NV State Real Estate Salesperson
EXAM QUESTIONS WITH ACCURATE
VERIFIED ANSWERS (ACCURATE
SOLUTIONS) A+ PASSED!!
After the collection of the advance fee, when should it be itemized and accounted for? -
correct answer✔ ✔ 3 months
What must one have in order to collect an advance fee? - correct answer✔ ✔ A real
estate license.
How many days for broker to refund buyers on land purchase? - correct answer✔ ✔
15 day
Public offerings must contain this warning - correct answer✔ ✔ Read report before
signing any paper
Real Estate Commission members must be appointed by the - correct answer✔ ✔
Governor.
Duty of Real Estate Commission is - correct answer✔ ✔ to adopt regulations and
conduct hearings related to Real Estate law.
Members may be reappointed but may not serve longer than - correct answer✔ ✔ 6
years consecutively
, How many real estate commission members must reside in southern Nevada? - correct
answer✔ ✔ 2
How many real estate commission members must reside in northern Nevada? - correct
answer✔ ✔ 2
Clark, Esmeralda, Lincoln and Nye counties - correct answer✔ ✔ Southern Nevada
Carson City and the counties of Churchill, Douglas, Elko, Eureka, Humboldt, Lander,
Lyon, Mineral, Pershing, Storey, Washoe and White Pine. - correct answer✔ ✔
Northern Nevada
2 types of Nevada agency - correct answer✔ ✔ General agency and special agency
Which agency is not valid in Nevada? - correct answer✔ ✔ Transactional agency
Is dual agency allowed in Nevada? - correct answer✔ ✔ Yes
What must a broker do when in an dual agency? - correct answer✔ ✔ Disclose
representation and get the written consent of each party before proceeding.
What form must be given when in a dual agency situation? - correct answer✔ ✔
Consent to act
Do assigned agents in a dual agency situation need Consent to Act forms? - correct
answer✔ ✔ No
When must a licensee give written disclosure to each party in a real estate transaction if
the licensee relation with any party changes? - correct answer✔ ✔ As soon as
possible
EXAM QUESTIONS WITH ACCURATE
VERIFIED ANSWERS (ACCURATE
SOLUTIONS) A+ PASSED!!
After the collection of the advance fee, when should it be itemized and accounted for? -
correct answer✔ ✔ 3 months
What must one have in order to collect an advance fee? - correct answer✔ ✔ A real
estate license.
How many days for broker to refund buyers on land purchase? - correct answer✔ ✔
15 day
Public offerings must contain this warning - correct answer✔ ✔ Read report before
signing any paper
Real Estate Commission members must be appointed by the - correct answer✔ ✔
Governor.
Duty of Real Estate Commission is - correct answer✔ ✔ to adopt regulations and
conduct hearings related to Real Estate law.
Members may be reappointed but may not serve longer than - correct answer✔ ✔ 6
years consecutively
, How many real estate commission members must reside in southern Nevada? - correct
answer✔ ✔ 2
How many real estate commission members must reside in northern Nevada? - correct
answer✔ ✔ 2
Clark, Esmeralda, Lincoln and Nye counties - correct answer✔ ✔ Southern Nevada
Carson City and the counties of Churchill, Douglas, Elko, Eureka, Humboldt, Lander,
Lyon, Mineral, Pershing, Storey, Washoe and White Pine. - correct answer✔ ✔
Northern Nevada
2 types of Nevada agency - correct answer✔ ✔ General agency and special agency
Which agency is not valid in Nevada? - correct answer✔ ✔ Transactional agency
Is dual agency allowed in Nevada? - correct answer✔ ✔ Yes
What must a broker do when in an dual agency? - correct answer✔ ✔ Disclose
representation and get the written consent of each party before proceeding.
What form must be given when in a dual agency situation? - correct answer✔ ✔
Consent to act
Do assigned agents in a dual agency situation need Consent to Act forms? - correct
answer✔ ✔ No
When must a licensee give written disclosure to each party in a real estate transaction if
the licensee relation with any party changes? - correct answer✔ ✔ As soon as
possible
