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Bundle for NYREI EXAM 2023 updated

1 Exam (elaborations) NYREI: Lesson 2 Unit 6 question and answers(graded A+)fully solved 2023 2 Exam (elaborations) NYREI Session 5 question with 100% correct answers graded A+ 2023 3 Exam (elaborations) NYREI Session 15 question with complete solution graded A+ 2023 passed 4 Exam (elaborations)...

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NYREI Review Packet(question and answers)2023 updated to passed

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NYREI Review Packet(question and answers)2023 updated to passedWhat agency issues real estate licenses? - correct answer Department of State or Division of licensing Services At what age can you become a real estate salesperson? - correct answer 18 Do you need experience in the field to become...

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NYREI School Exam question and answers 2023 correctly answered

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NYREI School Exam question and answers 2023 correctly answeredWhat is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license What is the preferred method of creating an agency relationship? - correct answer expressed age...

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NY REAL ESTATE SALESPERSON PRE-LICENSING NYREI correctly answered 2023

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NY REAL ESTATE SALESPERSON PRE-LICENSING NYREI correctly answered 2023What is the age and experience requirement to apply for a broker license? - correct answer b. 20 years old and at least two years of experience A broker who deposits escrow funds into his brokerage business account is guilty of...

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Real Estate Exam Chapter 15a correctly answered to pass rated A+ 2023

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Real Estate Exam Chapter 15a correctly answered to pass rated A+ 2023A commercial apartment building consists of how many units...? - correct answer 5 or more units A high-rise office building consists of how many stories...? - correct answer More than 20 stories A low-rise office building con...

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NYREI Exam Prep question and answers rated A+ 2023 passed

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NYREI Exam Prep question and answers rated A+ 2023 passedA leasehold estate that continues for a successive period of equal length until terminated by proper notice from either party is a - correct answer Periodic tenancy Physical land and everything attached to it is called - correct answer Real...

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NYREI practice exam questions and answers graded A+ 2023

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NYREI practice exam questions and answers graded A+ 2023For the income approach to appraisal, value is a reference to what? - correct answer the worth of the investment Which method of property description is most frequently used in New York State? - correct answer Metes and bounds One import...

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NYREI School Exam (question and answers 2023) graded A+

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NYREI School Exam (question and answers 2023) graded A+What is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license What is the preferred method of creating an agency relationship? - correct answer expressed agency ...

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NYREI question and answers 2023 verified to pass

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NYREI question and answers 2023 verified to passblock and lot - correct answer Which type of legal description uses a survey map of a subdivision? exclusive right to sell - correct answer Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission ...

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NYREI Review Packet correctly answered rated A+ passed 2023

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NYREI Review Packet correctly answered rated A+ passed 2023 What agency issues real estate licenses? - correct answer Department of State or Division of licensing Services At what age can you become a real estate salesperson? - correct answer 18 Do you need experience in the field to become a...

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NYREI Test question with complete solution rated A.

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NYREI Test question with complete solution rated A.Chapter 1 According to IRS, salespersons are independent contractors (earnings for 1099) Statutory Non-employees Keep records for 3 years Salesperson - 18 +, Broker - 20+ Receive commissions from supervising broker ONLY Broker cannot...

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NYREI Test Prep(question and answer)correctly answered 2023

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NYREI Test Prep(question and answer)correctly answered 2023Where is license law written? - correct answer Article 12A of NY State Real Property Law Who is responsible for administrative discipline of real estate licensees? - correct answer Department of State (DOS) or Secretary of State Under ...

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NYREI Exam Review (1-10)updated correctly answered 2023

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NYREI Exam Review (1-10)updated correctly answered 2023 According to IRS code, licensed re agents are: - correct answer statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - correct answer 3 years Broker...

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NYREI(question with complete solution)2023 updated

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NYREI(question with complete solution)2023 updatedemployee - correct answer someone who works under the direction and control of another independent contractor - correct answer individual who is self employed statutory employee - correct answer independent contractors specifically classified a...

