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NY REAL ESTATE EXAM CHEAT SHEET -
COMPLETE EXAM SET WITH QUESTIONS
AND VERIFIED ANSWERS 2026
How many square feet in one acre?
A. 55,430
B. 24,650
C. 43,560
D. 46,530 - correct-answer -C. 43,650
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor.
Assuming no other fees, if they walked away from the sale with $306,000, about
how much did their house sell for?
A. $330,400
B. $332,600
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C. $328,400
D. $327,900 - correct-answer -B $332,600
Which of the following is a violation of the Fair Housing act?
A. not renovating second-story apartments to accommodate handicapped
residents
B. not allowing a service dog in an apartment complex that doesn't allow pets
C. a private club that provides lodging and gives preferential treatment to club
members
D. refusing to rent to someone who does not meet economic qualifications -
correct-answer -B not allowing a service dog in an apartment complex that
doesn't allow pets
According to Fair Housing laws, which of these people is not considered disabled?
A. a former convict
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B. a person with HIV infection
C. a drug addict
D. a person with alcoholism - correct-answer -A a former convict
Sarah owns a warehouse and has decided to sell it as an open listing. She has
contacted three brokers to sell it for her, Brokers A, B, and C. If Broker B makes the
sale, who gets the commission?
A. Brokers A, B, and C
B. It is up to the brokers to decide how to split the commission.
C. Broker B
D. It is up to Sarah to decide how to split the commission. - correct-answer -C
Broker B
Of these individuals, who can perform an appraisal?
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A. real estate appraiser
B. real
What information would be unethical for a listing agent to share with a potential
buyer?
A. "The seller is very eager for an offer because he lost his job and found a new
one in a different state."
B. "The neighbors next door are really great and have two young children about
the age of your kids."
C. "The roof might need to be replaced in the next year or two."
D. "The community association fees are $800 this year, but they will be going up to
$1200 next year." - correct-answer -A "The seller is very eager for an offer because
he lost his job and found a new one in a different state."
A subdivision has a rule that each home in the neighborhood be at least 2,500
square feet. This is an example of which concept?
A. homestead laws
NY REAL ESTATE EXAM CHEAT SHEET -
COMPLETE EXAM SET WITH QUESTIONS
AND VERIFIED ANSWERS 2026
How many square feet in one acre?
A. 55,430
B. 24,650
C. 43,560
D. 46,530 - correct-answer -C. 43,650
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor.
Assuming no other fees, if they walked away from the sale with $306,000, about
how much did their house sell for?
A. $330,400
B. $332,600
,2|Page
C. $328,400
D. $327,900 - correct-answer -B $332,600
Which of the following is a violation of the Fair Housing act?
A. not renovating second-story apartments to accommodate handicapped
residents
B. not allowing a service dog in an apartment complex that doesn't allow pets
C. a private club that provides lodging and gives preferential treatment to club
members
D. refusing to rent to someone who does not meet economic qualifications -
correct-answer -B not allowing a service dog in an apartment complex that
doesn't allow pets
According to Fair Housing laws, which of these people is not considered disabled?
A. a former convict
,3|Page
B. a person with HIV infection
C. a drug addict
D. a person with alcoholism - correct-answer -A a former convict
Sarah owns a warehouse and has decided to sell it as an open listing. She has
contacted three brokers to sell it for her, Brokers A, B, and C. If Broker B makes the
sale, who gets the commission?
A. Brokers A, B, and C
B. It is up to the brokers to decide how to split the commission.
C. Broker B
D. It is up to Sarah to decide how to split the commission. - correct-answer -C
Broker B
Of these individuals, who can perform an appraisal?
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A. real estate appraiser
B. real
What information would be unethical for a listing agent to share with a potential
buyer?
A. "The seller is very eager for an offer because he lost his job and found a new
one in a different state."
B. "The neighbors next door are really great and have two young children about
the age of your kids."
C. "The roof might need to be replaced in the next year or two."
D. "The community association fees are $800 this year, but they will be going up to
$1200 next year." - correct-answer -A "The seller is very eager for an offer because
he lost his job and found a new one in a different state."
A subdivision has a rule that each home in the neighborhood be at least 2,500
square feet. This is an example of which concept?
A. homestead laws
