PILB Financial Investigations and Asset Searches

Question 1

When conducting an asset search in Nevada, which public record source is most useful for locating real property owned by a subject?

Accepted Answer

County Assessor's Office records

Answer

County Assessor's Office records are the primary public source for identifying real property ownership in Nevada.

Question 2

Under Nevada law, a private investigator conducting a financial investigation must obtain a subject's bank account records through which legal method?

Accepted Answer

A valid court subpoena or authorization from the account holder

Answer

Financial account records are protected and can only be legally obtained via court subpoena or with the account holder's written consent.

Question 3

Which of the following is a legal source a licensed Nevada PI may use to locate a subject's vehicle ownership information?

Accepted Answer

Nevada DMV records via a permissible purpose request

Answer

Nevada DMV records may be accessed by licensed investigators for permissible purposes as defined under the Driver's Privacy Protection Act (DPPA).

Question 4

What federal law restricts a private investigator's access to consumer credit reports?

Accepted Answer

Fair Credit Reporting Act (FCRA)

Answer

The FCRA limits who may obtain consumer credit reports to those with a permissible purpose, such as employment screening or credit transactions.

Question 5

When documenting findings from an asset search for a client, a PI should always:

Accepted Answer

Include only verified, source-cited information in the written report

Answer

Reports must reflect only verified facts with clear source citations to maintain accuracy and protect both the PI and client legally.

PILB - Private Investigators Licensing Board Practice Test

PILB - Private Investigators Licensing Board Practice Test

PILB Financial Investigations and Asset Searches