Nyrei school test Study guides, Class notes & Summaries

NYREI TEST 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 - CORRECT ️️ a. risk management. What is it called when a lender evaluates a prospective buyer and documents, in writing, that he is willing to loan this buyer up to a certain amount of money? - CORRECT ️️ b. pre-approval When someone dies without a...

NYREI Exam Review (1-10) Questions and Answers 100% CorrectNYREI Exam Review (1-10) Questions and Answers 100% CorrectNYREI Exam Review (1-10) Questions and Answers 100% CorrectNYREI Exam Review (1-10) Questions and Answers 100% CorrectAccording to IRS code, licensed re agents are: - ANSWER-statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - ANSWER-3 years Brokers can provide ______, but salesperson...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Correct) Which article of real property law deals with licensees? Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real es...

NYREI EXAM REVIEW CHAPTERS 1-10 QUESTIONS WITH CORRECT ANSWERS ALREADY GRADED A+ According to IRS code, licensed re agents are: - statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - 3 years Brokers can provide ______, but salespersons are responsible for _____ incurred - office and supplies, expenses Who issues real estate licenses - NY State Dept of State's Division of Licens...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Verified) Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real estate? SEC Oksana was a broker in Russia, with a very poor understand...

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 Brokers can provide ______, but salespersons are responsible for _____ incurred - correct answer office and supplies, expenses Who issues real estate licenses - correct answer NY State Dept of State's D...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Correct) Who is responsible for the administration of licensing? Secretary of State Which article of real property law deals with licensees? Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A dea...

According to IRS code, licensed re agents are: - ANSWER statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - ANSWER 3 years Brokers can provide ______, but salespersons are responsible for _____ incurred - ANSWER office and supplies, expenses Who issues real estate licenses - ANSWER NY State Dept of State's Division of Licensing Services associate real estate brokers - ANSWER became brokers bu...

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 when a lender evaluates a prospective buyer and documents, in writing, that he is willing to loan this buyer up to a certain amount of money? - Answer-b. pre-approval When someone dies without a wi...