COLIBRI SCHOOL EXAM NJ ESSENTIAL STUDY
QUESTIONS AND ANSWERS
◉ From whom can a salesperson receive compensation?
From any broker he or she works for
From a broker or client
From his or her sponsoring broker only
From the broker or another licensee in the same firm
Answer: From his or her sponsoring broker only
◉ How many points are given for 3 years of certain types of real
estate activities?
1,000
3,500
5,250
7,625
Answer: 5,250
◉ Which of the following is a requirement for becoming a licensed
real estate broker in NY?
Be at least 21 years old
No misdemeanor convictions
,Demonstrate fair knowledge of the English language
Be a US citizen
Answer: Demonstrate fair knowledge of the English language
◉ A real estate transaction has four stages. Which of the following is
NOT one of those stages?
Listing the property
Marketing the property
Negotiating the purchase contract
Settling the transaction
Answer: Marketing the property
◉ How many members of the NYS Board of Real Estate must be real
estate brokers?
5
7
All
None
Answer: 5
◉ How many members are on the Board of Real Estate?
13
,9
12
15
Answer: 15
◉ In New York the real estate examinee must correctly answer at
least ______percent of the questions to pass the exam.
Answer: 70
◉ 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?
List property
Sell property
Lease property
Collect commissions
Answer: Collect commissions
◉ The mission of the New York Department of State, Division of
Licensing Services (DOS) includes all of the following except?
To administer the compliance provisions of Article 12-A
To protect the health, safety and welfare of consumers.
, To provide accurate information and qualified licensees to the
business community.
To provide efficient processing and examination services to license
applicants.
Answer: To administer the compliance provisions of Article 12-A
◉ A listing contract gives the broker the authority to
Negotiate the purchase price of the property.
Qualify buyers.
Determine which repairs will be made to the property.
Market the property.
Answer: Market the property.
◉ Which of the following statements is TRUE regarding policies for
taking the licensure examination?
Examinees may use a PDA.
Cell phones must be muted but may be left on for emergency
purposes.
Examinees may drink during the exam but may not bring food into
the test center.
Examinees may not bring large bags or briefcases into the test
center.
Answer: Examinees may not bring large bags or briefcases into the
test center.
QUESTIONS AND ANSWERS
◉ From whom can a salesperson receive compensation?
From any broker he or she works for
From a broker or client
From his or her sponsoring broker only
From the broker or another licensee in the same firm
Answer: From his or her sponsoring broker only
◉ How many points are given for 3 years of certain types of real
estate activities?
1,000
3,500
5,250
7,625
Answer: 5,250
◉ Which of the following is a requirement for becoming a licensed
real estate broker in NY?
Be at least 21 years old
No misdemeanor convictions
,Demonstrate fair knowledge of the English language
Be a US citizen
Answer: Demonstrate fair knowledge of the English language
◉ A real estate transaction has four stages. Which of the following is
NOT one of those stages?
Listing the property
Marketing the property
Negotiating the purchase contract
Settling the transaction
Answer: Marketing the property
◉ How many members of the NYS Board of Real Estate must be real
estate brokers?
5
7
All
None
Answer: 5
◉ How many members are on the Board of Real Estate?
13
,9
12
15
Answer: 15
◉ In New York the real estate examinee must correctly answer at
least ______percent of the questions to pass the exam.
Answer: 70
◉ 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?
List property
Sell property
Lease property
Collect commissions
Answer: Collect commissions
◉ The mission of the New York Department of State, Division of
Licensing Services (DOS) includes all of the following except?
To administer the compliance provisions of Article 12-A
To protect the health, safety and welfare of consumers.
, To provide accurate information and qualified licensees to the
business community.
To provide efficient processing and examination services to license
applicants.
Answer: To administer the compliance provisions of Article 12-A
◉ A listing contract gives the broker the authority to
Negotiate the purchase price of the property.
Qualify buyers.
Determine which repairs will be made to the property.
Market the property.
Answer: Market the property.
◉ Which of the following statements is TRUE regarding policies for
taking the licensure examination?
Examinees may use a PDA.
Cell phones must be muted but may be left on for emergency
purposes.
Examinees may drink during the exam but may not bring food into
the test center.
Examinees may not bring large bags or briefcases into the test
center.
Answer: Examinees may not bring large bags or briefcases into the
test center.
