NV Real Estate Law Exam Questions and Answers 100% Pass

NV Real Estate Law Exam Questions and Answers 100% Pass who CANNOT have a NV real estate license or personal / financial interst in NV real estate company - Answer- NVRED / NVREDA Whats NOT open to the public? - Answer- Broker/brokersalperson exam, criminal and financial records NVRED duties? (4) - Answer- customer service issuing and renewing license investigation checking NV brokers office Who helps NVRED? - Answer- The Attorney General Where Are NV Licensee's Fees, penalties & charges Placed? - Answer- Nevada State General Fund What does NOT go into NV State General Fund (3) - Answer- NRS/NAC regulations Examinations NVERRF funds collected from Nevada licensees and Nevada brokers When a consumer complains... - Answer- They must bring a written statement of fact If not a NV licensee - Answer- turns over to District Attorney, if guilty - felony D If a NV licensee - Answer- set up a hearing with NVREC within 90 days penalties against NV licensee - Answer- not more than $10,00 per offense who appoints NVREDA - Answer- NVDBI NVREDA should have a strong background in _________ - Answer- in real estate principles and practices, real estate agency laws NVREDA duties - Answer- investigates setup hearing for NV licensee with NVREC set up hearing for non NV licensee with District attorney check NV brokerage office when warrante