Latest nyrei exam 2024 - Study guides, Class notes & Summaries

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 abestos covering the water pipes, what should the buywe be most concerned about? - Abestos can contaiminate the house if removed improperly since airborne particles are dangerous A homeowner wants to net $140,000 on his house, if closing costs are $12,600 and he owes $44,500 on current morgage, and is pauing 6% com...

block and lot - ANS Which type of legal description uses a survey map of a subdivision? exclusive right to sell - ANS Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission age - ANS Which protected class is NOT covered by New York State law but may be covered by a specific municipality? 42,000 - ANS Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the ...

NYREI Exam Prep >> Complete Questions And Answers Latest|2024

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Verified) Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real estate? SEC Oksana was a broker in Russia, with a very poor understand...

NYREI EXAM QUESTIONS WITH ANSWERS LATEST UPDATE 2024/2025 (100% CORRECT ANSWERS) Which method of property description is most frequently used in New York State? - ANSWER Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - ANSWER liquidity. Who sets the legal description? - ANSWER surveyor Dwelling policies generally exclude - ANSWER water damage. John is gathering up his paperwork to...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Correct) Which article of real property law deals with licensees? Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real es...

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

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 (Graded A+) A salesperson who is an independent contractor - ANSWER is not subject to withholding requirements. A homeowner facing foreclosure has a number of liens: The original mortgage, a mechanic's lien from six months ago, a judgment lien from two years ago, and a property tax lien that was just filed. When the property is sold, which lien will be paid first from the proceeds? - ANSWER property tax lien What is ...

NYREI PRACTICE EXAM QUESTIONS WITH ANSWERS LATEST UPDATE 2024/2025 (100% CORRECT ANSWERS) GRADED A+. Which method of property description is most frequently used in New York State? - ANSWER Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - ANSWER liquidity. Who sets the legal description? - ANSWER surveyor Dwelling policies generally exclude - ANSWER water damage. John is gathering ...