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[Show more]What is the age and experience requirement to apply for a broker license? 
b. 20 years old and at least two years of experience 
 
 
 
A broker who deposits escrow funds into his brokerage business account is guilty of 
a. commingling 
 
 
 
New York State's authority under police power to fine, is...
Preview 2 out of 8 pages
Add to cartWhat is the age and experience requirement to apply for a broker license? 
b. 20 years old and at least two years of experience 
 
 
 
A broker who deposits escrow funds into his brokerage business account is guilty of 
a. commingling 
 
 
 
New York State's authority under police power to fine, is...
What agency issues real estate licenses? 
Department of State or Division of licensing Services 
 
 
 
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 ...
Preview 2 out of 15 pages
Add to cartWhat agency issues real estate licenses? 
Department of State or Division of licensing Services 
 
 
 
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 ...
block and lot 
Which type of legal description uses a survey map of a subdivision? 
 
 
 
exclusive right to sell 
Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission 
 
 
 
age 
Which protected class is NOT covered by New York State law but ma...
Preview 2 out of 8 pages
Add to cartblock and lot 
Which type of legal description uses a survey map of a subdivision? 
 
 
 
exclusive right to sell 
Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission 
 
 
 
age 
Which protected class is NOT covered by New York State law but ma...
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 
 
 
 
Condominiu...
Preview 2 out of 8 pages
Add to cartWhat 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 
 
 
 
Condominiu...
For the income approach to appraisal, value is a reference to what? 
the worth of the investment 
 
 
 
Which method of property description is most frequently used in New York State? 
Metes and bounds 
 
 
 
One important characteristic of investing caused Bill to invest in certificates of deposit ...
Preview 2 out of 9 pages
Add to cartFor the income approach to appraisal, value is a reference to what? 
the worth of the investment 
 
 
 
Which method of property description is most frequently used in New York State? 
Metes and bounds 
 
 
 
One important characteristic of investing caused Bill to invest in certificates of deposit ...
A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a 
Periodic tenancy 
 
 
 
Physical land and everything attached to it is called 
Real Estate 
 
 
 
Equipment a tenant installs for use in his or her business is called ...
Preview 4 out of 77 pages
Add to cartA leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a 
Periodic tenancy 
 
 
 
Physical land and everything attached to it is called 
Real Estate 
 
 
 
Equipment a tenant installs for use in his or her business is called ...
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