answers 100% 2026
How many members does the Governor appoint to the Board of Real Estate? - Correct Answers
3 brokers and 4 public members
In order to become a licensed salesperson in New York, a candidate must
_________successfully. - Correct Answers complete the 77-hour pre-license course
How will an examinee know what percent of the exam questions he or she answered correctly?
- Correct Answers The percentage score is not given to the examinee.
For what are members of the Board compensated? - Correct Answers Expense reimbursements
An___________ real estate broker is a licensed real estate broker who chooses to work under
the name and supervision of a licensed real estate broker. - Correct Answers associate
Which of the following does NOT appoint members to the Board? - Correct Answers Secretary
of State
New York has established a point system to help determine the experience a Broker candidate
needs. A total of_________ points and the equivalent to two years of full-time experience for
broker candidates. - Correct Answers 3500
Which of the following is NOT one of the real estate broker license types? - Correct Answers
Salesperson
Which of the following real estate licenses has a fee of $185? - Correct Answers Broker and
Associate Broker
, Associate brokers may receive commission payments from - Correct Answers Sponsoring broker
In New York the real estate examinee must correctly answer at least ______percent of the
questions to pass the exam. - Correct Answers 70
Which of the following is a requirement for becoming a licensed real estate broker in NY? -
Correct Answers Demonstrate fair knowledge of the English language
A real estate salesperson works on behalf of a licensed real estate broker to perform any of the
following duties associated with real estate transactions except? - Correct Answers Collect
commissions
How many members are on the Board of Real Estate? - Correct Answers 15
How many points are given for 3 years of certain types of real estate activities? - Correct
Answers 5,250
Passed exam results are only valid for a period of ____ years. - Correct Answers two
When does the broker receive his or her commission for listing and selling a property? - Correct
Answers When the transaction is settled.
A real estate transaction can be described as having four stages, including all of the following
except? - Correct Answers Administering and enforcing the provisions of Article 78-A.
The final step of the real estate transaction when the buyer gets the deed to the property, the
seller gets the proceeds from the sale, and the broker gets his or her commission is called? -
Correct Answers Settling the transaction.