Blind ad - Study guides, Class notes & Summaries
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Final NYS Exam Review Questions And Answers
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Final NYS Exam Review Questions And Answers 
 
NYS Department of State - ANS The Department of State is primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action. 
Article 12-A of the NYS Real Property Law outlines the roles/duties of the Department of State. 
 
Commissions - ANS Commissions are paid by the client (buyer or seller depending on the transaction) to the brokers involved in the transaction. 
A typical commission in New York is 6%...
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Champions School of Real Estate - Exam Prep Exam Questions with 100% correct answers | verified
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Buyer Representation Agreement - An employment contract obligating a broker to act as a 
fiduciary to a buyer 
Implied Agency - Agency as a result of customary, usual or typical conditions 
Broker - A properly licensed party who serves a principal in an agency relationship- also called 
an agent 
Client - A party represented by a broker in an agency relationship - also called a principal 
Duties of an Agent - An agent owes his client obedience, loyalty, disclosure, confidentiality, 
accounting a...
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Champions School of Real Estate - Exam Prep
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Champions School of Real Estate - Exam Prep 
Buyer Representation Agreement 
An employment contract obligating a broker to act as a fiduciary to a buyer 
 
 
Implied Agency 
Agency as a result of customary, usual or typical conditions 
 
 
Broker 
A properly licensed party who serves a principal in an agency relationship- also called an agent 
 
 
Client 
A party represented by a broker in an agency relationship - also called a principal 
 
 
Duties of an Agent 
An agent owes his client obedienc...
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ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions
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ASREB Practice Exam, Sessions 1-18, Study 
Guide with Complete Solutions 
ASREB - Correct Answer ️️ - 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 - Correct Answer ️️ -B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication tha...
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ASREB Practice Exam from Book Qs & As Verified 100% Correct!!
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ASREB Practice Exam from Book Questions & Answers Verified 100% Correct!! 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 
b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not 
c. gives no indication that the property is listed with a broker 
A borrow...
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ASREB Practice Exam Questions With 100% Correct Answers.
- Exam (elaborations) • 15 pages • 2023
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ASREB Practice Exam Questions With 100% Correct Answers. 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 
b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not 
c. gives no indication that the property is listed with a broker 
A borrower is required to...
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NY STATE POST EXAM QUESTIONS WITH COMPLETE SOLUTIONS 2024.
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Department of State responsibility? - Answer Responsible for issuing real estate licenses, pock cards, and handing down disciplinary action. 
 
Article 12-A NYS real property law outlines - Answer Roles and responsibilities of department of state. 
 
Typical commission in NY? - Answer 6% 
 
Commissions are ______ and determined by____? - Answer -Negotiable 
 
-both client and broker 
 
Blind ad - Answer An ad that remains anonymous as to who is advertising. Which is illegal 
 
Wh...
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Leasing Study Guide Exam Questions With Verified Solutions.
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In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was held for how many months? - Answer 6 
 
Which of the following does not require disclosure? 
A. Radon B. Felons living onsite C. Lead-based paint D. Termites - Answer felons living onsite 
 
What was the date of the first civil rights act? - Answer 1866 
 
Is it permissable to refuse to rent to a person with a poor credit history? - Answer yes 
 
Who is acceptable to redline? - Answer len...
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+
- Exam (elaborations) • 51 pages • 2023
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ 
 
ASREB 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 
B 
 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication that the property has bene ...
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CDE Practice Exam 1 Questions & Answers(RATED A)
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A community pharmacy wants to offer a fee-for-service diabetes patient education program to its customers. Which of the following is the MOST appropriate way to market this new program? 
A. Place an ad in the regional paper 
B. Place flyers in every prescription bag 
C. Send out letters to local hospital administrators 
D. Contact the top 3 insurance companies in the state - ANSWER B. Place flyers in every prescription bag 
In a fee-for-service environment, where patients pay out-of-pocket, the ...
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