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1.  All of the following disciplinary actions can cause a licensee to be brought in front of the real estate commission for a hearing EXCEPT?

 a. Accepting something other than cash as earnest money when that fact is communicated to the owner before his acceptance of the offer to purchase and that fact is shown in the receipt for the earnest money.
 b. Paying a commission, compensation or a finder’s fee to any person for performing the services of a broker, broker-salesman or salesman who has not secured his license.
 c. Failing to deliver within a reasonable time a completed copy of any purchase agreement or offer to buy or sell real estate to the purchaser or to the seller.
d. Not maintaining, for review and audit by the division, each brokerage agreement that is entered into by the licensee.

Links to answer:  NRS 645.324, NRS 645.630, NRS 645.633, NRS 645.635, NRS 645.645

2.  All of the following are forms that are required to be used in real estate transactions where the agent is representing both the buyer and seller in the transaction in Nevada EXCEPT?

 a. Duties Owed Form
 b. Consent to Act Form
 c. Seller's Real Property Disclosure Form
d. Nevada Dual Agency Form    

Links to answer:  NRS 645.193,  NRS 113.110  - NRS 113.150, Commonly Used Forms

3.  All of the following are duties that all licensees owe their clients in all real estate transactions EXCEPT.

 a. Disclosing to each party to the real estate transaction as soon as is practicable amounts from which Licensee will receive compensation as a result of the transaction.
 b. Disclosing to each party to the real estate transaction as soon as is practicable each source from which Licensee will receive compensation as a result of the transaction.
 c. Disclosing to each party to the real estate transaction as soon as is practicable any changes in Licensee's relationship to a party to the real estate transaction.
d. Disclosing to each party to the real estate transaction as soon as is practicable that Licensee is a principal to the transaction or has an interest in a principal to the transaction.

Links to answer:  NRS 645.252,   Commonly Used Forms: Duties Owed Form

4.  Other than a license, what else must a property manager obtain from the Nevada Real Estate Division?

 a. A Certificate.
 b. A License.
 c. A Permit.
d. A Certificate and a Permit.   

Links to answer:  NRS 645.6052 

5.  What course must ALL students take in Nevada, even if they have taken a 90-hour course in another state?

 a. 45-hour Principles and Practices
 b. 45-hour Real Estate Law
 c. 18-hour Nevada Law
d. 64-hour Principles and Practices

Links to answer:  NRS 645.343 (4) 

6.  All of the following are duties of a real estate broker in Nevada from the Duties Owed Form EXCEPT?

 a. The licensee shall exercise reasonable skill and care with respect to all parties to the real estate transaction.
 b. The licensee shall exercise reasonable skill and care with respect to only his/her client to the real estate transaction.
 c. The licensee shall provide to each party to the real estate transaction the appropriate form prepared by the division pursuant to NRS 645.193.
 d. The licensee shall disclose any changes in his relationship to a party to the transaction.   

Links to answer:  NRS 645.252,   Commonly Used Forms: Duties Owed Form

7.  All of the following are types of licenses are available for real estate agents in Nevada EXCEPT?

 a. Affiliated Broker
 b. Broker
 c. Salesperson
d. Broker/Salesperson

Links to answer:  NRS 645.030,  NRS 645.035, NRS 645.040

8.  How much continuing education is required for a Broker's 1st renewal?

 a. 45-hours including 12-hours law & ethics.
 b. 30-hours including 6-hours law & ethics.
 c. 6-hours.
d. 15-hours including 6-hours law & ethics.

Links to answer: NRS 645.575

9.  How much continuing education is required for a Broker's subsequent renewals?

 a. 45-hours including 12-hours law & ethics.
 b. 30-hours including 6-hours law & ethics.
 c. 6-hours.
d. 15-hours including 6-hours law & ethics.    

Links to answer: NRS 645.575

10.  How much continuing education is required for a salesperson's 1st renewal?

 a. 45-hours including 12-hours law & ethics.
 b. 30-hours including 6-hours law & ethics.
 c. 6-hours.
d. 15-hours including 6-hours law & ethics.   

Links to answer:  NRS 645.575

11.  How much continuing education is required for a salesperson's subsequent renewals?

 a. 45-hours including 12-hours law & ethics.
 b. 30-hours including 6-hours law & ethics.
 c. 6-hours.
d. 15-hours including 6-hours law & ethics.    

Links to answer: NRS 645.575

12.  What would probably not prevent a candidate from obtaining a real estate license in Nevada?

 a. Having been accused of a felony.
 b. Having been convicted of a felony.
 c. Having past due child support payments.
d. Having a real estate license revoked in a state other than Nevada.    

Links to answer:  NRS 645.330

13.  Who represents the client in a real estate deal in Nevada?

 a. The broker in a salesperson's office.
 b. The salesperson handling the deal.
 c. The salesperson's assistant.
d. The Nevada Real Estate Division.   

Links to answer:  NRS 645.252   Commonly Used Forms: Duties Owed Form