
Nevada Quiz: 3/6/24
Quiz by Ashlei Frank
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
The deposit of earnest money received by the licensee must be placed in the custody of who?
An agent is responsible for carrying out duties according to the instructions of the seller.
A sales agent that is associated with a project broker must follow all of which requirements?
An agent has a duty to provide any appropriate forms prepared by the Division to which party (parties) of the transaction?
The duties of a licensee acting as an agent in a real estate transaction include:
On the disclosure of the agent acting for more than one party to the transaction, the written consent must include a statement that a party to the transaction may be required to consent to the licensee acting on his behalf.
A broker who holds an exclusive listing is allowed to do which of the following?
The client of the licensee has made a misrepresentation regarding the property. The licensee is liable for the representation if the licensee knew about the misrepresentation and failed to inform the person that the statement was false.
The real estate broker has established a trust account with a bank and has the name of a real estate salesperson as a signer on the account. Is this statement true?
The real estate salesperson may only be a co-signer on an account with the real estate broker.
If you are a licensed salesperson on an inactive status and are purchasing a property for yourself. Must you disclose that you are a licensed salesperson?
The complete transfer of a tenant's remaining rental rights to a third party is known as
A private club renting to its members would be considered exempt under the Civil Rights Act of 1866.
A type of lease commonly used for long-term business tenants and intended to allow affordable rents for the less-profitable early years of a new business is called a
The partial transfer of a tenant's remaining rental rights in a property to a third party is called
What's another word for agent?
What does CIC stand for?