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Nevada Real Estate Exam Prep (Mandated Disclosures) with Correct Solutions

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2023/2024 Written for academic year
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Course Nevada Real Estate
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Nevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct Solutions100. A broker must NOT disclose to prospective buyer: a. about structural defects b. that zoning makes the present usage non-conforming c. that he has seen evidence of termites d. that the owner will accept less than the listing price - ANSWER-100. D When the broker represents the owner of the property objectives of the seller should not be disclosed. 101. A real estate salesperson advised a prospective buyer that the property the buyer was considering was scheduled for annexation into the city limits. This disclosure constituted which of the following: a. disloyalty to principal b. misrepresentation c. required disclosure to buyer d. disclosure of confidential information - ANSWER-101. C The annexation in to the city is a material fact that could affect the consideration to be given and therefore must be disclosed.

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