Real Estate Prep - Nevada State Law Correct 100%!!
Nevada Sales Person - ANSWER 90 Hours of Instructions, Break down (45 hours of law) (45 hours of Principles) Nevada Broker/ Broker-Salesperson Education Requirements (Broker & Sales Person - ANSWER Pass Broker Exam, 64 Collage Units, 2 years full time experience = 16 college units Broker ONLY - ANSWER 2 years Full time experience with the previous 4 years. Financial responsibility. (ENOUGH MONEY TO RUN A BROKERAGE FOR 180 DAYS (*ON TEST*) Property Management Permit - ANSWER Real Estate License, 24 hours of instruction in property management, pass the property management exam Business Brokerage Permit - ANSWER 645 Real Estate Licenses, 24 hours of instructions in business brokerage. (RENEW YOUR LICENSE WITH YOUR PERMIT @ SAME TIME) First Year Licenses Renewal - ANSWER 30 hours POST Licensing How many Times do you have to renew your licenses after the first time you renew it? & how many hours do you have to complete - ANSWER Every 2 years & Four 3 hour classes total of 24 hours. Broker/ Broker Salesperson Renewal - ANSWER 3 hours of broker management. 3 hours of property management 3 hours of business brokerage how many sq ft are in an acre - ANSWER 43560 Real property disclosure form? - ANSWER *DO NOT fill out seller must do it. *Needs to be giving to buyer 10 days before closing *If buyer receives the form late buyer can walk or the closing date will get pushed back. Exempt Forms the SRPD - ANSWER *New Homes (any info they are to disclose to
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