NV Real Estate study plan

Diagram the Nevada Real Estate Division and Real Estate Commission on one page, labeling the Commission's rulemaking and licensing-adjudication role versus the Division's administrative, investigative, and disciplinary functions.

Sequence the education, examination, application, fingerprinting, and post-licensing steps for salesperson and broker licenses, noting the statutory deadline attached to each step.

Build a table that separates the fiduciary duties owed to a client (care, obedience, loyalty, disclosure, confidentiality, accounting, and the Nevada duty to disclose material facts) from the obligations owed to all parties in a transaction.

Classify fifteen short conduct scenarios as license law violations, fiduciary breaches, both, or neither, citing the governing duty for each classification.

Map the timeline for agency disclosure and written representation agreements from first contact through closing, marking every point at which a disclosure or consent must be delivered or signed.

Compare seller representation, buyer representation, and dual or limited representation, listing the consent each requires and the duties that change in each configuration.

Identify the elements of a valid real estate contract and the agreements that must be in writing, and apply them to six fact patterns to decide enforceability.

Distinguish express versus implied duties and disclose-versus-advise boundaries by rewriting five agent statements into compliant language.

Annotate a purchase-and-sale contract line by line, explaining the purpose of each contingency, deadline, and allocation of risk without relying on any published form's numbering.

Compute the calendar dates for inspection, appraisal, loan, and closing deadlines given three start dates and varying day-count rules, and flag which deadlines are time-is-of-the-essence.

Differentiate breach types and match each to available remedies, including earnest money disposition, specific performance, liquidated damages, and rescission.

Explain how contract assignment, novation, and addenda alter the original agreement, applying each to a two-paragraph fact pattern.

Draft a plain-language summary of the contingencies a buyer should understand before signing, in 200 words or fewer.

Compare the deed types used in Nevada conveyances by the warranties each carries, and state which elements make a deed valid and recordable.

Trace a title from grantor to grantee through three sample chains, identifying gaps, encumbrances, and items requiring quiet title or corrective action.

Sequence the closing process, listing who holds funds, when documents are recorded, and how prorations and settlement charges are allocated between parties.

Distinguish title insurance from a title abstract or opinion, and explain what a standard versus extended policy covers and excludes.

Explain the effect of recording, constructive notice, and priority rules on competing claims to the same parcel.

Compare conventional, FHA, VA, and USDA loan programs on down payment, insurance requirements, and eligible property condition standards.

Identify the clauses of a promissory note and mortgage or deed of trust, and explain the roles of the mortgagor, mortgagee, trustee, and beneficiary in a Nevada deed-of-trust state.

Calculate monthly principal and interest, amortize a loan schedule for three scenarios, and compute the effect of points and a buydown on the effective rate.

Sequence the foreclosure and trustee's-sale process under a deed of trust, including notice periods, reinstatement rights, and the treatment of junior liens.

Explain how lending discrimination rules and disclosure requirements affect the licensee's role when referring a buyer to a lender.

Classify the forms of ownership and the estates and interests in land, and match each to its distinguishing rights transfer, and survivability features.

Interpret a sample deed restriction, easement, and zoning classification, and determine the permitted use and the remedy for a violation in each case.

Apply the three appraisal approaches to six properties, selecting the most reliable approach and justifying the choice in one sentence each.

Reconcile an adjusted comparable sales grid by making and defending dollar adjustments for differences in size, condition, and features.

Compute gross rent multiplier, capitalization rate, and net operating income from a provided income statement and explain what each figure tells a client.

Draft a lease summary that distinguishes the rights and obligations of landlord, tenant, and property manager, including security deposit handling and entry notice rules.

Explain the governance structure of a common-interest community, the role of the association board, and the resale disclosure package a buyer must receive.

Assemble the mandatory seller and agent disclosure checklist for a Nevada residential transaction, matching each disclosure to the party responsible for delivering it and the deadline.

Identify the advertising, unrepresented-party, and handling-of-funds rules a licensee must follow, and audit three sample advertisements for compliance.

Classify five consumer-protection violations under fair housing and disclosure law and state the corrective action required.

Solve commission and split problems, including cooperating-broker splits and referral fees, across eight scenarios with no calculation errors.

Compute area, acreage, and price-per-square-foot figures, and convert between lot dimensions and acreage for four irregular parcels.

Calculate prorations for taxes, rent, and interest at closing using both the 365-day and 30-day methods, and explain which method the contract requires.

Compute loan-to-value, equity, and capitalization figures and interpret the results in a client-ready sentence for each.

Retake every missed question from weeks 1 through 7 and log the reason for each error as content gap, misread, or guess.