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Question 1 of 25

1. Question

Was the site of a murder
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Has a roof leak
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Had a mold remediation
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Has had settling and unstable grounds
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Question 2 of 25

2. Question

Fiduciary duty
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Duty of inquiry
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Agency
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Material fact
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Question 3 of 25

3. Question

Until escrow has closed
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Up to one year after termination of the agency
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Up to five years after termination of the agency
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Forever
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Question 4 of 25

4. Question

Within 24 hours of acceptance of the offer
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Within the due diligence period
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At closing
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At least 10 days before conveyance to the purchaser
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Question 5 of 25

5. Question

SRPD
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Consent to Act
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Duties Owed
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None of the above pertain to an agency relationship
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Question 6 of 25

6. Question

Patent defect
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Latent defect
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Material fact
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Encroachment
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Question 7 of 25

7. Question

Must not be false or misleading
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Must provide a true and accurate picture of what is being sold
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Must be done under the supervision of the broker
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All of these
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Question 8 of 25

8. Question

Monopolies
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Earnest money deposits
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Boycotting
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Price fixing
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Question 9 of 25

9. Question

Department of Commerce
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Internal Revenue Service
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Real Estate Settlement and Procedures Act
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Federal Trade Commission
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Question 10 of 25

10. Question

Each broker is required to have assign in a conspicuous place identifying the brokerage and the broker's place of business.
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The broker must display a sign which must be readable from the nearest public sidewalk, street or highway
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Every Nevada real estate broker must employ at least one Nevada-licensed salesperson
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If a broker is advertising under the name of a franchise, the broker must incorporate in a conspicuous way the real name under which the brokerage is licensed
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Question 11 of 25

11. Question

The team must have two of more members
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Team members must be employed by the same broker
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The team name must incorporate the last name of one of the team members
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All of these
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Question 12 of 25

12. Question

Scrub
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FTC
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Cold call
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Email
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Question 13 of 25

13. Question

Sexual orientation
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Familial status
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Race
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Question 14 of 25

14. Question

Down payment
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Purchase price
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Monthly payment
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Interest rate
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Question 15 of 25

15. Question

$500
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$1,000
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$5,000
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$10,000
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Question 16 of 25

16. Question

Illegal
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Permissible
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Legal if that fact is communicated to the owner before acceptance of the offer
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None of these
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Question 17 of 25

17. Question

May not receive a commission from both the buyer and the seller in the same transaction
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May receive a commission from both the buyer and the seller in the same transaction as long as the commissions are disclosed to both parties
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May only receive commissions from both parties if he acts as a dual agent.
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Cannot accept the 1% commission from the buyer since he is receiving the 3% commission from the seller.
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Question 18 of 25

18. Question

No
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No, because she is simply trying to generate new business in the area and as long as her ad is legitimate, she has not violated any laws.
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Yes, because she is advertising a property for sale without the owner's consent
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Yes, because she must first place the listing in the MLS before she can advertise the property.
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Question 19 of 25

19. Question

The licensee cannot modify the purchase price on the contract that he forwards to the lender
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The licensee cannot tell the appraiser that he agreed upon price was $235,000 when in fact, it was $210,000
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The licensee cannot represent to the lender that the loan amount required is more than the actual amount.
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All of these.
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Question 20 of 25

20. Question

Makes a misrepresentation in the sale of insurance for home protection.
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Misrepresents the provisions of the contract of insurance for home protection
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Misappropriates any fees or premiums collected for the insurance for home protection
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All of these
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Question 21 of 25

21. Question

Written notice as long as it is before five calendar days of closing
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Written notice within 24 hours following the execution of the contract
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Following the terms of the cancellation clause of the purchase agreement
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Written notice before midnight of the fifth calendar day following the date of execution of the contract
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Question 22 of 25

22. Question

It is properly reported to the Division and each location is designated in the license
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If written agreements are provided to each project broker
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If the sales agent provides written disclosures of multiple relationships to each project broker within 10 calendar days
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A timeshare sales agent may only work for one project broker at a time
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Question 23 of 25

23. Question

Complete not less than 90 hours of academic instruction in subjects related to appraisals taught in courses approved by the Commission
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Have at least 2 years of experience working full-time as an appraiser or intern
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Furnish proof of A and B in the application to the Commission
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Complete a 90-hour apprenticeship under a general appraiser
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Question 24 of 25

24. Question

Revoke or suspend the appraiser's or intern's certificate, license or registration card
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Deny the renewal of his or her certificate, license or registration card
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Impose a find of not more than $10,000 for each violation
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Sue the appraiser or intern on behalf of the injured party regardless of the injured party's involvement
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Question 25 of 25

25. Question

His or her employer holds a policy of insurance that is in compliance with the statute
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Holds a certification or accreditation from an organization approved by the Administrator
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Has successfully completed not less than 40 hours of training and practice in approved areas
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Has an active real estate salesperson license
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NV – Pre Licensing- Nevada State Law 3: Quiz – Deprecated

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Before you go, here's 25% off your entire order!