New York Real Estate Exam ACTUAL
EXAM 2026/2027 | Licensing Assessment
75 Questions | Verified Q&A | Pass
Guaranteed - A+ Graded
Section 1: New York Real Estate License Law & Regulations (Questions 1–11)
Q1: A salesperson completes their 77-hour pre-licensing course and passes the state exam. They affiliate
with a licensed broker within two years. How many hours of continuing education must they complete
for their first license renewal?
A. 22.5 hours, including at least one hour of fair housing and one hour of agency law
B. 22.5 hours, with no specific subject requirements
C. 77 hours of additional pre-licensing education
D. 45 hours, including ethics and fair housing only
Correct Answer: A
Rationale: NYS requires 22.5 hours of continuing education every two years, including mandatory topics:
at least one hour on fair housing and/or discrimination, and one hour on law of agency (General
Obligations Law §5-702). Distractor B is wrong because specific subject requirements exist; C is wrong
because pre-licensing hours don't apply to renewal; D is wrong because the hour requirement is
incorrect.
Q2: A real estate broker in New York wants to open a branch office in Albany while maintaining their
principal office in Manhattan. Which statement is correct?
A. The broker must obtain a separate broker's license for the branch office
B. The broker must register the branch office with the Department of State and display the license there
C. Branch offices are prohibited under NYS law; the broker must operate from one location only
D. The broker may operate the branch office without notifying the Department of State
Correct Answer: B
Rationale: NYS Real Property Law §441-c requires brokers to register all branch offices with the
Department of State and display the license prominently. Distractor A is wrong because separate
,licenses aren't required; C is wrong because branch offices are permitted; D is wrong because
registration is mandatory.
Q3: A licensed salesperson has been working full-time for three years and wants to become a broker.
What education requirement must they satisfy?
A. Complete an additional 45-hour broker qualifying course
B. Complete a 152-hour broker qualifying course
C. Complete 22.5 hours of continuing education and pass the broker exam
D. No additional education is required with three years of experience
Correct Answer: B
Rationale: NYS requires salespersons to complete a 152-hour approved broker qualifying course (in
addition to having two years of full-time salesperson experience) to qualify for the broker exam.
Distractor A understates the hours; C confuses continuing education with broker qualification; D is
incorrect because education is mandatory regardless of experience.
Q4: During a listing presentation, a salesperson promises the seller that they will personally handle all
aspects of the transaction, including negotiating with buyers and preparing legal documents. Has the
salesperson violated NYS license law?
A. No, because salespersons may perform all activities with their broker's permission
B. Yes, because salespersons cannot prepare legal documents or conduct closings without attorney
involvement
C. No, because the promise relates to future performance, not current actions
D. Yes, because salespersons must have a broker's license to negotiate with buyers
Correct Answer: B
Rationale: NYS license law prohibits salespersons (and brokers who aren't attorneys) from preparing
legal documents, giving legal advice, or conducting closings—activities that constitute unauthorized
practice of law. Distractor A is wrong because broker permission doesn't override legal restrictions; C is
wrong because promising to perform prohibited acts is a violation; D is wrong because salespersons can
negotiate but cannot handle legal documentation.
Q5: A broker receives a $50,000 earnest money deposit on a property sale. According to NYS General
Obligations Law, how must these funds be handled?
A. The broker must deposit the funds in their business operating account within five business days
B. The broker must deposit the funds in a separate escrow account within three business days unless the
, contract specifies otherwise
C. The broker may hold the check uncashed until the closing date
D. The broker must immediately turn the funds over to the seller
Correct Answer: B
Rationale: NYS General Obligations Law §7-103 requires brokers to deposit earnest money into a
separate escrow account within three business days unless the purchase contract specifies a different
timeframe. Distractor A is wrong because business accounts are prohibited; C violates the deposit
timeline; D is wrong because brokers must maintain escrow, not transfer immediately.
Q6: A real estate license in New York expires on the licensee's birthday every two years. A salesperson's
license expires on March 15, 2027, but they fail to renew by that date. What is their status?
A. They may continue practicing for 30 days with a late renewal fee
B. They must immediately cease all licensed activities and may be subject to disciplinary action if they
continue
C. They may continue practicing for two years under a grace period while completing CE requirements
D. They may practice only for transactions already in progress, but cannot take new clients
Correct Answer: B
Rationale: NYS law requires immediate cessation of licensed activities upon expiration; continuing to
practice without a valid license constitutes unlicensed activity subject to penalties (Real Property Law
§441-c). Distractor A confuses NYS with other states' grace periods; C is wrong because no two-year
grace exists; D is wrong because no partial practice is permitted.
Q7: A broker advertises a property for sale on Zillow without identifying their brokerage name. A
salesperson working for the same broker posts on Facebook about "my new listing" without mentioning
the brokerage. Which statement is correct?
A. Only the broker's omission violates NYS advertising regulations
B. Only the salesperson's omission violates NYS advertising regulations
C. Both violate NYS regulations requiring brokerage identification in all advertising
D. Neither violates regulations because social media posts are exempt
Correct Answer: C
Rationale: NYS 19 NYCRR §175.25 requires all real estate advertising (including internet and social
media) to include the licensed name of the brokerage. Both the broker and salesperson failed to include
this required information. Distractors A and B are wrong because both parties violated the rule; D is
wrong because social media is not exempt.
