NV Licensing Requirements & Procedures Flashcards
(10 cards)
What is the minimum age requirement to obtain a real estate license in NV?
18 years
What are the requirements for obtaining a broker’s license in Nevada?
Two years of active real estate experience within the previous 4 years.
How often must a NV real estate license be renewed?
Every two years
What is required to reactivate an inactive real estate license in NV?
Completing continuing education and submitting a reactivation form
What is the minimum number of continuing education hours required for a NV real estate license renewal?
24 hours
NV requires licensees to complete 24 hours of continuing education every two years. This includes specific hours dedicated to mandatory courses such as ethics and law updates.
How often must NV licensees complete their continuing education requirements?
Every 2 years
What are the consequences of failing to complete continuing education requirements in NV?
License expiration
What is the specific content focus of the NV real estate licensing exam?
Both national & state-specific content. The state-specific portion tests knowledge of NV laws regulations, and procedures unique to real estate practices in NV.
How many questions are typically on the Nevada real estate licensing exam?
120 questions, combining both national & state-specific portions to access comprehensive real estate knowledge
What is the passing score for the exam?
The licensing exam requires a passing score of 75%