Nevada state real estate law Questions With Complete Solutions Nevada real estate division - Correct Answers ✅Principle office in south (las vegas) Branch office in north (carson city) Requirements for Nevada real estate division employees - Correct Answers ✅Cannot have NV real license What nv real estate records are available to the public? - Correct Answers ✅All records held at the division are open to the public... except broker sales persons exam scores, criminal records of agent unless court ordered What are the duties of NV real estate division? - Correct Answers ✅1.Issuing and renewing NV licenses.
2.Collecting fines against licensees.
3.Investigating NV real property activities against licensees when warranted.
- Checking brokers and owner developers offices when
- different kinds of agencies - Correct Answers ✅1. Single
warranted.
agent 2.Assigned 3.licensee acting for both parties 1 / 2
Nevada state real estate law Questions With Complete Solutions What does NVRED stand for? - Correct Answers ✅Nevada real estate division.Who helps the NVRD? - Correct Answers ✅The NV attorney general acts as advisor.The attorney general will defend the NVRD against any action brought against it.Where are Nevada licensees fees, penalties and charges placed? - Correct Answers ✅The Nevada state general
fund EXPECT for :
- Sales and publications of various forms and NRS/NAC
- Examinations.
- NVERRF funds collected from Nevada licensees and
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regulations.
brokers.What does NRS stand for? - Correct Answers ✅Nevada revised statutes What does NAC stand for? - Correct Answers ✅Nevada administrative code What does NVERRF stand for? - Correct Answers ✅Nevada education, research and recovery fund