4 Hour NV SAFE: State Law PE Course
This is a Nevada-specific classroom equivalent (CEQ) pre-licensing education elective course for new mortgage loan originators (MLOs). This course satisfies the 4 hour Nevada mortgage pre-licensure education requirement.
By the end of this course, learners will be able to:
- Discuss the licensing process.
- Relate the requirements for records and financial statements.
- Understand the structure of the regulatory authority in Nevada.
- Indicate what is considered an unfair lending practice
- Restate requirements for disclosures and advertisements.
- Discuss the conditions and limitations imposed on certain mortgage transactions
- Relate requirements for escrow and trust accounts and the commingling of money.
- Describe responsibilities of escrow agents and escrow companies related to real property.
- Understand the requirements for providing information regarding deeds of trust.
- Describe changes made by applicable rules adopted in 2017.
- Indicate what types of disciplinary action are acceptable.
- Restate what types of actions would require disciplinary action by the Division.
- Discuss the possible civil and criminal penalties for violations.
- Relate requirements for hearings and investigations.
- Chapter 1: Licensing Law & Regulation
- Chapter 2: Compliance
- Chapter 3: Disciplinary Action
