Nevada law real estate questions and answers already passed
Nevada law real estate questions and answers already passed How many branch offices may a broker have? As many as they want A branch manager must be : Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : $300,000 The Nevada Real Estate Commission is appointed by : The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : The Nevada State General Fund If the Nevada Real Estate Division issues a Nevada license in error and then invalidates it, how many days does the Nevada license have to return it to the Nevada Real Estate Division to receive a hearing ? 20 A Nevada license may have their license revoked by : The Nevada Real Estate Commision A Nevada Salesperson who receives money from a client must turn the money over to their Nevada Broker The next business day All types of advertisements must have the Nevada Broker's Name prominent The number of hours to renew a second year licensee's license is : 24 hrs continuing education An original licensee for the state of Nevada will be required to complete: 30 hours of post licensing education A Nevada licensee must deliver a copy of an agreement At the time of signing, or a reasonable time thereafter A Nevada Real Estate license may NOT be held by any of the following EXCEPT Non- residence of Nevada A Nevada Licensee my advertise as all of the following EXCEPT For sale by owner/Realtor If a sign advertising Property has the following information listed on it, what is illegal: "For sale by owner-$150,000 $1200 monthly PITI 365-7632-Ed's Realy Brokerage A Nevada Salesperson education requirements 90 hours of instruction 45 hours of law, including 18 hours Nevada law 45 hours principles A Nevada Broker/ Broker-salesperson education requirements -90 hours of instruction 45 hours of law, including 18 hours Nevada law 45 hours principles 64 college credits A Nevada Broker licensing requirements 2 years full time experience within the previous 4 years Enough money to run the brokerage for 180 days May have 2 broker license, 1 personal 1 corporate
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