1.What type of notification must a Nevada real estate licensee provide to the Division when changing their personal information?
(A)Immediate notification
(B)No notification is required
(C)Notification within 60 days
(D)Notification within 30 days
2.What must a Nevada real estate salesperson do if they change their broker association?
(A)Notify the broker only
(B)Complete additional education requirements
(C)Update their personal information only
(D)Notify the Division in a timely manner
3.What is the required next step for a Nevada real estate salesperson after being convicted of a crime?
(A)Notify the client of the conviction
(B)File an appeal with the court
(C)Pay a fine to the court
(D)Provide timely notice to the Nevada Real Estate Division
4.What is the reason for denying a real estate license application in Nevada?
(A)Conviction of a felony
(B)Lack of experience
(C)Insufficient education
(D)All of the above
5.What is a reason for denial of a Nevada real estate salesperson license?
(A)Failure to complete continuing education
(B)Conviction of a crime
(C)Failure to pay a license fee
(D)All of the above
6.What must a Nevada real estate salesperson do when changing their broker association?
(A)Notify the Division in a timely manner
(B)Notify the previous broker
(C)Update their personal contact information
(D)Complete additional continuing education
7.A Nevada real estate salesperson changes their broker association. What must they do?
(A)Notify the Division immediately and the old broker
(B)Notify the Division within 30 days
(C)Notify the new broker only
(D)Update their personal website
8.What is a reason why a Nevada real estate license application may be denied?
(A)The applicant has a conviction for a felony
(B)The applicant has a conviction for a misdemeanor
(C)The applicant has not completed the required education
(D)All of the above
9.What is the reason for denying a Nevada real estate license application?
(A)Failure to complete the required education
(B)Conviction of a felony
(C)Both A and B
(D)Change of broker association
10.How often must a Nevada real estate salesperson complete continuing education requirements to maintain their license?
(A)Every 2 years
(B)Every 4 years
(C)Every 6 years
(D)Only once after initial licensure
11.What may result in the denial of a Nevada real estate license?
(A)Failure to complete continuing education courses
(B)Conviction of a crime
(C)Failure to pay a fee
(D)All of the above
12.What must a Nevada real estate salesperson do if they change their personal information, such as their address or name?
(A)Notify their broker
(B)No notification is required
(C)Update their license certificate
(D)Notify the Division
13.What must a Nevada real estate salesperson do if they change their personal contact information?
(A)Notify their broker
(B)File a new license application
(C)Notify the Division
(D)No action required
14.What is the entry-level license for a real estate professional in Nevada?
(A)Salesperson
(B)Broker
(C)Broker-Salesperson
(D)Property Manager
15.How often must a Nevada real estate salesperson renew their license?
(A)Every 2 years
(B)Every 4 years
(C)Every 6 years
(D)Every 10 years
16.What is the consequence of failing to notify the Nevada Real Estate Division of a conviction or guilty/nolo plea in a timely manner?
(A)Automatic license renewal
(B)License suspension
(C)License revocation
(D)Disciplinary action, including possible license suspension or revocation
17.Which of the following is a requirement for a Nevada real estate salesperson to renew their license?
(A)Completing a background check
(B)Paying a license fee
(C)Completing continuing education requirements
(D)Obtaining a broker's endorsement
18.What is the entry-level license for a Nevada real estate professional?
(A)Broker
(B)Broker-Salesperson
(C)Salesperson
(D)Property Manager
19.What is a reason for denial of a Nevada real estate license?
(A)Conviction of a felony
(B)Failure to complete continuing education requirements
(C)Change of broker association
(D)Change of personal information
20.What type of permit is required for a Nevada real estate licensee to manage property?
(A)Broker's permit
(B)Salesperson's permit
(C)Property Manager permit
(D)No permit required
Answer key & explanations
1. D — A Nevada real estate licensee must provide timely notification to the Division, typically within a certain timeframe, when changing their personal information, such as their name or address.
2. D — A Nevada real estate salesperson must notify the Division in a timely manner if they change their broker association.
3. D — Nevada licensees must give the Division timely notice of certain events, including a conviction or guilty/nolo plea.
4. D — A conviction of a felony, lack of experience, and insufficient education can all be reasons for denying a real estate license application in Nevada.
5. D — A conviction of a crime, among other reasons, can be a reason for denial of a Nevada real estate salesperson license.
6. A — A Nevada real estate salesperson must notify the Division in a timely manner when changing their broker association, as per Nevada regulations.
7. A — Nevada licensees must give the Division timely notice of certain events, including a change of broker association, and also notify their old broker.
8. D — A Nevada real estate license application may be denied for a variety of reasons, including a conviction for a felony or misdemeanor, or not completing the required education.
9. C — Both failure to complete the required education and conviction of a felony are reasons for denying a Nevada real estate license application.
10. A — Nevada real estate salespersons must complete continuing education requirements every 2 years to maintain their license.
11. D — In Nevada, failure to complete continuing education courses, conviction of a crime, and failure to pay a fee may all result in the denial of a real estate license.
12. D — Nevada licensees must give the Division timely notice of certain events, including changes in personal information.
13. C — Nevada licensees must give the Division timely notice of changes in personal information.
14. A — In Nevada, the entry-level license is the real estate salesperson, who must work under a licensed broker or broker-salesperson.
15. A — Nevada real estate licenses must be renewed every 2 years.
16. D — Failing to notify the Division of a conviction or guilty/nolo plea in a timely manner can result in disciplinary action, including possible license suspension or revocation.
17. C — Nevada real estate salespersons must complete continuing education requirements to renew their license.
18. C — Nevada's entry-level license is the real estate salesperson, working under a licensed broker or broker-salesperson.
19. A — A conviction of a felony is a reason for denial of a Nevada real estate license.
20. C — In Nevada, a Property Manager permit is required for a real estate licensee to engage in property management activities.
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