Nevada Real Estate: Practice State Exam Corrections Questions & Answers 100% Solved.
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 to engaging in the real estate business without a real estate license Embezzlement - ANSWER-Theft or misappropriation of funds placed in one's trust or belonging to one's employer Jones has left ARM Realty and his license has been returned to the division. What maximum time is allowed for re-affiliation before he is inactivated - ANSWER-30 days Watkins' listing is being shown by Zender to a very interested buyer. The asking price is $. Watkins suggests Zender and her buyer make an offer of $340,000 to "get some action on the listing" Has he violated NRS 645? - ANSWER-Yes, because he offered property at a price not authorized by the owner If a claim is paid from the ERRF to satisfy a judgment against Hamilton - ANSWER-Before reinstatement, he must repay ERRF payments plus interest at 2% over prime rate A waiver of the educational requirements for brokers and broker-salespeople is made for active experience according to which pattern? - ANSWER-16 credits for each 2 years of active experience A buyer has purchased
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