New York State Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024

New York State Real Estate Salesperson Licensing Exam 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 ️️...

New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must...

NYS REAL ESTATE PRACTICE TEST 2024 Which of the following statements about license laws is INCORRECT? - Answer ️️ -The federal government establish license laws In New York, an individual may obtain a salesperson license at age: - Answer ️️ -18 A salesperson licensee may receive commissi...

New York Real Estate Salesperson Exam Questions and Answers Article 12A: NYS Real Property Law - Answer ️️ -"Real Estate License Law" - violation is a misdemeanor punishable by loss of license, $1000 fine, revoking of license - all salespersons have license suspended - after 1 year broker...

NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amou...

ny real estate exam questions and answers-graded a "real estate broker" - Answer ️️ -any person, firm, limited liability company or corporation, who, for another and for a fee, commission or other valuable consideration, lists for sale, sells, at auction or otherwise, exchanges, buys or re...

New York Real Estate Salesperson (REEDC) Exam Questions and Answers as a real estate sales person, i am practicing - Answer ️️ -special agency as a property manager i am practicing - Answer ️️ -general agency in estate planning i am practicing - Answer ️️ -universal agency if its my...

NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - An...

New York Real Estate Exam with 100% Verified and Updated 2024 Where is the license law written? - Answer ️️ -Article 12-A Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - Department of State or Secretary of State Under NYS Real Property Law, when ...

NYS Real Estate Practice Exam What agency issues real estate licenses? - Answer ️️ -The New York State Department of State (NYDOS), Divison 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 sales pe...

NYS Real Estate Salesperson 2024 Abandonment - Answer ️️ -the surrender or release of a right, a claim or an interest in real property. absorption field - Answer ️️ -a system of narrow trenches through which the discharge from a septic tank infiltrates into the surrounding soil. abstrac...

NY STATE Real Estate U test exam prep questions and answers Department of State responsibility? - Answer ️️ -Responsible for issuing real estate licenses, pock cards, and handing down disciplinary action. Article 12-A NYS real property law outlines - Answer ️️ -Roles and responsibilities...

STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTIONS WITH CORRECT ANSWERS Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code section 3508[A, B], real estate agents are statutory non-employees and are therefore independent contractors. The code also states t...

NYS REAL ESTATE EXAM 2024 QUESTIONS AND ANSWERS NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers Property law name - Answer ️️ -Article 12A Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker An associate broker... - Ans...