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

Personal PropertyAnything that is NOT realty RealtyLand, real estate, and real property LandFrom the core of the earth upward in the shape of a cone including subsurface, surface, and airspace into infinity Real EstateLand including improvements or fixtures, tangible or corporeal appurtenances, fructus industriales, and emblements Real PropertyLand and real estate including intangible or incorporeal appurtenances known as the bundle of rights (possession, control, enjoyment, exclude, a...

Nevada law real estate Exam Questions and Answers 100% Pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- The Nevada State General Fund If ...

Nevada law real estate Exam Questions and Answers 100% pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- The Nevada State General Fund If ...

Nevada law real estate Exam Questions and Answers 100% pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- The Nevada State General Fund If ...

Nevada Sales Person90 Hours of Instructions, Break down (45 hours of law) (45 hours of Principles) Nevada Broker/ Broker-Salesperson Education Requirements (Broker & Sales PersonPass Broker Exam, 64 Collage Units, 2 years full time experience = 16 college units Broker ONLY2 years Full time experience with the previous 4 years. Financial responsibility. (ENOUGH MONEY TO RUN A BROKERAGE FOR 180 DAYS (*ON TEST*) Property Management PermitReal Estate License, 24 hours of instruction in ...

How many branch offices may a broker have?As many as they want A branch manager must be :Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is :$300,000 The Nevada Real Estate Commission is appointed by :The Governor of the state of Nevada Nevada Real Estate license fees are deposited in :The Nevada State General Fund If the Nevada Real Estate Division issues a Nevada license in error and then invalidates it, how many days does the N...

Who investigates Nevada realty activities?The Division What is NVREC?Nevada Real Estate Commission How soon does a real estate agent need to give payment to broker once receiving itThe end of the next business day What does NVERRF stand for and do?Nevada Education and Recovery Fund is a fund that protects against fraud. Brokers, BS, and Salespersons are required to pay into it. It does not apply to owner developers or their sales agents and they are not protected When will NVERRF pay o...

Nevada law real estate Exam Questions and Answers 100% pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- The Nevada State General Fund If ...

A fixture is realty A tree is ordinarily considered to be realty An example of a public restriction on the use of land zoning If 3 individuals are joint tenants of a piece of property and one of the joint tenants die, the remaining 2 tenants take what was owned by the decease because survivorship If two parties are tenants in common, and one of the two dies, then: The heirs of the deceased take what belonged to the deceased. A, B, C are joint tenants. C sells his interest to D. What is ...

Nevada Real Estate State Questions and Answers Rated A+ Nevada BROKER salesperson/BROKER education - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - 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...