KEY REALTY EXAM
A net listing in Nevada is all of the following except: - ANSWERS-Illegal
May be oral
May be in writing
May have an end date
Illegal
Maximum amount of ERRF money on any given day in the Nevada ERRF Fund
would be: - ANSWERS-300,000 is minimum no maximum
The Nevada Revised Statutes are written by: - ANSWERS-nevada legislature
When NREDA pays from the ERRF fund, the licensees license is: - ANSWERS-
suspended
A real estate salesperson decides to sell his or her own property without using a
broker. When advertising the property, the salesperson - ANSWERS-does not
need to disclose they have a license if acting as a private citizen
Which status of your Nevada license allows you to sell real estate for a
commission: - ANSWERS-voluntary active
, What is the Nevada licensed person who signed a duties owed with a client called:
- ANSWERS-licensee?
All monies on an offer agreement to purchase real estate in Nevada must be
turned over to the Nevada broker by the: - ANSWERS-
The word severability in Nevada real estate most nearly means: - ANSWERS-
Under Nevada law, which of the following statements is not true of an exclusive
listing contract? - ANSWERS-illegal to have automatic extension clauses included
in the exclusive listing contract
In order to manage and conduct the leasing activities of multiple owners and
multiple sites you must have all of the following except: - ANSWERS-real estate
license
General rules of required education for a Nevada broker would include all of the
following except: - ANSWERS-cannot waive appraisal units with real estate
experience
Can a Nevada licensee sell a Nevada real property with an unmerchantible title: -
ANSWERS-never unless you disclose before money is put down
A net listing in Nevada is all of the following except: - ANSWERS-Illegal
May be oral
May be in writing
May have an end date
Illegal
Maximum amount of ERRF money on any given day in the Nevada ERRF Fund
would be: - ANSWERS-300,000 is minimum no maximum
The Nevada Revised Statutes are written by: - ANSWERS-nevada legislature
When NREDA pays from the ERRF fund, the licensees license is: - ANSWERS-
suspended
A real estate salesperson decides to sell his or her own property without using a
broker. When advertising the property, the salesperson - ANSWERS-does not
need to disclose they have a license if acting as a private citizen
Which status of your Nevada license allows you to sell real estate for a
commission: - ANSWERS-voluntary active
, What is the Nevada licensed person who signed a duties owed with a client called:
- ANSWERS-licensee?
All monies on an offer agreement to purchase real estate in Nevada must be
turned over to the Nevada broker by the: - ANSWERS-
The word severability in Nevada real estate most nearly means: - ANSWERS-
Under Nevada law, which of the following statements is not true of an exclusive
listing contract? - ANSWERS-illegal to have automatic extension clauses included
in the exclusive listing contract
In order to manage and conduct the leasing activities of multiple owners and
multiple sites you must have all of the following except: - ANSWERS-real estate
license
General rules of required education for a Nevada broker would include all of the
following except: - ANSWERS-cannot waive appraisal units with real estate
experience
Can a Nevada licensee sell a Nevada real property with an unmerchantible title: -
ANSWERS-never unless you disclose before money is put down
