Section 645.435 - Course required to obtain original license as salesperson1. A course of instruction in real estate principles, practices, procedures, law and ethics which is designed to meet the educational requirements of an applicant for an original license as a salesperson must consist of: (a) At least 120 hours of classroom lectures; or(b) The equivalent in a distance education course.2. The content of the course must be divided among subjects listed in NAC 645.210, including: (a) At least 45 hours on the principles and practices of real estate, which must include: (1) Brokerage and laws of agency, 21 hours.(2) Valuation and economics, 12 hours.(b) At least 45 hours on the law of property and the regulation of brokers and salespersons and the ethics of selling real estate, which must include: (1) Ownership, transfer and use of property, 25 hours.(2) Chapters 113, 116, 119, 119A, 645, 645C and 645D of NRS and the regulations adopted pursuant thereto, 18 hours.(3) Applied practice and statutory disclosures, 2 hours.(c) At least 15 hours on the preparation of contracts in real estate transactions to the extent allowed in the capacity of a licensee.(d) At least 15 hours on agency, which must include 3 hours in each of the following areas: (1) The foundation of the relationship between a broker and an agent; and(2) Risk reduction, including, without limitation, property management, leasing and information security.Nev. Admin. Code § 645.435
Real Estate Adv. Comm'n, § X subsecs. 1 & 2, eff. 10-31-75; A and renumbered subsec. A pars. 1 & 2, 1-4-78-NAC A by Real Estate Comm'n, 8-21-81; 12-16-82; 6-3-86; R031-04, 11-30-2004; A by R060-20A, eff. 12/29/2020