Nevada Exam Questions with complete solutions 2024/2025

Nevada Exam Questions with complete solutions 2024/2025 an unrepresented buyer submits an offer directly to the listing agent the agent must - correct answer Provide the buyer a Duties Owed by a Nevada licensee Only the seller can fill out - correct answer The SRPD The maximum liability of ERRF for an individual person is - correct answer 100,000 What is the maximum amount per judgement that can be paid out of the Errf - correct answer 25,000 State law allows representation of multiple parties to a transaction, however what authorization is required before moving forward - correct answer Consent to act Disclosure of a licensee's duties to their clients and to all parties of the transaction is acknowledged by what state mandated disclosure - correct answer Duties owed Per Nevada Law a seller may waive which one of these duties owed by a NV licensee - correct answer Presenting all offers A brokerage agreement is between - correct answer the broker and the client Per NRS 645 the duties owed by a Nevada licensee must be - correct answer initialed, dates, timed, and signed A licensee is representing a seller and the buyer is unrepresented. The file of the transaction must include - correct answer a duties owed signed by the buyer identifying the sellers as the broker's clients. while representing a client in a transaction which is an example of a duty owed - correct answer to inform t