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Nyrei test questions Study guides, Class notes & Summaries

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NYREI Test 2023 Questions and Answers

  • NYREI Test 2023 Questions and Answers

  • Exam (elaborations) • 18 pages • 2023
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    • NYREI Test 2023 Questions and Answers Chapter 1 - CORRECT ️️ According to IRS, salespersons are independent contractors (earnings for 1099) Statutory Non-employees Keep records for 3 years Salesperson - 18 +, Broker - 20+ Receive commissions from supervising broker ONLY Broker cannot schedule them or require meetings - only regular supervision Chapter 2, 3, 4 - CORRECT ️️ Principal/ Client - hires agent While customer can see multiple brokers, clients cannot. Licensees are spec...
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NYREI Test Prep Questions and Answers 2024- Graded A

  • NYREI Test Prep Questions and Answers 2024- Graded A

  • Exam (elaborations) • 11 pages • 2024
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NYREI Test Prep Questions and Answers (Graded A)

  • NYREI Test Prep Questions and Answers (Graded A)

  • Exam (elaborations) • 11 pages • 2023
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    • NYREI Test Prep Questions and Answers (Graded A)
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NYREI Test 2023 Questions and Answers

  • NYREI Test 2023 Questions and Answers

  • Exam (elaborations) • 11 pages • 2023
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NYREI Exam Bundle

  • NYREI Exam Bundle

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  • NYREI Test Prep Questions and Answers-Graded A 2 Exam (elaborations) NYREI Test 2023 Questions and Answers-Graded A 3 Exam (elaborations) NYREI Terms Exam Questions and Answers 4 Exam (elaborations) NYREI Study Guide with complete solutions 5 Exam (elaborations) NYREI State Exam Questions and Answers 2023-Graded A 6 Exam (elaborations) NYREI S
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NYREI Exam Review (1-10) Questions and Answers (Graded A)

  • NYREI Exam Review (1-10) Questions and Answers (Graded A)

  • Exam (elaborations) • 22 pages • 2023
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    • NYREI Exam Review (1-10) Questions and Answers (Graded A) According to IRS code, licensed re agents are: - ANSWER ️️ statutory non- employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - ANSWER ️️ 3 years Brokers can provide ______, but salespersons are responsible for _____ incurred - ANSWER ️️ office and supplies, expenses Who issues real estate licenses - ANSWER ️️ NY State Dept of State's Divisi...
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NYREI Test 2023 Questions and Answers-Graded A

  • NYREI Test 2023 Questions and Answers-Graded A

  • Exam (elaborations) • 11 pages • 2023
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NYREI Test Questions with Complete Solutions

  • NYREI Test Questions with Complete Solutions

  • Exam (elaborations) • 6 pages • 2024
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    • NYREI Test Questions with Complete Solutions In his first week on the job, property manager Tim checks the insurance coverage for the building he manages and indicates potential needs for more coverage. This is an example of Tim's obligation to - Answer-a. risk management. What is it called when a lender evaluates a prospective buyer and documents, in writing, that he is willing to loan this buyer up to a certain amount of money? - Answer-b. pre-approval When someone dies without a wi...
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NYREI Test Prep Questions and Answers-Graded A

  • NYREI Test Prep Questions and Answers-Graded A

  • Exam (elaborations) • 11 pages • 2023
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NYREI Test Prep UPDATED Exam Questions and CORRECT Answers

  • NYREI Test Prep UPDATED Exam Questions and CORRECT Answers

  • Exam (elaborations) • 15 pages • 2024
  • NYREI Test Prep UPDATED Exam Questions and CORRECT Answers Where is license law written? - CORRECT ANSWER- Article 12A of NY State Real Property Law Who is responsible for administrative discipline of real estate licensees? - CORRECT ANSWER- Department of State (DOS) or Secretary of State Under NYS Real Property Law, when Dept. of State revokes a salesperson license, the salesperson can't be relicensed until how much time has expired? - CORRECT ANSWER- 1 yea
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