NEVADA REAL ESTATE LAW
Nevada law requires this disclosure form for most residential sales
What is the Seller’s Real Property Disclosure (SRPD)?
A deposit of buyers money to show intent is called this
What is Earnest Money?
What is the best indicator of a home’s market value?
What are recent comparable sales?
What is dual agency?
What is representing both buyer and seller?
The office alarm code is this
What is 7777
In Nevada, this period allows buyers to cancel for HOA documents
What is the 5-day HOA resale package review period?
This professional determines a home’s value for lending purposes
Who is the appraiser?
A comp with a pool vs. subject without requires this
What is a downward adjustment?
What duty requires an agent to put the client’s interests first?
What is fiduciary duty?
Which email address do you send documents for broker signature? (BBRA, Listing Agreements, Withdrawals, etc)
What is ggre@galindogroupre.com?
This Nevada law governs seller disclosures and buyer cancellation rights
What is Nevada Revised Statutes (NRS) 113?
What is the purpose of a title search?
What is to verify clean and clear title
This radius is commonly used when pulling strong comparable sales in Vegas neighborhoods
What is within 1 mile?
This type of agency occurs when actions create representation without a written agreement
What is Implied Agency?
This is the year GGRE was founded
What is 2015?
In Nevada, this must be disclosed even if it was repaired
What is a known material defect?
What document transfers ownership of real property
What is a deed
What does DOM stand for?
What is Days on Market?
Agents must disclose if they have this in a transaction
What is personal interest / ownership?
This person will be able to answer any office related questions ie: printer, wifi, commission checks
Who is the Office Admin aka Claudia?
Nevada requires brokers to keep transaction records for at least this long
What is 5 years?
What does MLS stand for?
What is Multiple Listing Service?
What is absorption rate?
What is the rate at which homes are selling in a market?
Telling buyers “you don’t want that neighborhood” is this violation
What is steering?
Where can brokerage documents be found easily?
Where is the announcements chat in telegram?