New York State Real Estate Salesperson License Exam With Complete Answers 2024.

In NYS, how old must one be to enter into contracts? - Answer 18 What other capability should they possess? - Answer Mental and emotional capability What happens if one of the parties to the contract is a minor? - Answer The contract is voidable by the minor What does the zoning board of appeals do? - Answer Grants variances What regulates construction standards in NYS? - Answer Building codes What does municipal engineer's office do? - Answer Oversees planning and construction of major highways, sweet systems and water connections If a property ad states that the property is near the vicinity of a geographical area, what else mud the ad include? - Answer It must include the name of the geographical area where the property is actually located Who is usually exempt from property taxes? - Answer Disabled, veterans, farmers, elderly gold star parents *kids die in the war, star program homeowners Who is not usually exempt from property taxes? - Answer Second home owners What covers fully or personal property lost in a fire? - Answer Replacement cost