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New York State Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024
New York State Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024
[Meer zien]New York State Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024
[Meer zien]New York Real Estate Exam Prep 
Questions and Answers 
The situation with the most potential for conflict is when a real estate licensee acts as a: 
-Dual Agent 
-Buyers Broker 
-Sellers Agent 
-Transaction Broker - Answer ️️ --Dual Agent 
A seller has listed her home with a broker for $90,000, ...
Voorbeeld 2 van de 12 pagina's
In winkelwagenNew York Real Estate Exam Prep 
Questions and Answers 
The situation with the most potential for conflict is when a real estate licensee acts as a: 
-Dual Agent 
-Buyers Broker 
-Sellers Agent 
-Transaction Broker - Answer ️️ --Dual Agent 
A seller has listed her home with a broker for $90,000, ...
New York State Real Estate Salesperson Licensing Exam 
In NYS, how old must one be to enter into contracts? - Answer ️️ -18 
What other capability should they possess? - Answer ️️ -Mental and emotional capability 
What happens if one of the parties to the contract is a minor? - Answer ️️...
Voorbeeld 2 van de 5 pagina's
In winkelwagenNew York State Real Estate Salesperson Licensing Exam 
In NYS, how old must one be to enter into contracts? - Answer ️️ -18 
What other capability should they possess? - Answer ️️ -Mental and emotional capability 
What happens if one of the parties to the contract is a minor? - Answer ️️...
New York real estate exam 2024 
The name of the statue that protects the public from unscrupulous salespersons and brokers is - 
Answer ️️ -Article 12 of the real property law 
A real esate brokers license term is - Answer ️️ -2 years 
To become a real estate salesperson in new york one must...
Voorbeeld 2 van de 9 pagina's
In winkelwagenNew York real estate exam 2024 
The name of the statue that protects the public from unscrupulous salespersons and brokers is - 
Answer ️️ -Article 12 of the real property law 
A real esate brokers license term is - Answer ️️ -2 years 
To become a real estate salesperson in new york one must...
NYS REAL ESTATE PRACTICE TEST 2024 
Which of the following statements about license laws is INCORRECT? - Answer ️️ -The 
federal government establish license laws 
In New York, an individual may obtain a salesperson license at age: - Answer ️️ -18 
A salesperson licensee may receive commissi...
Voorbeeld 1 van de 4 pagina's
In winkelwagenNYS REAL ESTATE PRACTICE TEST 2024 
Which of the following statements about license laws is INCORRECT? - Answer ️️ -The 
federal government establish license laws 
In New York, an individual may obtain a salesperson license at age: - Answer ️️ -18 
A salesperson licensee may receive commissi...
New York Real Estate Salesperson Exam 
Questions and Answers 
Article 12A: NYS Real Property Law - Answer ️️ -"Real Estate License Law" 
- violation is a misdemeanor punishable by loss of license, $1000 fine, revoking of license 
- all salespersons have license suspended 
- after 1 year broker...
Voorbeeld 3 van de 24 pagina's
In winkelwagenNew York Real Estate Salesperson Exam 
Questions and Answers 
Article 12A: NYS Real Property Law - Answer ️️ -"Real Estate License Law" 
- violation is a misdemeanor punishable by loss of license, $1000 fine, revoking of license 
- all salespersons have license suspended 
- after 1 year broker...
1x verkocht
NYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amou...
Voorbeeld 3 van de 27 pagina's
In winkelwagenNYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amou...
ny real estate exam questions and answers-graded a 
"real estate broker" - Answer ️️ -any 
person, firm, limited liability company or corporation, who, for another 
and for a fee, commission or other valuable consideration, lists for sale, 
sells, at auction or otherwise, exchanges, buys or re...
Voorbeeld 4 van de 160 pagina's
In winkelwagenny real estate exam questions and answers-graded a 
"real estate broker" - Answer ️️ -any 
person, firm, limited liability company or corporation, who, for another 
and for a fee, commission or other valuable consideration, lists for sale, 
sells, at auction or otherwise, exchanges, buys or re...
New York Real Estate Salesperson (REEDC) 
Exam Questions and Answers 
as a real estate sales person, i am practicing - Answer ️️ -special agency 
as a property manager i am practicing - Answer ️️ -general agency 
in estate planning i am practicing - Answer ️️ -universal agency 
if its my...
Voorbeeld 3 van de 23 pagina's
In winkelwagenNew York Real Estate Salesperson (REEDC) 
Exam Questions and Answers 
as a real estate sales person, i am practicing - Answer ️️ -special agency 
as a property manager i am practicing - Answer ️️ -general agency 
in estate planning i am practicing - Answer ️️ -universal agency 
if its my...
NY Real Estate License Exam Questions and Answers 
Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A - An...
Voorbeeld 4 van de 54 pagina's
In winkelwagenNY Real Estate License Exam Questions and Answers 
Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A - An...
3x verkocht
New York Real Estate Exam with 100% 
Verified and Updated 2024 
Where is the license law written? - Answer ️️ -Article 12-A 
Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - 
Department of State or Secretary of State 
Under NYS Real Property Law, when ...
