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Q 1/10
Score 0
Who may receive compensation from the real estate education, research, and recovery fund?
30
Broker who does not receive an earned commission.
Cooperating broker who does not receive a commission split.
Buyer who pays a fee to a broker under a buyer agency agreement.
Seller who pays a commission to a broker under false pretenses.
Q 2/10
Score 0
Who is responsible for investigating transaction files and trust records of brokers and owner-developers?
30
The Nevada Real Estate Commission.
The administrator and the Nevada Real Estate Division.
The attorney general.
The Secretary of State.
10 questions
Q.
Who may receive compensation from the real estate education, research, and recovery fund?
1
30 sec
Q.
Who is responsible for investigating transaction files and trust records of brokers and owner-developers?
2
30 sec
Q.
To "assign" a contract for the sale of real estate means to:
3
30 sec
Q.
Under a lease, the leasehold interest lies in the:
4
30 sec
Q.
When someone is applying for a salesperson real estate license, which of the following employers are they allowed to work for?
5
30 sec
Q.
Duncan, a licensed broker, procures a ready, willing and able buyer for his seller-principal. The seller accepts the buyer's offer in writing then experiences a change of heart and withdraws the acceptance. In such a situation, Duncan:
6
30 sec
Q.
Under the terms of a sales contract, a seller is required to provide a termite certificate. The seller requests that the salesperson order one. The salesperson does so, knowing he will receive a referral fee from the pest control company. Is this a violation of the license law?
7
30 sec
Q.
In the state of Nevada, which of the following options is not grounds for revoking a broker's license?
8
30 sec
Q.
Tim wants to sell his own house. Which of the following statements is true?
