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NYREI School Exam 2024 Questions With All Correct Answers!! $12.99   Add to cart

Exam (elaborations)

NYREI School Exam 2024 Questions With All Correct Answers!!

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NYREI School Exam 2024 Questions With All Correct Answers!!

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  • August 29, 2024
  • 64
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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191 Multiple choice questions

Term 1 of 191
seller tells pam not to show to minorities what must pam do?

salesperson

reduce

refuse

confess

Term 2 of 191
who oversees management of a co-op

audit committee

covenant of seizin

corporation

board of directors

Term 3 of 191
A licensee gets listings by telling homeowners that values will go down when immigrants move in.
Licensee is guilty of

redlining

steering


blockbusting

reverse appraising

,Term 4 of 191
what mortgage is used in release land subdivision financing

leasehold

blanket


negative amortization


package

Term 5 of 191
Commingling violates which duty?

confidentiality


responsibility

accountability

liability

Term 6 of 191
what are amounts paid to lender at loan organization to account for the difference between
market interest rate and lower contract rate of the note?

negative amortization

interest rate and loan fee and points


discount points

discount rate

,Term 7 of 191
title to a co-op apt is held by

the partnership

negative amortization

sociocultural forces


the corporation

Term 8 of 191
An agent who discusses commission rates changed by his broker with someone from another
company could be accused of which anti - trust violation?

price - fixing


tie - in agreement

replacement costs

manufacturing

Term 9 of 191
which deed affords greatest protection to buyer?

full covenant and warranty

seisin

bargain and sale


general warranty deed

, Term 10 of 191
what substance destroys ozone?

Lead

Shelters

CFCs


Pcbs

Term 11 of 191
what insurance policy would ensure that full amount needed to cover loss of belongings from a
fire is paid

appraisal costs

internal failure costs

prevention costs

replacement costs

Term 12 of 191
What diseases does asbestos cause?

confidentiality

falling objects

lung = asbestos + mesothelioma

% lease

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