Nv real estate Study guides, Class notes & Summaries

The Nevada legislation which sets forth the rights, obligations, and duties of the parties under most residential lease transactions is known as: - ANSWER-The Residential Landlord and Tenant Act. Which of the following lease types is the most common lease used in residential apartments or homes? - ANSWER-Gross lease A two-day stay in a hotel room can be considered: - ANSWER-An estate for years. A situation in which someone is both the tenant and the landlord to the same property occurs ...

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 instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer Owns 5+ Lots within a subdivision Real Estate Division - Answer 1. The RE Division of the Department of the Bus...

The Nevada legislation which sets forth the rights, obligations, and duties of the parties under most residential lease transactions is known as: - Answer The Residential Landlord and Tenant Act. Which of the following lease types is the most common lease used in residential apartments or homes? - Answer Gross lease A two-day stay in a hotel room can be considered: - Answer An estate for years. A situation in which someone is both the tenant and the landlord to the same property occurs ...

NV Real Estate Law Exam Questions and Answers 100% Pass 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 license investigation checking NV brokers office Who helps NVRED? - Answer- The Attorney General Where Are NV Licensee's Fees, penalties & cha...

CIC association documents are supplied by - ANSWER-The association within 10 days of request for a reasonable fee When must a salesperson turn a transaction file to his/her broker? - ANSWER-Within 5 days of an accepted contract Net Listing Agreement - ANSWER-A contract between a seller of real estate and a real estate broker in which the broker is paid as a commission the amount the sale price exceeds the price set by the seller. Legal in Nevada Unilateral Contract - ANSWER-A contract t...

The Nevada legislation which sets forth the rights, obligations, and duties of the parties under most residential lease transactions is known as: - Answer The Residential Landlord and Tenant Act. Which of the following lease types is the most common lease used in residential apartments or homes? - Answer Gross lease A two-day stay in a hotel room can be considered: - Answer An estate for years. A situation in which someone is both the tenant and the landlord to the same property occurs ...

NV Real Estate Exam Review

NV Real Estate Law Latest Update with Complete SolutionsNV Real Estate Law Latest Update with Complete SolutionsNV Real Estate Law Latest Update with Complete SolutionsNV Real Estate Law Latest Update with Complete Solutionswho 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 iss...

NV Real Estate Exam Review

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 license investigation checking NV brokers office Who helps NVRED? - ANSWER The Attorney General