Agency
What is the purpose of the Nevada Agency Disclosure Form (adopted by NREC)?
ATo establish the commission rate to be paid
BTo inform buyers and sellers about the types of agency relationships available in Nevada, the duties owed in each, and to confirm what relationship has been established✓ Correct
CTo create a binding buyer's representation agreement
DTo disclose the listing price to the buyer
Explanation
The Nevada Agency Disclosure Form (NRS 645.252) must be provided to clients before entering an agency relationship.
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