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NV Real Estate Law| Questions| Correct Answers| Verified!!

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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 does NOT go into NV State General Fund (3) - ANSWER NRS/NAC regulations Examinations NVERRF funds collected from Nevada licensees and Nevada brokers When a consumer complains... - ANSWER They must bring a written statement of fact If not a NV licensee - ANSWER turns over to District Attorney, if guilty - felony D If a NV licensee - ANSWER set up a hearing with NVREC within 90 days penalties against NV licensee - ANSWER not more than $10,00 per offense who appoints NVREDA - ANSWER NVDBI

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