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Nevada State Requirements

Education Requirements

Salesperson Licensing Requirements

NAC 645.435 Course required to obtain original license as salesman. (NRS 645.190, 645.343)

  1. A course of instruction in real estate principles, practices, procedures, law and ethics which is designed to meet the educational requirements of an applicant for an original license as a salesman must consist of:
    • At least 90 hours of classroom lectures; or
    • The equivalent in a correspondence or extension course.
  2. The content of the course must be divided among subjects listed in NAC 645.210, including:
    • At least 45 hours on the principles and practices of real estate, which must include:
      • Brokerage and laws of agency, 21 hours.
      • Valuation and economics, 12 hours.
      • Finance, 12 hours.
    • At least 45 hours on the law of property and the regulation of brokers and salesmen and the ethics of selling real estate, which must include:
      • Ownership, transfer and use of property, 25 hours.
      • Chapters 113, 116, 119, 119A, 645, 645C and 645D of NRS and the regulations adopted pursuant thereto, 18 hours.
      • Applied practice and statutory disclosures, 2 hours.

Broker Licensing Requirements

NAC 645.437 Approval of course in broker management required to obtain original license as broker or broker-salesman. (NRS 645.190, 645.343)

  1. A course of instruction in broker management that is designed to fulfill the educational requirements for issuance of an original license which are described in paragraph (d) of subsection 2 of NRS 645.343 must be approved by the Commission.
  2. To be approved by the Commission, a course in broker management must include, without limitation:
    • Six hours of instruction relating to office policy and procedure, risk management, errors and omissions, controlled business arrangements, compensation, employee-employer relationships and the status of independent contractors;
    • Three hours of instruction relating to creating business plans;
    • Three hours of instruction on forms used by real estate brokerages for real estate transactions;
    • Six hours of instruction that provides an overview of programs for financing real estate transactions, including, without limitation, terminology relating to such programs, the cost of transactions, customary transaction closing costs, and transaction cost and net sheets;
    • Six hours of instruction in state and local laws;
    • Six hours of instruction on federal laws governing real estate transactions;
    • Six hours of instruction on professional relationships between agents and their clients;
    • Three hours of instruction on valuation of real estate and general principles of economics; and
    • Six hours of instruction on emerging trends and practices.

Continuing Education Requirements

NAC 645.448 Specific requirements for renewal of license other than initial license and for reinstatement of license. (NRS 645.190, 645.575)

  1. Except as otherwise provided in subsection 3, a real estate salesman who wishes to renew his license must complete at least 24 hours of continuing education at approved educational courses, seminars or conferences during the license period for the license. Not less than 12 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
    • Three hours in the area of agency relationships;
    • Three hours in the area of Nevada law with an emphasis on recent statutory and regulatory changes;
    • Three hours in the area of contracts; and
    • Three hours in the area of ethics.
  2. Except as otherwise provided in subsection 3, a real estate broker or real estate broker-salesman who wishes to renew his license must complete at least 24 hours of continuing education at approved educational courses, seminars or conferences during the license period for the license. Not less than 15 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
    • Three hours in the area of agency relationships;
    • Three hours in the area of Nevada law with an emphasis on recent statutory and regulatory changes;
    • Three hours in the area of contracts;
    • Three hours in the area of ethics; and
    • Three hours in the area of broker management.
  3. The requirements for continuing education set forth in subsections 1 and 2 do not apply to the renewal of a license upon the expiration of the initial license period for the license.
  4. If a license has been placed on inactive status and the licensee wishes to have the license reinstated, the licensee must comply with the following requirements:
    • If the license was on inactive status for 2 years or less, any part of which was during the initial license period for the license, the licensee must complete at approved educational courses, seminars or conferences:
      • The 30-hour postlicensing course described in NAC 645.4442; and
      • At least 18 hours of continuing education. Not less than 12 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
        • Three hours in the area of agency relationships;
        • Three hours in the area of Nevada law with an emphasis on recent statutory and regulatory changes;
        • Three hours in the area of contracts; and
        • Three hours in the area of ethics.
    • If the license was on inactive status for 2 years or less, no part of which was during the initial license period for the license, the licensee must complete at least 24 hours of continuing education at approved educational courses, seminars or conferences. Not less than 12 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
      • Three hours in the area of agency relationships;
      • Three hours in the area of current Nevada law with an emphasis on recent statutory and regulatory changes;
      • Three hours in the area of contracts; and
      • Three hours in the area of ethics.
    • If the license was on inactive status for more than 2 years, any part of which was during the initial license period for the license, the licensee must complete at approved educational courses, seminars or conferences:
      • The 30-hour postlicensing course described in NAC 645.4442; and
      • At least 24 hours of continuing education. Not less than 12 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
        • Three hours in the area of agency relationships;
        • Three hours in the area of current Nevada law with an emphasis on recent statutory and regulatory changes;
        • Three hours in the area of contracts; and
        • Three hours in the area of ethics.
    • If the license was on inactive status for more than 2 years, no part of which was during the initial license period, the licensee must complete at least 48 hours of continuing education at approved educational courses, seminars or conferences. Not less than 12 of the hours must be devoted to ethics, professional conduct or the legal aspects of real estate, including:
      • Three hours in the area of agency relationships;
      • Three hours in the area of current Nevada law with an emphasis on recent statutory and regulatory changes;
      • Three hours in the area of contracts; and
      • Three hours in the area of ethics.
  5. Not more than 3 hours of any of the required hours set forth in this section for continuing education may be taken in courses for personal development.

