Package deal
New York Real Estate Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
New York Real Estate Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]New York Real Estate Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]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...
Preview 2 out of 9 pages
Add to cartNew 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...
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, ...
Preview 2 out of 12 pages
Add to cartNew 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 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...
Preview 3 out of 23 pages
Add to cartNew 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...
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...
Preview 3 out of 27 pages
Add to cartNYS 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 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...
Preview 4 out of 54 pages
Add to cartNY 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...
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 ...
Preview 4 out of 39 pages
Add to cartNew 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 ...
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...
Preview 4 out of 160 pages
Add to cartny 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...
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...
Preview 1 out of 4 pages
Add to cartNYS 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 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 ️️...
Preview 2 out of 5 pages
Add to cartNew 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 ️️...
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...
Preview 2 out of 10 pages
Add to cartNYS 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 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...
Preview 3 out of 23 pages
Add to cartNYS 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...
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...
Preview 2 out of 9 pages
Add to cartNY 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...
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...
Preview 1 out of 4 pages
Add to cartNYS 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...
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...
Preview 2 out of 5 pages
Add to cartRealEstate 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 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...
Preview 2 out of 5 pages
Add to cartNYS 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 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...
Preview 3 out of 19 pages
Add to cartNY 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...
REVIEW QUESTIONS FOR NY REAL ESTATE EXAM 
1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - Answer ️️ --B: Salesperson can accept compensation 
only from their sponsoring broker. 
2-The minimum...
Preview 3 out of 26 pages
Add to cartREVIEW QUESTIONS FOR NY REAL ESTATE EXAM 
1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - Answer ️️ --B: Salesperson can accept compensation 
only from their sponsoring broker. 
2-The minimum...
NY Real Estate State Exam (Multi Choice) 
with correct Answers 
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 - Answer ️️ -c) agreement between the ...
Preview 2 out of 12 pages
Add to cartNY Real Estate State Exam (Multi Choice) 
with correct Answers 
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 - Answer ️️ -c) agreement between the ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller EmilyCharlene. Stuvia facilitates payment to the seller.
No, you only buy these notes for $48.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now