New york real estate exam - Study guides, Class notes & Summaries

New York Real Estate Exam Official Study Guide Questions| with Complete Solutions

New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring broker The end of a license term for a real estate person is - Answer ️️ -2 years from issue date If a brokers license is revoked the salespersons license - ...

Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam Real Estate U Final Exam Study Guide| Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam Article 12-A of the NYS Real Property Law The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be ...

New York Real Estate Exam Prep Correct answers latest update

New York Real Estate Exam Prep

New York Real Estate Exam Prep Questions and Answers The situation with the most potential for conflict is when a real estate licensee acts as a: -Dual Agent -Buyers Broker -Sellers Agent -Transaction Broker - Answer ️️ --Dual Agent A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situations: -The broker has viola...

What agency issues real estate licenses? NYS DOS, DIVISION OF LICENSING At what age can you become a real estate salesperson? 18 Do you need experience in the field to become a salesperson? No What is the minimum age to become a real estate broker? 20 Do you need experience in the field to become a broker? Yes, 3500 points (35hrs weekly for 100 weeks) If your license is revoked, how long do you have to wait to reapply 1 year As a licensed salesperson, I can receive compensation from ___. ...

The situation with the most potential for conflict is when a real estate licensee acts as a: -Dual Agent -Buyers Broker -Sellers Agent -Transaction Broker -Dual Agent A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situations: -The broker has violated his agency relationship with the seller -The broker was unethical, ...

New York real estate exam