Agency
What does the Nevada Agency Disclosure form inform the client about?
AThe listing price and commission rate
BThe types of agency relationships available and the licensee's duties in each✓ Correct
CThe property's physical condition
DThe lender's loan terms
Explanation
The Nevada Agency Disclosure form explains the different types of agency relationships (seller's agent, buyer's agent, dual agent, designated agent) and the duties owed in each relationship, so clients can make an informed choice.
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