Bundle For NYREI Exam Questions with Correct Answers

NYREI Exam Questions with Correct Answers easements - Answer--right to use another persons real property for a particular service -ROW -right of way --> an easement that grants access to property easements in gross - Answer--involves a specific parcel of land -benefits a person or comp...

NYREI Practice Exam Questions and Answers For the income approach to appraisal, value is a reference to what? - Answer-the worth of the investment Which method of property description is most frequently used in New York State? - Answer-Metes and bounds One important characteristic of inves...

NYREI Quiz Questions with Correct Answers Greg 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 commission. What type ...

NYREI Exam Prep Questions with Correct Answers A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - Answer-Periodic tenancy Physical land and everything attached to it is called - Answer-Real Estate Equipment ...

NYREI School Test Questions with Correct Answers Age of salesperson - Answer-18 Experience for sales person - Answer-No Age of broker - Answer-20 Broker experience - Answer-2 years experience and 3500 points How long to reapply for license - Answer-One full year Confidentiality - ...

NYREI Review Packet Exam Questions and Answers What agency issues real estate licenses? - Answer-Department of State or Division 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 salesperson? - Answer-No ...

NYREI Exam Questions with Complete Solutions Who is responsible for the administration of licensing? - Answer-Secretary of State Which article of real property law deals with licensees? - Answer-Article 12A Which article of real property law deals with real estate transactions, such as zon...

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

NYREI Test Questions with Complete Solutions In his first week on the job, property manager Tim checks the insurance coverage for the building he manages and indicates potential needs for more coverage. This is an example of Tim's obligation to - Answer-a. risk management. What is it called ...