Mandatory continuing education course topic for Nevada real estate license renewal.
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The agency relationship is at the heart of the real estate profession. This course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market.
This 4-hour distance education course is approved by the Nevada Real Estate Division under the Mandatory CORE category of "Agency."
|Category:||Real Estate > Continuing Education > Nevada > Agency|
|Purpose:||Mandatory continuing education course topic for Nevada real estate license renewal.|
|Features:||Online Text, Printable Certificate, PDF eBook|
Course ID: CE.3206000-RE
Credit Hours Provided: 4
This course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market. The basic concepts of agency law are presented. The discussion of agency law is based upon both the common law concepts of agency and also the Nevada codification and expansion of agency law concepts. The fiduciary duties of the licensee are emphasized. Attention is also focused on the historical development of agency as it applies to the real estate industry. In this discussion, the concepts of seller representation, buyer representation and dual agency are examined in the context of modern brokerage practice. The specific requirements of the Nevada agency disclosure law and procedures are also presented.
The course contains approximately fifty-one pages of text plus two appendices and four section quizzes. The section quizzes, cover page, first four introductory pages and appendices are not counted as course text content. The course is divided into five sections and two Appendixes. A review quiz of five questions follows Section 1, 2, 3 and 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section.
At the end of the course a final examination of 54 questions is required: forty questions are in true or false format. Fourteen questions are in a multiple choice format. A test score of 75% or greater is required for course completion.
The Real Estate Division requires that the final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will not be given the questions which were answered incorrectly.
This course will remain available to students for 730 days after enrollment.
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.