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Nevada State Final Exam Questions And 100% Correct Answers
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Nevada State Final Exam Questions And 100%Correct Answers
She may not be actively licensed. Answer Broker Wilkins recently closed her office and
went to work for the Division as the Deputy Administrator. To what is Wilkins restricted?
Be an exclusive agent of the seller. Agent Becker of 20/20 Realty listed and sold the
Franklin home in 2004. In 2015 Becker has a listing on which Franklin wants to make an
offer. Franklins agent affiliated with gold realty, writes the offer and presents it through
Becker. Becker Should.
No, Caulfield can collect real estate commission only through his employing broker.
Answer Whether it is legal for a salesperson Caulfield to accept a bonus for a quick sale
from seller Wilson?
Although not advisable, What type of contract can be oral? - Answer A brokerage
agreement
Regarding property management, depositing rents collected into the broker's business
account - Answer What of the following is /are a basis/bases for disciplinary action
against a broker?
4 business days - Answer After receiving the seller's real property disclosure form
(SRPD) how long is the subsequent rescission period based on that report?
-Home Improvements including but not limited to pools, water softeners, and home
security systems - Answer Each of the above is controlled by NRS 119, 119A and 119B
except.
he could have his Nevada license suspended due to the utah problem. - Answer
, Anderson was suspended under his utah Licence
Alder: Cannot retain the funds unless all parties agree to it in writing - Answer Broker
Alder receives money as an earnest money deposit.
She has failed to exercise supervision. - Answer Broker Mason may be disciplined for
unknown violations of licensees associated with her because.
30 days - Question Bennett has left West Realty and his license has been returned to the
division. How many days maximum can he be re-affiliated before he is inactivated?
Yes, because he offered property at a price not authorized by the owner - Answer
Tennille is showing underwood's listing to a very interested buyer. The asking price is
$276,000. Underwood suggests to tennille an offer of $245,000. Underwood suggests to
Tennille an offer of $245,000 "might fly" has underwood violated NRS 645?
What is the penalty for a violation of NRS 645.630? - Answer Up to $10,000 per offense.
Responsibilities of a Nevada Real Estate Licensee - Answer Which form must be used in
each real estate transaction in which there is a Nevada licensee?
cease and desist - Answer If the real estate Division believes a licensee may pose a
potential danger to the general public, and before a hearing may be held, the Division
may stop the licensee from continued real estate practice by issuing a(n):
you are related to the seller-Answer Your father has a house for sale and you are the
listing agent. What do you have to disclose?
The broker is liable because he failed to learn information that he should have. ANSWER
A broker sells a 3,200 square foot house. In checking the assessor's records, the broker
finds that it is a 2,900 square foot house. The broker does not inquire of the seller if this
was an addition, and whether or not there were permits and inspections. After the
closing, the buyer finds there is a severe problem with the addition. Which is correct?
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