Nevada · state portion

Free Nevada Licensing Requirements practice questions

10 original questions with full explanations. 1 of the 40 scored state-portion questions (about 3%) come from this area.

1. 1

   A Nevada real estate salesperson wishes to change their broker association. What must they do?

   • A. Notify the Division immediately
   • B. Notify their current broker only
   • C. Wait until their license renewal
   • D. No notification is required
   Show answer & explanation

   Answer: A

   Nevada licensees must give the Division timely notice of certain events, including a change of broker association.

2. 2

   Which of the following is a reason for denial of a Nevada real estate salesperson license?

   • A. Lack of pre-licensing education
   • B. Conviction of a felony
   • C. Failure to pass the licensing exam
   • D. All of the above
   Show answer & explanation

   Answer: D

   All listed options can be reasons for denial of a Nevada real estate salesperson license.

3. 3

   A Nevada real estate salesperson's license may be denied due to which of the following reasons?

   • A. Failure to complete required education
   • B. Failure to pass the licensing exam
   • C. Criminal conviction
   • D. All of the above
   Show answer & explanation

   Answer: D

   A Nevada real estate salesperson's license may be denied due to various reasons, including failure to complete required education, failure to pass the licensing exam, or a criminal conviction.

4. 4

   What is required for a Nevada real estate salesperson to change their broker association?

   • A. Notification to the Division within 30 days
   • B. Notice to the prior broker only
   • C. No notification is required
   • D. Approval from the Real Estate Commission
   Show answer & explanation

   Answer: A

   A salesperson must give the Division timely notice of a change of broker association.

5. 5

   Which of the following is a requirement for obtaining a Nevada real estate salesperson license?

   • A. Being at least 21 years old
   • B. Having a high school diploma
   • C. Having 2 years of real estate experience
   • D. Completing a state-approved education course
   Show answer & explanation

   Answer: D

   To obtain a Nevada real estate salesperson license, an individual must complete a state-approved education course, among other requirements.

6. 6

   What type of permit is required for a Nevada real estate professional to manage rental properties?

   • A. Broker's license
   • B. Salesperson's license
   • C. No permit is required
   • D. Property Manager permit
   Show answer & explanation

   Answer: D

   In Nevada, a property manager permit is required for a real estate professional to manage rental properties.

7. 7

   What is the consequence of a Nevada real estate licensee failing to notify the Division of a conviction or guilty/nolo plea?

   • A. License suspension
   • B. License revocation
   • C. No action will be taken
   • D. Fine and possible license suspension
   Show answer & explanation

   Answer: D

   Failing to provide timely notice of a conviction or guilty/nolo plea may result in a fine and possible license suspension.

8. 8

   What is the consequence of failing to renew a Nevada real estate license on time?

   • A. License suspension
   • B. License revocation
   • C. Fine
   • D. Automatic reinstatement
   Show answer & explanation

   Answer: A

   Failing to renew a Nevada real estate license on time may result in license suspension.

9. 9

   What is the purpose of the timely notification requirement for Nevada real estate licensees?

   • A. To allow the Division to monitor licensee activity
   • B. To provide the Division with current contact information
   • C. To collect license fees
   • D. To enable the Division to enforce licensing requirements and protect consumers
   Show answer & explanation

   Answer: D

   The purpose of the timely notification requirement is to enable the Division to enforce licensing requirements and protect consumers.

10. 10

    What is required for a Nevada real estate salesperson to renew their license?

    • A. Complete a background check
    • B. Pass the licensing exam again
    • C. Pay a license fee only
    • D. Complete continuing education requirements
    Show answer & explanation

    Answer: D

    To maintain their license, Nevada real estate salespersons must complete continuing education requirements and renew their license.