Nevada salesperson outline

When must A buyers signature be notarized on the SRPDS

A NV PROPERTY report must be given to all timeshare buyers

To sell timeshares as a Nv broker salesperson you must compete a 14 hour class

A NV salesperson can only sell residential property under a NV broker

The NVREDA may issue certain fines against Nevada licensees

The Nevada NV testing center exam costs $100 each time you take a test

Brokerage signage must be prominent, not dominant

You may take the NV broker test without college units

Potential water and sewer fees do NOT have to be disclosed in a nv development of 650 homes

If an unlicensed person is found guilty of wrongdoing it is a felony D

CERLA was created to clean up hazardous waste and is overseen by EPA

Real property adjacent to open range property must have a livestock disclosure signed by all parties

What is Nevada’s fiscal year

Banks are not allowed to have NV REAL ESTATE LICENSE

Before escrow you must be notified of zoning

Nevada sales agent may sell residential property under a Nevada broker

Licenses in a nv brokerage must be displayed in a conspicuous place

A NV BUYER must accept the resale package at the signing of the purchase contract

A NV business broker is anyone permitted to sell business regardless of designation

An applicant for a nv brokers license of an LLC MUST BE MEMBER OF LLC

A buyer has __ calendar days to cancel a NV timeshare contract

Nevada salesperson must take a 14 hours course In order to sell timeshares

A Nevada sales agent must complete how many hours of NVCE to renew their license every two years

NV HOA are entitled to information regarding litigation

Nv brokerage files must be indexed or numbered consecutively for easy inspection by NVRED

The NVRED checks NV brokers offices whenever they want to

A nv broker must renew their license every year

Any NVREC can call a meeting with at least 3 days notice

The NVREC need not be a resident of Nevada for any length of time

A Nevada sales agent works under a Nevada project broker

Renewal of a NVBBP requires 3 hours of NVCE in nv business brokering

New homes do not need a SRPDS to be filled out

If a NV LIcensee is found guilty of discrimination there is a $5000 fine

An NV buyer has __ days to review the CCR’s and can rescind the contract

Nevada sales agent are issued a 2 year permit

If you have an inactive renewed license you can sell real estate for a commission

The NVREC holds hearings against NV licensee’s

Nevada sales agent must complete 90 hours of education

A NV BROKER salesperson can sell anything NV law and their NVB permits

A buyer may rescind a purchase contract in writing or verbally

40% of all underground storage tanks leak and cause groundwater contamination

At least 4 NVREC meetings are held a year, two in the north and one in the south

A Nevada project broker has 15 days to return monies after timeshare contract has been canceled

A Nevada unit broker must keep records for __ years or __ year after last installment payment

A nv SRPDS need only be filled out on resale residential property

A nv colored gaming overlay map must be given on new homes and updated every 6 months

A COOPERATIVE BROKER may be a partnership or corporation

Renewing a NV salesperson license requires a ______ hour post licensing course

Nvred is allowed to help an applicant for a nv brokers license

To sell commercial property another NV license is requires for a Nevada salesperson

Livestock that break down your fence may be killed if they damage your nv property

A death by murder in NV property must be disclosed to buyers

Cooperating brokers may only work for one Nevada broker

The NVRED administers the provisions of the NRS and NAC

A NVREDA may not have interest in a NV real estate brokerage

NV brokers take a different test from nv testing center than a nv salesperson

A NVREC may serve two terms of three years each consecutively

Polychlorinated biphenyls were banned in us in 1979 and are found in electrical insulation

NV counties over 700,000 in population need to disclose a NV COLORED GAMING MAP OVERLAY

NRS/NAC 119 regulations do NOT apply to cemetery lots and campgrounds

A seller must complete SRPDS within how many days of close of escrow

The ERRF is part of the state general fund

Cooperative broker may only sell NV real estate to NON Nevadan

A Nevada real estate commissioner must have been a broker for 5 years

Lead base paint must be disclosed in writing with a pamphlet for properties built before _______?

Denial of mv broker application doesn’t mean you can’t get a nv broker salesperson license

To have an inactive license it may be at the NVRED for less than 30 days

The NVREDA certifies the funds In the NVERRF at the end of the fiscal year

NV broker salesperson must take additional hours of education to get a NV license

Brown fields, in 2002, became law to clean what ?

Nv unconsummated transaction records do not need to be kept

A consumer may file a complaint against a NV licensee over the phone

A NVREC is paid for their service at a rate of $150 per week

You must notify NVRED location of records 10 days prior to moving them

In order to advertise NV water front property, water must touch the private property and be useable

All the records of the NVRED are open to the public

To have an inactive renewed license it must be at the NVRED for more than 30 days

A financial statement must show enough funds for brokerage for 18o days

A nv property management license allows you to manage residential property

There can be no more than NVREC’s from any county

You must have a NV license to sell mining claims in the state

Formaldehyde is found in insulation and was banned from use in 1982 in USA

A NV BROKER MUST BE A BROKER SALESPERSON FIRST

A seller must notify the buyer of any newly discovered defects ...

All licenses require the same NCVE to renew

An employee of the NVRED may hold a Nevada real estate license

There is a separate license issued to nv propert managers

A property manager that works for more than one owner must have a NV license

After an investigation, the complaint may be turned over to the NV AG

Full time r.e experience may be substituted for nv broker mgmt requirement

NV duties owed that were signed but nothing else was done must be kept 5 years by NVB

To be a nv property manager, you need only apply for the permit

A NV salesperson can only work for a Nevada project broker

A NEVADA sales agent can only sell time shares in Nevada

A NV broker salesperson must have 64 college credits, 24 MUST be in real estate

Nv gaming overlay maps are not required on land sales

A quorum constitutes all 5 NVREC’s

The NVREDA must have a strong background knowledge of real estate finance

To obtain full time real estate experience, you need...

A sellers NV licensee may fill out the SRPDS on behalf of the seller