Real estate ny - Study guides, Class notes & Summaries

STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTIONS WITH CORRECT ANSWERS Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code section 3508[A, B], real estate agents are statutory non-employees and are therefore independent contractors. The code also states that there must be a written contract between the broker and the sales associate, also reviewed every 12-15 months · All records must be kept for 3 years · If sales associate not deemed independen...

STUDY GUIDE FOR THE NY REAL ESTATE EXAM

What are 4 major loss exposures covered by CGL Form? LO1 1. Premises Liability (slip and fall due to water on the floor) 2. Operations Liability (Tree trimmer causes damage to power lines by removing fallen limbs) 3. Product Liability (ladder collapses when being used as intended) 4. Completed Operations A contractor installs a hot water heater and leaves the home, 2 days later, water overflows onto the floor causing damage because the hot water heater was improperly installed. ...

STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTIONS WITH CORRECT ANSWERS Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code section 3508[A, B], real estate agents are statutory non-employees and are therefore independent contractors. The code also states that there must be a written contract between the broker and the sales associate, also reviewed every 12-15 months · All records must be kept for 3 years · If sales associate not deemed independen...

Real Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete Solutions - Must be in-writing (according to the Statute of Frauds). - Include a grantor (the person conveying title to the property) . - Include a grantee (the person receiving title). - Contain a granting clause, which...

Real Estate U Pass the NY State Exam 2023-2024 Questions and Answers 100% CorrectReal Estate U Pass the NY State Exam 2023-2024 Questions and Answers 100% CorrectReal Estate U Pass the NY State Exam 2023-2024 Questions and Answers 100% CorrectNYS Department of State - ANSWER-- Primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action - Provides advertising guidelines for brokers Article 12-A of the NYS Real Property Law - ANSWER-Outlines the r...

STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTION AND ANSWERS (VERIFIED ANSWERS)

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STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTIONS AND ANSWERS.