Kevin is a newly licensed Nevada real estate salesperson who has just affiliated with Apex Realty, a licensed Nevada brokerage. Kevin's supervising broker informs him that he must complete post-licensing education within the first renewal period. Under Nevada law, how many total hours of pre-licensing education must a salesperson candidate complete before being eligible to sit for the Nevada licensing exam?
Correct Answer
B) 120 hours of pre-licensing education
Under NRS 645.343 and NAC 645, a Nevada real estate salesperson applicant must complete 120 hours of approved pre-licensing education before sitting for the licensing exam. This 120-hour requirement is divided into specific courses: Real Estate Principles (45 hours), Real Estate Law (45 hours), and a Nevada-specific course (30 hours). The breakdown into specific courses — not a single undifferentiated block — is an important Nevada-specific detail.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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- → For the Wyoming salesperson state portion, a licensee asks how long Wyoming renewal periods are. Which statement is correct?
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