Pre-license must include Nevada law hours
Before you read
Test yourself first: 5 questions
Question 1 of 5
Among the statutory duties a Nevada licensee owes to all parties in a transaction is the duty to:
Answer: B. The 'Duties Owed' framework requires Nevada licensees to act with reasonable skill and care and to disclose known material facts affecting the property to the parties.
Question 2 of 5
A Nevada listing agent learns of a material defect (a recurring foundation crack) that the seller has not noted on the disclosure form. The agent's obligation is to:
Answer: B. Nevada has moved well beyond pure caveat emptor for residential sales. A licensee owes a duty to disclose material facts about the property's condition that the licensee knows, even if the seller omitted them. The agent must disclose the known foundation defect rather than conceal it behind 'buyer beware.'
Question 3 of 5
The 'Duties Owed by a Nevada Real Estate Licensee' form primarily informs the parties about:
Answer: B. The 'Duties Owed' disclosure describes the duties a Nevada licensee must perform, both the duties owed to ALL parties (honesty, disclosure of material facts, exercising reasonable skill and care) and the additional duties owed to the licensee's own client. It is not about commissions, financing, or taxes.
Question 4 of 5
When a Nevada licensee represents only the seller but is showing the property to an unrepresented buyer, the licensee must still:
Answer: B. Even toward a customer (an unrepresented party), a Nevada licensee owes duties of honesty and disclosure of known material facts and reasonable skill and care. The licensee does not advocate for the customer's price position or owe that customer client-level loyalty, but cannot lie or conceal material defects.
Question 5 of 5
Nevada requires licensees to provide a specific agency disclosure form at the start of a relationship that explains the licensee's statutory obligations to the client. This form is titled:
Answer: B. The 'Duties Owed by a Nevada Real Estate Licensee' form is the Nevada-mandated disclosure that informs the client of the statutory duties the licensee owes, such as exercising reasonable skill and care, disclosing material facts, and accounting for funds. The other titles are not Nevada forms.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Regulator: Nevada Real Estate Division (NRED)
- Pre-license must include Nevada law hours
- Community property state
- 'Duties Owed by a Nevada Real Estate Licensee' form
- Seller's Real Property Disclosure (NRS 113)
- Salesperson works under a licensed NV broker
Nevada (NRED) — Key Facts: FAQs
Is Nevada (NRED) — Key Facts on the real estate exam?
Yes. State License Law is a scored domain on the Nevada real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Nevada test this differently?
Nevada applies its own license law on top of the national portion. This page covers the Nevada rules specifically, which is what the state section of your exam tests.
