Mortgage
ROG/ROC Trivia
Title and Escrow
MLS/Brokerage
Compliance
100

FHA Loan limit in Clark County.

What is $356,362?

100

The Name of the Realty ONE Group Open House App.

What is Spacio?

100

This form is a statement of final loan terms and closing costs.

What is a Closing Disclosure

100
Form used to negotiate the coop commission offered by the listing Broker.
The Change in Cooperative Compensation Agreement
100

Time Frame to upload transactions and executed documents into skyslope

What is 72 hours

200

The maximum loan to value on a conventional loan.

What is 97%

200

Number of ROG Offices.

What is 46

200

Escrow issues this to both parties when one party cancels escrow.

What is Joint Cancellation Instructions

200
5 buyer contingencies in the Residential purchase agreement
What is Financing, Appraisal, Due Diligence, Sale of Another Property, CIC Docs, Preliminary Title, Walk Through
200

Administrative fine for engaging in property management without a permit

What is an amount not to exceed the amount of any gain or economic benefit that the person derived from the violation or $5,000, whichever amount is greater. NRS 645.235.

300

New Fannie Mae conforming Loan Limit.

What is $548,250

300

Underwrites Roc Title’s Title policies

Who is First American Title

300
A search for recorded item against a property is known as
What is preliminary title report
300

Type of listing when then seller lists their property with a REALTOR but does not want their property listed on the MLS.

What is An Office Exclusive Listing.

300
A Realty ONE Group agent can be the buyers authorized representative on the Walk Through if the buyer does not have anyone else, T or F
What is False
400

Funds need to be seasoned in an account for.

What is 90 days?

400

Names of 2 of the 4 Roc Title Escrow Officers

Who is Lauren Ramos, Kathleen LeMarche, Desiree Holmes and Debbie Miller

400

Covers Mechanic Liens, HOA Liens, Post-Policy Encroachments, Post-Policy Forgery and Live Trust

What is Homeowners Title Insurance

400

Name the 4 exemptions of the "Sellers Real Property Disclosure"

What is 1st sale of residence by licensed contractor, Related within third degree of consanguinity, Foreclosure, Temporary Possession of Title to facilitate the sale on behalf of a person that relocates to another county, state or country?

400
Under Nevada Law the only statutory duty a licensee can have waived by client.
What is "Duty to present all offers made to or by the client as soon as practicable."
500

What a self-employed borrowers income is verified with.

What is two years tax returns?

500

The Name of the “Town Hall” ZOOM calls Kuba started when COVID hit.

What is Waking Up To Win?

500
Gives final file approval for recordings
What is the Title Officer
500

Days to submit a photo to MLS, Days to correct violation, fine for failure to comply.

What is 7 business days, 2 business days, $250

500

Periods for maintenance of certain records by broker and for provision of certain paperwork to broker. 

1.  A broker shall keep complete real estate transaction and property management records for at least 5 years after the date of the closing. 2. A salesperson or broker-salesperson must provide any paperwork to the broker with whom he or she is associated within 5 calendar days after that paperwork is executed by all the parties. 

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