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Exam (elaborations)

Nevada C2 Test 2 Exam 2026 Complete Questions And Answers Graded A+

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NEVADA C2 TEST 2 EXAM 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+

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NEVADA C2 TEST 2 EXAM 2026 COMPLETE
QUESTIONS AND ANSWERS GRADED A+

◉ A real estate broker representing a seller knows the house has a
cracked foundation and that the husband committed suicide in the
house. The broker must disclose:


A. neither fact.
B. both facts.
C. the suicide but not the foundation.
D. the foundation but not the suicide. Answer: D


◉ The licensing law of Nevada requires that the:


A. broker keep all information confidential that the seller has
provided about the property.
B. broker disclose everything that the sellers tells him or her.
C. broker disclose information that materially affects the property
even when the buyer does
not ask for it.
D. seller disclose all facts that might affect the sale. Answer: C

,◉ The listing salesperson is showing his listing to very interested
buyers. The asking price is $249,000. The salesperson suggests to
the buyers that they make an offer of $230,000 because the
salesperson believes that might be accepted by his sellers. Has the
salesperson violated the licensing law?


A. No, because he is representing the buyers whenever he writes an
offer on their behalf.
B. No, because the salesperson is attempting to generate some sort
of purchasing activity on
the property.
C. Yes, because he offered the property at a price not authorized by
the sellers and is
breaching his fiduciary duty.
D. Yes, because the offer is not a bona fide offer. Answer: C


◉ Broker Mark procures a ready, willing, and able buyer for his
seller. The seller accepts the offer in writing and then experiences a
change of heart 3 days later by withdrawing his acceptance. In this
situation, Mark:


A. cannot collect a commission as the transaction will not close.
B. may sue the buyer.
C. may well be entitled to collect a commission.

, D. may retain the deposit in lieu of a commission. Answer: C


◉ A seller's listing agreement has expired and the seller lists with a
different brokerage. Jim, the original listing agent, now has a buyer
interested in the seller's property. Jim:


A. must be an assigned agent.
B. cannot disclose to the buyer information about the physical
condition of the property.
C. cannot represent the buyer due to his prior relationship with the
seller.
D. cannot disclose to the buyer offers received on the seller's
property or an acceptable selling price to the seller. Answer: D


◉ What are the three types of agency recognized in Nevada?


A. Single Agency, Dual Agency, and Assigned Agency
B. Seller Agency, Buyer Agency, Assigned Dual Agency
C. Subagency, Dual Agency, Seller Agency
D. Fiduciary Agency, Universal Agency, Multiple Agency Answer: A


◉ Salesperson Judy has been working with buyers to find their
dream home. After locating a property, the buyers ask Judy if she can
recommend a home warranty program. Judy knows of a company

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