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

Nevada Real Estate State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada Real Estate State Exam Questions & Answers 100% CorrectNevada BROKER salesperson/BROKER education - ANSWER-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One ...

Nevada Real Estate Exam Questions & Answers 100% Answered Nevada Real Estate Exam Questions & Answers 100% Answered Nevada Real Estate Exam Questions & Answers 100% Answered Nevada Real Estate Exam Questions & Answers 100% Answered Nevada Real Estate Exam Questions & Answers 100% Answered 1. What is the minimum balance of the real estate education, research, and recovery fund? A) $300,000. B) $100,000. C) $250,000. D) $500,000. - ANSWER-a 2. How long after the signing of a contract for ...

Land - CORRECT ANSWER-Surface, all natural things attached to it, subsurface, and air above the surface. Real Estate - CORRECT ANSWER-land plus manmade permanent attatchments Real property - CORRECT ANSWER-Real estate plus "bundle of legal rights" Bundle of Rights - CORRECT ANSWER-PUTEE (possess, use, transfer, exclude, encumber) Physical characteristics of real estate - CORRECT ANSWER-immobility, indestructibility, heterogeneity Immobility - CORRECT ANSWER-Land cannot be mo...

1. How much time is given to pass the NV salesperson exam? - CORRECT ANSWER-4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - CORRECT 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? - CORRECT ANSWER-True - you must have a HS diploma or equivalent 4. How often must you renew your ...

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

Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada Real Estate State Exam Questions and Answers 100% Correct Nevada BROKER salesperson/BROKER education - ANSWER-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Cent...

Nevada National Real Estate Exam 2024 with Correct Questions & Answers Nevada National Real Estate Exam 2024 with Correct Questions & Answers Nevada National Real Estate Exam 2024 with Correct Questions & Answers Nevada National Real Estate Exam 2024 with Correct Questions & Answers 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 rent...

Nevada Real Estate Exam Prep Questions & Answers (Graded A)Nevada Real Estate Exam Prep Questions & Answers (Graded A)Nevada Real Estate Exam Prep Questions & Answers (Graded A)Nevada Real Estate Exam Prep Questions & Answers (Graded A)Nevada Real Estate Exam Prep Questions & Answers (Graded A) A real estate broker is: A. Liable for the conduct of associated licensees B. Only liable for the contact of an associated licensee if the broker knows about the licensees conduct C. Not liable...

1. What is the minimum balance of the real estate education, research, and recovery fund? A) $300,000. B) $100,000. C) $250,000. D) $500,000. - ANSWER-a 2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel the transaction? A) 24 hours B) within five calendar days C) five business days D) or one week - ANSWER-b 3. In NV, who is responsible prior to closing for calculating the pro-rations between the buyer and seller, o...

Nevada National Real Estate Exam 2023-2024 with Complete SolutionsNevada National Real Estate Exam 2023-2024 with Complete SolutionsNevada National Real Estate Exam 2023-2024 with Complete SolutionsNevada National Real Estate Exam 2023-2024 with Complete SolutionsAmortized 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 plu...