Nevada real estate stuvia - Study guides, Class notes & Summaries

Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A) 1. Real estate is BEST defined as: a. land and the air above it b. land, the air above it and everything above and below the ground c. land...

1. How much time is given to pass the NV salesperson exam? - ANSWER-4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - ANSWER-24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing term 3. In order to obtain a NV real estate license you must have a HS diploma? - ANSWER-True - you must have a HS diploma or equivalent 4. How often must you renew your sales agent license? - A...

Nevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Correct Solutions100. 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 ...

1. How much time is given to pass the NV salesperson exam? - Answer 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - Answer 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing term 3. In order to obtain a NV real estate license you must have a HS diploma? - Answer True - you must have a HS diploma or equivalent 4. How often must you renew your sales agent license? - A...

Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers Nevada Real Estate: Practice State Exam Corrections Quizzes & Answers The following would likely disqualify Smith from receiving a license - ANSWER-Being delinquent in child support obligations, having had her license suspended, but not revoked in Arizona 4 years ago, having pled guilty ...

Nevada Real Estate Exam Prep (Mandated Disclosures) with Complete SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Complete SolutionsNevada Real Estate Exam Prep (Mandated Disclosures) with Complete Solutions 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 ...

Amortized Loans - ANSWER-Constant payment including principle and interest until paid off Conventional Loan - ANSWER-No government back; private Gross Lease - ANSWER-Fixed amount- Residential rental Net Lease - ANSWER-Fixed plus maintenance; Triple Net = tax & insurance also Percentage Lease - ANSWER-Fixed + % of profits ;; mall, retail spaces Ground Lease - ANSWER-Long term land lease-- 99+ yr lead;; to build Leaseback - ANSWER-Seller leases back after closing; model homes ...

Nevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% CorrectNevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% CorrectNevada Real Estate Exam Prep (National Property Ownership) Questions and Answers 100% Correct 1. Real estate is BEST defined as: a. land and the air above it b. land, the air above it and everything above and below the ground c. land, the buildings on it and anything permanently attached to the land and/or bu...

Nevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% CorrectNevada State Law Real Estate Exam Questions & Answers 100% Correct A Seller's Real Property Disclosure document is required for all of the following properties except a(n): For sale by owner, new home, resale residence, or home the ha...

an unrepresented buyer submits an offer directly to the listing agent the agent must - Answer Provide the buyer a Duties Owed by a Nevada licensee Only the seller can fill out - Answer The SRPD The maximum liability of ERRF for an individual person is - Answer 100,000 What is the maximum amount per judgement that can be paid out of the Errf - Answer 25,000 State law allows representation of multiple parties to a transaction, however what authorization is required before moving forwar...