Which of the following is NOT correct about a subdivision advertisement?

Disable ads (and more) with a premium pass for a one time $4.99 payment

Prepare for the Nevada Real Estate Exam with our comprehensive study guide. Access flashcards and multiple choice questions, each with detailed explanations and hints. Gear up for your test with confidence!

The statement that the approval number and developer's name must appear in the advertisement is indeed correct. In Nevada, advertisements for subdivisions are regulated to ensure that potential buyers are provided with clear and accurate information. This includes the requirement that advertisements clearly display the developer's name and an approval number, which helps to protect consumers by enabling them to verify the legitimacy of the offering.

The requirements in the other statements reinforce the importance of oversight by the Division. Advertisements must be pre-approved in writing to ensure compliance with state regulations, and any modifications to these approved advertisements necessitate further approval. Likewise, while all press releases pertaining to subdivision developments also require written approval, it is specifically the inclusion of the approval number and developer's name in advertisements that is a fundamental part of consumer protection and transparency in real estate marketing.

This context emphasizes how crucial these elements are in promoting ethical and truthful advertising in real estate, safeguarding both the interests of consumers and the integrity of the real estate market in Nevada.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy