PACKAGE DEAL FOR Nevada Real Estate State Correct Questions & Answers(Graded A+)COMPLETE FULL PACK SOLUTIONSPACKAGE DEAL FOR Nevada Real Estate State Correct Questions & Answers(Graded A+)COMPLETE FULL PACK SOLUTIONSPACKAGE DEAL FOR Nevada Real Estate State Correct Questions & Answers(Graded A+)COM...
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Agency - ANSWER Relationship between the principal (client) and agent. Business - ANSWER Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - ANSWER RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instr...
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Add to cartAgency - ANSWER Relationship between the principal (client) and agent. Business - ANSWER Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - ANSWER RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instr...
After the collection of the advance fee, when should it be itemized and accounted for? - ANSWER 3 months What must one have in order to collect an advance fee? - ANSWER A real estate license. How many days for broker to refund buyers on land purchase? - ANSWER 15 day Public offerings must c...
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Add to cartAfter the collection of the advance fee, when should it be itemized and accounted for? - ANSWER 3 months What must one have in order to collect an advance fee? - ANSWER A real estate license. How many days for broker to refund buyers on land purchase? - ANSWER 15 day Public offerings must c...
1. How much time is given to pass the NV salesperson exam? - ANSWER 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - ANSWER 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing ...
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Add to cart1. How much time is given to pass the NV salesperson exam? - ANSWER 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - ANSWER 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing ...
Nevada BROKER salesperson/BROKER education - ANSWER - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 ...
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Add to cartNevada BROKER salesperson/BROKER education - ANSWER - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 ...
The following would likely disqualify Smith from receiving a license - ANSWER Being delinquent in child support obligations, having had her license suspended, but not revoked in Arizona 4 years ago, having pled guilty to engaging in the real estate business without a real estate license Embezzlem...
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Add to cartThe following would likely disqualify Smith from receiving a license - ANSWER Being delinquent in child support obligations, having had her license suspended, but not revoked in Arizona 4 years ago, having pled guilty to engaging in the real estate business without a real estate license Embezzlem...
One act makes you a realtor- - ANSWER Any person, company, corporation acting as a realtor will be prosecuted by the Attorney General of the county were the act occurred Dual Agency- - ANSWER now known as Multiple Agency. Old common law where one agent represented both buyer and seller Assigne...
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Add to cartOne act makes you a realtor- - ANSWER Any person, company, corporation acting as a realtor will be prosecuted by the Attorney General of the county were the act occurred Dual Agency- - ANSWER now known as Multiple Agency. Old common law where one agent represented both buyer and seller Assigne...
Amortized Loans - ANSWER Constant payment including principle and interest until paid off Conventional Loan - ANSWER No government back; private Gross Lease - ANSWER Fixed amount- Residential rental Net Lease - ANSWER Fixed plus maintenance; Triple Net = tax & insurance also Percentage L...
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Add to cartAmortized Loans - ANSWER Constant payment including principle and interest until paid off Conventional Loan - ANSWER No government back; private Gross Lease - ANSWER Fixed amount- Residential rental Net Lease - ANSWER Fixed plus maintenance; Triple Net = tax & insurance also Percentage L...
Nevada real estate division - ANSWER Principle office in south (las vegas) Branch office in north (carson city) Requirements for Nevada real estate division employees - ANSWER Cannot have NV real license What nv real estate records are available to the public? - ANSWER All records held at the...
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Add to cartNevada real estate division - ANSWER Principle office in south (las vegas) Branch office in north (carson city) Requirements for Nevada real estate division employees - ANSWER Cannot have NV real license What nv real estate records are available to the public? - ANSWER All records held at the...
74. A broker's fiduciary duty to a client includes all EXCEPT: a. sell his property b. care and diligence c. loyalty d. confidentiality - ANSWER 74. A The six components of a broker's fiduciary duty are loyalty, obedience, disclosure, confidentiality, reasonable care and diligence and accounta...
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Add to cart74. A broker's fiduciary duty to a client includes all EXCEPT: a. sell his property b. care and diligence c. loyalty d. confidentiality - ANSWER 74. A The six components of a broker's fiduciary duty are loyalty, obedience, disclosure, confidentiality, reasonable care and diligence and accounta...
Land - ANSWER Surface, all natural things attached to it, subsurface, and air above the surface. Real Estate - ANSWER land plus manmade permanent attatchments Real property - ANSWER Real estate plus "bundle of legal rights" Bundle of Rights - ANSWER PUTEE (possess, use, transfer, exclude,...
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Add to cartLand - ANSWER Surface, all natural things attached to it, subsurface, and air above the surface. Real Estate - ANSWER land plus manmade permanent attatchments Real property - ANSWER Real estate plus "bundle of legal rights" Bundle of Rights - ANSWER PUTEE (possess, use, transfer, exclude,...
The Uniform Vendor and Purchaser Risk Act refers to what relationship? - ANSWER The vendor and vendee Prior to difference between vendor and vendee - ANSWER vendor=seller in land contract purchase vendee= buyer in land contract purchase closing an escrow or signing of NV sales contract, you m...
