What must a licensee prove to collect a commission in Nevada?

To collect a commission in Nevada, a licensee must prove that they were licensed when the claim for the commission was made. This requirement is fundamental because only individuals holding an active real estate license can legally receive compensation for real estate transactions. It ensures that the licensee is qualified and operating within the legal framework established by the Nevada Real Estate Division.

Being licensed demonstrates that the individual has met the necessary educational and ethical standards required to engage in real estate activities. Without an active license, a licensee cannot enforce a claim for compensation, regardless of their involvement in closing transactions or the status of documents such as listings or contracts.

The other options relate to other important aspects of real estate transactions but do not address the basic requirement of licensure for commission claims. For instance, having a listing in effect or a signed broker agreement is essential for legitimacy but does not override the importance of being legally licensed. A broker's approval of a purchase contract is similarly necessary for the transaction but does not impact the fundamental legality of the licensee's right to collect a commission.