EXAM 2026/2027 | Licensing Assessment
75 Questions | Verified Q&A | Pass
Guaranteed - A+ Graded
Section 1: New York Real Estate License Law & Regulations (Questions 1–11)
Q1: A salesperson completes their 77-hour pre-licensing course and passes the state exam. They affiliate
with a licensed broker within two years. How many hours of continuing education must they complete
for their first license renewal?
A. 22.5 hours, including at least one hour of fair housing and one hour of agency law
B. 22.5 hours, with no specific subject requirements
C. 77 hours of additional pre-licensing education
D. 45 hours, including ethics and fair housing only
Correct Answer: A
Rationale: NYS requires 22.5 hours of continuing education every two years, including mandatory topics:
at least one hour on fair housing and/or discrimination, and one hour on law of agency (General
Obligations Law §5-702). Distractor B is wrong because specific subject requirements exist; C is wrong
because pre-licensing hours don't apply to renewal; D is wrong because the hour requirement is
incorrect.
Q2: A real estate broker in New York wants to open a branch office in Albany while maintaining their
principal office in Manhattan. Which statement is correct?
A. The broker must obtain a separate broker's license for the branch office
B. The broker must register the branch office with the Department of State and display the license there
C. Branch offices are prohibited under NYS law; the broker must operate from one location only
D. The broker may operate the branch office without notifying the Department of State
Correct Answer: B
Rationale: NYS Real Property Law §441-c requires brokers to register all branch offices with the
Department of State and display the license prominently. Distractor A is wrong because separate
,licenses aren't required; C is wrong because branch offices are permitted; D is wrong because
registration is mandatory.
Q3: A licensed salesperson has been working full-time for three years and wants to become a broker.
What education requirement must they satisfy?
A. Complete an additional 45-hour broker qualifying course
B. Complete a 152-hour broker qualifying course
C. Complete 22.5 hours of continuing education and pass the broker exam
D. No additional education is required with three years of experience
Correct Answer: B
Rationale: NYS requires salespersons to complete a 152-hour approved broker qualifying course (in
addition to having two years of full-time salesperson experience) to qualify for the broker exam.
Distractor A understates the hours; C confuses continuing education with broker qualification; D is
incorrect because education is mandatory regardless of experience.
Q4: During a listing presentation, a salesperson promises the seller that they will personally handle all
aspects of the transaction, including negotiating with buyers and preparing legal documents. Has the
salesperson violated NYS license law?
A. No, because salespersons may perform all activities with their broker's permission
B. Yes, because salespersons cannot prepare legal documents or conduct closings without attorney
involvement
C. No, because the promise relates to future performance, not current actions
D. Yes, because salespersons must have a broker's license to negotiate with buyers
Correct Answer: B
Rationale: NYS license law prohibits salespersons (and brokers who aren't attorneys) from preparing
legal documents, giving legal advice, or conducting closings—activities that constitute unauthorized
practice of law. Distractor A is wrong because broker permission doesn't override legal restrictions; C is
wrong because promising to perform prohibited acts is a violation; D is wrong because salespersons can
negotiate but cannot handle legal documentation.
Q5: A broker receives a $50,000 earnest money deposit on a property sale. According to NYS General
Obligations Law, how must these funds be handled?
A. The broker must deposit the funds in their business operating account within five business days
B. The broker must deposit the funds in a separate escrow account within three business days unless the
, contract specifies otherwise
C. The broker may hold the check uncashed until the closing date
D. The broker must immediately turn the funds over to the seller
Correct Answer: B
Rationale: NYS General Obligations Law §7-103 requires brokers to deposit earnest money into a
separate escrow account within three business days unless the purchase contract specifies a different
timeframe. Distractor A is wrong because business accounts are prohibited; C violates the deposit
timeline; D is wrong because brokers must maintain escrow, not transfer immediately.
Q6: A real estate license in New York expires on the licensee's birthday every two years. A salesperson's
license expires on March 15, 2027, but they fail to renew by that date. What is their status?
A. They may continue practicing for 30 days with a late renewal fee
B. They must immediately cease all licensed activities and may be subject to disciplinary action if they
continue
C. They may continue practicing for two years under a grace period while completing CE requirements
D. They may practice only for transactions already in progress, but cannot take new clients
Correct Answer: B
Rationale: NYS law requires immediate cessation of licensed activities upon expiration; continuing to
practice without a valid license constitutes unlicensed activity subject to penalties (Real Property Law
§441-c). Distractor A confuses NYS with other states' grace periods; C is wrong because no two-year
grace exists; D is wrong because no partial practice is permitted.
Q7: A broker advertises a property for sale on Zillow without identifying their brokerage name. A
salesperson working for the same broker posts on Facebook about "my new listing" without mentioning
the brokerage. Which statement is correct?
A. Only the broker's omission violates NYS advertising regulations
B. Only the salesperson's omission violates NYS advertising regulations
C. Both violate NYS regulations requiring brokerage identification in all advertising
D. Neither violates regulations because social media posts are exempt
Correct Answer: C
Rationale: NYS 19 NYCRR §175.25 requires all real estate advertising (including internet and social
media) to include the licensed name of the brokerage. Both the broker and salesperson failed to include
this required information. Distractors A and B are wrong because both parties violated the rule; D is
wrong because social media is not exempt.
