Nev. Admin. Code § 119A.375 - Evidence of 14 hours of required instruction
The Administrator will accept as satisfactory evidence of the 14 hours of instruction required by paragraph (a) of subsection 1 of NRS 119A.210, the submission by the applicant of a certificate issued by a qualified instructor evidencing that the applicant has:
1. Attended 8 hours of
instruction in the principles and practices of selling time shares which must:
(a) Include elements and types of time
shares, the respective roles of the developer, owner, project broker, agent and
representatives and the forms of contractual agreement and other documents
related to the sale of time shares; and
(b) Not include specific office-related,
project-oriented training or policies, any meeting for the promotion of sales
or any activity held as part of the actual sale or promotion of business, or
the development of personal motivation, the psychology of sales or techniques
for making sales;
2.
Attended 6 hours of instruction in professional ethics and the applicable laws
and regulations relating to time shares which must include coverage of chapter
119A of NRS and the regulations adopted pursuant thereto and the Federal Trade
Commission Act,
15
U.S.C. §§
41 to
58, inclusive;
and
3. Passed the final examination
with a grade of 75 percent or higher.
Notes
NRS 119A.190, 119A.210
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.