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NYREI EXAM BUNDLE PACK WITH COMPLETE SOLUTIONS| LATEST UPDATE
NYREI EXAM BUNDLE PACK WITH COMPLETE SOLUTIONS| LATEST UPDATE
[Show more]NYREI EXAM BUNDLE PACK WITH COMPLETE SOLUTIONS| LATEST UPDATE
[Show more]NYREI practice exam questions and answers 
For the income approach to appraisal, value is a reference to what? - CORRECT ️️ 
the worth of the investment 
Which method of property description is most frequently used in New York State? 
- CORRECT ️️ Metes and bounds 
One important characterist...
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Add to cartNYREI practice exam questions and answers 
For the income approach to appraisal, value is a reference to what? - CORRECT ️️ 
the worth of the investment 
Which method of property description is most frequently used in New York State? 
- CORRECT ️️ Metes and bounds 
One important characterist...
NYREI practice exam questions and answers 
For the income approach to appraisal, value is a reference to what? - CORRECT ️️ 
the worth of the investment 
Which method of property description is most frequently used in New York State? 
- CORRECT ️️ Metes and bounds 
One important characterist...
Preview 2 out of 10 pages
Add to cartNYREI practice exam questions and answers 
For the income approach to appraisal, value is a reference to what? - CORRECT ️️ 
the worth of the investment 
Which method of property description is most frequently used in New York State? 
- CORRECT ️️ Metes and bounds 
One important characterist...
NYREI quiz questions with correct answers 2023 
Greg lists his home with PDQ Realty allowing them to put a sign in the yard, list it 
in MLS, and advertise it in the local newspaper. During the listing period, Greg 
sells the home to his brother and is not obligated to pay PDQ any commission. 
What ...
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Add to cartNYREI quiz questions with correct answers 2023 
Greg lists his home with PDQ Realty allowing them to put a sign in the yard, list it 
in MLS, and advertise it in the local newspaper. During the listing period, Greg 
sells the home to his brother and is not obligated to pay PDQ any commission. 
What ...
NYREI Review Packet Exam with complete solutions 
What agency issues real estate licenses? - ANSWER ️️ Department of State or 
Division of licensing Services 
At what age can you become a real estate salesperson? - ANSWER ️️ 18 
Do you need experience in the field to become a salesperson? - ...
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Add to cartNYREI Review Packet Exam with complete solutions 
What agency issues real estate licenses? - ANSWER ️️ Department of State or 
Division of licensing Services 
At what age can you become a real estate salesperson? - ANSWER ️️ 18 
Do you need experience in the field to become a salesperson? - ...
NYREI School Test 2024 
Age of salesperson - ANSWER ️️ 18 
Experience for sales person - ANSWER ️️ No 
Age of broker - ANSWER ️️ 20 
Broker experience - ANSWER ️️ 2 years experience and 3500 points 
How long to reapply for license - ANSWER ️️ One full year 
Confidentiality - ANSW...
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Age of salesperson - ANSWER ️️ 18 
Experience for sales person - ANSWER ️️ No 
Age of broker - ANSWER ️️ 20 
Broker experience - ANSWER ️️ 2 years experience and 3500 points 
How long to reapply for license - ANSWER ️️ One full year 
Confidentiality - ANSW...
NYREI STATE EXAM GROUP TUTORING 
According to the New York State Real Property Law, a real estate salesperson's 
license is issued for a term of how many years? - CORRECT ️️ Two 
What type of residential real property transfer would require a property condition 
disclosure statement? - CORRECT ...
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Add to cartNYREI STATE EXAM GROUP TUTORING 
According to the New York State Real Property Law, a real estate salesperson's 
license is issued for a term of how many years? - CORRECT ️️ Two 
What type of residential real property transfer would require a property condition 
disclosure statement? - CORRECT ...
NYREI Study Guide with complete solutions (Graded A) 
Article 12A, Licensee - CORRECT ️️ -Real Estate License Law 
-Licensee is a broker or salesperson who holds a NY state real estate license 
-Can't work in real estate unless the licensee has a license broker to supervise 
-If a salesperson o...
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Add to cartNYREI Study Guide with complete solutions (Graded A) 
Article 12A, Licensee - CORRECT ️️ -Real Estate License Law 
-Licensee is a broker or salesperson who holds a NY state real estate license 
-Can't work in real estate unless the licensee has a license broker to supervise 
-If a salesperson o...
NYREI Terms Exam Questions and Answers 
Accession - CORRECT ️️ Gives property owners the right to everything 
produced by their land 
Accessory Apartment - CORRECT ️️ an apartment within a single family 
dwelling 
Accord and Satisfaction - CORRECT ️️ an agreement to accept something 
dif...
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Add to cartNYREI Terms Exam Questions and Answers 
Accession - CORRECT ️️ Gives property owners the right to everything 
produced by their land 
Accessory Apartment - CORRECT ️️ an apartment within a single family 
dwelling 
Accord and Satisfaction - CORRECT ️️ an agreement to accept something 
dif...
