Ny real estate exam Study guides, Class notes & Summaries

REVIEW QUESTIONS AND ANSWERS FOR NY REAL ESTATE EXAM; Updated 2024 WITH CORRECT QUESTIONS AND ANSWERS 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - correct answers-B: Salesperson can accept compensation only from their sponsoring broker.

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sa...

NY Real Estate Practice Exam Questions and Answers 2023

According to the New York State real property law, a real estate salespersons license is issued for a term of how many years? - ans 2 years 2. What type of residential real property transfer would require a property condition disclosure statement? - ans Newly constructed property that has not been previously inhabited 3. What happens to the licenses of salesperson's if they're sponsoring broker's license is revoked or suspended? - ans They are suspended 4. A listing broke...

REVIEW QUESTIONS AND ANSWERS FOR NY REAL ESTATE EXAM;Updated 2022

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REVIEW QUESTIONS FOR NY REAL ESTATE EXAM 2023 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would...

According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? Two What happens to the licenses of salespersons if their sponsoring broker's license is revoked? They are suspended Which type of residential real property transfer would require a property to condition disclosure statement? Lease with an option to purchase A listing broker for the seller has a buyer-client who asks to see the listing. This req...

NY REAL ESTATE EXPRESS EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS