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NYS Real Estate Practice Exam questions and answers latest top score.
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NYS Real Estate Practice Exam questions andanswers latest top score.
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What ‘dagency ‘dissues ‘dreal ‘destate ‘dlicenses? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dThe ‘dNew ‘dYork
‘dState ‘dDepartment ‘dof ‘dState ‘d(NYDOS), ‘dDivison ‘dof ‘dLicensing ‘dServices
At ‘dwhat ‘dage ‘dcan ‘dyou ‘dbecome ‘da ‘dreal ‘destate ‘dsalesperson? ‘d- ‘dAnswer ‘d- ‘d ‘d
‘d18
Do ‘dyou ‘dneed ‘dexperience ‘din ‘dthe ‘dfield ‘dto ‘dbecome ‘da ‘dsales ‘dperson? ‘d- ‘dAnswer
‘d- ‘d ‘d ‘dNo
What ‘dis ‘dthe ‘dminimum ‘dage ‘dto ‘dbecome ‘da ‘dreal ‘destate ‘dbroker? ‘d- ‘dAnswer ‘d- ‘d ‘d
‘d20
If ‘dyour ‘dlicense ‘dis ‘drevoked, ‘dhow ‘dlong ‘ddo ‘dyou ‘dhave ‘dto ‘dwait ‘dto ‘dre-apply ‘dfor
‘dit? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dOne ‘dyear
Do ‘dyou ‘dneed ‘dexperience ‘din ‘dthe ‘dfield ‘dto ‘dbecome ‘da ‘dbroker? ‘d- ‘dAnswer ‘d- ‘d ‘d
‘dYes, ‘dat ‘dleast ‘d2 ‘dyears ‘dof ‘dexperience ‘dand ‘d3200 ‘dpoints
As ‘da ‘dlicensing ‘dsalesperson, ‘dI ‘dcan ‘dreceive ‘dcompensation ‘dfrom ‘dmy? ‘d- ‘dAnswer
‘d- ‘d ‘d ‘dSponsoring ‘dBroker
As ‘da ‘dreal ‘destate ‘dlicensee ‘dyou ‘dwill ‘dmore ‘doften ‘dthan ‘dnot ‘dbe ‘dan ‘d________,
‘dwill ‘dreceive ‘da ‘d____________ ‘dand ‘dwill ‘dfile ‘da ‘d_____________ ‘d- ‘dAnswer ‘d- ‘d ‘d
‘dIndependent ‘dcontractor, ‘d1099, ‘dSchedule ‘dC
Attorneys ‘dadmitted ‘dto ‘dthe ‘dbar ‘din ‘dNYS ‘dare ‘d_____ ‘dfrom ‘dthe ‘dlicensure ‘dlaw,
‘dunless ‘dthey ‘dtake ‘don ‘dsales ‘dpeople ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dExempt
If ‘dyou ‘dmix ‘dyour ‘dclients ‘dmoney ‘dwith ‘dthe ‘doffice ‘doperating ‘dfunds, ‘dit ‘dis
‘dcalled________ ‘dand ‘dyou ‘dhave ‘dviolated ‘dwhich ‘dfiducary ‘dduty? ‘d- ‘dAnswer ‘d- ‘d ‘d
‘dCommingling ‘dfunds ‘dand ‘dAccountability
For ‘dhow ‘dlong ‘ddoes ‘da ‘dbroker ‘dneed ‘dto ‘dkeep ‘dhis/her ‘drecords ‘dfor? ‘d- ‘dAnswer ‘d-
‘d ‘d ‘dThree ‘dyears
, If ‘dmy ‘dlicense ‘dhas ‘dexpired, ‘dfor ‘dhow ‘dlong ‘dcan ‘di ‘dcontinue ‘dto ‘dpractice ‘dreal
‘destate ‘dsales?In ‘dother ‘dwords, ‘dwhat ‘dis ‘dthe ‘dgrace ‘dperiod? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dNo
‘dGrace ‘dPeriod
