Nevada real estate - Study guides, Class notes & Summaries

Nevada Real Estate Salesperson State Questions with 100% Correct Answers A Seller's Real Property Disclosure document is required for all the following properties, EXCEPT a(n): a) For Sale by Owner b) New Home c) Resale d) Home that has been inspected by a certified home inspector - Answer- b (New Home) A Nevada licensee must give the Duties Owed by a Nevada licensee form to prospective purchasers/tenants: a) before they are shown any properties b) at an open house c) at the close ...

Nevada Real Estate State Questions and answers 2024 100% verified

Nevada Real Estate Exam Questions and Answers 2024

Nevada Real Estate State Exam Questions and Answers 100% Pass 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 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

NEVADA REAL ESTATE EXAM QUESTIONS WITH COMPLETE ANSWERS (RATED A+) All NVCE records must be kept by the course provider for - Answer-a minimum of 4 years All NVCE hours per renewal may not exceed - Answer-3 hours in Personal Development All NV renewals after the first year can be completed by - Answer-24 hrs in classroom or 12 in classroom and 12 by correspondence course renewal work Nevada real estate division offices - Answer-• Must have a principal office and branch offices •...

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 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when taken at the same time, $100 each if Nevada State and National tests ...

NEVADA REAL ESTATE EXAM PREP QUESTIONS & ANSWERS, GRADED A+ **For this question, disregard selling costs, taxes, etc. choose the closest answer: A parcel of land is sold for $163,000. If it appreciates at 14% compounded per year and the seller keeps it for 7 years, how much will the seller pay for it? - -$65,000 Explanation: To solve use the formula: V = P(1+r/n)^nt · V = future value of the investment ($163,000) · P = principal investment amount · r = annual interest rate (14%) · n ...

1. How much time is given to pass the NV salesperson exam? - correct answer 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - correct answer 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing term 3. In order to obtain a NV real estate license you must have a HS diploma? - correct answer True - you must have a HS diploma or equivalent 4. How often must you renew your ...

Nevada Real Estate Exam Questions and Answers 100% Pass 1. What is the minimum balance of the real estate education, research, and recovery fund? A) $300,000. B) $100,000. C) $250,000. D) $500,000. - Answer- a 2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel the transaction? A) 24 hours B) within five calendar days C) five business days D) or one week - Answer- b 3. In NV, who is responsible prior to closing for c...