Catalog Effective Date: March 1, 2018
The Nevada Real Estate Practice pre-license course is designed to prepare students for passing the Nevada real estate license exam. In order to achieve this goal, the course content and testing materials are geared towards obtaining knowledge and an acceptable level of comprehension relating to the required course topics. After completing the course, students should understand and recall the definition of common terms, basic real estate concepts, methods, procedures, and principles. Students will also be able to understand and interpret the basic concepts and principles learned and apply those principles to fact situations.
How to Complete the Course
Nevada requires, as a part of its pre-license requirements, the mastery of an approved 90-hour course in real estate practice and law. The OnlineEd 90-hour Nevada Real Estate Practice course is organized into 19 chapters:
- Chapter 1 (Introduction) - Real Estate as a Career
- Chapter 2 - The Characteristics of Real Property
- Chapter 3 - Estates in Real Property and Forms of Ownership
- Chapter 4 - Transfer of Title
- Chapter 5 - Encumbrances
- Chapter 6 - Government Rights and Limitations on Private Land Ownership
- Chapter 7 - Contracts
- Chapter 8 - Specific Real Estate Contracts
- Chapter 9 - Real Estate Agency Law
- Chapter 10 - Real Estate Finance
- Chapter 11 - The Residential Lending Process
- Chapter 12 - Real Estate Valuation
- Chapter 13 - Fair Housing
- Chapter 14 - Escrow and Closing
- Chapter 15 - Federal Taxation
- Chapter 16 - Property Management and Landlord Tenant Law
- Chapter 17 - Nevada Real Estate License law
- Chapter 18 - Real Estate Residential Construction and Design
- Chapter 19 - Real Estate Arithmetic
At the end of each chapter there is a review quiz. The review exercise will focus the student's attention on key concepts presented in the chapter. All of the review exercises are geared towards testing the student's knowledge and comprehension of the presented material. Students may find it helpful to refer back to the text relating to the questions being asked. The answers given are reported to the student's instructor for progress monitoring.
Students are required to pass a final exam at the end of the entire course. This examination must be taken online. Access to the final examination will be given once a student has completed all of the course study materials and have passed all of the review quizzes. The final exam contains 150 questions in a multiple choice format. A score of 75% or better is required for passage. The OnlineEd system will instantaneously grade the test and return the test score to the student. If the student did not pass the final examination, the student may retake the examination after 48 hours from the prior failed attempt at the exam. During the 48-hour period, the student should review the text material relating to the missed test questions.
Student Material/Equipment Required
The OnlineEd course is presented via the internet. To access the course, students will need a computer with an internet connection and a web browser. All major operating systems and web browsers are supported, including Windows, MacOS, Linux, and BSD/Unix operating systems; Internet Explorer, Firefox/Mozilla, Opera, and Safari web browsers.
All of the course material may be read online. However, it is recommended that the student print the course material and put the material in binder notebooks. This will allow for use of the course material for future reference material and in many cases, will make review of the material prior to taking the state examination much easier. Course textbooks are available for purchase.
Student will be asked to verify their identity prior to taking any final examination. The student will be asked to enter certain personal information given at the time of registration.
All test scores are reported to the student's instructor for possible follow-up.
OnlineEd File Cabinet
The OnlineEd file cabinet contains resource information including Nevada Revised Statutes, Nevada Annotated Code, sample forms and documents, a glossary of terms, and support reference material.
Throughout the course, the student will be referred to the file cabinet for support materials. These support materials will give the student an opportunity to amplify the material presented in the course.
Completion and Assignment Timelines
This Nevada Pre-License Course may be completed by the student at the student's own pace. The course is designed to take 90 hours to complete. The time will be spent on reading the course text materials, studying the text materials to ensure concept understanding, completion of the course quizzes, review of support materials, and successful passage of the course final examination. All exercise quizzes and the final exams must be passed with a minimum score of 75%. There is no required progress with respect to proceeding with the course materials that is required of any student. Each student is solely responsible for their course progress, if any.
The student has 365 days from the time of initial course registration to complete the course materials and pass the final examination. At the end of the 365-day period, the student will be denied further access to the course material. Course period extensions may be available.
Course Price and Enrollment Procedures
The course includes all course material and testing materials as required by the Nevada Real Estate Division. The cost of your course represents tuition and fees. Fees are detailed in the course enrollment terms of service. If a payment plan is needed, you would like to apply for a veteran discount, or if you plan to pay using an assistance program, please call our business office at 1-866-519-9597 and ask to speak with the School Director's Office.
