Nevada Real Estate Law NRS 645 EXAM
QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025) Additional meetings of the commission may be held at the call of the president when there is sufficient business to come before the commission. Written notice of time, place, and purpose of all meetings must be given to each member at least - Correct Answers ✅3 working days before the meeting The commission may by regulation delegate any authority conferred upon it to the - Correct Answers ✅Administrator The provisions of the real estate license laws do NOT apply to
- Correct Answers ✅An executor of an estate
When a real estate salesman terminates his employment with the real estate broker by whom he was employed, such broker is required by NRS 645 to - Correct Answers ✅within 10 days deliver or mail to the Division the license of such salesman, a written statement of the circumstances surrounding such termination, and mail notice to such salesman of these acts When broker Sweet Sue complete a real estate transaction, she must retain all records regarding the transaction for - Correct Answers ✅5 years 1 / 2
Nevada Real Estate Law NRS 645 EXAM
QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025) All of the following records of a broker would be subject to inspection and audit by the real estate division EXCEPT - Correct Answers ✅Payroll records for the office secretary (the brokers trust fund records, the availability of current statutes and regulations at the place of business, and samples of the brokers methods of advertising ALL can be) The Commission consists of - Correct Answers ✅5 members A licensee's license can be suspended or revoked for - Correct Answers ✅1. Acting in the dual capacity of agent and undisclosed principal in any transaction
- Failure to submit all written bona fide offers to a seller the
- Acting for more than one party in a transaction without the
- / 2
the offers are received before the seller accepts an offer in writing and until the broker has knowledge of that acceptance
knowledge of all parties for whom he acts What is true about a broker who is licensed in Nevada and another state? - Correct Answers ✅Shall nevertheless maintain and operate a Nevada office How many days does a broker have to correct any deficiency involving advertising, business locations, office operation or a brokers sign? - Correct Answers ✅10 days