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Nevada Real Estate Exam Prep (Mandated Disclosures) Questions and Answers 100% Pass

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Nevada Real Estate Exam Prep (Mandated Disclosures) Questions and Answers 100% Pass 100. A broker must NOT disclose to prospective buyer: a. about structural defects b. that zoning makes the present usage non-conforming c. that he has seen evidence of termites d. that the owner will accept less than the listing price - Answer- 100. D When the broker represents the owner of the property objectives of the seller should not be disclosed. 101. A real estate salesperson advised a prospective...

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Nevada law real estate Exam Questions and Answers 100% pass

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Nevada law real estate Exam Questions and Answers 100% pass How many branch offices may a broker have? - Answer- As many as they want A branch manager must be : - Answer- Broker/salesperson with two of the previous four years experience The minimum balance of the ERRF fund is : - Answer- $300,000 The Nevada Real Estate Commission is appointed by : - Answer- The Governor of the state of Nevada Nevada Real Estate license fees are deposited in : - Answer- The Nevada State General Fund If ...

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Nevada Real Estate Exam 1 Questions and Answers 100% Pass

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Nevada Real Estate Exam 1 Questions and Answers 100% Pass A legal description using markers or monuments and ending at the same point as it began is: - Answer- Metes and Bounds description property obtained during the course of the marriage - Answer- Community Property Property owned by all owners of a condominium and available for use by them is - Answer- Common Area

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Real Estate Exam Questions and Answers 100% Correct

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Real Estate Exam Questions and Answers 100% Correct Which of the following are required of deeds to be enforceable - Answer- Grantors signature Personal property could be - Answer- Emblements Real property is - Answer- Transferred by a deed What is it called when the government gives a parcel of real property back to a private citizen - Answer- Vacation A chain of title - Answer- Lists all the grantors and grantees since the beginning A grantor is - Answer- Person transferring real prope...

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NV STATE TEST 100% SOLVED 2024

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NV STATE TEST 100% SOLVED 2024 Identify the broker on the sign and may identify the salesperson - Answer- A salesperson who wishes to place his or her own "For Sale" sign on a listed property must Must disclose the fact that he or she is a real estate licensee - Answer- A real estate salesperson decides to sell his or her own property without using a broker. When advertising the property, the salesperson Negotiable between the client and broker - Answer- In Nevada, real estate commissio...

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Nevada Real Estate chap 3 Exam Questions and Answers 100% Pass

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Nevada Real Estate chap 3 Exam Questions and Answers 100% Pass When a recovery payment is made from the Fund, the maximum payment allowed per judgment is: - Answer- $25,000 An owner-developer is a licensed building contractor who owns a minimum of how many lots within a recorded subdivision (on the each of which there is a previously unsold, single-family home)? - Answer- 5 The Commission will not approve more than how many full hours of credit per day for a CE course if a final exam is ...

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Nevada State Final Exam Questions and Answers 100% Pass

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Nevada State Final Exam Questions and Answers 100% Pass Broker Wilkins recently closed her office and went to work for the Division as the Deputy Administrator. What limitation is placed on Wilkins? - Answer- She may not be actively licensed. Agent Becker of 20/20 Realty listed and sold the Franklin home in 2004. In 2015, Becker has a listing on which Franklin wants to make an offer. Franklins agent, affiliated with gold realty, writes the offer and presents it through Becker, Becker Shou...

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Real Estate State Portion Exam Questions and Answers 100% Pass

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Real Estate State Portion Exam Questions and Answers 100% Pass A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: - Answer- the Administrator will initiate an investigation of the complaint. The Nevada Real Estate Commission: - Answer- must allow attorneys to represent persons at hearings. All of the following are grounds for license revocation EXCEPT: - Answer- being ...

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Key Realty Exam Questions + Answers 100% Solved

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Key Realty Exam Questions + Answers 100% Solved What is the smallest saleable portion of a Nevada subdivision called: - Answer- Unit Which of the following are required of deeds to be enforceable: - Answer- must have the grantors signature Personal property could be: - Answer- emblements: aka crops Real property is: - Answer- transferred by deed What is it called when the government gives a parcel of real property back to a private citizen: - Answer- Cloud? A chain of title: - Answer- Li...

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Real Estate Nevada State final Exam Questions and Answers 100% Pass

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Real Estate Nevada State final Exam Questions and Answers 100% Pass Which form must be used in every real estate transaction involving a Nevada licensee? - Answer- Duties Owed by a Nevada Real Estate Licensee Which of these would NOT likely disqualify Smith from receiving a license? - Answer- 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? - Answer- ...

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