NV State Real Estate Salesperson Exam
Questions With Correct Answers
After the collection of the advance fee, when should it be itemized and accounted
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for? - CORRECT ANSWER✔✔-3 months
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What must one have in order to collect an advance fee? - CORRECT ANSWER✔✔-
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A real estate license.
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How many days for broker to refund buyers on land purchase? - CORRECT
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ANSWER✔✔-15 day |
Public offerings must contain this warning - CORRECT ANSWER✔✔-Read report
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before signing any paper | | |
Real Estate Commission members must be appointed by the - CORRECT
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ANSWER✔✔-Governor.
Duty of Real Estate Commission is - CORRECT ANSWER✔✔-to adopt regulations
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and conduct hearings related to Real Estate law.
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Members may be reappointed but may not serve longer than - CORRECT
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ANSWER✔✔-6 years consecutively | |
, How many real estate commission members must reside in southern Nevada? -
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CORRECT ANSWER✔✔-2 |
How many real estate commission members must reside in northern Nevada? -
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CORRECT ANSWER✔✔-2 |
Clark, Esmeralda, Lincoln and Nye counties - CORRECT ANSWER✔✔-Southern
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Nevada
Carson City and the counties of Churchill, Douglas, Elko, Eureka, Humboldt,
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Lander, Lyon, Mineral, Pershing, Storey, Washoe and White Pine. - CORRECT
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ANSWER✔✔-Northern Nevada |
2 types of Nevada agency - CORRECT ANSWER✔✔-General agency and special
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agency
Which agency is not valid in Nevada? - CORRECT ANSWER✔✔-Transactional
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agency
Is dual agency allowed in Nevada? - CORRECT ANSWER✔✔-Yes
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What must a broker do when in an dual agency? - CORRECT ANSWER✔✔-
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Disclose representation and get the written consent of each party before
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proceeding.
Questions With Correct Answers
After the collection of the advance fee, when should it be itemized and accounted
| | | | | | | | | | | | |
for? - CORRECT ANSWER✔✔-3 months
| | | | |
What must one have in order to collect an advance fee? - CORRECT ANSWER✔✔-
| | | | | | | | | | | | |
A real estate license.
| | |
How many days for broker to refund buyers on land purchase? - CORRECT
| | | | | | | | | | | | |
ANSWER✔✔-15 day |
Public offerings must contain this warning - CORRECT ANSWER✔✔-Read report
| | | | | | | | | |
before signing any paper | | |
Real Estate Commission members must be appointed by the - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Governor.
Duty of Real Estate Commission is - CORRECT ANSWER✔✔-to adopt regulations
| | | | | | | | | | |
and conduct hearings related to Real Estate law.
| | | | | | |
Members may be reappointed but may not serve longer than - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-6 years consecutively | |
, How many real estate commission members must reside in southern Nevada? -
| | | | | | | | | | | |
CORRECT ANSWER✔✔-2 |
How many real estate commission members must reside in northern Nevada? -
| | | | | | | | | | | |
CORRECT ANSWER✔✔-2 |
Clark, Esmeralda, Lincoln and Nye counties - CORRECT ANSWER✔✔-Southern
| | | | | | | | |
Nevada
Carson City and the counties of Churchill, Douglas, Elko, Eureka, Humboldt,
| | | | | | | | | | |
Lander, Lyon, Mineral, Pershing, Storey, Washoe and White Pine. - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Northern Nevada |
2 types of Nevada agency - CORRECT ANSWER✔✔-General agency and special
| | | | | | | | | | |
agency
Which agency is not valid in Nevada? - CORRECT ANSWER✔✔-Transactional
| | | | | | | | | |
agency
Is dual agency allowed in Nevada? - CORRECT ANSWER✔✔-Yes
| | | | | | | |
What must a broker do when in an dual agency? - CORRECT ANSWER✔✔-
| | | | | | | | | | | |
Disclose representation and get the written consent of each party before
| | | | | | | | | | |
proceeding.