Post-License Requirements

NAC 645.4442 Courses required for first-year licensees; standards for courses. (NRS 645.190, 645.575)

  1. Each first-year licensee shall take a prescribed postlicensing course of education that focuses on practical applications of real estate transactions. The postlicensing course:
    • Must not repeat the content of the course work required to meet the educational requirements for an original license;
    • Must constitute the 30 hours of education required pursuant to NRS 645.575;
    • Must be offered in modules; and
    • Must be provided through live instruction in which the licensee and the instructor are in the same room, except that first-year licensees who live in a rural area may, with the prior written approval of the Division, take the postlicensing course as an interactive or televideo course that involves interaction with the instructor and other students.
  2. The postlicensing course may include material that has not previously been approved or allowed for continuing education credit. Courses approved for postlicensing education will not be accepted or approved as a course for continuing education.
  3. The curriculum for postlicensing education must contain at least 15 modules that include, without limitation:
    • Real estate contracts, including the writing and presenting of a purchase agreement and qualifying prospects;
    • The listing process, market analysis and inspections;
    • Communication, technology and records management, including time management, goal setting and devising a plan of action;
    • Buyer representation, including the buyer's brokerage contract, fiduciary duties, disclosures, cooperation between agents and new-home tracts;
    • Professional conduct, etiquette and ethics;
    • Advertising, including Regulation Z of the Truth in Lending Act of the Federal Trade Commission issued by the Board of Governors of the Federal Reserve System, 12 C.F.R. Part 226, fair housing, the multiple-listing service, Internet websites and electronic mail;
    • Proceeds of sale, costs of sale and cost sheets;
    • Agency relationships;
    • Land;
    • Regulatory disclosures, including disclosures required by federal, state and local governments;
    • Property management and the management of common-interest communities;
    • Escrow, title and closing processes;
    • Financing;
    • Negotiation; and
    • Tax opportunities and liabilities related to the client.

Case Management Procedures For Continuing Education

If a course is approved, the sponsor shall provide a certified copy of the record of attendance or record of completion to the licensee upon his completion of the course. The Division shall accept the certificate as proof of the attendance of the licensee or completion of the course by the licensee for the purpose of renewal or reinstatement of his license. If the course is taken at a university or community college, the proof of attendance must be a certified transcript. The certificate of a sponsor must contain the:

  1. Name of the sponsor;
  2. Name of the licensee and his license number;
  3. Number of hours of credit for continuing education for which the course is approved;
  4. Dates of instruction for a course of instruction in a classroom;
  5. Date of completion of the course for a course of distance education;
  6. Title of the course or seminar;
  7. Number of the sponsor assigned by the Division and a statement that the course was approved by the Commission;
  8. Signature of the person authorized to sign for the sponsor;
  9. Grade received by the licensee or a statement of whether the licensee passed the class if an examination was given; and
  10. Manner in which instruction for the course was delivered.

NAC 645.444 Approved courses: Evaluation by students. (NRS 645.190, 645.575)

  1. Each approved course and each instructor of an approved course must be evaluated by students on a form prescribed by the Division and provided by the sponsor during every course offering.
  2. The sponsor shall:
    • Arrange for the collection of the completed evaluations by a person other than the instructor of the approved course; and
    • Mail or deliver copies of the completed evaluations to the Division within 10 working days after the last day of class for the course.