Voorbeeld 4 van de 39 pagina's
In winkelwagenNew York Real Estate Exam with 100% 
Verified and Updated 2024 
Where is the license law written? - Answer ️️ -Article 12-A 
Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - 
Department of State or Secretary of State 
Under NYS Real Property Law, when ...
NYS Real Estate Practice Exam 
What agency issues real estate licenses? - Answer ️️ -The New York State Department of State 
(NYDOS), Divison of Licensing Services 
At what age can you become a real estate salesperson? - Answer ️️ -18 
Do you need experience in the field to become a sales pe...
Voorbeeld 2 van de 10 pagina's
In winkelwagenNYS Real Estate Practice Exam 
What agency issues real estate licenses? - Answer ️️ -The New York State Department of State 
(NYDOS), Divison of Licensing Services 
At what age can you become a real estate salesperson? - Answer ️️ -18 
Do you need experience in the field to become a sales pe...
NYS Real Estate Salesperson 2024 
Abandonment - Answer ️️ -the surrender or release of a right, a claim or an interest in real 
property. 
absorption field - Answer ️️ -a system of narrow trenches through which the discharge from a 
septic tank infiltrates into the surrounding soil. 
abstrac...
Voorbeeld 2 van de 5 pagina's
In winkelwagenNYS Real Estate Salesperson 2024 
Abandonment - Answer ️️ -the surrender or release of a right, a claim or an interest in real 
property. 
absorption field - Answer ️️ -a system of narrow trenches through which the discharge from a 
septic tank infiltrates into the surrounding soil. 
abstrac...
NY STATE Real Estate U test exam prep 
questions and answers 
Department of State responsibility? - Answer ️️ -Responsible for issuing real estate licenses, 
pock cards, and handing down disciplinary action. 
Article 12-A NYS real property law outlines - Answer ️️ -Roles and responsibilities...
Voorbeeld 2 van de 9 pagina's
In winkelwagenNY STATE Real Estate U test exam prep 
questions and answers 
Department of State responsibility? - Answer ️️ -Responsible for issuing real estate licenses, 
pock cards, and handing down disciplinary action. 
Article 12-A NYS real property law outlines - Answer ️️ -Roles and responsibilities...
STUDY GUIDE FOR THE NY REAL 
ESTATE EXAM QUESTIONS WITH 
CORRECT ANSWERS 
Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code 
section 3508[A, B], 
real estate agents are statutory non-employees and are therefore independent contractors. 
The code also states t...
Voorbeeld 3 van de 23 pagina's
In winkelwagenSTUDY GUIDE FOR THE NY REAL 
ESTATE EXAM QUESTIONS WITH 
CORRECT ANSWERS 
Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code 
section 3508[A, B], 
real estate agents are statutory non-employees and are therefore independent contractors. 
The code also states t...
NYS REAL ESTATE EXAM 2024 
QUESTIONS AND ANSWERS 
NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers 
Property law name - Answer ️️ -Article 12A 
Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker 
An associate broker... - Ans...
Voorbeeld 3 van de 23 pagina's
In winkelwagenNYS REAL ESTATE EXAM 2024 
QUESTIONS AND ANSWERS 
NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers 
Property law name - Answer ️️ -Article 12A 
Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker 
An associate broker... - Ans...
RealEstate U Pass the New York State 
Exam (v.2) 2.3 Practice Exam # 3 (75 
questions and answers) 
Which of the following is NOT exempt from obtaining a license? - Answer ️️ -A licensed 
attorney acting as a sponsor to a real estate salesperson 
A real estate salespersons license must be renewe...
Voorbeeld 2 van de 5 pagina's
In winkelwagenRealEstate U Pass the New York State 
Exam (v.2) 2.3 Practice Exam # 3 (75 
questions and answers) 
Which of the following is NOT exempt from obtaining a license? - Answer ️️ -A licensed 
attorney acting as a sponsor to a real estate salesperson 
A real estate salespersons license must be renewe...
NYS Real Estate Salesperson 
Real Estate Broker - Answer ️️ -is any person, partnership, association, or corporation who, for 
another and for compensation of any kind, negotiates any form of real estate transaction 
Associate Real Estate Broker - Answer ️️ -A licensed real estate broker who...
Voorbeeld 1 van de 4 pagina's
In winkelwagenNYS Real Estate Salesperson 
Real Estate Broker - Answer ️️ -is any person, partnership, association, or corporation who, for 
another and for compensation of any kind, negotiates any form of real estate transaction 
Associate Real Estate Broker - Answer ️️ -A licensed real estate broker who...
NY REAL ESTATE PRACTICE TEST 
CORRECTLY SOLVED 2024 
1. A blanket mortgage usually contains which clause? 
A. assumption 
B. release 
C. sunrise 
D. good guy - Answer ️️ -B 
2. A CMA is different from an appraisal because: 
A. an appraisal is based only on facts 
B. an appraisal is an opinion of...
Voorbeeld 3 van de 19 pagina's
In winkelwagenNY REAL ESTATE PRACTICE TEST 
CORRECTLY SOLVED 2024 
1. A blanket mortgage usually contains which clause? 
A. assumption 
B. release 
C. sunrise 
D. good guy - Answer ️️ -B 
2. A CMA is different from an appraisal because: 
A. an appraisal is based only on facts 
B. an appraisal is an opinion of...
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