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Nevada · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 NevadaNevada requires every licensee to provide each party in a transaction the "Duties Owed by a Nevada Real Estate Licensee" disclosure, which lists the statutory duties a licensee owes to clients and to all parties. A licensee may represent the buyer, the seller, or both, but acting as an agent for more than one party (dual or assigned agency) requires the prior written consent of all parties involved. The disclosure clarifies the licensee's role and is intended to ensure consumers understand whom the agent represents before confidential information is shared.
Yes. State License Law is a scored domain on the Nevada real estate licensing exam, and this topic appears in the state license-law portion.
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Nevada applies its own license law on top of the national portion. This page covers the Nevada rules specifically, which is what the state section of your exam tests.