NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials
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NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials
Which of the following can do the transaction without having a real estate license?
A) A non-profit corporation negotiating rent for a branch office
B) An office tenant negotiating rent on behalf of another tenant
C) An...
NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy
Quality Materials
Which of the following can do the transaction without having a real estate
license?
A) A non-profit corporation negotiating rent for a branch office
B) An office tenant negotiating rent on behalf of another tenant
C) An executor selling property as part of the instructions left in a will
D) A building superintendent collecting rent
E) A salesperson who let her license expire and is selling property for a neighbor
for a fee
A)
C)
D)
Which of these define a real estate broker?
A) A licensed broker who chooses to work under the supervision and name of
another licensed broker
B) A person associated with a licensed broker who performs real estate activities
under the licensed broker's supervision
C) Any person, firm, company, or corporation that performs real estate activities
for a fee or compensation of any kind
C) Any person, firm, company, or corporation that performs real estate activities for a
fee or compensation of any kind
If the activity is "for another, for a fee", then it requires a ________
Real estate license
A Real Estate Broker must meet which of the following criteria?
A) Age
B) Course Hour
C) How long have they hold the license
A) At least 20 years old
B) Completed 120-hour course and passed the broker exam
C) She held a real estate license for two years
When is a real estate license required?
A) When performing maintenance work for one property owner
B) When performing real estate activities for others, for compensation of any kind
, C) When performing real estate activities for others, without compensation
D) When performing real estate activities for yourself
B)
Which of the following persons can perform real estate services without a
license?
A) Carolee, an attorney who sometimes acts as a broker but who does not employ
salespeople to work under her supervision
B) Mabel, who charges a flat fee to assist individuals in buying properties
C) Paul, who has three years' prior real estate experience and charges a flat fee to
assist individuals in selling properties
D) Zeke, an attorney who acts as a broker and who employs two salespeople to
work under his supervision
A)
T/F
Your sponsoring broker must display your salesperson's license at the branch
where you work
False
T/F
You must carry your Pocket Card on you at all times
True
Theresa let her real estate license lapse a few months ago, but she's thinking
about reactivating it. If she meets all the requirements for renewal within
________ of the expiration of her license, she won't have to retake the state
licensing exam.
A) 12 months
B) 30 days
C) 90 days
D) Two years
D) Tw0 Years
The earliest that a real estate license can be renewed is ________ before its
expiration date.
A) 10 days
B) One year
C) Six months
D) Three months
D) Three Months
Bailey, a salesperson, renewed his real estate license right on time 18 months
ago. He will need to renew his license again _________.
A) Immediately
B) In 24 months
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