Nevada Real Estate Test Study State Final Exam Questions
With Correct Answers
Which form must be used in every real estate transaction involving a Nevada
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licensee?
A. Duties Owed by a Nevada Real Estate Licensee
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B. Consent to Act
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C. brokerage agreement
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D. CIC Resale Package Request - CORRECT ANSWER✔✔-A: Duties Owed by a
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Nevada Real Estate Licensee
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Which of these would NOT likely disqualify Smith from receiving a license?
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A. having been arrested for embezzlement
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B. being delinquent in child support obligations
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C. having had her license suspended, but not revoked in Arizona 4 years ago
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D. having pled guilty to engaging in the real estate business without a real estate
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license - CORRECT ANSWER✔✔-A. having been arrested for embezzlement
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Jones has left ARM Realty and his license has been returned to the Division. What
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|maximum time is allowed for re-affiliation before he is inactivated?
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A. No time is allowed at all.
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, B. 10 days
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C. 15 days
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D. 30 days - CORRECT ANSWER✔✔-D. 30 days
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If the real estate Division believes a licensee could potentially harm the general
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public, and prior to a formal hearing be held, the Division could prevent the
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licensee from further real estate practice by issuing a(n):
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A. estoppel.
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B. injunction.
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C. disciplinary action.
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D. suit for performance. - CORRECT ANSWER✔✔-B. injunction.
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Can a licensee who specializes in new home sales take a vacant land listing on 40
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commercial acres? |
A.Yes, a license allows the agent to do any kind of real estate activity authorized
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by NRS 645.
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B. Yes, but only up to a parcel up to 40 acres in size.
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C. No, each area of real estate requires a different permit, certificate, or
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authorization from the Real Estate Division. | | | | |
D. No, only a broker can handle a piece of acreage that large. - CORRECT
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ANSWER✔✔-C. No, each area of real estate requires a different permit, | | | | | | | | | | |
certificate, or authorization from the Real Estate Division.
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With Correct Answers
Which form must be used in every real estate transaction involving a Nevada
| | | | | | | | | | | | |
licensee?
A. Duties Owed by a Nevada Real Estate Licensee
| | | | | | | |
B. Consent to Act
| | |
C. brokerage agreement
| |
D. CIC Resale Package Request - CORRECT ANSWER✔✔-A: Duties Owed by a
| | | | | | | | | | | |
Nevada Real Estate Licensee
| | |
Which of these would NOT likely disqualify Smith from receiving a license?
| | | | | | | | | | |
A. having been arrested for embezzlement
| | | | |
B. being delinquent in child support obligations
| | | | | |
C. having had her license suspended, but not revoked in Arizona 4 years ago
| | | | | | | | | | | | |
D. having pled guilty to engaging in the real estate business without a real estate
| | | | | | | | | | | | | | |
license - CORRECT ANSWER✔✔-A. having been arrested for embezzlement
| | | | | | | |
Jones has left ARM Realty and his license has been returned to the Division. What
| | | | | | | | | | | | | |
|maximum time is allowed for re-affiliation before he is inactivated?
| | | | | | | | |
A. No time is allowed at all.
| | | | | |
, B. 10 days
| |
C. 15 days
| |
D. 30 days - CORRECT ANSWER✔✔-D. 30 days
| | | | | | |
If the real estate Division believes a licensee could potentially harm the general
| | | | | | | | | | | | |
public, and prior to a formal hearing be held, the Division could prevent the
| | | | | | | | | | | | | |
licensee from further real estate practice by issuing a(n):
| | | | | | | |
A. estoppel.
|
B. injunction.
|
C. disciplinary action.
| |
D. suit for performance. - CORRECT ANSWER✔✔-B. injunction.
| | | | | | |
Can a licensee who specializes in new home sales take a vacant land listing on 40
| | | | | | | | | | | | | | | |
commercial acres? |
A.Yes, a license allows the agent to do any kind of real estate activity authorized
| | | | | | | | | | | | | | |
by NRS 645.
| |
B. Yes, but only up to a parcel up to 40 acres in size.
| | | | | | | | | | | | |
C. No, each area of real estate requires a different permit, certificate, or
| | | | | | | | | | | | |
authorization from the Real Estate Division. | | | | |
D. No, only a broker can handle a piece of acreage that large. - CORRECT
| | | | | | | | | | | | | | |
ANSWER✔✔-C. No, each area of real estate requires a different permit, | | | | | | | | | | |
certificate, or authorization from the Real Estate Division.
| | | | | | |
