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How much is the fee to reinstate a license with a new Broker and Developer?

  1. $50

  2. $25

  3. $100

  4. $75

The correct answer is: $25

The fee to reinstate a license with a new Broker and Developer is set at $25. This fee is outlined in the regulations governing the timeshare industry in Nevada. It's important for professionals to be aware of this cost, as maintaining compliance with licensing requirements is crucial for operating legally and effectively within the state. The other fees that are presented may pertain to different types of transactions or reinstatements but do not apply specifically to the reinstatement of a license with a new Broker and Developer, making understanding the correct amount essential for those in the field.