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Nevada state real estate law Correct 100%!!

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Nevada real estate division - ANSWER Principle office in south (las vegas) Branch office in north (carson city) Requirements for Nevada real estate division employees - ANSWER Cannot have NV real license What nv real estate records are available to the public? - ANSWER All records held at the division are open to the public... except broker sales persons exam scores, criminal records of agent unless court ordered What are the duties of NV real estate division? - ANSWER 1.Issuing and renewing NV licenses. 2.Collecting fines against licensees. 3.Investigating NV real property activities against licensees when warranted. 4. Checking brokers and owner developers offices when warranted. 3 different kinds of agencies - ANSWER 1. Single agent 2.Assigned see acting for both parties What does NVRED stand for? - ANSWER Nevada real estate division. Who helps the NVRD? - ANSWER The NV attorney general acts as advisor. The attorney general will defend the NVRD against any action brought against it. Where are Nevada licensees fees, penalties and charges placed? - ANSWER The Nevada state general fund EXPECT for : 1. Sales and publications of various forms and NRS/NAC regulations. 2. Examinations. 3. NVERRF funds collected from Nevada licensees and brokers. What does NRS stand for? - ANSWER Nevada revised statutes


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