Student Conduct Policy
Students are expected to show respect, courtesy, and consideration when visiting the school or communicating by phone or by internet with instructional staff, customer service representatives, and technical support staff. Appropriate behavior includes, but is not limited to conducting him/her self in a professional, legal, and cooperative manner that is not disruptive, harassing, intimidating, or dangerous. Deviation from these standards may result in disciplinary action.
If disciplinary action is necessary the following steps may be taken by the school:
- Warning Notice - Warning notices are issued for failure to maintain the student conduct standard. The student will receive either a verbal or written (email, US mail, or fax) warning for not complying with school conduct policy. Failure to improve conduct may result in course suspension or termination.
- Suspension- Student has failed to comply with previous warning and is suspended for a specified period. Continuing with school/the program is contingent upon the student meeting the school's identified standards.
- Termination - Student is permanently withdrawn from school. ALTHOUGH THE SCHOOL HAS ESTABLISHED A PROCESS THAT INCLUDES A WARNING BEFORE TERMINATION, THE SCHOOL RETAINS THE AUTHORITY, AT ITS SOLE DISCRETION, TO IMPOSE IMMEDIATE TERMINATION WHEN THE SCHOOL DEEMS APPROPRIATE.
Withdrawal and Refund Information
Our refund policy is outlined in NRS 394.449:
NRS 394.449 - Requirements of policy for refunds by institutions.
1. Each postsecondary educational institution shall have a policy for refunds which at least provides:
(a) That if the institution has substantially failed to furnish the training program agreed upon in the enrollment agreement, the institution shall refund to a student all the money the student has paid.
(b) That if a student cancels his or her enrollment before the start of the training program, the institution shall refund to the student all the money the student has paid, minus 10 percent of the tuition agreed upon in the enrollment agreement or $100, whichever is less.
(c) That if a student withdraws or is expelled by the institution after the start of the training program and before the completion of more than 60 percent of the program, the institution shall refund to the student a pro rata amount of the tuition agreed upon in the enrollment agreement, minus 10 percent of the tuition agreed upon in the enrollment agreement or $100, whichever is less.
(d) That if a student withdraws or is expelled by the institution after completion of more than 60 percent of the training program, the institution is not required to refund the student any money and may charge the student the entire cost of the tuition agreed upon in the enrollment agreement.
2. If a refund is owed pursuant to subsection 1, the institution shall pay the refund to the person or entity who paid the tuition within 15 calendar days after the:
(a) Date of cancellation by a student of his or her enrollment;
(b) Date of termination by the institution of the enrollment of a student;
(c) Last day of an authorized leave of absence if a student fails to return after the period of authorized absence; or
(d) Last day of attendance of a student, whichever is applicable.
3. Books, educational supplies or equipment for individual use are not included in the policy for refund required by subsection 1, and a separate refund must be paid by the institution to the student if those items were not used by the student. Disputes must be resolved by the Administrator for refunds required by this subsection on a case-by-case basis.
4. For the purposes of this section:
(a) The period of a student’s attendance must be measured from the first day of instruction as set forth in the enrollment agreement through the student’s last day of actual attendance, regardless of absences.
(b) The period of time for a training program is the period set forth in the enrollment agreement.
(c) Tuition must be calculated using the tuition and fees set forth in the enrollment agreement and does not include books, educational supplies or equipment that is listed separately from the tuition and fees.
Additional Refund Information
If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled. Barring no agreement provided us, when we issue a refund to the third party and terminate your account, we will reinstate you in the course, provided you make request and full payment within 30 days from termination. If you do not reinstate within 30 days, you will need to start the course over from the beginning.
If you request a refund for bundled packages, we may refund you the cost of textbooks, provided you return them to to us shipping prepaid, unused, in new and resalable condition, and in the original packaging. You are responsible for the cost of shipping a return back to us. We will not refund shipping charges incurred for shipping a product to you because of your purchase. When we offer an item with free shipping, we deduct from your refund the actual cost of shipping you the order. When returning items to us, you should package returned items carefully and request a tracking number from your shipper. We will not be responsible for items lost or damaged in transit back to us. Items not returned in order for us to facilitate a timely refund to you will be processed without any credit for the returned item. There will be no credit for a returned item if it does not reach us within 15 days. Acceptance of the condition of the returned item is subject to our approval. Please understand that we are not a store and have no means of reselling unused, unpackaged, outdated, or damaged items. If your pre-license course was bundled with another course (one other than pre-licensing), and you completed any part of that course, in whole or in part, the current listed price of the course will be withheld from the refund.
OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within 3 business days of purchase. OnlineEd will not honor rebate requests for any products after 3 business days of purchase and will not price-match any competitor's products after a purchase is completed
Prerequisites, Credit for Previous Training, and Entrance Requirements
There are no prerequisites required prior to taking the OnlineEd Nevada Real Estate Practice course.
In order to obtain a salespersons real estate license, the following requirements must be met as set for in the Nevada Administrative Code 645.100:
NAC 645.100 Applicant for license as real estate salesman: Minimum age; requirements.
An applicant for a license as a real estate salesman must:
- Be at least 18 years of age
- Include with an application submitted to the Division pursuant to NRS 645.350:
- His fingerprint card as required pursuant to NRS 645.355
- Proof that he has satisfied the educational requirements for a license as a real estate salesman as set forth in NRS 645.343
- In accordance with NRS 645.358, the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520
- Proof that he has received a passing grade as described in NAC 645.220 on the examination for the license
- The verified statement required by NRS 645.350
- Any information required pursuant to NAC 645.150, including, without limitation, proof of honesty, truthfulness and good reputation
- The required fees
The student is advised to contact the Nevada Real Estate Division to determine whether the student will be eligible to sit for the Nevada Real Estate Salesperson License Examination. The contact number at the Nevada Real Estate Division is 775-687-4280 (Carson City office) or 702-486-4033 (Las Vegas office).
No credit for previous training is recognized by the NRED for the Nevada Real Estate Practices course. The Nevada Real Estate Practices course is 90 hours of course work that must be completed in full with OnlineEd prior to OnlineEd granting a certificate of course completion.
Upon completion of the Nevada pre-license course, you should be prepared to pass the Nevada real estate salesperson's examination. However, we do not guarantee that you will actually pass the examination. WE DO NOT WARRANT THAT EVEN IF YOU PASS THE NEVADA REAL ESTATE SALESPERSONS EXAMINATION THAT YOU WILL BE ABLE TO FIND A POSITION REQUIRING A NEVADA REAL ESTATE SALESPERSONS LICENSE. OnlineEd does not provide any career services or career placement services.
Faculty and Faculty Contact
OnlineEd is an online education provider. Upon enrollment, you will be assigned an online instructor. Nevada pre-license course instructors will be Marilee Mascarenhas.
Each student will be assigned a course instructor at the time of course registration. Students are encouraged to contact the instructor whenever the student feels that contact with the instructor will be helpful. The student may contact the instructor via mail, email, or phone with information provided at the time of purchase.
OnlineEd is an Approved School
OnlineEd is a school licensed by the Nevada Commission on Post-secondary Education. Inquiries regarding this post secondary school may be made to the Commission on Post Secondary Education, 8778 South Maryland Parkway Suite 115, Las Vegas, Nevada, 89123, telephone (702) 486-7330.
OnlineEd is an approved school under the provisions of NAC 645.400 as a provider of this Nevada Real Estate Practice course by the Nevada Real Estate Division, 2501 East Sahara Avenue, Suite 102, Las Vegas, Nevada 89104-4137.
OnlineEd is a web based provider of pre-license and continuing education courses for real estate licensees and those desiring to obtain a real estate license. OnlineEd, Inc., is an Oregon Corporation authorized to do business as a foreign corporation within the State of Nevada. OnlineEd's courses are available at www.OnlineEd.com. The company is located at 7405 SW Beveland, Portland, Oregon 97223. The telephone number is (503) 670-9278 or toll free at 1-866-519-9597. The fax number is (503) 974-2121. General inquiries may be sent to mail@OnlineEd.com The Director of Education Services is Jeff Sorg. Jeff Sorg may be contacted at jeff@OnlineEd.com. The president of OnlineEd is Harlow Spaan. The corporate office hours are 8:00 am to 5:00 pm, Monday through Friday.
All Nevada prelicense courses provided by OnlineEd are exclusively available via the internet. No live lecture or classroom courses are available.
Nevada Contact Information
OnlineEd maintains a Nevada office located at 3555 West Naples Drive, Las Vegas, Nevada 89103. Coni Meyers is the OnlineEd Nevada Director.