Real Estate Principles Practice Question
Question
A license applicant is comparing two similar real estate concepts in a Nevada real estate transaction involving land use controls. Which response best applies the rule? (Item 210)
Answer choices
- A. The requirement matters only if the buyer uses lender financing.
- B. Distinguish zoning, subdivision regulation, building codes, and private restrictions.
- C. The salesperson may handle the matter independently without broker involvement when compensation is expected.
- D. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
Correct Answer
B. Distinguish zoning, subdivision regulation, building codes, and private restrictions.
Explanation
The correct answer is B because land use controls requires candidates to distinguish zoning, subdivision regulation, building codes, and private restrictions. 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: medium
- Domain: Real Estate Principles
- Objective: land use controls