Nevada Agency
Practice Questions & Answers (2026)
Agency law is one of the most tested subjects on the Nevada real estate exam, and it's also one of the most misunderstood. The Nevada Real Estate Division expects licensees to understand the legal duties owed to clients vs. customers, and the specific timing of required disclosures under Nevada law. As a community property state, Nevada also tests how agency relationships are affected when spouses are both parties to a transaction. Study these questions carefully — candidates who rely on national agency frameworks and don't account for NV-specific rules are among the most common failures on the state portion.
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Nevada Agency — Practice Questions & Answers
129 questions on Agency from the Nevada real estate question bank. First 10 are free — sign up to unlock all 129.
Q1. In Nevada, the required agency disclosure must be provided to a prospective buyer or seller:
Explanation
Nevada requires the agency disclosure form to be provided before substantive discussions about a specific property so that consumers understand the licensee's role and obligations.
Q2. Nevada law permits dual agency only when:
Explanation
Dual agency is permitted in Nevada only with the written informed consent of both the buyer and seller, who must understand that the agent cannot fully advocate for either party.
Q3. A Nevada listing agent discovers during a showing that the roof has a significant hidden leak. The agent must:
Explanation
Nevada law requires disclosure of known material defects to buyers regardless of which party the agent represents. This duty to disclose material facts cannot be waived by the seller.
Q4. A Nevada licensee who acts as a property manager for a landlord is the landlord's:
Explanation
A property manager acting on behalf of a landlord is the landlord's agent and owes fiduciary duties including loyalty, confidentiality, and acting in the landlord's best interests.
Q5. A buyer's broker agreement in Nevada:
Explanation
A buyer's broker agreement establishes a formal agency relationship with fiduciary duties, defining the scope of representation, compensation, and duration of the agreement.
Q6. Under Nevada agency law, the duty of 'accounting' requires an agent to:
Explanation
The duty of accounting requires the agent to safeguard and properly account for all money and property entrusted to them by the client, including earnest money deposits.
Q7. In Nevada, which document is used to establish a written agency relationship between a buyer and a licensee?
Explanation
A Buyer Representation Agreement (or buyer's broker agreement) is the written contract that formally establishes the agency relationship between a buyer and their real estate agent in Nevada.
Q8. A Nevada licensee who represents both the buyer and seller in the same transaction without proper disclosure is guilty of:
Explanation
Undisclosed dual agency violates NRS 645 and can result in license revocation. In Nevada, dual agency requires written informed consent from both parties before the agent can represent both buyer and seller in the same transaction.
Q9. Which of the following best describes a 'designated agency' arrangement in Nevada?
Explanation
In designated agency, the broker designates one agent within the firm to represent the seller and a different agent to represent the buyer, allowing each party to receive full representation even when both are clients of the same brokerage.
Q10. In Nevada, the duty of loyalty in an agency relationship means the agent must:
Explanation
The duty of loyalty requires the agent to put the client's interests first and foremost, above the agent's own interests and above those of other parties. This is a fiduciary duty owed to the principal.
Q11. Nevada law requires licensees to disclose their agency relationship to all parties:
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