How to Pass the Nevada Real Estate
Exam in 2026

About 12 questions test how Nevada defines real property, fixtures, legal descriptions, ownership forms, and encumbrances. Nevada is a community-property state — anything acquired during marriage is presumed community unless tracing proves otherwise. The most NV-specific real-property concept: the Grant Bargain and Sale (GBS) deed is Nevada's standard conveyance instrument, NOT a Warranty Deed. The GBS warrants two things: that the grantor has not previously conveyed the property to anyone else, and that the property is free of encumbrances created by the grantor (but NOT prior owners). Pitfall: candidates select Warranty Deed as the standard NV conveyance and miss that GBS is the default. Nevada also recognizes the Quitclaim Deed (no warranties at all) and Bargain and Sale Deed (without warranty). Pitfall #2: candidates miss that title insurance is essentially mandatory in NV because GBS warranties are limited. Click2CE drills the deed-type comparison in every diagnostic.

About 15 questions test NRS Chapter 645 and NAC 645 — the statutes and administrative code governing every NV licensee under the Nevada Real Estate Division (NRED). Nevada permits dual agency, but only with separate written informed consent from BOTH parties. The Duties Owed by a Nevada Real Estate Licensee form (commonly the "Duties Owed" form) MUST be delivered to every client and customer at first substantive contact. Fiduciary duties under NRS 645.252 include: disclose material facts, maintain confidences, account for funds, exercise reasonable skill and care, present all offers, and refrain from self-dealing. Nevada has the strictest broker-supervision rules in the U.S.: NRS 645.230 requires the principal broker to be physically present OR designate a responsible "broker-salesperson" at every branch office during business hours. Pitfall: candidates think a managing salesperson can supervise — only a licensed broker or designated broker-salesperson can. The broker license itself requires 2 years of active salesperson experience plus 64 hours of broker education on top of the 120-hour pre-license. Click2CE walks through every form NRED tests.

About 15 questions cover contract law, Nevada residential purchase agreements (the GLVAR/NVAR forms in southern Nevada and the NRA forms statewide), contingencies, and remedies. Nevada's statute of frauds requires real estate contracts to be written and signed. Earnest money deposit (EMD) timing: the broker must deposit into trust by the next business day after acceptance — a tighter window than most states. Pitfall: candidates apply the federal 3-day deposit rule and miss the NV next-business-day requirement. The Seller Real Property Disclosure (SRPD) under NRS 113.130 is mandatory for resale 1-4 unit residential — the seller must complete and deliver no later than 10 days before closing, and failure to deliver permits buyer rescission within 5 days of receipt. The "10/5" rule is heavily tested. Common-interest community (HOA) sales additionally require delivery of the resale package under NRS 116.4109 with a 5-day buyer rescission right. Click2CE drills the SRPD timing and HOA resale package together because they appear paired on the exam.

About 12 questions on mortgage instruments, qualifications, and the Nevada non-judicial foreclosure system. Nevada uses a Deed of Trust with a Trustee — foreclosure is non-judicial via Trustee's Sale under NRS 107. The timeline: Notice of Default (NOD) recorded → 90-day cure period → Notice of Sale (NOS) → 21+ day publication → Trustee's Sale. Total: roughly 120 days from NOD to sale. Pitfall: candidates apply the 90-day Arizona timeline or the 110-130 day Colorado Public Trustee timeline — Nevada is its own thing. After the Trustee's Sale there is NO statutory right of redemption. Anti-deficiency: NRS 40.455 limits deficiency judgments on owner-occupied 1-4 unit residential to the difference between the fair market value at sale and the loan balance (whichever is less than the outstanding debt). The Nevada homestead exemption under NRS 115.010 protects $605,000 of equity from forced sale by judgment creditors — but the homestead must be DECLARED (recorded with the county) BEFORE the judgment lien attaches; declaring after is too late. Worked exam scenario: judgment creditor records $200K abstract on April 1; homeowner records homestead declaration April 15 → no protection against that judgment. Click2CE drills this timing rule because it returns every cycle.

