Nevada Exam Questions & Answer(Scored A+)
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 forward - ANSWER Consent to act Disclosure of a licensee's duties to their clients and to all parties of the transaction is acknowledged by what state mandated disclosure - ANSWER Duties owed Per Nevada Law a seller may waive which one of these duties owed by a NV licensee - ANSWER Presenting all offers
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