Sponsor broker Study guides, Class notes & Summaries

Real Estate U Final Exam Questions and Answers 2023/2024 Latest Update. Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained aft...

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - correct answer Administrative Discipline To mingle or mix funds is known as what...? - correct answer Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - correct answer Commingling of Funds The ...

Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor broker - Answer- A licensed real estate broker that holds the license of a salesperson "Summary of Your Submission" - Answer- Obtained after your register for the New York Sta...

Article 12 A : NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) broker at least 20 years . Sponsor : Broker that holds salesperson license Summary of Submission : Paper you get after registering for NYS test. Bring to tes with you Misedemanor : Crime with no more than 1 year prison or $1,000 fine Listing Agreement : Agreement between salesperson and property owner, allowing salesperson to provide services to the owner involving their porperty 2 | ...

Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained after you register for the New York State Salesperson exam using eAccessNY....

Real Estate U Final Exam Study Guide 2024 Questions and Answers Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer- A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - A...

Real estate U Final Exam Questions and Answers | 100% Correct | 2024 Update | 18 Pages Article 12-A of the NYS Real Property Law - Answer ️️ -- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer ️️ -- A licensed real estate broker that holds the license of a salespers...

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sa...

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - correct answer -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - correct answer C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in N...

Real Estate U Final Exam Study Guide Complete Questions and Answers(RATED A) Article 12-A of the NYS Real Property Law - ANSWER The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - ANSWER A licensed real estate broker that holds the license of a salesperson. "Summary of Your S...