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NYREI (LI) Questions and answers graded A+ 2023 already passed

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NYREI (LI) Questions and answers graded A+ 2023 already passed A broker legitimately may pay all of part of RE commission to a - correct answer Salesperson The minimum age for a NY RE Broker to be licensed is - correct answer 20 Which of the following acts would require a RE license in NYS? -...

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NYREI quiz questions and correct answers rated A+ already passed 2023

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NYREI quiz questions and correct answers rated A+ already passed 2023Greg lists his home with PDQ Realty allowing them to put a sign in the yard, list it in MLS, and advertise it in the local newspaper. During the listing period, Greg sells the home to his brother and is not obligated to pay PDQ any...

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NYREI School Exam question and answers rated A+ 2023 updated

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NYREI School Exam question and answers rated A+ 2023 updatedA vertical piece used to frame a structure is called a: - correct answer stud What are horizontal parallel framing boards used to support floor loads? - correct answer joist With regard to residential insulation, what does R- value re...

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NYREI Exam( question and answers )graded A+ 2023 UPDATED

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NYREI Exam( question and answers )graded A+ 2023 UPDATEDWho is responsible for the administration of licensing? - correct answer Secretary of State Which article of real property law deals with licensees? - correct answer Article 12A Which article of real property law deals with real estate tr...

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NYREI Important Terms question and answers 2023 updated

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NYREI Important Terms question and answers 2023 updated Article 12A, Licensee: - correct answer Article 12A is part of the NY. State Real Property Law known as "Real Estate License Law." And it is the article that states the things that can and cannot. Be done with our license. Capital Gains T...

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NYREI Terms(question and answers)graded A+ 2023 already passed

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NYREI Terms(question and answers)graded A+ 2023 already passedAccession - correct answer Gives property owners the right to everything produced by their land Accessory Apartment - correct answer an apartment within a single family dwelling Accord and Satisfaction - correct answer an agreement ...

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NYREI: Law question and answers rated A+ 2023 already passed

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NYREI: Law question and answers rated A+ 2023 already passeda broker who places an advertisement or house that does not include the broker's name could be accused of placing a - correct answer BLIND AD to be a broker -- age of ___, ___ hours of education, and ___ years of RE sales experience. - ...

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NYREI State Exam(question and answers )2023 already passed

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NYREI State Exam(question and answers )2023 already passedPlanning board = - correct answer Comprehensive Board What is the right that government can take property for the public good? - correct answer Eminent Domain How long is your NY real estate license issued for? - correct answer 2 Years ...

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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed

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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - correct answer Two What type of residential real property transfer would require a property condition...

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NYREI Chapter 1 + Chapter 1A question and answers graded A+ 2023

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NYREI Chapter 1 + Chapter 1A question and answers graded A+ 2023independent contractor - correct answer Independent contractor must pay his own expenses. · According to IRS code section 3508[A, B], real estate agents are statutory nonemployees and are therefore independent contractors. The code al...

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Real Estate NYREI(question with complete solution)graded A+ 2023

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Real Estate NYREI(question with complete solution)graded A+ 2023Section 3508 (a)(b) of IRS Code - correct answer real estate licensees are independent contractors article 12-A - correct answer NY Salesperson & broker license law real property law that governs agents and brokers Section 443 ...

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NYREI Cram Book Quiz & answers rated A+ fully solved to pass 2023

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NYREI Cram Book Quiz & answers rated A+ fully solved to pass 2023From Whom may a salesperson accept commission? A. Employing Broker only B. Employing Broker or buyer C. Employing broker or listing broker D. Empling Broker or seller - correct answer A. Employing Broker Salesperson candidates a...

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NYREI Session 15 question with complete solution graded A+ 2023 passed

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NYREI Session 15 question with complete solution graded A+ 2023 passedSam's house had $180k market value, assessment is 60%. What is the assessed value? - correct answer 180,000 x .6 = 108,000 AD Valorem taxes are based of a property's - correct answer Assessed value a) Appraised value b)...

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NYREI Session 5 question with 100% correct answers graded A+ 2023

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NYREI Session 5 question with 100% correct answers graded A+ 2023Easement - correct answer someone can use your real estate legally (they can use it, but they don't own it). doesn't legally need to be in writing Ms. Davis purchased a property and was granted the right to cross an adjacent drive...

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