NAC645.450. Standards for courses.

     1. A course for continuing education must contain:

     (a) Current information on real estate which will improve the professional knowledge of the licensee and enable him or her to give better service to the public.

     (b) Information that relates to pertinent Nevada laws and regulations.

     2. The Commission considers courses in the following areas to be acceptable for continuing education:

     (a) Ethics of selling real estate;

     (b) Legislative issues which concern the practice of real estate or licensees, including pending and recent legislation;

     (c) The administration of real estate law and regulations, including licensing and enforcement;

     (d) Real estate financing, including mortgages and other techniques;

     (e) The measurement and evaluation of the market for real estate, including evaluations of sites, market data and studies of feasibility;

     (f) The administration of real estate brokerage, including the management of the office, trust accounts and employees’ contracts;

     (g) Real estate mathematics;

     (h) The management of real property, including leasing agreements, procedures for accounting and contracts for management;

     (i) The exchange of real property;

     (j) Planning and zoning for land use;

     (k) Real estate securities and syndications;

     (l) Accounting and taxation as applied to real property;

     (m) The development of land;

     (n) Agency and subjects related to agency;

     (o) The use of calculators and other technologies as applied to the practice of real estate;

     (p) The preparation of real estate contracts; and

     (q) Personal development courses.

     3. If the sponsor agrees to comply with the provisions of subsections 3 and 4 of NAC 645.455, NAC 645.457 and 645.463 and subsection 1 of NAC 645.4432, the Administrator may accept the following courses as meeting standards for continuing education without application or specific approval:

     (a) Any course in real estate or a directly related subject if the course has been previously approved by the Commission.

     (b) Any course in real estate or a directly related subject if the course is offered by an accredited university or community college for college credit.

     4. The Commission may, upon application, approve a course conducted by any other school, professional society or organization if the Commission finds that the course meets the standards for continuing education.

     5. The following kinds of courses and activities do not meet the standards for continuing education:

     (a) A course designed to prepare students for examination.

     (b) A course designed to develop or improve clerical, office or business skills that are not related to the activities described in NRS 645.030, 645.035 and 645.040, such as typing, shorthand, the operation of business machines, the use of computers, the use of computer software, speed-reading, the improvement of memory, and writing letters and reports.

     (c) A meeting for the promotion of sales, a program of office training, or other activity which is held as part of the general business of the licensee.

     (d) A course for the orientation of licensees, such as a course offered for that purpose through local real estate boards.

     (e) A course for the development of instructors.

     6. The Commission will not approve more than:

     (a) Seven full hours of credit per day of instruction in a course for continuing education if a final examination is not given; or

     (b) Eight full hours of credit per day of instruction in a course for continuing education if a final examination is given.

     [Real Estate Adv. Comm’n, § X subsec. F pars. 5-7, eff. 4-20-78]—(NAC A by Real Estate Comm’n, 8-21-81; 12-16-82; 6-3-86; A by Real Estate Div., 11-30-87; 11-8-88; A by Real Estate Comm’n, 12-27-89; 5-14-96; R146-99, 1-21-2000; R031-04, 11-30-2004)