Ny state licensing - Study guides, Class notes & Summaries

Who regulates PI's in NY? - The Department of State, Division of Licensing What type of crime is operating as a PI without a license? - Class B Misdemeanor A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a person who cannot meet the character standard set for an individual PI license. - 10 Who has the power to enforce the provisions of the PI licensing law? - The Secretary of State Is a licensee obliged to supply their books or records to the St...

What is your status under the Internal Revenue code - correct answer A statutory non-employee What is your status under NY Law, and where you are supervised by a Broker - correct answer Independent Contractor How long are records to be maintained for - correct answer 3 years Where do we get our license from - correct answer NY State Department of State Division of Licensing Services How many hours of classes does a salesperson need? Broker? - correct answer Salesperson = 75...

NY PI UPDATED Exam Questions and CORRECT Answers Who regulates PI's in NY? - Ans The Department of State, Division of Licensing What type of crime is operating as a PI without a license? - Ans Class B Misdemeanor A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a person who cannot meet the character standard set for an individual PI license. - Ans 10 Who has the power to enforce the provisions of the PI licensing law? - Ans The Secretary of ...

NYS Life, accident, and health insurance Exam 2024 Which of the following would not be a requirement to obtain an Agent or Broker's license in New York? A. Be 18 years of age B. Be a resident of NY State for at least 10 years C. Complete a pre-approved insurance licensing course D. Pay applicable fees and pass required examination - Answer ️️ -Answer: B. Be a resident of NY State for at least 10 years There is no time requirement for residency. An applicant must be a resident of NYS...

associate real estate broker a licensed real estate broker who may perform the acts of a broker but chooses to work under the name and supervision and license of a licensed broker real estate broker any oersons partnership association or corporation who, for another and for compensation of any kind negotiates any form of real eatate transaction. The New York Department of State Division of Licensing Services oversees licensure real estate salesperson anyone who performs as a real estate bro...

What is your status under the Internal Revenue code - Answer A statutory non-employee What is your status under NY Law, and where you are supervised by a Broker - Answer Independent Contractor How long are records to be maintained for - Answer 3 years Where do we get our license from - Answer NY State Department of State Division of Licensing Services How many hours of classes does a salesperson need? Broker? - Answer Salesperson = 75 / Broker = 120 What are the age requ...

NOTARY EXAM MC QUESTIONS AND VERIFIED ANSWERS A Notary Public is a ______________? NY State Officer The real Notary Public Licensing Exam after this course is ________________? A walk-in, 1Hr., 40 question, multiple choice exam What score is required to pass the state exam? 70% How many years is the Notary License good for before you must renew it and take the exam again? It is renewable every 4 years with no exam. How long after your notary license expires in 4 years, can you still...

What is your status under the Internal Revenue code - Answer A statutory non-employee What is your status under NY Law, and where you are supervised by a Broker - Answer Independent Contractor How long are records to be maintained for - Answer 3 years Where do we get our license from - Answer NY State Department of State Division of Licensing Services How many hours of classes does a salesperson need? Broker? - Answer Salesperson = 75 / Broker = 120 What are the age requ...

NYREI Exam Review (1-10) Questions and Answers (Graded A) 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 Divisi...