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How to Pass the Nevada Real Estate Exam on Your First Try

Nevada requires 120 hours of pre-license education and a 140-question exam. Here's how to prepare for Nevada agency law, disclosure, and property management.

April 16, 2026 · 11 min read

Nevada requires 120 hours of pre-license education — one of the highest requirements in the West — and a 140-question exam with a 75% passing threshold on both sections. Nevada's booming real estate market and unique laws around disclosure and property management make this a thorough exam.

Nevada Exam Fast Facts - Questions: 140 (80 national + 60 state) - Passing score: 75% on each section (60 national, 45 state) - Time limit: 4 hours - Provider: Pearson VUE - Pre-license education: 120 hours (salesperson) - Governing body: Nevada Real Estate Division (NRED)

The Nevada Real Estate Division

NRED operates under the Department of Business and Industry. The Real Estate Commission (separate from NRED) handles discipline with 7 members (5 licensees, 2 public members).

Key NRED facts: - Salesperson licenses renew every 2 years; 36 hours of CE required (including 3 hours of Ethics) - New salespersons must complete a 90-hour post-license course within the first year - The Nevada Real Estate Education, Research, and Recovery Fund provides compensation; max $20,000 per transaction - Nevada's pre-license education (120 hours) must be completed through an approved Nevada school

Nevada Agency Law

Nevada's agency law is governed by NRS Chapter 645. The Agency Disclosure Form (called the "Consent to Act" form in some contexts) must be provided at first contact.

Nevada recognizes: - Seller's agent: fiduciary duties to seller - Buyer's agent: fiduciary duties to buyer - Disclosed dual agent: represents both with written consent; limited duties - Transaction broker (facilitator): assists without fiduciary representation

Nevada's unique rule: A licensee who is also the buyer or seller must disclose their licensed status in writing. Any licensee purchasing property for personal use must disclose that they hold a Nevada real estate license.

Nevada Disclosure Requirements

Nevada sellers must complete the Real Property Transfer Disclosure Statement (RPTDS) for residential sales. The form must be delivered before the buyer signs the purchase contract.

Buyer rights: - 5-day right of rescission after receiving the RPTDS - If the seller fails to deliver the RPTDS, the buyer may rescind until closing

Required disclosures include: - Structural systems and known defects - Environmental hazards (lead, radon, underground tanks) - Flood zone designation - HOA fees and CC&Rs - Homeowners Association Transfer Disclosure (separate form)

Nevada-specific: water and mining rights. Nevada is a prior appropriation state. Mining claims on adjacent federal land can affect property values and uses. Both water rights and mining access must be disclosed if known.

Nevada Property Management

Nevada requires a separate property management license to manage residential rental properties — this is not included in a standard salesperson license. Key Nevada PM rules:

  • Separate property management agreement required for each property
  • Trust account required for security deposits and rents
  • Security deposits: maximum 3 months' rent
  • 24-hour notice required for non-emergency entry
  • Tenant can terminate for habitability issues after notice and opportunity to cure

Topics That Catch Candidates Off Guard

90-hour post-license within first year: Nevada's post-license requirement is among the heaviest in the country — 90 hours in year one.

Property management license: In Nevada, managing rentals for others requires a separate license. The standard salesperson license alone does NOT permit property management.

5-day RPTDS rescission: Nevada's 5-day window for the transfer disclosure is different from the 72-hour period in neighboring California. Know the Nevada-specific timeline.

Licensee disclosure when buying: Nevada requires any licensee buying property for themselves to disclose their licensed status in the purchase contract. This is tested in the state section.

60 state questions + 75% threshold: A tough combination. The state section is substantial and requires precision.

Your 5-Week Nevada Study Plan

Week 1: National — agency, contracts, ownership, land use, fair housing Week 2: National — financing, valuation, math, environmental Week 3: Nevada-specific — NRED, agency law, RPTDS, licensee disclosure Week 4: Nevada property management rules, water/mining rights, HOA disclosure Week 5: Full practice exams. Target 80%+. Drill PM license requirements, RPTDS timeline, and dual agency consent.

Practice for the Nevada Exam

[CARealestate.com/states/nevada](https://carealestate.com/states/nevada) has Nevada-specific practice questions covering NRED rules, agency law, the RPTDS, and property management licensing. 5 free questions, no signup needed.

Nevada's separate property management license requirement is the most frequently missed topic by candidates from other states. The RPTDS rescission timeline and the licensee disclosure requirement round out the top three state-specific topics to master.

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