R E Ch 14

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Last updated 1:33 AM on 4/11/26
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10 Terms

1
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If a property is or has been the subject of a defect claim or lawsuit, then the construction defects disclosure information must be disclosed:

At least 30 days before the close of escrow.

2
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When reselling a residential property in Nevada, how far in advance of the close of escrow must the completed Seller's Real Property Disclosure be provided to the buyer?

At least 10 days before the close of escrow.


3
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In which of the following circumstances may a buyer waive his right to the Seller's Real Property Disclosure?

He cannot waive his right.

4
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In which of the following situations must a Seller's Real Property Disclosure be provided to the buyer?


In a sale of a single-family home between fourth cousins.

5
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The common-interest communities disclosure must be provided to the buyer, at the latest:

Not later than the date the offer becomes a binding agreement with the buyer.

6
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After someone enters into an agreement to purchase property in a common-interest community, the purchaser generally has how many days to cancel the agreement and receive a refund of money paid?

5 days.

7
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The Seller's Real Property Disclosure Form:

Must contain information known to the seller.

8
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When must the original Range Land Disclosure be recorded with the county recorder where the property is located?

At or after the closing.

9
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Under Nevada law, how many major disclosures apply specifically to residential sellers in Nevada?

Four.

10
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The private restrictions on the use of real property that are often found in subdivisions or condominium projects are known as:

Covenants, codes and restrictions.