40+ Free Nevada Real Estate Practice Exam Questions (September 2022)

Nevada Real Estate Exam

1 / 40

Is commingling legal in Nevada?

2 / 40

Prior to settlement, a Nevada broker discovers dry rot in the floor joists. The broker should:

3 / 40

What is the total amount of liability (Real Estate Recovery Fund) per licensee?

4 / 40

If the Real Estate Recovery Fund is above $300,000 what happens to the extra funds?

5 / 40

Failing, within a reasonable time to remit money which comes into their possession which belongs to others, results in a violation of:

6 / 40

Under agency law in Nevada dual agency is

7 / 40

A guilty conviction relating to the practice of the licensee, property manager or owner developer, results in a violation of:

8 / 40

What is RED?

9 / 40

Paying a commission, compensation or a finder's fee to any person performing the services of a broker, broker-salesperson or salesperson who has not secured a license, results in a violation of:

10 / 40

Failure to reduce a bona fide offer to writing where a proposed purchaser requests that it be submitted in writing, results in a violation of:

11 / 40

Failure to deliver within a reasonable time, a copy of any purchase agreement of offer to buy or sell real estate to the purchases or to the seller, results in a violation of:

12 / 40

In Nevada, the concept that a husband and wife are equal partners, and that any property acquired is considered to be obtained by mutual effort, is called

13 / 40

The Nevada Real Estate Commission is a five-member body appointed by the governor. What is its purpose?

14 / 40

Guaranteeing, or having authorized or permitted a person to guarantee, future profits which may result in the resale of real property, results in a violation of:

15 / 40

In Nevada, who is responsible prior to closing for calculating the pro-rations between the buyer and seller, ordering the preliminary title report, and preparing the purchase money mortgage note and trust deed?

16 / 40

How long after the signing of a contract (for the purchase of a lot) in Nevada, may the purchaser cancel the transaction?

17 / 40

How often is continuing education required for Nevada real estate salespersons?

18 / 40

The Commission may take disciplinary action against any licensee who

19 / 40

Gross negligence or incompetence in performing any act for which the person is required to hold a license, results in a violation of:

20 / 40

Most states, including Nevada have abolished which of the following?

21 / 40

Which of the following acts is prohibited for an unlicensed real estate assistant in Nevada?

22 / 40

How many hours of continuing education are required for Nevada real estate salesperson's?

23 / 40

If a broker has a trust account and fails to maintain or submit an annual accounting to the Real Estate division, this results in a violation of:

24 / 40

Willfully using any trade name, service mark or insignia of membership in any real estate organization of which the licensee is not a member, without the legal right to do so, results in a violation of:

25 / 40

Under Nevada law, which of the following statements is not true of an exclusive listing contract?

26 / 40

Accepting, giving or charging any undisclosed commission, rebate or direct profit on expenditures made for a client, results in a violation of:

27 / 40

Per Nevada license law, what is an owner-developer?

28 / 40

What is the minimum balance of the real estate education, research and recovery fund?

29 / 40

What is the maximum paid out (per judgement) from the Real Estate Recovery Fund?

30 / 40

When must a licensee give written disclosure to each party in a real estate transaction if the licensee relation with any party changes?

31 / 40

Are owner-developers required to have a specific education?

32 / 40

Which of the following acts is prohibited for an unlicensed real estate assistant in Nevada?

33 / 40

Once an offer has been accepted and there is a completed (and signed) purchase agreement, an agent must deliver a copy to the principals within a reasonable time. After the paperwork is signed the agent is also required to provide the applicable broker with a copy of the agreement. How many days does the agent have to give the broker a copy of the purchase agreement?

34 / 40

Which of the following would be considered commingling?

35 / 40

What is the fine for a member of an LLC partnership if they commit a violation (gross misdemeanor)?

36 / 40

How many hours of continuing education are required for Nevada real estate broker's?

