Free Nevada Salesperson Examination — State Portion Practice Questions
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Sample Practice Questions
Try these 10 sample questions from the Nevada Salesperson Examination — State Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.
1During a Nevada Real Estate Division investigation, a salesperson intentionally withholds transaction records requested by the investigator. Which consequence is authorized?
- A. The Commission may discipline the salesperson for impeding the investigation
- B. The Division may only issue a document request
- C. The Commission may only impose a fine after license renewal
- D. The matter must first be transferred to a district court
Answer: A
Explanation: NRS 645.313(3)(a) authorizes Commission action against a licensee who "knowingly impedes or interferes with any investigation or audit conducted by the Division." Intentionally withholding requested records therefore supports discipline.
Reference: NRS: CHAPTER 645 - REAL ESTATE BROKERS AND SALESPERSONS — NRS 645.313
2A Nevada salesperson wants to manage rental property for compensation. What additional credential is generally required?
- A. A property-management permit associated with the real estate license
- B. A business-broker permit associated with the real estate license
- C. A cooperative certificate for an out-of-state broker
- D. A timeshare-agent license issued under the timeshare chapter
3Under Nevada law, what creates an agency relationship in a real estate transaction?
- A. A brokerage agreement engaging an agent to act for a principal
- B. A buyer attending an open house
- C. A lender issuing a prequalification letter
- D. An escrow holder accepting a deposit
4A Nevada licensee will receive compensation from both a brokerage and a referral source. What must be disclosed?
- A. Only the larger payment
- B. Each source of compensation
- C. Only payments made after closing
- D. No source if the total is fixed
5A Nevada agent acquires an ownership interest in the buyer entity during escrow. What agency disclosure is required?
- A. Disclose the interest to each party as soon as practicable
- B. Disclose only after conveyance
- C. Disclose only to the title insurer
- D. No disclosure is required below a controlling interest
6A buyer is represented under an exclusive brokerage agreement. When may another Nevada licensee negotiate directly with that buyer before closing?
- A. After obtaining written permission from the buyer’s broker
- B. Whenever the buyer initiates contact
- C. After giving the broker oral notice
- D. Only after the buyer deposits earnest money
7After all parties execute transaction paperwork, when must a Nevada salesperson provide it to the associated broker?
- A. Within 1 business day
- B. Within 3 calendar days
- C. Within 5 calendar days
- D. Within 10 business days
8A Nevada real estate salesperson participates in a timeshare sale. Must the salesperson also obtain Nevada’s separate timeshare sales-agent license?
- A. Yes, in every case
- B. No, a Nevada real estate salesperson is exempt from that separate license
- C. Yes, unless supervised by escrow
- D. No, but only for resales
9A disciplinary complaint has been filed against a Nevada salesperson. What minimum written notice of the hearing must the Division ordinarily give?
10A Nevada salesperson seeks the age-and-tenure exemption from continuing education. Which combination qualifies for application?
- A. Age 60 with 20 years in good standing
- B. Age 65 with 25 years in good standing
- C. Age 65 with 30 years in good standing
- D. Age 70 with 10 years in good standing
Topics in this practice bank
These topics describe the available practice for Nevada Salesperson Examination — State Portion. Review the examination outline and its sources for scope and allocation details.
I. Duties and Powers of the Commission
- A. Determining Misconduct
- A.1. Investigations
- A.2. Hearings and Appeals
- B. Enforcement and Disciplinary Action
- B.1. Sanctions and Fines
- B.2. Additional Education
- B.3. License Suspension
- B.4. Revocation
- C. Real Estate Education, Research, & Recovery Fund
II. Licensing Requirements
- A. Types of Licensing and Permits and Requirements
- B. License Maintenance
- B.1. License Renewal
- B.2. Changes in License Status
- B.3. Reasons for Denial of a License or Renewal
- C. Required Timely Notifications to the Division
- C.1. Conviction or entry of a guilty/nolo contendere plea
- C.2. Broker association
- C.3. Changes in personal information
III. Agency and Duties Owed
- A. Agency
- B. Duties Owed by a Nevada Licensee
- B.1. Consent to Act
- B.2. Confirmation of Agency Relationship
- C. Waiver and Authorization to Negotiate Directly with the Seller
IV. License Practice
- A. Licensee Responsibilities
- B. Activities Requiring a License or Permit
- C. Broker Supervision of Licensees
- D. Commissions and other Compensation
- E. Advertising, electronic and print
- F. Rules for Broker Price Opinions
- G. Handling of Monies
V. Disclosures
- A. Residential Disclosure Guide
- B. Seller’s Real Property Disclosure
- C. Disclosure of Common-Interest Communities
- D. Disclosure of licensee as principal
- E. Environmental and Other disclosures
VI. Contracts
- A. Brokerage Agreements, including listing and buyer representation
- B. Preparation and Handling of Documents
- C. Settlement Statements
- D. Advance Fees
- E. Handling of Earnest Money Deposits
- F. Timelines
VII. Record Keeping
- A. Maintenance of Records
- A.1. Timely submission of records to broker
- A.2. Required retention
- A.3. Protection of confidential information
VIII. Special Topics
- B. Timeshares
- C. Water Rights
- D. Solar
- E. Smart Homes
How to use these free practice questions
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These are independent study questions, not actual examination items. For examination requirements and official information, view Nevada Salesperson Examination — State Portion details.