Nyrei school exam - Study guides, Class notes & Summaries

NYREI School Exam Questions and Answers (100%Correct Solutions). What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent co...

A vertical piece used to frame a structure is called a: CORRECT ANSWER stud What are horizontal parallel framing boards used to support floor loads? CORRECT ANSWER joist With regard to residential insulation, what does R- value refer to? CORRECT ANSWER resistant to heat transfer What is the standard ventilation rate? CORRECT ANSWER 15 cubic feet per min (CFM) per person What system delivers heat and AC through the same ducts? CORRECT ANSWER Forced warm air system As a measure of t...

A vertical piece used to frame a structure is called a: CORRECT ANSWER stud What are horizontal parallel framing boards used to support floor loads? CORRECT ANSWER joist With regard to residential insulation, what does R- value refer to? CORRECT ANSWER resistant to heat transfer What is the standard ventilation rate? CORRECT ANSWER 15 cubic feet per min (CFM) per person What system delivers heat and AC through the same ducts? CORRECT ANSWER Forced warm air system As a measure of t...

NYREI School Exam 2024 Questions With All Correct Answers!!

NYREI School Exam Questions and Answers (100%Correct Solutions). What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent co...

What is the minimum licensing requirement to sell commercial real estate in New York? - ans a real estate salesperson's license What is the preferred method of creating an agency relationship? - ans expressed agency An amenity purchaser - ans occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ans real / deed A salesperson who is an independent contractor - ans is not subject to withholding req...

NYREI School Exam Questions and Answers (100%Correct Solutions). What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent co...

NYREI School Exam Guide Questions and CORRECT Answers A vertical piece used to frame a structure is called a: - Ans stud What are horizontal parallel framing boards used to support floor loads? - Ans joist With regard to residential insulation, what does R- value refer to? - Ans resistant to heat transfer What is the standard ventilation rate? - Ans 15 cubic feet per min (CFM) per person

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 (Graded A+) A salesperson who is an independent contractor - ANSWER is not subject to withholding requirements. A homeowner facing foreclosure has a number of liens: The original mortgage, a mechanic's lien from six months ago, a judgment lien from two years ago, and a property tax lien that was just filed. When the property is sold, which lien will be paid first from the proceeds? - ANSWER property tax lien What is ...

NYREI SCHOOL EXAM QUESTIONS AND ANSWERS