37 / 40

A residential property in Nevada is typically defined as

38 / 40

Representing to any lender, guaranteeing agency or any other interested party, verbally or through the preparation of false documents, an amount of excess of the actual sales price of the real estate or terms differing from those actually actually agreed upon, results in a violation of:

39 / 40

If a Nevada real estate broker doesn't properly supervise his/her agents, what is the penalty?

40 / 40

In any real estate advertisement, the licensee must

Your score is

Hello, welcome to our Nevada Real Estate Practice Exam.

This free practice exam is here to help you master the state-specific portion of the Nevada real estate exam. 
 
In Nevada, there are 120 questions on the exam (80 national and 40 state).

For help with the national portion we have our national real estate license practice quiz. That section can be used to study the topics featured on those 80 questions.  

For help with the state portion you're in the right place! This section can be used to study the topics featured on those 40 questions.  

The two most effective study tools for the Nevada state exam portion are using real estate practice exams, and learning Nevada state-specific license laws.

Our state-specific practice exam is a fantastic tool to help you grasp your state's real estate topics. It works just like the national practice exam and is updated annually. Usually, using the state practice exam is enough for students to grasp the concepts. However, if you want more, the single most important resource out there is the laws they base the questions on. If you haven't looked at your state's Real Estate Statutes or Regulations, it's strongly recommended.

The test makers take snippets of laws applicable to your state and use them for the questions. We use the actual state laws to create our questions, which is why some of the questions may look familiar to you. Some websites and prep providers do not, and that's the secret. You need to know your state's laws. 

Furthermore, It would be best if you read through your laws at least once, and that's the greatest advice we can give you. Trust us, we know it can be very time-consuming, but reading through each one of these will provide you with precisely the information you need to pass. 

Best of luck, reach out if you need anything,

Real Estate License Wizard Team

Nevada Real Estate Statutes and Regulations

Here is our list of recommended Real Estate Statutes and Regulations you need to know:

Nevada Property and Real Estate Laws

  • Nevada Lease and Rental Agreement Laws
  • Nevada Tenant Rights Laws
  • Nevada Homestead Laws
  • Nevada Adverse Possession Laws

Chapter 645 – Real Estate Brokers and Salespersons

Nevada Real Estate Division

NOTE: State websites update semi-frequently and sometimes their website URLs change. If any of the links posted below do not work, please reach out and we will update the links promptly. Thank you.


Nevada Real Estate Exam FAQ’s

Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What are Nevada Real Estate License Requirements?

Real estate license requirements vary from state to state. Here are Nevada requirements:

  • Must be 18 years or older.
  • Must obtain and submit a copy of your own fingerprints.
  • Must complete required state approved pre-licensing courses (90 credit hours).
  • Estimated cost of total fees and license: $225

How Hard is the Nevada Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. In Nevada, the score to pass is 75% on both sections. With a total of 120 questions (80 national and 40 state), that means the score to pass is 60 for the national and 30 for the state.

How Many Questions Can You Miss on the Nevada Real Estate Exam?

In Nevada, you can miss 20 questions on the national and 10 on the state and still pass the real estate exam.

How Many Times Can You Take the Nevada Real Estate Exam?

There are no limits to the number of times you can take your real estate exam, but it must be passed within one year of completing your 90-hour pre-licensing course.


What Is on the Nevada Real Estate Exam?

The 120 multiple-choice questions on the salesperson examination cover a variety of topics that are relevant to Nevada real estate license law. Here are what topics you are expected to know:

Nevada State Portion:

  1. Duties and Powers of the Commission
  2. Licensing Requirements
  3. Agency
  4. License Practice
  5. Disclosures
  6. Contracts
  7. Record Keeping
  8. Special Topics

Nevada National Portion:

  1. Real Property Characteristics, Legal Descriptions, and Property Use
  2. Forms of Ownership, Transfer, and Recording of Title
  3. Property Value and Appraisal
  4. Real Estate Contracts and Agency
  5. Real Estate Practice
  6. Property Disclosures and Environmental Issues
  7. Financing and Settlement
  8. Real Estate Math Calculations

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