Practice and Disclosures Practice Question
Question
An agent notices a possible issue before a contract is signed in a Nevada real estate transaction involving environmental hazards. What should the licensee understand? (Item 17)
Answer choices
- A. Identify concerns such as contamination, mold, asbestos, radon, and natural hazards.
- B. The client’s preference eliminates the need to disclose known material facts.
- C. The party who complains first automatically receives the legal remedy requested.
- D. Escrow automatically assumes all brokerage disclosure and agency duties.
Correct Answer
A. Identify concerns such as contamination, mold, asbestos, radon, and natural hazards.
Explanation
The correct answer is A because environmental hazards requires candidates to identify concerns such as contamination, mold, asbestos, radon, and natural hazards. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Nevada exam practice.
Question details
- Difficulty: easy
- Domain: Practice and Disclosures
- Objective: environmental hazards