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NYREI PRACTICE EXAM QUESTIONS 2024 UPDATED TO THE LATEST VERSION WITH MULTIPLE,
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NYREI PRACTICE EXAM QUESTIONS 2024 UPDATED TO THE LATEST VERSION WITH MULTIPLE,
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NYREI jPRACTICE jEXAM jQUESTIONS j2024j UPDATED jTO jTHE jLATEST jVERSION jWITH
j MULTIPLE, jCORRECLY jANSWERED jQUESTIONS
jALREADY jGRADED jA+
For jthe jincome japproach jto jappraisal, jvalue jis ja jreference jto jwhat? j j j j j j j✔- jthe jworth jof jthe
jinvestment
Which jmethod jof jproperty jdescription jis jmost jfrequently jused jin jNew jYork jState? j j j j j j j✔- jMetes
jand jbounds
One jimportant jcharacteristic jof jinvesting jcaused jBill jto jinvest jin jcertificates jof jdeposit jrather jthan
jreal jestate. jBill jwas jconcerned jwith j j j j j j j✔- jliquidity.
Who jsets jthe jlegal jdescription? j j j j j j j✔- jsurveyor
Dwelling jpolicies jgenerally jexclude j j j j j j j✔- jwater jdamage.
, John jis jgathering jup jhis jpaperwork jto jcomplete jhis jincome jtaxes. jHis jhome jexpenses jinclude:
jMortgage jinterest j/ jmonth j= j$520; jProperty jtaxes j= j$3,280; jNew jdeck j= j$5,300. jWhat jis jthe jtotal
jdeduction jJohn jcan jtake jfor jthe jyear? j j j j j j j✔- j$9,520
Broker jSam jtold jthe jseller jthat jher jlisting jcontract jwould jautomatically jrenew jafter jthe jexpiration
jdate jof jJune j1st. jOne jJune j2nd, jthe jseller jlisted jwith janother jagency. jSam's jstatement jhad jno jeffect
jbecause j j j j j j j✔- jNew jYork jprohibits jautomatic jextensions jof jlistings.
Effective jgross jincome jbest jdescribes j j j j j j j✔- jgross jincome jminus ja jfigure jfor jvacancy jand jcollection
jlosses.
A jlease jtemporarily jtransfers jthe jrights jof jproperty jfrom jthe j_________ jto jthe j________. j j j j j j j✔-
jlessor j/ jlessee
When jshowing ja jdowntown jcondominium, ja jlicensee jbrags, j"This junit jprobably jhas jthe jbest jview jof
jLake jMichigan jin jthe jwhole jcity!" jWould jthis jstatement jhave jlegal jconsequences? j j j j j j j✔- jNo, jthis
jis jpuffing jand jis jthe jagent's jopinion
The jDivision jof jLicensing jService jmay jsuspend jor jrevoke ja jsales jlicense jon jthe jbasis jof jwhich jof jthe
jfollowing? j j j j j j j✔- jAll jof jthe jabove
Alfred jand jAllie jbuy ja j10-year-old jhome jand jhave jit jtested jfor jradon jprior jto jclosing. jThe jtest
jresults jin jan javerage jreading jof j4.8 jpCi/L. jUnder jfederal jlaw, jis jthe jseller jrequired jto jmitigate jthe
jhome? j j j j j j j✔- jNo, junless jagreed jupon jin jthe jcontract jbetween jbuyer jand jseller.
The jbest jway jto jcreate jan jagency jrelationship jis jby j j j j j j j✔- jwritten jagreement.
The jday jbefore jhis jproperty jwas jbeing jauctioned joff jat ja jforeclosure jsale, jPeter jredeemed jthe
jproperty jby j j j j j j j✔- jequitable jright jof jredemption.
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