Age of salesperson Study guides, Class notes & Summaries

What agency issues real estate licenses? - correct answer The New York State Department of State (NYDOS), Divison 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 sales person? - correct answer No What is the minimum age to become a real estate broker? - correct answer 20 If your license is revoked, how long do you have to wait to re-apply for it? - correct answer One year Do y...

Real Estate U Final Exam Study Guide 2024 Questions and Answers Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer- A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - A...

What agency issues real estate licenses? NYS DOS, DIVISION OF LICENSING At what age can you become a real estate salesperson? 18 Do you need experience in the field to become a salesperson? No What is the minimum age to become a real estate broker? 20 Do you need experience in the field to become a broker? Yes, 3500 points (35hrs weekly for 100 weeks) If your license is revoked, how long do you have to wait to reapply 1 year As a licensed salesperson, I can receive compensation from ___. ...

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...

Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor broker - Answer- A licensed real estate broker that holds the license of a salesperson "Summary of Your Submission" - Answer- Obtained after your register for the New York Sta...

What agency issues real estate licenses? - NYS DOS, DIVISION OF LICENSING At what age can you become a real estate salesperson? - 18 Do you need experience in the field to become a salesperson? - No What is the minimum age to become a real estate broker? - 20 Do you need experience in the field to become a broker? - Yes, 3500 points (35hrs weekly for 100 weeks) If your license is revoked, how long do you have to wait to reapply - 1 year As a licensed salesperson, I can receive compensatio...

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 salesperson? - correct answer No What is the minimum age to become a real estate broker? - correct answer 20 Do you need experience in the field to become a real estate broker? - correct answer Yes, 2 years experience and 3500 points If your...

Real Estate U Final Exam Questions and Answers 2023/2024 Latest Update. Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained aft...

When should you let your attorney see a construction contract? A. Before you let the client see the contract B. After the contract is prepared but before you sign it C. After the building permit is obtained D. After the contract is signed by you and the client -ANSWER-B. After the contract is prepared but before you sign it Which is the most correct statement as to what must be included in every home improvement contract? A. Notice of right to cancel B. Contractor's license number C. T...

What agency issues real estate licenses? The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? 18 Do you need experience in the field to become a sales person? No What is the minimum age to become a real estate broker? 20 If your license is revoked, how long do you have to wait to re-apply for it? One year Do you need experience in the field to become a broker? Yes, at least 2 years of experience and 3200 points