Nevada real estate exam - Study guides, Class notes & Summaries

NEVADA REAL ESTATE EXAM QUESTIONS & ANSWERS 100% CORRECT GRADE A+ 1. What is the minimum balance of the real estate education, research, and recovery fund? A) $300,000. B) $100,000. C) $250,000. D) $500,000. - ANSWER-a

Nevada Real Estate Exam Questions and Answers 2024

Key Realty Exam Questions + Answers 100% Solved What is the smallest saleable portion of a Nevada subdivision called: - Answer- Unit Which of the following are required of deeds to be enforceable: - Answer- must have the grantors signature Personal property could be: - Answer- emblements: aka crops Real property is: - Answer- transferred by deed What is it called when the government gives a parcel of real property back to a private citizen: - Answer- Cloud? A chain of title: - Answer- Li...

Nevada Real Estate Exam Questions and Answers 2024

NEVADA REAL ESTATE EXAM QUESTIONS WITH COMPLETE ANSWERS (RATED A+) All NVCE records must be kept by the course provider for - Answer-a minimum of 4 years All NVCE hours per renewal may not exceed - Answer-3 hours in Personal Development All NV renewals after the first year can be completed by - Answer-24 hrs in classroom or 12 in classroom and 12 by correspondence course renewal work Nevada real estate division offices - Answer-• Must have a principal office and branch offices •...

1. How much time is given to pass the NV salesperson exam? - correct answer 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - correct answer 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing term 3. In order to obtain a NV real estate license you must have a HS diploma? - correct answer True - you must have a HS diploma or equivalent 4. How often must you renew your ...

NEVADA REAL ESTATE EXAM PREP QUESTIONS & ANSWERS, GRADED A+ **For this question, disregard selling costs, taxes, etc. choose the closest answer: A parcel of land is sold for $163,000. If it appreciates at 14% compounded per year and the seller keeps it for 7 years, how much will the seller pay for it? - -$65,000 Explanation: To solve use the formula: V = P(1+r/n)^nt · V = future value of the investment ($163,000) · P = principal investment amount · r = annual interest rate (14%) · n ...

Nevada Real Estate State Exam Questions and Answers 100% Pass Nevada BROKER salesperson/BROKER education - Answer- - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer- - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

NEVADA REAL ESTATE STUDY GUIDE EXAM QUESTIONS WITH COMPLETE ANSWERS Dies testate with heirs - Answer-Creditors--> Homestead --> heirs by WILL Dies intestate with heirs - Answer-Creditors --> homestead --> heirs by LAWS of descent Dies intestate, no heirs - Answer-creditors--> state by escheat Forms of evidence to prove marketable title & ownership - Answer-title insurance, attorney's opinion of abstract, title certificates, Torrens registration gross lease - Answer...

Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada BROKER salesperson/BROKER education - ANSWER-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Cent...