Nyrei school exam Study guides, Class notes & Summaries

NYREI School Exam Questions With 100% Correct Answers 2023

NYREI SCHOOL EXAM QUESTIONS AND ANSWERS

NYREI School Exam questions with verified answers well illustrated 1. What is the minimum licensing requirement to sell commercial real estate in New York? --*:correct answers:*--a real estate salesperson's license 2. What is the preferred method of creating an agency relationship? --*:correct answers:*--expressed agency 3. An amenity purchaser --*:correct answers:*--occupies or uses the purchased property 4. Condominium units are considered _____ property and are conveyed by _____. --*:c...

NYREI School Exam with correct Answers

NYREI School Exam NYREI School Exam with complete solutions

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 ...

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 Graded A+. 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...

A _____ has a fiduciary obligation to a _____. - property manager / property owner A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss factor? - 20.9% A buyer is considering a house with asbestos insulation coating the water pipes. What should the buyer be most concerned about? - Asbestos can contaminate the house if removed improperly since airborne particles are dangerous. A buyer makes an offer, contingent on sell...

NYREI School Exam Questions and Answers 100% CorrectNYREI School Exam Questions and Answers 100% CorrectNYREI School Exam Questions and Answers 100% CorrectNYREI School Exam Questions and Answers 100% CorrectNYREI School Exam Questions and Answers 100% CorrectNYREI School Exam Questions and Answers 100% CorrectA 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 residenti...

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 system As a measure of the force that pushes electrici...