Nys board of real estate - Study guides, Class notes & Summaries

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

NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None - Answer ️️ -A) 5 What are the expe...

Regulation of real estate has been assigned to - Answer Department of state Departments within Department of State? - Answer Secretary of State and New York Board of Real Estate Secretary of State - Answer In charge of administration of licensing, examination, education, and compliance provisions Whats the Department of State known as historically speaking? - Answer "Keeper of Records" Whats Department of State oversee? - Answer Record keeping, Division of Licensing ...

NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None - Answer ️️ -A) 5 What are the expe...

who must sign the mortgage broker dual agency disclosure form? - correct answerthe borrower and the seller how many members of the NYS board of real estate must be real brokers? - correct answer5 which of the following does not appoint members to the board? - correct answersecretary of state a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - correct answertrade name

NY Real Estate License Exam Questions and Answers Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A - Answer ️️ -C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None - Answer ️️ -A) 5 What are the expe...

Which NY law allows the DOS to revoke, suspend, fine, or reprimand a real estate broker? A) NY Real Property Law, Article 13 B) NY Real Property Law, Section 442-a C) NY Real Property Law, Section 441-c D) NY Real Property Law, Article 15-A C) NY Real Property Law, Section 441-c How many members of the NYS Board of Real Estate must be real estate brokers? A) 5 B) 7 C) All D) None A) 5 What are the experience requirements for a broker candidate? A) One full year of experience as a li...

A notary at the time of appointment must be either a NYS resident or have a place of business in New York State? TRUE - a notary must also be a united states citizen at the time of appointment. however, the department of state, division of licensing services web site adds that notary may also be a permanent resident alien of the united states A NYS resident notary public who moves out of NYS but still maintains a place of business in NYS can continue to be a notary in NYS? TRUE - how if...

NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...

what is the purpose of license laws? - Answer assist real estate consumers with their largest single investment, protect public by ensuring consistent level of competence ethics and professionalism foundation for the New York license law? - Answer Article 12A, Real Property Law, Licensing of Real Estate Brokers, Real Estate Salesperson of NY Administrative Code what 2 branches are within the New York Department of State? - Answer 1. Secretary of State 2. NYS Board of Real Estate...