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Add to cartThe Uniform Vendor and Purchaser Risk Act refers to what relationship? - ANSWER The vendor and vendee Prior to difference between vendor and vendee - ANSWER vendor=seller in land contract purchase vendee= buyer in land contract purchase closing an escrow or signing of NV sales contract, you m...
who CANNOT have a NV real estate license or personal / financial interst in NV real estate company - ANSWER NVRED / NVREDA Whats NOT open to the public? - ANSWER Broker/brokersalperson exam, criminal and financial records NVRED duties? (4) - ANSWER customer service issuing and renewing licens...
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Add to cartwho CANNOT have a NV real estate license or personal / financial interst in NV real estate company - ANSWER NVRED / NVREDA Whats NOT open to the public? - ANSWER Broker/brokersalperson exam, criminal and financial records NVRED duties? (4) - ANSWER customer service issuing and renewing licens...
Provide the buyer with a duties owed by a nevada licensee - ANSWER if an unrepresented buyer submits an offer directly to eh listing agent what must the agent provide? the sellers real property disclosure - ANSWER only the seller and the seller only can fill out what disclosure? $100,000 - ANS...
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Add to cartProvide the buyer with a duties owed by a nevada licensee - ANSWER if an unrepresented buyer submits an offer directly to eh listing agent what must the agent provide? the sellers real property disclosure - ANSWER only the seller and the seller only can fill out what disclosure? $100,000 - ANS...
Provide the buyer with a duties owed by a nevada licensee - ANSWER if an unrepresented buyer submits an offer directly to eh listing agent what must the agent provide? $100,000 - ANSWER what is the maximum liability of the ERRF for any individual person is.. the sellers real property disclosure -...
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Add to cartProvide the buyer with a duties owed by a nevada licensee - ANSWER if an unrepresented buyer submits an offer directly to eh listing agent what must the agent provide? $100,000 - ANSWER what is the maximum liability of the ERRF for any individual person is.. the sellers real property disclosure -...
How many hours do you need to renew your salesperson license the second time? - ANSWER A total of 24 hours is required, including 12 hours live classroom of 3 hours each contracts, agency, Nevada law and ethics. The remaining 12 hours may be by correspondence in general studies. When does the com...
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Add to cartHow many hours do you need to renew your salesperson license the second time? - ANSWER A total of 24 hours is required, including 12 hours live classroom of 3 hours each contracts, agency, Nevada law and ethics. The remaining 12 hours may be by correspondence in general studies. When does the com...
A Seller's Real Property Disclosure document required for all of the following properties EXCEPT a(n): - ANSWER New home. A Nevada licensee must give the Duties Owed by a Nevada Licensee form to prospective purchasers or tenants: - ANSWER no later than the time of entering an agreement to purcha...
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Add to cartA Seller's Real Property Disclosure document required for all of the following properties EXCEPT a(n): - ANSWER New home. A Nevada licensee must give the Duties Owed by a Nevada Licensee form to prospective purchasers or tenants: - ANSWER no later than the time of entering an agreement to purcha...
an unrepresented buyer submits an offer directly to the listing agent the agent must - ANSWER Provide the buyer a Duties Owed by a Nevada licensee Only the seller can fill out - ANSWER The SRPD The maximum liability of ERRF for an individual person is - ANSWER 100,000 What is the maximum am...
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Add to cartan unrepresented buyer submits an offer directly to the listing agent the agent must - ANSWER Provide the buyer a Duties Owed by a Nevada licensee Only the seller can fill out - ANSWER The SRPD The maximum liability of ERRF for an individual person is - ANSWER 100,000 What is the maximum am...
Nevada Sales Person - ANSWER 90 Hours of Instructions, Break down (45 hours of law) (45 hours of Principles) Nevada Broker/ Broker-Salesperson Education Requirements (Broker & Sales Person - ANSWER Pass Broker Exam, 64 Collage Units, 2 years full time experience = 16 college units Broker ONLY ...
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Add to cartNevada Sales Person - ANSWER 90 Hours of Instructions, Break down (45 hours of law) (45 hours of Principles) Nevada Broker/ Broker-Salesperson Education Requirements (Broker & Sales Person - ANSWER Pass Broker Exam, 64 Collage Units, 2 years full time experience = 16 college units Broker ONLY ...
She may not be actively licensed. - ANSWERBroker Wilkins recently closed her office and went to work for the Division as the Deputy Administrator. What limitation is placed on Wilkins? Be a single agent of the seller. - ANSWERAgent Becker of 20/20 Realty listed and sold the Franklin home in 2004....
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Add to cartShe may not be actively licensed. - ANSWERBroker Wilkins recently closed her office and went to work for the Division as the Deputy Administrator. What limitation is placed on Wilkins? Be a single agent of the seller. - ANSWERAgent Becker of 20/20 Realty listed and sold the Franklin home in 2004....
The broker must retain copies of all paperwork, including rejected offers, for how many years? - ANSWER 5 A Salesperson has assisted a buyer in purchasing a 'For Sale by Owner'. The seller has agreed to pay the buyer's agent's commission from the proceeds of the sale. The Salesperson tells th...
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Add to cartThe broker must retain copies of all paperwork, including rejected offers, for how many years? - ANSWER 5 A Salesperson has assisted a buyer in purchasing a 'For Sale by Owner'. The seller has agreed to pay the buyer's agent's commission from the proceeds of the sale. The Salesperson tells th...
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