Nyrei test questions - Study guides, Class notes & Summaries

NYREI TEST PREP SOLUTIONS QUESTIONS AND ANSWERS A+ RATED

NYREI School Test Questions with Correct Answers Age of salesperson - Answer-18 Experience for sales person - Answer-No Age of broker - Answer-20 Broker experience - Answer-2 years experience and 3500 points How long to reapply for license - Answer-One full year Confidentiality - Answer-Last forever Commission earned - Answer-When bringing a ready, willing and able buyer; meeting of the minds Cooperative transaction - Answer-Seller no fiduciary obligations First for to client - Ans...

NYREI Test Questions with Correct Answers tester - Answer-the only and fair way to police the real estate industry is through ... civil rights act of 1866 - Answer-was the first major effort of the federal government to guarantee equal housing to all US citizens fair housing act - Answer-provided that it is unlawful to discriminate on the basis of race, color, religion, or national origin when selling or leasing residential property familial status - Answer-means a parent or guardian wh...

NYREI Test Prep Questions and Answers

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Correct) Which article of real property law deals with licensees? Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real es...

Where is license law written? CORRECT ANSWER Article 12A of NY State Real Property Law Who is responsible for administrative discipline of real estate licensees? CORRECT ANSWER Department of State (DOS) or Secretary of State Under NYS Real Property Law, when Dept. of State revokes a salesperson license, the salesperson can't be relicensed until how much time has expired? CORRECT ANSWER 1 year If a broker's license is revoked, what happens to the salespersons who work for him? CORRECT ...

NYREI EXAM QUESTIONS WITH ANSWERS LATEST UPDATE 2024/2025 (100% CORRECT ANSWERS) Which method of property description is most frequently used in New York State? - ANSWER Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - ANSWER liquidity. Who sets the legal description? - ANSWER surveyor Dwelling policies generally exclude - ANSWER water damage. John is gathering up his paperwork to...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Verified) Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real estate? SEC Oksana was a broker in Russia, with a very poor understand...

NYREI PRACTICE EXAM QUESTIONS WITH ANSWERS LATEST UPDATE 2024/2025 (100% CORRECT ANSWERS) GRADED A+. Which method of property description is most frequently used in New York State? - ANSWER Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - ANSWER liquidity. Who sets the legal description? - ANSWER surveyor Dwelling policies generally exclude - ANSWER water damage. John is gathering ...

NYREI School Test Questions with Correct Answers Age of salesperson - Answer-18 Experience for sales person - Answer-No Age of broker - Answer-20 Broker experience - Answer-2 years experience and 3500 points How long to reapply for license - Answer-One full year Confidentiality - Answer-Last forever Commission earned - Answer-When bringing a ready, willing and able buyer; meeting of the minds Cooperative transaction - Answer-Seller no fiduciary obligations First for to...