About 8 questions on the federal Fair Housing Act and the Nevada fair housing law (NRS 118.020). Nevada protected classes include the 7 federal classes plus sexual orientation, gender identity, gender expression, ancestry, and source of income (Section 8 vouchers). Pitfall: candidates think Nevada matches federal exactly and miss source of income. The Mrs. Murphy exemption (4 or fewer units, owner-occupied, no agent, no discriminatory advertising) applies. Steering, blockbusting, and discriminatory advertising are prohibited. Las Vegas and Reno have additional municipal protections — local ordinances may add veteran status and immigration status. Click2CE flags every NV state addition over federal minimums.

The largest section — about 28 questions on NRS 645 (real estate licensing), NAC 645 (administrative rules), trust accounts, advertising, NRED powers, common-interest communities (NRS 116), and Nevada-specific statutes. NRED licensing: 120 hours pre-license for salesperson (90 hours principles plus 30 hours practice), 36 hours CE for first renewal (24 elective + 12 mandatory including 3 agency, 3 contracts, 3 ethics, 3 NV law), 24 hours CE for subsequent renewals. Renewal cycle is 2 years. License fees: $125 application + $40 examination. Trust account rules: broker must deposit EMD by next business day; commingling is automatic discipline; reconcile monthly. NRS 645.633 lists 31 grounds for discipline including misrepresentation, breach of trust, and unlicensed activity. Pitfall #1: candidates confuse NRED with the Nevada Real Estate Commission — NRED is the agency; the Commission sets policy and hears appeals. Pitfall #2: missing that property management requires a SEPARATE permit (the Property Management Permit under NRS 645.6052) — a salesperson license alone does NOT authorize PM. The PM permit requires the salesperson license PLUS a 24-hour PM course plus 2 years of active license. NRS 116 governs common-interest communities (HOAs, condos, planned communities) and the resale package, board governance, and assessment-lien priority (the 9-month "super-priority" lien for assessments is among the strongest in the U.S.). Click2CE walks through the PM permit and the NRS 116 super-priority lien because both appear every cycle.

About 14 calculation questions cover the three approaches to value, CMA, commission, prorations, and Nevada Real Property Transfer Tax (RPTT). Nevada RPTT rate: $1.95 per $500 of consideration in Clark and Washoe counties (the populous ones), $1.30 per $500 in most other counties. Worked example: a $400,000 Las Vegas home owes $400,000/$500 × $1.95 = $1,560 in RPTT. Pitfall: candidates miss the Clark/Washoe vs. rural-county rate split. Nevada has NO state income tax (often tested as a comparative-advantage question). Property tax assessment: Nevada caps annual tax-bill increases at 3% for owner-occupied primary residence and 8% for other property under NRS 361.4723. Math drills also cover commission split, GRM (price ÷ gross monthly rent), cap rate (NOI ÷ value), and proration using the 360-day banker's year. Click2CE's math drills give partial credit and force formula setup.

About 8 questions cover NRS 118A (residential landlord-tenant), lease agreements, security deposits, and the eviction process. Security deposits in NV are capped at 3 months' rent (NRS 118A.242) and must be returned within 30 days of tenant move-out with itemized deductions. Pitfall: candidates think the cap is 1 or 2 months — it is 3. Nevada eviction is among the fastest in the U.S.: 5-day pay-or-quit for non-payment, 5-day notice for nuisance, 30-day no-cause termination for month-to-month tenancies. The summary eviction (NRS 40.253) goes through Justice Court and can complete in 11-30 days from filing. As noted in the State Law section, residential PM by a salesperson requires the separate PM permit under NRS 645.6052.

About 8 questions cover closing procedures, settlement statements (Closing Disclosure under TRID), title insurance (CLTA standard policy is most common in NV), and escrow. Nevada is an escrow-state — closing is conducted by a neutral escrow agent (typically affiliated with a title company), not an attorney. TRID applies federally: Loan Estimate within 3 business days of application; Closing Disclosure delivered 3 business days before closing; APR change > 0.125% restarts the clock. Pitfall: candidates miss that NV uses CLTA policies (regional) rather than ALTA-only — both are commonly available. Click2CE walks through a sample HUD-style ALTA settlement statement so candidates recognize line items.