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Residential Property Management Essentials (Risk Reduction)

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Required: 3 Total Hours: 3
Description
State Requirements

For many real estate professionals, property management is a natural extension of their expertise. Whether you’re thinking about taking on your first property or looking to grow your property management business, this is a niche business requiring specialized skills and knowledge.

Explore the role of the property manager, common tenant issues, and federal laws.

Course highlights include:

  • Property management contracts
  • Property types and evaluating factors
  • Tips for building a successful working relationship with property owners
  • Landlord and tenant obligations
  • Tips for screening and retaining tenants
  • Informal rental agreements and the risks involved
  • How to deal with delinquent tenants
  • Fair housing guidelines and exemptions

Note: This is an introduction and overview of property management.

Package Content:

State Requirements For Nevada

Nevada Requirement Detail for Real Estate Continuing Education

Renewal Date: Every two years by the last day of the month in which you first obtained your license.

Hours Required By The State: 36 hours

SALESPERSON SUBSEQUENT RENEWALS

Proof of completion must be submitted to the Division. The 36 hours must be taken in the following categories:

  • 3 hours Agency
  • 6 hours Contracts
  • 3 hours Ethics
  • 3 hours Nevada Law
  • 3 hours Risk Reduction
  • 18 Hours General (Business Broker permit holders must include the 3 hours of CE for permit renewal; Property Management permit holders must include 9 hours of CE for permit renewal)

At least 18 of the required 36 hours must be taken through live instruction.

Please note: No more than 3 hours in each two-year period may be taken in Personal Development courses.

The CE Shop's Offering: 36 hours (only 18 hours can be taken online)

The following courses are considered Personal Development courses:

  • Personal Safety
  • Roadmap to Success: Business Planning for Real Estate

The CE Shop does not currently offer courses to satisfy the requirements specific to the Business Broker Permit or Property Manager Permit.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary in order to pass. 

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Post-Licensing: First-time licensees issued an initial license, except as defined by NAC 645.4442 Subsection 2, must complete 30 hours of Post-Licensing within the first 12 months immediately after initial licensing through live instruction. The CE Shop does not offer any of the Post-Licensing hours at this time.

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