Nv real estate state exam - Study guides, Class notes & Summaries

NV Real Estate Exam Review Latest Version Graded A+ Agency Relationship between the principal (client) and agent. Business Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer Owns 5+ Lots within a subdivision Real Estate Division 1. The RE Division of the Depar...

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

Nevada Real Estate Exam Questions and Answers 100% Pass 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 2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel the transaction? A) 24 hours B) within five calendar days C) five business days D) or one week - Answer- b 3. In NV, who is responsible prior to closing for c...

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...

Nevada Real Estate Exam Questions and Answers 100% Pass 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 2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel the transaction? A) 24 hours B) within five calendar days C) five business days D) or one week - Answer- b 3. In NV, who is responsible prior to closing for c...

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 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 ...

1. How much time is given to pass the NV salesperson exam? - 4 hours - 240 minutes or 4 hours total 2. 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 3. In order to obtain a NV real estate license you must have a HS diploma? - True - you must have a HS diploma or equivalent 4. How often must you renew your sales agent license? - Every 2 years - NV salespe...

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 ...

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...