What action can result from conflicts of interest according to NRS 489.411?

Conflicts of interest can lead to disciplinary action as per NRS 489.411, which is crucial in the context of maintaining ethical standards within the manufactured housing industry. When licensees act in ways that compromise their professional integrity—such as having personal interests that could unduly influence their decisions—the law provides for disciplinary measures to uphold the trust and safety of the community and the industry.

Disciplinary action serves to deter unprofessional behavior and ensure that all members conduct themselves with transparency and in the best interest of their clients and the public. It might involve fines, suspension, or revocation of a license, depending on the severity of the conflict and its potential impact on the industry.

Mandatory education can certainly be beneficial in preventing conflicts of interest, but it is more of a proactive measure rather than a direct result of such conflicts. Referral for arbitration is typically related to disputes rather than conflicts of interest directly. Increased fees might occur due to other operational costs but do not directly result from conflicts. Thus, the clear direct result of conflicts of interest in this context is disciplinary action, emphasizing the importance of ethical compliance in the licensing process.