Free cheat sheet · Nevada
Nevada Agency: Duties Owed & Consent to Act, Decoded
Nevada's Duties Owed disclosure, the Consent to Act for representing two parties, and the state-law facts the NV salesperson exam tests hardest — agency, disclosures, and trust money.
Nevada's state section leans on three areas: agency (20%), license practice (24%), and disclosures (20%). Get the Duties Owed form, the Consent to Act, and Nevada's disclosure rules right and the state section is very winnable.
This cheat sheet decodes the facts NV candidates miss most, with the classic traps flagged.
Nevada agency
- NV's mandatory agency disclosure is the DUTIES OWED BY A NEVADA LICENSEE form — describes the duties the licensee owes.
- TRAP: it is not the Texas IABS, the PA Consumer Notice, or the NC Working With Real Estate Agents form.
- To represent MORE THAN ONE party in a transaction, Nevada requires a signed CONSENT TO ACT.
- Nevada's entry license is the SALESPERSON, working under (and paid only through) a broker.
Disclosures Nevada tests
- Seller's Real Property Disclosure Form (NRS 113) — seller discloses known defects/conditions.
- COMMON-INTEREST COMMUNITY (HOA): the seller must give the buyer the resale package/certificate — heavily tested in NV.
- A licensee acting as a PRINCIPAL in the deal must disclose that.
What else is in this cheat sheet
- Money & records
- The Division, the Fund & renewals
- Exam traps recap
Common questions
Is this cheat sheet really free?
Yes. Enter an email and the full sheet unlocks — there's no card, no trial, and no charge later. The email is how we send the occasional practice tip; unsubscribe whenever.
Can I print it?
It's laid out to print cleanly on standard paper once unlocked, so you can keep it beside you while you study rather than reading it on a screen.
Will memorising this pass the exam?
No, and we'd rather say so. A cheat sheet consolidates what you already half-know and exposes what you don't. Passing comes from working real questions until the reasoning is automatic — the sheet is a companion to that, not a substitute.
Are these facts verified?
They're written from each state's published statutes, commission rules and the testing vendor's content outline. Rules do change; where something is time-sensitive we say so, and you should confirm anything decisive with your state commission.
Use it, don't just read it
Work through free practice questions on the same topics, drill the exam vocabulary, check where you stand, or browse the other cheat sheets.