Your ‘dreal ‘destate ‘dlicense ‘dwith ‘dthe ‘dpocket ‘dcard ‘dwill ‘dbe ‘dsent ‘dto ‘dyour
‘dsponsoring ‘dbroker. ‘dwho ‘dholds ‘dthe ‘dlicense? ‘dWho ‘dholds ‘dthe ‘dpocket ‘dcard? ‘d-
‘dAnswer ‘d- ‘d ‘d ‘dBroker ‘dholds ‘dthe ‘dlicense ‘dand ‘dI ‘dhold ‘dthe ‘dpocket ‘dcard
How ‘dmany ‘dhours ‘dof ‘dcontinuing ‘ded ‘dmust ‘da ‘dsales ‘dperson ‘dtake? ‘d- ‘dAnswer ‘d- ‘d
‘d ‘d22.5 ‘dhours
As ‘da ‘dreal ‘destate ‘dsales ‘dperson, ‘dyou ‘dhave ‘dto ‘dtake ‘dcontinuing ‘ded ‘dclasses
‘devery? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘d2 ‘dyears
There ‘dis ‘dalso ‘da ‘dcomponent ‘dof ‘d_________ ‘drequired ‘devery ‘dtwo ‘dyears. ‘d-
‘dAnswer ‘d- ‘d ‘d ‘dFair ‘dhousing
Are ‘dReal ‘dEstate ‘dbrokers ‘dalso ‘drequired ‘dto ‘dtake ‘dthe ‘dCE ‘dclasses? ‘d- ‘dAnswer ‘d-
‘d ‘d ‘dYes
If ‘da ‘dseller ‘ddecides ‘dnot ‘dto ‘dprovide ‘dthe ‘dpurchaser ‘dwith ‘dthe ‘dProperty ‘dCondition
‘dDisclosure ‘dForm, ‘dhow ‘dmuch ‘dof ‘da ‘dreduction ‘din ‘dprice ‘ddoes ‘dhe ‘dhave ‘dto
‘dgive? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘d$500
If ‘dyou ‘dare ‘da ‘dindependent ‘dcontractor ‘dwhat ‘dcan ‘da ‘dbroker ‘dprovide ‘dto ‘dyou? ‘d-
‘dAnswer ‘d- ‘d ‘d ‘dTelephone
As ‘dan ‘dindependent ‘dcontractor ‘dare ‘dyou ‘dpaid ‘dfor ‘dthe ‘dhours ‘dyou ‘dput ‘dinto ‘da
‘ddeal, ‘dor ‘dfor ‘d"production'? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dno
What ‘dis ‘dthe ‘dterm ‘dof ‘da ‘dreal ‘destate ‘dlicensure? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘d two ‘dyears
If ‘di ‘dwas ‘da ‘dreal ‘destate ‘dlicensee ‘dand ‘dwanted ‘dto ‘dapply ‘dto ‘dbecome ‘da
‘dmortgage ‘dbroker, ‘dhow ‘dmany ‘dyears ‘dof ‘dexperience ‘dwould ‘di ‘dneed? ‘d- ‘dAnswer
‘d- ‘d ‘d ‘dTwo ‘dYears
Violation ‘dof ‘dreal ‘destate ‘dLicensee ‘dlaw ‘dis ‘da? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘d Misdemeanor
What ‘dis ‘dthe ‘dpossible ‘dpenalty ‘dof ‘dviolating ‘dReal ‘dEstate ‘dLicensee ‘dLaw? ‘d-
‘dAnswer ‘d- ‘d ‘d ‘d$1000 ‘dfine, ‘dand ‘dup ‘dto ‘done ‘dyear ‘din ‘djail
What ‘dis ‘dthe ‘dvery ‘dfirst ‘ddocument ‘dyou ‘dshould ‘dfill ‘dout ‘dwith ‘da ‘dclient ‘dor
‘dcustomer? ‘d- ‘dAnswer ‘d- ‘d ‘d ‘dAgency ‘dDisclosure ‘dForm
At ‘dwhat ‘dmoment ‘dshould ‘dyou ‘dtake ‘dout ‘dthe ‘dAgency ‘dDisclosure ‘dform? ‘d-
‘dAnswer ‘d- ‘d ‘d ‘dAt ‘dfirst ‘dSubstantive ‘dContact
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