LATEST NEW YORK STATE REAL ESTATE
SALESPERSON EXAM | FREQUENTLY
TESTED QUESTIONS WITH VERIFIED
ANSWERS AND RATIONALES.
1. Who issues real estate licenses in New York
State?
A. New York Attorney General's Office
B. Department of State, Division of Licensing
Services
C. Department of Housing and Urban
Development
D. Real Estate Board of New York
Correct answer: B
Rationale: The NY Department of State, Division
of Licensing Services regulates and issues real
estate licenses .
2. What is the minimum age required to obtain a
New York real estate salesperson license?
A. 16 years
,B. 18 years
C. 19 years
D. 21 years
Correct answer: B
Rationale: New York law sets 18 years as the
minimum age for a salesperson license .
3. How many hours of pre-licensing education
are required for a New York real estate
salesperson?
A. 45 hours
B. 60 hours
C. 75 hours
D. 77 hours
Correct answer: D
Rationale: The state mandates completion of a
77-hour approved course before the
salesperson exam .
,4. Which of the following is an example of real
property?
A. A house
B. A mobile home on wheels
C. A car parked in the garage
D. Furniture in the living room
Correct answer: A
Rationale: Mobile homes on wheels are
considered personal property unless
permanently affixed to the land .
5. The "bundle of rights" associated with
property ownership includes all of the following
EXCEPT:
A. Right of possession
B. Right of disposition
C. Right to tax others
D. Right of quiet enjoyment
Correct answer: C
, Rationale: The right to tax others is a
government power, not a right of private
property ownership .
6. Which of the following is NOT a fiduciary duty
in the OLD CAR mnemonic?
A. Obedience
B. Loyalty
C. Disclosure
D. Advertising
Correct answer: D
Rationale: Advertising is a regulatory
requirement, not a fiduciary duty. OLD CAR
includes Obedience, Loyalty, Disclosure,
Confidentiality, Accountability, and Reasonable
care .
7. In a dual-agency relationship, what must the
broker obtain from the parties?
A. Written consent from the seller only
B. Oral consent from the buyer only
SALESPERSON EXAM | FREQUENTLY
TESTED QUESTIONS WITH VERIFIED
ANSWERS AND RATIONALES.
1. Who issues real estate licenses in New York
State?
A. New York Attorney General's Office
B. Department of State, Division of Licensing
Services
C. Department of Housing and Urban
Development
D. Real Estate Board of New York
Correct answer: B
Rationale: The NY Department of State, Division
of Licensing Services regulates and issues real
estate licenses .
2. What is the minimum age required to obtain a
New York real estate salesperson license?
A. 16 years
,B. 18 years
C. 19 years
D. 21 years
Correct answer: B
Rationale: New York law sets 18 years as the
minimum age for a salesperson license .
3. How many hours of pre-licensing education
are required for a New York real estate
salesperson?
A. 45 hours
B. 60 hours
C. 75 hours
D. 77 hours
Correct answer: D
Rationale: The state mandates completion of a
77-hour approved course before the
salesperson exam .
,4. Which of the following is an example of real
property?
A. A house
B. A mobile home on wheels
C. A car parked in the garage
D. Furniture in the living room
Correct answer: A
Rationale: Mobile homes on wheels are
considered personal property unless
permanently affixed to the land .
5. The "bundle of rights" associated with
property ownership includes all of the following
EXCEPT:
A. Right of possession
B. Right of disposition
C. Right to tax others
D. Right of quiet enjoyment
Correct answer: C
, Rationale: The right to tax others is a
government power, not a right of private
property ownership .
6. Which of the following is NOT a fiduciary duty
in the OLD CAR mnemonic?
A. Obedience
B. Loyalty
C. Disclosure
D. Advertising
Correct answer: D
Rationale: Advertising is a regulatory
requirement, not a fiduciary duty. OLD CAR
includes Obedience, Loyalty, Disclosure,
Confidentiality, Accountability, and Reasonable
care .
7. In a dual-agency relationship, what must the
broker obtain from the parties?
A. Written consent from the seller only
B. Oral consent from the buyer only
