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Nevada Real Estate License Requirements

Applicants for a real estate salesperson license must show, pursuant to NAC 645.435, proof of completion of the required 90 hours or 6 semester units of instruction in real estate principles, practices and law from a Nevada Real Estate Commission accredited provider . The course must include a minimum of 18 hours of Nevada law, consisting of NRS 645, 119, 119A, 119B and their respective administrative codes. Certified transcripts must be submitted with the license application. Copies of certified transcripts are accepted.

Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state (if dated within one year of the date of application for a Nevada real estate license) but must show proof of those results.

BROKER AND BROKER/SALESPERSON LICENSE
Applicants must show proof of completion of *64 semester units, comprised of:

Course Topic *Requirements Eff 1/1/01
Real Estate Law
(including 18 hours of Nevada real estate law, not waived by experience)
3 Semester Units
Real Estate Principles 3 Semester Units
Real Estate Appraisals 3 Semester Units
Real Estate, Business, or Economics 15 Semester Units
Broker Management Training (not waived by experience) 3 Semester Units
Non-specified units - can be in general studies from an accredited university or college.  Non-credit courses are not applicable. 37 Semester Units
UNIT TOTAL 64

Broker license applicants who hold a valid real estate salesman's license are entitled to receive credit for the equivalent of 16 semester units of college level courses for each two years of active experience as a licensed real estate salesman or broker. The license must be VALID in that state at the time of application in Nevada. This credit may not be applied against the 45 hour Broker Management Training nor the 18 hour Nevada law requirement.

Applicants for a Broker's license must have been actively engaged as a full-time licensed real estate broker or salesman for at least two (2) of the four (4) years immediately prior to the issuance of a Nevada Broker license. Applicants may apply for a Broker/Salesperson license without meeting the experience requirement but must meet the testing and education requirement of a Broker.

Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state but must show proof of those results and meet the one year deadline.

PROPERTY MANAGEMENT PERMIT
Applicants must:
• Show proof of having a Nevada real estate license;
• Show proof of attending an accredited 24-hour Property Management pre-permit course
• Show proof of passing the Nevada Property Management state examination within one year of date of application.
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. If you do not receive the notice, use the generic renewal form at http://www.red.state.nv.us/forms/580.pdf . Licenses may be renewed up to 30 days prior to the renewal deadline date.

Renewal education requirements are as follows:

FIRST RENEWAL:
1. 30 Hours Post-Licensing. A combination of continuing education and post-licensing courses are not accepted.
2. Renewal Fee
- $180.00 for sales license; or
- $220.00 for broker and broker-sales licenses
3. Completed Renewal Form

645.4442—Post-licensing Education*
The requirement for post-licensing education does not apply to a first-year licensee who: (a) Holds a real estate license issued by another state or territory of the United States, or the District of Columbia, on the date on which the first-year licensee obtains a real estate license issued by the State of Nevada; (b) Held a license as a real estate broker, real estate broker-salesman or real estate salesman issued by the State of Nevada within the 5 years immediately preceding the date on which the first-year licensee obtained a license as a real estate salesman; or (c) Is licensed as a real estate broker-salesman and obtained the qualifications for licensure as a real estate broker-salesman pursuant to the provisions of subsection 4 of NRS 645.343.

*Those who qualify for 645.4442 are required to complete 30 hours of continuing education as follows:

Real Estate Salespersons:
30 hours consisting of 12 hours of required courses that include 3 hours each of: Agency, Contracts, Ethics, and Law & Legislation and 18 hours of General courses with an optional maximum of 3 hours in personal development.

Real Estate Broker or Broker Salespersons:
30 hours consisting of 15 hours of required courses that include 3 hours each of: Agency, Contracts, Ethics, Law & Legislation, and Broker Management and 15 hours of General courses with an optional maximum of 3 hours in personal development.

SECOND and SUBSEQUENT RENEWAL:
1. 24 Hours of Commission approved real estate Continuing Education as follows:
• Real Estate Salespersons:
- 12 hours of required courses include 3 hours each of : Agency, Contracts, Ethics, and Law & Legislation; and
. - 12 hours of elective credits in designated (Agency, Contracts, Ethics and Law & Legislation) and/or General courses, with an optional 3 hours (maximum) in personal development.

• Real Estate Broker or Broker Salespersons:
- 15 hours of required courses include 3 hours each of: Agency, Contracts, Ethics, Law & Legislation, and Broker Management; and
- 9 hours of elective credits in designated (Agency, Contracts, Ethics and Law & Legislation) and/or General courses, with an optional 3 hours (maximum) in personal development.

2. Renewal Fee
• $180.00 for sales license; or
• $220.00 for broker and broker-sales licenses;

3. Completed Renewal Form

RENEWING A PROPERTY MANAGEMENT PERMIT:
Property Management permits are due for renewal at the same time as the real estate license to which it is attached.

Renewal of a Property Manager Permit requires a minimum of three (3) hours of a commission approved property management course.

The property management continuing education course may be used as general continuing education towards a real estate license renewal.

RENEWING AN INACTIVE LICENSE:
Inactive real estate licenses must also be renewed by the expiration date. No continuing education is required to renew, but the renewal form must be completed and returned with the applicable renewal fee.

The Child Support Statement must be completed, regardless of parental status.

RENEWAL PROCESS:
Licenses may be renewed by mail or in person. Include:
• Completed Renewal Form
• Copies of Continuing Education Certificates
• Applicable Fees

If renewing by mail, the application must be postmarked by midnight of the expiration date (the last day of the renewal month).

If renewing in person, we suggest that you avoid the end of the month and the middle of the day.

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