Nyrei school exam Study guides, Class notes & Summaries

1866 Civil Rights Act prohibits discrimination on: - race A broker must: - give all offers to seller A house has many liens, in foreclosure, which lien is paid first? - property tax a house has many liens. in foreclosure which is paid first - real property tax a large increase in amount of money in circulation without a corresponding increase in goods and services to be purchased results in - inflation a lawsuit filed to close a missing link in chain of title is: - a suit to quiet title A...

NYREI School Exam Questions and Answers (100%Correct Solutions). What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent co...

NYREI School Exam Questions and Answers (100%Correct Solutions). What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent co...

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 syste...

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 (Graded A+) A salesperson who is an independent contractor - ANSWER is not subject to withholding requirements. A homeowner facing foreclosure has a number of liens: The original mortgage, a mechanic's lien from six months ago, a judgment lien from two years ago, and a property tax lien that was just filed. When the property is sold, which lien will be paid first from the proceeds? - ANSWER property tax lien What is ...

NYREI School Exam with correct Answers 100%

NYREI School Exam 2024 Questions With All Correct Answers!!

What is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license What is the preferred method of creating an agency relationship? - correct answer expressed agency An amenity purchaser - correct answer occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - correct answer real / deed A salesperson who is an independent contractor - correct a...

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 Graded. What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an...

What is the minimum licensing requirement to sell commercial real estate in New York? CORRECT ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? CORRECT ANSWER expressed agency An amenity purchaser CORRECT ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. CORRECT ANSWER real / deed A salesperson who is an independent contractor CORRECT ANSWER is not subjec...