Nv real estate law - Study guides, Class notes & Summaries

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

NV State Real Estate Salesperson Questions and Answers 100% Pass After the collection of the advance fee, when should it be itemized and accounted for? 3 months What must one have in order to collect an advance fee? A real estate license. How many days for broker to refund buyers on land purchase? 15 day Public offerings must contain this warning Read report before signing any paper Real Estate Commission members must be appointed by the Governor. Duty of Real Estate Commissi...

PSC 100 Nevada Constitution Final Exam Questions and Answers 100% pass 3 systems of government - Answer- unitary, confederate, federal Federal system of government - Answer- divides power between a national government and state governments (used by United States) Unitary system of government - Answer- power is concentrated in a central government Confederation system of government - Answer- regional government retains autonomy and cantral government gets its authority from regional govern...

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...

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 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 taken at the same time, $100 each if Nevada State and National tests ...

PSC 100 Nevada Constitution Final Exam Questions and Answers 100% pass 3 systems of government - Answer- unitary, confederate, federal Federal system of government - Answer- divides power between a national government and state governments (used by United States) Unitary system of government - Answer- power is concentrated in a central government Confederation system of government - Answer- regional government retains autonomy and cantral government gets its authority from regional govern...

who CANNOT have a NV real estate license or personal / financial interst in NV real estate company - ANSWER-NVRED / NVREDA Whats NOT open to the public? - ANSWER-Broker/brokersalperson exam, criminal and financial records NVRED duties? (4) - ANSWER-customer service issuing and renewing license investigation checking NV brokers office Who helps NVRED? - ANSWER-The Attorney General Where Are NV Licensee's Fees, penalties & charges Placed? - ANSWER-Nevada State General Fund What...

Nevada Exam Questions and Answers Already Passed an unrepresented buyer submits an offer directly to the listing agent the agent must Provide the buyer a Duties Owed by a Nevada licensee Only the seller can fill out The SRPD The maximum liability of ERRF for an individual person is 100,000 What is the maximum amount per judgement that can be paid out of the Errf 25,000 State law allows representation of multiple parties to a transaction, however what authorization is required...