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Bundle for New York State Real Estate tests compilation | everything you need | verified
Bundle for New York State Real Estate tests compilation | everything you need | verified
[Show more]Bundle for New York State Real Estate tests compilation | everything you need | verified
[Show more]In NYS, how old must one be to enter into contracts? - 18 
What other capability should they possess? - Mental and emotional capability 
What happens if one of the parties to the contract is a minor? - The contract is voidable by the minor 
What does the zoning board of appeals do? - Grants variance...
Preview 2 out of 7 pages
Add to cartIn NYS, how old must one be to enter into contracts? - 18 
What other capability should they possess? - Mental and emotional capability 
What happens if one of the parties to the contract is a minor? - The contract is voidable by the minor 
What does the zoning board of appeals do? - Grants variance...
What agency issues real estate licenses? - The New York State Department of State (NYDOS), Divison 
of Licensing Services 
At what age can you become a real estate salesperson? - 18 
Do you need experience in the field to become a sales person? - No 
What is the minimum age to become a real estate b...
Preview 2 out of 7 pages
Add to cartWhat agency issues real estate licenses? - The New York State Department of State (NYDOS), Divison 
of Licensing Services 
At what age can you become a real estate salesperson? - 18 
Do you need experience in the field to become a sales person? - No 
What is the minimum age to become a real estate b...
An agency relationship is determined by: 
a) the source of compensation 
b) how well the parties know each other 
c) agreement between the principal and the agent 
d) first substantive contract - c) agreement between the principal and the agent 
Heat from outside air is utilized through a: 
se condi...
Preview 2 out of 7 pages
Add to cartAn agency relationship is determined by: 
a) the source of compensation 
b) how well the parties know each other 
c) agreement between the principal and the agent 
d) first substantive contract - c) agreement between the principal and the agent 
Heat from outside air is utilized through a: 
se condi...
1. To be licensed as a real estate broker, an individual must be at least how old? 
a. 16 
b. 18 
c. 20 
d. 21 c. 20 
2. Which of the following individuals is exempt from licensure? 
a. attorneys admitted to practice in the New York courts 
b. property managers who manage property for more than one ...
Preview 2 out of 7 pages
Add to cart1. To be licensed as a real estate broker, an individual must be at least how old? 
a. 16 
b. 18 
c. 20 
d. 21 c. 20 
2. Which of the following individuals is exempt from licensure? 
a. attorneys admitted to practice in the New York courts 
b. property managers who manage property for more than one ...
The Department of State - - Primarily responsible for issuing real estate licenses, pocket cards, and 
handing down disciplinary action 
- Provides advertising guidelines for brokers 
Article 12-A of the NYS Real Property Law - Outlines the roles/duties of the Department of State 
Commissions - - Co...
Preview 2 out of 7 pages
Add to cartThe Department of State - - Primarily responsible for issuing real estate licenses, pocket cards, and 
handing down disciplinary action 
- Provides advertising guidelines for brokers 
Article 12-A of the NYS Real Property Law - Outlines the roles/duties of the Department of State 
Commissions - - Co...
Article 12A - Real Property Law 
New York Board of Real Estate - 15 members, 13 appointed in which 5 are brokers, Secretary of State 
and Executive Director of Consumer Protection Board 
Broker - Person or business who is licensed to represent another person in a real estate transaction 
with the ex...
Preview 2 out of 7 pages
Add to cartArticle 12A - Real Property Law 
New York Board of Real Estate - 15 members, 13 appointed in which 5 are brokers, Secretary of State 
and Executive Director of Consumer Protection Board 
Broker - Person or business who is licensed to represent another person in a real estate transaction 
with the ex...
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