Current through December 31, 2024
Section 645.450 - Standards for courses1. A course for continuing education must contain:(a) Current information on real estate which will improve the professional knowledge of the licensee with regard to the areas described in subsection 2 and enable him or her to give better service to the public.(b) Information that relates to Nevada laws and regulations relating to real estate transactions in this State.2. The following areas are acceptable for courses in continuing education: (a) Ethics of selling real estate;(b) Legislative issues which concern the practice of real estate or licensees, including, without limitation, recent legislation and revisions to this chapter;(c) The administration of real estate law and regulations, including licensing and enforcement;(d) Real estate financing, including mortgages and other financing techniques;(e) The measurement and evaluation of the market for real estate, including evaluations of sites, market data and studies of feasibility;(f) The administration of real estate brokerage, including the management of the office, trust accounts and employees' contracts;(g) Real estate mathematics;(h) The management of real property, including residential and commercial leasing agreements, procedures for accounting and contracts for management;(i) The exchange of real property;(j) Planning and zoning for land use;(k) Real estate securities and syndications;(l) Accounting and taxation as applied to real property;(m) The development of land, including, without limitation, issues relating to the development or redevelopment of farms and ranches;(n) Agency and subjects related to agency;(o) The use of calculators and other technologies as applied to the practice of real estate;(p) The preparation of real estate contracts;(q) Personal development courses, including, without limitation, cross-cultural communications;(r) International real estate transactions;(t) Issues relating to consumer protection;(u) Disclosures required during the sale or lease of real property, including, without limitation, information required pursuant to NRS 116.4103, 116.4109 and 116B.760;(v) Commercial real estate;(w) Environmental issues, including, without limitation, issues relating to energy and water conservation and environmental responsibility; and3. The Division may, upon application and on behalf of the Commission, approve a course conducted by any other school, professional society or organization if the Division finds that the course meets the standards established by the Commission for continuing education.4. The following kinds of courses and activities do not meet the standards for continuing education: (a) A course that is designed to prepare students for examination, commonly known as a "cram course."(b) A course that is designed to develop or improve clerical, office or business skills that are not related to the activities described in NRS 645.030, 645.035 and 645.040, such as typing or keyboarding, shorthand, the operation of business machines, the use of computers, the use of computer software, speed-reading, the improvement of memory, and writing letters and reports.(c) A meeting for the promotion of sales, a program of office training, or other activity which is held as part of the general business of the licensee.(d) A course for the orientation of licensees, such as a course offered for that purpose through local real estate boards.(e) Except as otherwise provided in subsection 3 of NAC 645.456, a course for the development of instructors.5. The Division, on behalf of the Commission, will not approve more than: (a) Seven full hours of credit per day of live instruction in a course for continuing education if a final examination is not given; or(b) Eight full hours of credit per day of live instruction in a course for continuing education if a final examination is given.6. The Division may publish a manual which contains information clarifying the acceptable content areas for an approved course and any procedures relating to the manner in which education is provided pursuant to this chapter.Nev. Admin. Code § 645.450
Real Estate Adv. Comm'n, § X subsec. F pars. 5-7, eff. 4-20-78-NAC A by Real Estate Comm'n, 8-21-81; 12-16-82; 6-3-86; A by Real Estate Div., 11-30-87; 11-8-88; A by Real Estate Comm'n, 12-27-89; 5-14-96; R146-99, 1-21-2000; R031-04, 11-30-2004; A by R097-14, eff. 4/4/2016; A by R060-20A, eff. 12/29/2020; A by R199-22A, eff. 6/4/2024