Nyrei exam 3 - Study guides, Class notes & Summaries

NYREI Cram Book Quiz & answers rated A+ fully solved to pass 2023From Whom may a salesperson accept commission? A. Employing Broker only B. Employing Broker or buyer C. Employing broker or listing broker D. Empling Broker or seller - correct answer A. Employing Broker Salesperson candidates are required to complete ___ hours of state approved education and have __years of experience. A. 75 hours/no years B. 75 hours/ 3 years C. 120 hours/2 years D. 120 hours/3 years - correct answer A...

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 a tenant installs for use in his or her business is called - ANSWER Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the neighborhood Is c...

NYREI practice exam questions 1. For the income approach to appraisal, value is a reference to what?: the worth of the investment 2. Which method of property description is most frequently used in New York State?: Metes and bounds 3. One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned wit

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 zoning, subdivisions, easements, and the like? - Answer-Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? - Answer-Article 14 What does section 443 of ...

NYREI Exam Prep questions and answers well illustrated. A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answers.Periodic tenancy Physical land and everything attached to it is called - correct answers.Real Estate Equipment a tenant installs for use in his or her business is called - correct answers.Trade fixture The illegal practice of inducing homeowners to sell their ho...

NYREI Exam Prep questions and answers 100% guaranteed success. A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answers.Periodic tenancy Physical land and everything attached to it is called - correct answers.Real Estate Equipment a tenant installs for use in his or her business is called - correct answers.Trade fixture The illegal practice of inducing homeowners to se...

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 deal with? disclosure issues Which federal agency is not involved with re...

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-resistant to heat transfer What is the standard ventilation rate? - Answer-15 cubic feet per min (CFM) per person What system delivers heat and AC through the same ducts? - Answer-Forced warm air system As...

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 a tenant installs for use in his or her business is called - Answer-Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethin...