Real estate u nys - Study guides, Class notes & Summaries
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Real estate U Final Exam Questions and Answers | 100% Correct | 2024 Update | 18 Pages
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Real estate U Final Exam Questions and Answers 
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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...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty 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 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": Obta...
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Real Estate U Final Exam Questions And Answers 2024/2025
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Real Estate U Final Exam Questions And Answers 2024/2025 
 
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:...
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Complete|Helps you Ace your RE U Final Exam
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam 
Real Estate U Final Exam Study Guide| 
Q&A, 100% verified| Latest 20232024|Helps 
you Ace your RE U Final Exam 
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 ...
-
Real Estate U Final Exam Questions And Answers 2023/2024
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Real Estate U Final Exam Questions And Answers 2023/2024 
Real Estate U Final Exam Questions And 
Answers 2023/2024 
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 salesperso...
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Real Estate U NYS - Chapter 2 Exam 2 Questions and Answers 2024
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Real Estate U NYS - Chapter 2 Exam 2
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Real Estate U NYS - Chapter 2 Exam 2 With Solved Solutions 2024.
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As an independent contractor, which of the following must exist between the salesperson and a specific broker...? 
 
A. Implied contract 
B. Explicit agreement 
C. Handshake agreement 
D. Written contract - Answer D. Written contract 
 
When a buyer's broker agrees to the cooperative arrangement of the MLS, he/she becomes what to the seller, who's property is listed on the MLS...? 
 
A. Secondary agent 
B. Primary broker 
C. Sub-agent 
D. Principal - Answer C. Sub-agent 
 
Which of the fol...
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Real Estate U NYS - Chapter 2 Exam 1 And Correct Answers 2024.
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According to an agent's fiduciary duties, the agent must not change or modify the financial terms of a deal. Which of the following fiduciary duties best reflects this...? 
 
A. Obedience 
B. Reasonable Care 
C. Accountability 
D. Loyalty - Answer C. Accountability 
 
A situation in which one party is held partly responsible for the unlawful actions of a third party is known as...? 
 
A. Dual Agency 
B. Principal Arrangement 
C. Undivided Loyalty 
D. Vicarious Liability - Answer D. Vicariou...
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Real Estate U NYS - Chapter 2 Exam 1 Questions and Answers 100% Verified
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Real Estate U NYS - Chapter 2 Exam 1
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Real Estate U NYS Chapter 2 Exam 1 Questions And Answers Rated A+.
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Real Estate U NYS Chapter 2 Exam 1 Questions And Answers Rated A+. 
 
 
 
 
 
According to an agent's fiduciary duties, the agent must not change or modify the financial terms of a deal. Which of the following fiduciary duties best reflects this...? 
 
A. Obedience 
B. Reasonable Care 
C. Accountability 
D. Loyalty - correct answer. C. Accountability 
 
A situation in which one party is held partly responsible for the unlawful actions of a third party is known as...? 
 
A. Dual Agency 
B. Pr...
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