located rather than where the company is based. GlobalCybers verifies every candidate's licence before they reach your portal.

Sources & references

Nevada Real Estate Division, Department of Business and Industry Β· Nevada community association manager regulation Β· Association of Real Estate License Law Officials (ARELLO) Β· Institute of Real Estate Management (CPM designation) Β· BLS Occupational Outlook Handbook (Property, Real Estate and Community Association Managers) Β· U.S. Bureau of Labor Statistics, OEWS May 2025 (11-9141). Fees and rules can change, confirm current details at red.nv.gov before applying.

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We verify your Nevada RED credential and match you with permanent employers in Nevada. Renewal fees paid after placement.

Find Nevada Property Manager Jobs β†’
Nevada RED Key Facts
Issuing bodyNevada RED
Dedicated PM licence?Yes
Usual credentialPM permit
Senior credentialBroker licence
On-site exemptionCommonly available
Association managersSeparately regulated
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