Nevada Real Estate Broker Exam — All Questions
3 questions
In Nevada, a licensee who holds broker qualifications but works under a supervising broker rather than running a firm is a:
- a.Salesperson
- b.Broker-Salesperson✓
- c.Community Association Manager
- d.Business Broker
A Nevada Broker-Salesperson holds broker qualifications but works under a supervising broker rather than operating the brokerage. This is distinct from a salesperson (lower tier), a Community Association Manager (a separate permit for managing associations), and a Business Broker (a separate specialty). Only a Broker carries firm-level supervisory responsibility.
A Nevada broker candidate must complete an additional course of how many hours focused on broker management?
- a.15 hours
- b.30 hours
- c.45 hours✓
- d.90 hours
Nevada requires a 45-hour Broker Management course in addition to the general prelicense education before a candidate can qualify as a broker. The course covers brokerage operations, supervision, and trust handling at the broker level, which is part of what distinguishes the broker tier.
In addition to the 45-hour Broker Management course, a Nevada broker candidate must generally have:
- a.An experience requirement based on active practice as a licensee✓
- b.A four-year appraisal degree
- c.A community association manager permit
- d.A business broker permit
Nevada broker candidates must meet an experience requirement based on active practice as a licensee, in addition to the 45-hour Broker Management course. An appraisal degree, a CAM permit, and a business broker permit are separate credentials and are not prerequisites for the real estate broker license.