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Practice Of Real EstateLicense_lawMEDIUM

Robert has been a licensed Nevada salesperson for two years. He wants to become a broker. Under Nevada law, which combination of requirements must Robert satisfy to qualify for a Nevada broker license?

Correct Answer

B) Complete additional broker pre-license education, meet the minimum active experience requirement, and pass the Nevada broker examination

Under NRS 645.343, a Nevada broker applicant must complete the required broker pre-license education (which includes additional coursework beyond the salesperson curriculum), demonstrate the required minimum active experience as a licensed salesperson or broker-salesperson, and pass the Nevada broker examination administered by PSI. All three elements — education, experience, and examination — are required.

Answer Options
A
Pass the broker examination only; no additional education or experience is required beyond the salesperson license
B
Complete additional broker pre-license education, meet the minimum active experience requirement, and pass the Nevada broker examination
C
Hold a salesperson license for at least five years and pass the broker examination, with no additional education required
D
Complete 45 hours of broker education and pass the broker examination, with no experience requirement

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Related Topics & Key Terms

Key Terms:

broker_licenselicense_requirementsexperience_requirementbroker_examination

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