Nys board of real estate - Study guides, Class notes & Summaries
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NYREI School Exam Questions and Answers Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2023
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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NY Real Estate License Exam Questions and Answers
- Exam (elaborations) • 54 pages • 2024
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NY Real Estate License Exam Questions and Answers 
Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c 
How many members of the NYS Board of Real Estate must be real estate brokers? 
A) 5 
B) 7 
C) All 
D) None - Answer ️️ -A) 5 
What are the expe...
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New York Real Estate License Law Exam Questions With Correct Answers 2024.
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Regulation of real estate has been assigned to - Answer Department of state 
 
Departments within Department of State? - Answer Secretary of State and New York Board of Real Estate 
 
Secretary of State - Answer In charge of administration of licensing, examination, education, and compliance provisions 
 
Whats the Department of State known as historically speaking? - Answer "Keeper of Records" 
 
Whats Department of State oversee? - Answer Record keeping, Division of Licensing ...
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NY Real Estate License Exam Questions and Answers
- Exam (elaborations) • 54 pages • 2024
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NY Real Estate License Exam Questions and Answers 
Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c 
How many members of the NYS Board of Real Estate must be real estate brokers? 
A) 5 
B) 7 
C) All 
D) None - Answer ️️ -A) 5 
What are the expe...
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real estate express exam 2023 with 100% correct answers
- Exam (elaborations) • 41 pages • 2023
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who must sign the mortgage broker dual agency disclosure form? - correct answerthe borrower and the seller 
 
how many members of the NYS board of real estate must be real brokers? - correct answer5 
 
which of the following does not appoint members to the board? - correct answersecretary of state 
 
a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - correct answertrade name
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NY Real Estate License Exam Questions and Answers
- Exam (elaborations) • 54 pages • 2024
- Available in package deal
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NY Real Estate License Exam Questions and Answers 
Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c 
How many members of the NYS Board of Real Estate must be real estate brokers? 
A) 5 
B) 7 
C) All 
D) None - Answer ️️ -A) 5 
What are the expe...
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NY Real Estate License Practice Questions and Answers
- Exam (elaborations) • 68 pages • 2024
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Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate 
broker? 
A) NY Real Property Law, Article 13 
B) NY Real Property Law, Section 442-a 
C) NY Real Property Law, Section 441-c 
D) NY Real Property Law, Article 15-A C) NY Real Property Law, Section 441-c 
How many members of the NYS Board of Real Estate must be real estate brokers? 
A) 5 
B) 7 
C) All 
D) None A) 5 
What are the experience requirements for a broker candidate? 
A) One full year of experience as a li...
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NYS Notary Exam 2023 questions with complete solutions
- Exam (elaborations) • 11 pages • 2023
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A notary at the time of appointment must be either a NYS resident or have a place of business in New York State? 
TRUE - a notary must also be a united states citizen at the time of appointment. however, the department of state, division of licensing services web site adds that notary may also be a permanent resident alien of the united states 
 
 
 
A NYS resident notary public who moves out of NYS but still maintains a place of business in NYS can continue to be a notary in NYS? 
TRUE - how if...
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NYS Real Estate Exam 2024
- Exam (elaborations) • 27 pages • 2024
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NYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers 
debits over the buyers credits 
real estate agents are typically what kind of agent - Answer ️️ -special agent 
what...
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New York Real Estate License Law Final Exam And Complete Answers 2024.
- Exam (elaborations) • 4 pages • 2024
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what is the purpose of license laws? - Answer assist real estate consumers with their largest single investment, protect public by ensuring consistent level of competence ethics and professionalism 
 
foundation for the New York license law? - Answer Article 12A, Real Property Law, Licensing of Real Estate Brokers, Real Estate Salesperson of NY Administrative Code 
 
what 2 branches are within the New York Department of State? - Answer 1. Secretary of State 
2. NYS Board of Real Estate...
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