Nv real estate law Study guides, Class notes & Summaries

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

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...

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...

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...

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

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 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 State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada 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 ...

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 and National Real Estate Questions and Answers Rated A+ Nevada recognizes two types of agency concerning real property: general agency and special agency general agency which the agent is authorized under a general power-of- attorney to perform all duties for the principal that the principal could perform to convey real property (general agency requires a written power-of-attorney with its special recording requirements) special agency which the agent is given limited authorit...