Nys real estate exam 2024 - Study guides, Class notes & Summaries
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New York Real Estate Exam with 100% Verified and Updated 2024
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New York Real Estate Exam with 100% 
Verified and Updated 2024 
Where is the license law written? - Answer ️️ -Article 12-A 
Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - 
Department of State or Secretary of State 
Under NYS Real Property Law, when Department of State revokes a salesperson's license, how 
much time must past before the salesperson can be relicensed? - Answer ️️ -One year 
If a broker's licensed is revoked, what happens to th...
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NYS Real Estate Exam 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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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)
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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A) 
What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services 
 
At what age can you become a real estate salesperson? - ANSWER-18 
 
Do you nee...
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REAL ESTATE EXAM FOT NEW YORK STATE/ NYS REAL ESTATE EXAM 2024 VERSION ALL QUESTIONS CORRECTLY ANSWERED/ BEST GRADE A+
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REAL ESTATE EXAM FOT NEW YORK STATE/ 
NYS REAL ESTATE EXAM 2024 VERSION ALL 
QUESTIONS CORRECTLY ANSWERED/ BEST 
GRADE A+
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Real Estate U Final Exam Questions And Answers 2024/2025
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Real Estate U Final Exam Questions And Answers 2024/2025 
 
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:...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty 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 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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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...
-
NYS Real Estate Exam 2024
- Exam (elaborations) • 27 pages • 2024
- Available in package deal
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- $13.49
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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...
-
NYS Real Estate Practice Exam 2024 With Complete Solution
- Exam (elaborations) • 12 pages • 2024
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NYS Real Estate Practice Exam 2024 With Complete Solution
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NYS REAL ESTATE EXAM 2024 QUESTIONS AND ANSWERS
- Exam (elaborations) • 23 pages • 2024
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NYS REAL ESTATE EXAM 2024 
QUESTIONS AND ANSWERS 
NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers 
Property law name - Answer ️️ -Article 12A 
Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker 
An associate broker... - Answer ️️ -has no broker powers 
A broker... - Answer ️️ -sponsors salespeople and associate brokers 
The salesperson's license is kept by... - Answer ️️ -the broker for whom the salesperson...
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