NV state portion
01. A duty to disclose to each party to the transaction any fabric and relevant information,
date, or records which she or he is aware of, or which, by way of the exercising of
reasonable care and diligence, must have regarded, relating to the belongings, is
exceptional described because the:
Fiduciary responsibility
Duty of inquiry
Agency
Material fact - ANS-Duty of inquiry
02. A licensee in Nevada, who has information of the following, has no duty to reveal that a
property:
Was the web site of a homicide
Has a roof leak
Had a mold remediation
Has had settling and risky grounds - ANS-Was the site of a murder
03. Upon termination of a Nevada business enterprise dating, the Nevada licensee has an
obligation to NOT reveal confidential statistics obtained in running with the customer:
Until escrow has closed
Up to 12 months after termination of the organization
Up to five years after termination of the organization
Forever - ANS-Up to 12 months after termination of the employer
04. Nevada's SRPD must be supplied by using the seller to a client
Within 24 hours of reputation of the offer
Within the due diligence period
At remaining
At least 10 days before conveyance to the purchaser - ANS-At least 10 days before
conveyance to the client
05. Which of the subsequent isn't pertinent to an organisation courting in Nevada?
SRPD
Consent to Act
Duties Owed
None of the above pertain to an business enterprise dating - ANS-SRPD
, 06. A illness that can't be without problems found or determined without a few notable
interest is referred to as a:
Patent disorder
Latent defect
Material truth
Encroachment - ANS-Latent defect
07. Restrictions touching on advertising actual property in Nevada by means of licensees
include the advertising and marketing:
Must no longer be fake or deceptive
Must offer a real and correct photograph of what's being offered
Must be carried out beneath the supervision of the dealer
All of these - ANS-All of these
08. Which of the following topics is NOT relevant to anti-accept as true with legislation?
Monopolies
Earnest money deposits
Boycotting
Price fixing - ANS-Earnest money deposits
09. Email solicitation and advertising are situation to the guidelines of the:
Department of Commerce
Internal Revenue Service
Real Estate Settlement and Procedures Act
Federal Trade Commission - ANS-Federal Trade Commission
10. Which of the subsequent is NOT a requirement of a Nevada real estate broker?
-Each broking is required to have assign in a conspicuous vicinity identifying the brokerage
and the broker's workplace.
-The broking need to display a signal which must be readable from the nearest public
sidewalk, avenue or dual carriageway
-Every Nevada actual property dealer must employ at least one Nevada-certified shop clerk
-If a broker is advertising and marketing below the name of a franchise, the broking must
comprise in a conspicuous manner the actual call underneath which the brokerage is
licensed - ANS-Every Nevada actual property dealer ought to rent as a minimum one
Nevada-certified salesclerk
eleven. Regarding real estate "groups" in Nevada, which of the subsequent is TRUE?
The team should have of greater participants
Team participants need to be employed by the identical broking
The team call should contain the final call of one of the team participants
All of these - ANS-All of these
01. A duty to disclose to each party to the transaction any fabric and relevant information,
date, or records which she or he is aware of, or which, by way of the exercising of
reasonable care and diligence, must have regarded, relating to the belongings, is
exceptional described because the:
Fiduciary responsibility
Duty of inquiry
Agency
Material fact - ANS-Duty of inquiry
02. A licensee in Nevada, who has information of the following, has no duty to reveal that a
property:
Was the web site of a homicide
Has a roof leak
Had a mold remediation
Has had settling and risky grounds - ANS-Was the site of a murder
03. Upon termination of a Nevada business enterprise dating, the Nevada licensee has an
obligation to NOT reveal confidential statistics obtained in running with the customer:
Until escrow has closed
Up to 12 months after termination of the organization
Up to five years after termination of the organization
Forever - ANS-Up to 12 months after termination of the employer
04. Nevada's SRPD must be supplied by using the seller to a client
Within 24 hours of reputation of the offer
Within the due diligence period
At remaining
At least 10 days before conveyance to the purchaser - ANS-At least 10 days before
conveyance to the client
05. Which of the subsequent isn't pertinent to an organisation courting in Nevada?
SRPD
Consent to Act
Duties Owed
None of the above pertain to an business enterprise dating - ANS-SRPD
, 06. A illness that can't be without problems found or determined without a few notable
interest is referred to as a:
Patent disorder
Latent defect
Material truth
Encroachment - ANS-Latent defect
07. Restrictions touching on advertising actual property in Nevada by means of licensees
include the advertising and marketing:
Must no longer be fake or deceptive
Must offer a real and correct photograph of what's being offered
Must be carried out beneath the supervision of the dealer
All of these - ANS-All of these
08. Which of the following topics is NOT relevant to anti-accept as true with legislation?
Monopolies
Earnest money deposits
Boycotting
Price fixing - ANS-Earnest money deposits
09. Email solicitation and advertising are situation to the guidelines of the:
Department of Commerce
Internal Revenue Service
Real Estate Settlement and Procedures Act
Federal Trade Commission - ANS-Federal Trade Commission
10. Which of the subsequent is NOT a requirement of a Nevada real estate broker?
-Each broking is required to have assign in a conspicuous vicinity identifying the brokerage
and the broker's workplace.
-The broking need to display a signal which must be readable from the nearest public
sidewalk, avenue or dual carriageway
-Every Nevada actual property dealer must employ at least one Nevada-certified shop clerk
-If a broker is advertising and marketing below the name of a franchise, the broking must
comprise in a conspicuous manner the actual call underneath which the brokerage is
licensed - ANS-Every Nevada actual property dealer ought to rent as a minimum one
Nevada-certified salesclerk
eleven. Regarding real estate "groups" in Nevada, which of the subsequent is TRUE?
The team should have of greater participants
Team participants need to be employed by the identical broking
The team call should contain the final call of one of the team participants
All of these - ANS-All of these