NYREI Test 2023 Questions and Answers 
Chapter 1 - CORRECT ️️ According to IRS, salespersons are independent 
contractors (earnings for 1099) 
Statutory Non-employees 
Keep records for 3 years 
Salesperson - 18 +, Broker - 20+ 
Receive commissions from supervising broker ONLY 
Broker cannot sche...
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Add to cartNYREI Test 2023 Questions and Answers 
Chapter 1 - CORRECT ️️ According to IRS, salespersons are independent 
contractors (earnings for 1099) 
Statutory Non-employees 
Keep records for 3 years 
Salesperson - 18 +, Broker - 20+ 
Receive commissions from supervising broker ONLY 
Broker cannot sche...
NYREI TEST WITH COMPLETE SOLUTIONS 
In his first week on the job, property manager Tim checks the insurance coverage 
for the building he manages and indicates potential needs for more coverage. This 
is an example of Tim's obligation to - CORRECT ️️ a. risk management. 
What is it called when ...
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In his first week on the job, property manager Tim checks the insurance coverage 
for the building he manages and indicates potential needs for more coverage. This 
is an example of Tim's obligation to - CORRECT ️️ a. risk management. 
What is it called when ...
NYREI - Study Material Questions with correct Answers 
Highest and Best - CORRECT ️️ legal, possible thing to do with real estate to 
maximize value 
Can real estate salespersons appraise? - CORRECT ️️ No 
Appraisal - CORRECT ️️ An objective opinion of value, done by licensed 
appraisers...
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Add to cartNYREI - Study Material Questions with correct Answers 
Highest and Best - CORRECT ️️ legal, possible thing to do with real estate to 
maximize value 
Can real estate salespersons appraise? - CORRECT ️️ No 
Appraisal - CORRECT ️️ An objective opinion of value, done by licensed 
appraisers...
NYREI Chapter 1 + Chapter 1A Exam 
Questions and Answers 
independent contractor - CORRECT ️️ Independent contractor must pay his own 
expenses. 
· According to IRS code section 3508[A, B], real estate agents are statutory 
nonemployees and are therefore independent contractors. The code also s...
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Questions and Answers 
independent contractor - CORRECT ️️ Independent contractor must pay his own 
expenses. 
· According to IRS code section 3508[A, B], real estate agents are statutory 
nonemployees and are therefore independent contractors. The code also s...
NYREI EXAM 3 QUESTIONS WITH CORRECT ANSWERS 
At what point must a sale person present agency disclosure form to a consumer - 
CORRECT ️️ First substantive contract 
someone walk into an open house listing agent must present agency disclosure 
before - CORRECT ️️ answering question about hous...
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Add to cartNYREI EXAM 3 QUESTIONS WITH CORRECT ANSWERS 
At what point must a sale person present agency disclosure form to a consumer - 
CORRECT ️️ First substantive contract 
someone walk into an open house listing agent must present agency disclosure 
before - CORRECT ️️ answering question about hous...
NYREI Exam Prep Exam Questions & Answers 
A leasehold estate that continues for a successive periods of equal length until 
terminated by proper notice from either party is a - CORRECT ️️ Periodic 
tenancy 
Physical land and everything attached to it is called - CORRECT ️️ Real Estate 
Equip...
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Add to cartNYREI Exam Prep Exam Questions & Answers 
A leasehold estate that continues for a successive periods of equal length until 
terminated by proper notice from either party is a - CORRECT ️️ Periodic 
tenancy 
Physical land and everything attached to it is called - CORRECT ️️ Real Estate 
Equip...
NYREI exam question 2 with correct answers 
what is fine if seller doesn't give proper condition disclosure before buyer signs 
sale contract? - CORRECT ️️ $500 
seller wants $140,000 on his sale. he must pay $44,500 mortgage and 12,600 
closing costs. the commission is 6% what must sale price ...
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what is fine if seller doesn't give proper condition disclosure before buyer signs 
sale contract? - CORRECT ️️ $500 
seller wants $140,000 on his sale. he must pay $44,500 mortgage and 12,600 
closing costs. the commission is 6% what must sale price ...
NYREI Exam Review (1-10) Questions and Answers (Graded A) 
According to IRS code, licensed re agents are: - ANSWER ️️ statutory non- 
employees who are treated as independent contractors for tax purposes 
Each licensed broker shall keep and maintain records for: - ANSWER ️️ 3 years 
Brokers ...
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Add to cartNYREI Exam Review (1-10) Questions and Answers (Graded A) 
According to IRS code, licensed re agents are: - ANSWER ️️ statutory non- 
employees who are treated as independent contractors for tax purposes 
Each licensed broker shall keep and maintain records for: - ANSWER ️️ 3 years 
Brokers ...
NYREI Important Terms Exam 2023 
Questions and Answers 
Article 12A, Licensee: - ANSWER ️️ Article 12A is part of the NY. State Real 
Property Law known as "Real Estate License Law." And it is the article that states 
the things that can and cannot. Be done with our license. 
Capital Gains Tax...
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Add to cartNYREI Important Terms Exam 2023 
Questions and Answers 
Article 12A, Licensee: - ANSWER ️️ Article 12A is part of the NY. State Real 
Property Law known as "Real Estate License Law." And it is the article that states 
the things that can and cannot. Be done with our license. 
Capital Gains Tax...
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