Nevada Real Estate Salesperson Exam — All Questions
7 questions
A Nevada salesperson license authorizes brokerage activity:
- a.Only while associated with a licensed Nevada broker✓
- b.At any time after the licence has once been issued
- c.Only after two years of continuous active licensure
- d.Only when the Division grants a written exemption
A Nevada salesperson may perform brokerage activity only while associated with a licensed broker. The license is not active for practice until the salesperson is placed under a broker, and the salesperson must re-associate with another broker before continuing after leaving one.
An applicant for an original Nevada real estate salesperson's license must complete a course of instruction of at least:
- a.45 hours, of which 9 must be on agency
- b.120 hours, including 15 hours on contracts and 15 on agency✓
- c.90 hours, including at least 12 hours on Nevada law
- d.180 hours, including at least 30 hours on real estate appraisal
The salesperson pre-license course must be not less than 120 hours and must include at least 15 hours on the preparation of contracts and at least 15 hours on agency; the regulation splits the rest into 45 hours of principles and practices and 45 hours of law and ethics, 18 of which are Nevada law. The 120-hour course replaced the old 90-hour course for applicants on and after October 1, 2021, so the 90-hour figure is no longer correct. Cite: NRS 645.343(1); NAC 645.435(1), (2).
Under NRS 645.780, the initial license period for an original Nevada salesperson's license and each period after renewal are:
- a.24 months, and then 48 months for each renewal
- b.48 months, and then 48 months for each renewal
- c.12 months, and then 12 months for each renewal
- d.12 months, then 24 months✓
The initial license period for an original broker's, broker-salesperson's or salesperson's license is 12 consecutive months beginning the first day of the month after issuance; each subsequent period is 24 consecutive months. Licenses expire at midnight on the last day of that period. Cite: NRS 645.780(1), (2).
For any renewal after the first, a Nevada salesperson must complete continuing education of:
- a.36 hours, including 3 of agency, 3 of Nevada law, 6 of contracts and 3 of ethics✓
- b.24 hours, including 6 of agency, 6 of Nevada law, 6 of contracts and 6 of ethics
- c.30 hours, including 6 of broker management
- d.36 hours every year, of which 12 must be Nevada law
The statute sets a floor of 36 hours of continuing education, and the regulation allocates a salesperson's 36 hours as 3 hours agency, 3 hours Nevada law, 6 hours contracts, 3 hours ethics, 3 hours risk reduction and 18 hours of approved electives, proved before the end of each 2-year renewal period. Cite: NRS 645.575(2)(a); NAC 645.448(1).
How must a Nevada licensee take the continuing education required to renew a license?
- a.Every hour must be completed through distance education
- b.A licensee in a rural area must still attend every hour in person
- c.At least half must be live, with licensee and instructor in one room✓
- d.No more than 6 hours may be taken in any single subject area
At least 50 percent of the required continuing education hours must be taken through live instruction in which the licensee and the instructor are in the same room. A licensee who lives in a rural area may ask the Division in advance to approve distance education instead. Cite: NAC 645.448(4).
A first-time Nevada licensee must complete the prescribed postlicensing course:
- a.Before the original license is issued by the Division
- b.Within the first year immediately after initial licensing✓
- c.Within 30 days after the licensee's first closed sale
- d.At any point before the second renewal of the license
Each first-time licensee must take a prescribed postlicensing course focused on practical application, offered in at least 15 modules through live instruction, and must give the Division proof of completion within the first year immediately after initial licensing. Cite: NAC 645.4442(1); NRS 645.575(3)(b)(1).
A licensed Nevada salesperson who wants a permit to engage in property management must show the Division proof of:
- a.Two years of documented experience managing rental units
- b.A broker's license and the Commission's written approval
- c.45 classroom hours of instruction in property management
- d.24 classroom hours of property management instruction✓
An applicant for a property management permit must furnish proof of successfully completing at least 24 classroom hours of instruction in property management. The permit expires and renews with the license, and renewal requires at least 3 of the license's continuing education hours to be in property management. Cite: NRS 645.6052(2)(a), (4)(a).