Nevada real estate stuvia - Study guides, Class notes & Summaries

Nevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct Solutions100. A broker must NOT disclose to prospective buyer: a. about structural defects b. that zoning makes the present usage non-conforming c. that he has seen evidence of termites d. that the owner will ...

Nevada Real Estate Exam Prep (Mandated Disclosures) with Complete SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Complete SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Complete Solutions 100. A broker must NOT disclose to prospective buyer: a. about structural defects b. that zoning makes the present usage non-conforming c. that he has seen evidence of termites d. that the owner will accept less than the listing price - ANSWER-100. D When the broker ...

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 Lease - ANSWER-Fixed + % of profits ;; mall, retail spaces Ground Lease - ANSWER-Long term land lease-- 99+ yr lead;; to build Leaseback - ANSWER-Seller leases back after closing; model homes ...

Nevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% CorrectNevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% CorrectNevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% Correct 1. Real estate is BEST defined as: a. land and the air above it b. land, the air above it and everything above and below the ground c. land, the buildings on it and anything permanently attached to the land and/or bu...

Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers 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 ...

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 amount per judgement that can be paid out of the Errf - Answer 25,000 State law allows representation of multiple parties to a transaction, however what authorization is required before moving forwar...

Nevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% Correct A Seller's Real Property Disclosure document is required for all of the following properties except a(n): For sale by owner, new home, resale residence, or home the ha...

A real estate broker is: A. Liable for the conduct of associated licensees B. Only liable for the contact of an associated licensee if the broker knows about the licensees conduct C. Not liable for the conduct of an associated licensee D. Only liable for his own conduct - ANSWER-A. Liable for the conduct of associated licensees A broker must supervise the activities of a. all associated licensees and employees. b. only licensees retained as employees. c. only licensees retained as...

1. Real estate is BEST defined as: a. land and the air above it b. land, the air above it and everything above and below the ground c. land, the buildings on it and anything permanently attached to the land and/or buildings and all appurtenances d. land an all rights in the land - ANSWER-1. C Real estate is defined as: land plus improvements, buildings and other permanent attachments and appurtenances 2. Physical characteristics of real estate include: a. indestructibility b. scarcity ...

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 ...