Nys insurance licensing Study guides, Class notes & Summaries

NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license What is the preferred method of creating an agency relationship? expressed agency An amenity purchaser occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. real / deed A salesperson who is an independent contractor is not subject to withholding r...

NYS Insurance Licensing Exam Latest 2024 Graded A insurance transfers - Answer️️ - the risk of an loss for an individual or business to an insurance company which spreads out the costs to many individuals agency contract - Answer️️ - a contract that is held between insurer and an agent/producer containing the expressed authority given to the agent/producer, and the duties/responsibilities to the principal, any agent in violation of the agency contract may be held personally liable t...

nsurance transfers the risk of an loss for an individual or business to an insurance company which spreads out the costs to many individuals agency contract a contract that is held between insurer and an agent/producer containing the expressed authority given to the agent/producer, and the duties/responsibilities to the principal, any agent in violation of the agency contract may be held personally liable to the insurer agent legal representative of a an insurance company that acts for anot...

NYS Life, accident, and health insurance Exam 2024 Which of the following would not be a requirement to obtain an Agent or Broker's license in New York? A. Be 18 years of age B. Be a resident of NY State for at least 10 years C. Complete a pre-approved insurance licensing course D. Pay applicable fees and pass required examination - Answer ️️ -Answer: B. Be a resident of NY State for at least 10 years There is no time requirement for residency. An applicant must be a resident of NYS...

NYS Life, accident, and health insurance Exam 2024 Which of the following would not be a requirement to obtain an Agent or Broker's license in New York? A. Be 18 years of age B. Be a resident of NY State for at least 10 years C. Complete a pre-approved insurance licensing course D. Pay applicable fees and pass required examination - Answer ️️ -Answer: B. Be a resident of NY State for at least 10 years There is no time requirement for residency. An applicant must be a resident of NYS...

NJ NOTARY PUBLIC LICENSING EXAM (2023/24) WITH COMPLETE QUESTIONS & 100% CORRECT ANSWERS WITH RATIONALES WELL EXPLAINED BY EXPERTS ALREADY PASSED!!!!! GRADED A+ 2024 LATEST UPDATE WITH 100% GUARANTEED SUCCESS AFTER DOWNLOAD (ALL YOU NEED TO PASS YOUR EXAMS) $60 The term for a notary public in NYS is? Four years Applicants who want to write the NYS notary exam have? The choice of visiting any testing center in the state In general, a notary public in NYS is commissioned to practice in wha...

New York State Real Estate Salesperson Licensing Exam Questions and Answers In NYS, how old must one be to enter into contracts? - Answer- 18 What other capability should they possess? - Answer- Mental and emotional capability What happens if one of the parties to the contract is a minor? - Answer- The contract is voidable by the minor What does the zoning board of appeals do? - Answer- Grants variances What regulates construction standards in NYS? - Answer- Building codes What does muni...

Colibri Real Estate Exam Questions and Complete Solutions During which stage of a real estate transaction must the licensee remember to impart information to the seller regarding the potential buyer's qualifications and the quality of the offer being presented? - Answer: During the negotiation stage Why should real estate licensees have good knowledge of the loan programs that are currently available from local banks and other lenders? - Answer: Financing is a critical part of the transac...