NYREI Bundled Exam Questions Package with Correct Answers

NYREI PASSED Exam Questions and CORRECT Answers tester - Ans the only and fair way to police the real estate industry is through ... civil rights act of 1866 - Ans was the first major effort of the federal government to guarantee equal housing to all US citizens fair housing act - Ans provide...

NYREI School Exam Guide Questions and CORRECT Answers A vertical piece used to frame a structure is called a: - Ans stud What are horizontal parallel framing boards used to support floor loads? - Ans joist With regard to residential insulation, what does R- value refer to? - Ans resistant to he...

NYREI School PASSED Exam Questions and CORRECT Answers Age of salesperson - Ans 18 Experience for sales person - Ans No Age of broker - Ans 20 Broker experience - Ans 2 years experience and 3500 points How long to reapply for license - Ans One full year Confidentiality - Ans Last forever

NYREI State PASSED Exam Questions and CORRECT Answers Planning board = - Ans Comprehensive Board What is the right that government can take property for the public good? - Ans Eminent Domain How long is your NY real estate license issued for? - Ans 2 Years Resales require a _________________...

NYREI State Exam Guide Questions and CORRECT Answers capital gain - Ans profit from a sale, which is taxed Taxpayer Relief Act - Ans $250,000 of profit is tax-free for a single person and $500,000 for a married couple. (If one of them dies, the other can still use the $500,000 tax break for 2 ...

NYREI State UPDATED Exam Questions and CORRECT Answers According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - Ans Two What type of residential real property transfer would require a property condition disclosure statem...

NYREI UPDATED Exam Questions and CORRECT Answers block and lot - Ans Which type of legal description uses a survey map of a subdivision? exclusive right to sell - Ans Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission age - Ans Which pr...