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Nevada Real Estate Law NRS 645 EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

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Nevada Real Estate Law NRS 645 EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

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Nevada State Real Estate
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Institution
Nevada state real estate
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Nevada state real estate

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Uploaded on
January 13, 2025
Number of pages
10
Written in
2024/2025
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Nevada Real Estate Law NRS 645 EXAM
QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
Additional meetings of the commission may be held at the
call of the president when there is sufficient business to come
before the commission. Written notice of time, place, and
purpose of all meetings must be given to each member at
least - Correct Answers ✅3 working days before the
meeting


The commission may by regulation delegate any authority
conferred upon it to the - Correct Answers ✅Administrator


The provisions of the real estate license laws do NOT apply to
- Correct Answers ✅An executor of an estate


When a real estate salesman terminates his employment with
the real estate broker by whom he was employed, such
broker is required by NRS 645 to - Correct Answers
✅within 10 days deliver or mail to the Division the license of
such salesman, a written statement of the circumstances
surrounding such termination, and mail notice to such
salesman of these acts


When broker Sweet Sue complete a real estate transaction,
she must retain all records regarding the transaction for -
Correct Answers ✅5 years

, Nevada Real Estate Law NRS 645 EXAM
QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
All of the following records of a broker would be subject to
inspection and audit by the real estate division EXCEPT -
Correct Answers ✅Payroll records for the office secretary
(the brokers trust fund records, the availability of current
statutes and regulations at the place of business, and
samples of the brokers methods of advertising ALL can be)


The Commission consists of - Correct Answers ✅5
members


A licensee's license can be suspended or revoked for -
Correct Answers ✅1. Acting in the dual capacity of agent
and undisclosed principal in any transaction
2. Failure to submit all written bona fide offers to a seller the
the offers are received before the seller accepts an offer in
writing and until the broker has knowledge of that acceptance
3. Acting for more than one party in a transaction without the
knowledge of all parties for whom he acts


What is true about a broker who is licensed in Nevada and
another state? - Correct Answers ✅Shall nevertheless
maintain and operate a Nevada office


How many days does a broker have to correct any deficiency
involving advertising, business locations, office operation or a
brokers sign? - Correct Answers ✅10 days

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