Nevada law real estate Exam Questions and Answers 100% pass

Nevada law real estate Exam Questions and Answers 100% pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- 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 ? - Answer- 20 A Nevada license may have their license revoked by : - Answer- The Nevada Real Estate Commision A Nevada Salesperson who receives money from a client must turn the money over to their Nevada Broker - Answer- The next business day All types of advertisements must have the Nevada Broker's - Answer- Name prominent The number of hours to renew a second year licensee's license is : - Answer- 24 hrs continuing education An original licensee for the state of Nevada will be required to complete: - Answer- 30 hours of post licensing education A Nevada licensee must deliver a copy of an agreement - Answer- 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 - Answer- Non-residence of Nevada A Nevada Licensee my advertise as all of the following EXCEPT - Answer- 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 - Answer- Brokerage A Nevada Salesperson education requirements - Answer- 90 hours of instruction 45 hours of law, including 18 hours Nevada law 45 hours principles A Nevada Broker/ Broker-salesperson education requirements - Answer- -90 hours of instruction 45 hours of law, including 18 hours Nevada law