Nrs 645 - Study guides, Class notes & Summaries

90-Hour Nevada Pre-License Course Already Passed Nevada Real Estate Division is responsible for administering to the provisions of Nevada laws governing real estate as set out in NRS Chapter 645. Nevada Real Estate Commission is responsible for regulating the practice of real estate in Nevada by adopting regulations to help enforce NRS 645. The Administrator: - Is the CEO of the Division. - Is a full-time employee of the State of Nevada. - Heads the Real Estate Division. - The Ad...

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

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...

Nevada Exam Questions with 100% Correct Answers 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...

Nevada Exam Questions with 100% Correct Answers 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...

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...

Timeshare Test 1 Questions with Complete Solutions 2024/2025 The sale of timeshare interests in the State of Nevada is regulated under the provisions of... - Correct Answer NRS 119 A The Law that regulates real estate in Nevada is? - Correct Answer NRS 645 Who supervises the Administrator of the Real Estate Division? - Correct Answer The Director of the Department of Buisness Who appoints the Director of the Department of Business and Industry? - Correct Answer The Governor Who sele...

The sale of timeshare interests in the State of Nevada is regulated under the provisions of: NRS 119a The law that regulates real estate in Nevada is: NRS 645 Who appoints the Administrator of the Real Estate Division? The Director of the Department of Business and Industry Who appoints the Director of the Department of Business and Industry? Governor Who selects and appoints the Project Broker? Developer If a timeshare agent initially becomes licensed on June 6, 2000, when will t...

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...

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? Duties Owed by a Nevada Real Estate Licensee Which of these would NOT likely disqualify Smith from receiving a license? 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? 30 days If the real e...