NEVADA
Original Real estate licenses are valid for a one year period ending the last day of the month during which you obtained your license. Each renewal thereafter is for a 2 year period. There is no grace period for renewal.
Renewal notices are sent as a courtesy approximately six weeks prior to expiration. Renewal education requirements are the same for a sales, broker-sales, and broker licenses.
FIRST RENEWAL:
30 Hours Post Licensing
Renewal Fee
-- $180.00 for sales license; or
-- $220.00 for broker and broker-sales licenses
Completed Renewal Form
SECOND and SUBSEQUENT RENEWAL:
24 Hours Continuing Education as follows:
-- 3 hours - Agency Relationships
-- 3 hours - Nevada Law - recent legislation and regulation
-- 3 hours - Contracts
-- 3 hours - Ethics
The remaining 12 hours may be general courses (G) or additional designated courses (3 hours personal development (PD) maximum).
Renewal Fee
-- $180.00 for sales license; or
-- $220.00 for broker and broker-sales licenses
Completed renewal form.
Fair Housing 4 Hrs
Environmental Hazards 4 Hrs
Real Estate Finance 4 Hrs General
Agency Relationships 4 Hrs Agency
Real Property Ownership and Land Use 4 Hrs General
Nevada CE Law and Legislation 3.0
Asset Management 3 Hrs General
Real Estate Math 3 Hrs General
ERC Relocation: Assisting Corporate Transferees 3 Hrs
ERC Fair Housing & Diversity:
Focus on Relocation 3 Hrs Ethics
National Broker Exam Prep Exam Prep
National Salesperson Exam Prep Exam Prep
Real Estate Finance 4.0
Sales Negotiations Package 19.0
Gramm Leach Bliley Act 1.0
Creating Value Through Innovation 1.0
Workplace Violence 1.0
Consumer Protection Law 1.0
Managing Corporate Records 1.0
Evaluating Financial Performance 2.0
Dealing with Conflict and Confrontation 2.0
Dealing with Difficult People 2.0
Qualified Retirement Plans and IRAs 2.0
Anti-Money Laundering 2.0
Capital Budgeting Analysis 2.0
Qualified Retirement Plans and IRAs 2.0
The Management of Capital 2.0
RESPA 2.0
Understanding Economic Components 3.0
Asset Management 3.0
Commercial General Liability Insurance 3.0
Business Writing 3.0
Understanding an Appraiser's Role 3.0
Wills and Trusts 3.0
Appraisal Basics for Real Estate Agents 3.0
Estate Planning - Advanced 3.0
Estate Planning - Basic 3.0
Fair Housing 3.0
Introduction to Commercial Real Estate 3.0
Analyzing Financial Statements Advanced 3.0
Understanding Securities Trading 3.0
Annuities 3.0
Arbitration and Mediation 3.0
Corporate Pension Plans 3.0
Investment Analysis 3.0
Investment Risk and Policy 3.0
Life, Health, Disability and Long Term Care 4.0
Prospecting, Selling & Closing 4.0
1031 Exchanges 4.0
Margin Accounts 5.0
Understanding Different Types of Security Investments 5.0
Equities 5.0
Creating Value Through Financial Management 6.0
Introduction to Property and Casualty
and the Insurance Contract 6.0
Employment Law 6.0
Estimating the Gross Living Area 6.0
Agency Operations 6.0
Negotiations- Reading People 6.0
Understanding the Rules of NASD 6.0
Negotiations- Effective Communication 6.0
Negotiations- Negotiations 7.0
Property Insurance 8.0
Building a Real Estate Practice 30.0
Sample Courses
Liens, Taxes and Foreclosures
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.
The first lesson presents a general overview of liens. It explains the classification of liens and discusses the types of non-tax liens. Lesson two discusses taxes and tax issues, including ad valorem taxes, real estate tax computation, special assessments, real estate transfer taxes, federal income taxes, capital gains taxes and tax shelters for homeowners and investors. It also discusses the priority of liens. Lesson three addresses the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure and fraudulent behaviors related to foreclosure.
The conclusion of this module presents real world dilemmas and applications of the information presented. As the student completes the module, he or she should try to paint a big picture of the issues surrounding liens, taxes and foreclosures, which the module addresses with comprehensive questions, activities and case studies.
Learning Objectives
Define the terms lien and tax lien and understand their operation.
Recognize the different types of liens and know how their priority is established.
Identify and describe types of non-tax liens.
Understand how ad valorem taxes and special assessments are levied.
Know how homeowners and investors can save on federal income taxes and capital gains taxes through the use of tax shelters.
Describe and list different types of foreclosures.
Recognize alternatives to foreclosure and common scams related to foreclosure.
1031 Real Estate Exchange
The purpose of this course is to offer a broad understanding of the purpose and execution of the 1031 tax-deferred exchange. This class will empower you to provide your clients with an alternative to paying capital gains taxes, however the course is not intended to allow or suggest that the student is now empowered to give tax advice. Real estate professionals should always recommend that a client get accurate advice from a qualified tax specialist.
When engaging in real estate transactions it is always recommended that the client seek the advice of a qualified tax specialist as tax laws frequently change, and in many cases the real estate professional does not know the client’s total tax picture. There are circumstances in which the 1031 tax-deferred exchange is not the best avenue for a particular client at a particular time. On the other hand, it is important from the standpoint of professional liability that real estate experts at least explain the concept of the 1031 exchange to his investor client.
This module includes the following lessons:
- Introduction to 1031 Real Estate Exchange
- Mechanics of the 1031 Exchange
- Practice and Case Studies
After completing this module, the student will be able to:
- Know why taxpayers use 1031 exchanges
- Assist investors with the use of 1031 exchanges
- Realize how 1031 exchanges benefit real estate professionals
- Work through a 1031 exchange
- See the 1031 process through the professional’s eyes
- Know the role of and need for a qualified intermediary
- Differentiate between like-kind and non-like-kind property
- Know the different types of 1031 exchanges
- Know how to properly document a 1031 exchange
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