New York Real Estate Salesperson Exam
Questions and Answers| Latest Update 2027|
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New York Real Estate Salesperson Practice Exam
Verified Questions & Answers (2026/2027 Update)
SECTION 1: PROPERTY OWNERSHIP, ESTATES & INTERESTS
1. A property owner holds title to a property for their lifetime, with the property
passing to a designated person upon their death. This is known as a:
A. Fee simple absolute
B. Life estate
C. Leasehold estate
D. Remainder interest
Correct Answer: B. Life estate. Rationale: A life estate is an interest in property
that lasts for the lifetime of a specified person. Upon the death of the life tenant,
the property passes to the remainderman .
2. Which of the following is NOT one of the four government powers over real
estate (PETE)?
A. Police Power
B. Eminent Domain
C. Partition
D. Taxation
,Correct Answer: C. Partition. Rationale: The four government powers over real
estate are Police Power, Eminent Domain, Taxation, and Escheat (memory aid:
"PETE"). Partition is a legal process for dividing co-owned property, not a
government power .
3. Two individuals own a property as "tenancy in common." Which of the
following is TRUE?
A. Each owner has a right of survivorship
B. Each owner must have equal ownership shares
C. Each owner may sell or transfer their interest without the other's consent
D. Upon death, the deceased owner's share automatically passes to the surviving
owner
Correct Answer: C. Each owner may sell or transfer their interest without the
other's consent. Rationale: Tenancy in common allows each owner to transfer
their interest independently. Unlike joint tenancy, there is no right of survivorship,
and ownership shares may be unequal .
4. A property owner grants a neighbor the right to use a path across their land.
This is an example of a(n):
A. License
B. Easement
C. Lease
D. Deed restriction
Correct Answer: B. Easement. Rationale: An easement is a non-possessory right
to use another person's land for a specific purpose. Unlike a license, an easement
runs with the land and is not revocable .
,5. Which government power allows the state to take property when an owner
dies without a will and no heirs can be found?
A. Police Power
B. Eminent Domain
C. Taxation
D. Escheat
Correct Answer: D. Escheat. Rationale: Escheat is the government's right to take
property when an owner dies intestate (without a will) and no heirs can be found .
6. A tenant installs custom shelving units that are bolted to the walls of a rental
property. Under New York law, which of the following is TRUE?
A. They are fixtures and become the property of the landlord
B. They are trade fixtures and the tenant may remove them before the lease ends
C. They are personal property and can be removed at any time
D. They must remain with the property regardless of the tenant's wishes
Correct Answer: A. They are fixtures and become the property of the landlord.
Rationale: Items attached to real property (such as shelving bolted to walls)
generally become fixtures and are considered part of the real property. Unlike
trade fixtures (business equipment), these are not removable by the tenant .
7. A property owner's rights to use their property may be restricted by:
A. Zoning ordinances only
B. Restrictive covenants only
C. Both zoning ordinances and restrictive covenants
D. Neither zoning ordinances nor restrictive covenants
Correct Answer: C. Both zoning ordinances and restrictive covenants. Rationale:
Property rights may be restricted by both public controls (zoning ordinances) and
private controls (restrictive covenants, CC&Rs, HOAs) .
, 8. What type of ownership allows two or more people to have equal shares with
right of survivorship?
A. Tenancy in common
B. Joint tenancy
C. Tenancy by the entirety
D. Fee simple absolute
Correct Answer: B. Joint tenancy. Rationale: Joint tenancy includes the right of
survivorship, meaning a deceased owner's share passes to surviving owners .
9. The most complete form of ownership is:
A. Life estate
B. Fee simple absolute
C. Leasehold
D. Tenancy in common
Correct Answer: B. Fee simple absolute. Rationale: Fee simple absolute gives the
owner full rights subject only to government powers .
10. The right of survivorship is a feature of:
A. Tenancy in common
B. Joint tenancy
C. Leasehold estate
D. Fee tail
Correct Answer: B. Joint tenancy. Rationale: Upon death, ownership
automatically passes to surviving joint tenants .
11. A metes and bounds description begins at a:
Questions and Answers| Latest Update 2027|
Pass Guaranteed
New York Real Estate Salesperson Practice Exam
Verified Questions & Answers (2026/2027 Update)
SECTION 1: PROPERTY OWNERSHIP, ESTATES & INTERESTS
1. A property owner holds title to a property for their lifetime, with the property
passing to a designated person upon their death. This is known as a:
A. Fee simple absolute
B. Life estate
C. Leasehold estate
D. Remainder interest
Correct Answer: B. Life estate. Rationale: A life estate is an interest in property
that lasts for the lifetime of a specified person. Upon the death of the life tenant,
the property passes to the remainderman .
2. Which of the following is NOT one of the four government powers over real
estate (PETE)?
A. Police Power
B. Eminent Domain
C. Partition
D. Taxation
,Correct Answer: C. Partition. Rationale: The four government powers over real
estate are Police Power, Eminent Domain, Taxation, and Escheat (memory aid:
"PETE"). Partition is a legal process for dividing co-owned property, not a
government power .
3. Two individuals own a property as "tenancy in common." Which of the
following is TRUE?
A. Each owner has a right of survivorship
B. Each owner must have equal ownership shares
C. Each owner may sell or transfer their interest without the other's consent
D. Upon death, the deceased owner's share automatically passes to the surviving
owner
Correct Answer: C. Each owner may sell or transfer their interest without the
other's consent. Rationale: Tenancy in common allows each owner to transfer
their interest independently. Unlike joint tenancy, there is no right of survivorship,
and ownership shares may be unequal .
4. A property owner grants a neighbor the right to use a path across their land.
This is an example of a(n):
A. License
B. Easement
C. Lease
D. Deed restriction
Correct Answer: B. Easement. Rationale: An easement is a non-possessory right
to use another person's land for a specific purpose. Unlike a license, an easement
runs with the land and is not revocable .
,5. Which government power allows the state to take property when an owner
dies without a will and no heirs can be found?
A. Police Power
B. Eminent Domain
C. Taxation
D. Escheat
Correct Answer: D. Escheat. Rationale: Escheat is the government's right to take
property when an owner dies intestate (without a will) and no heirs can be found .
6. A tenant installs custom shelving units that are bolted to the walls of a rental
property. Under New York law, which of the following is TRUE?
A. They are fixtures and become the property of the landlord
B. They are trade fixtures and the tenant may remove them before the lease ends
C. They are personal property and can be removed at any time
D. They must remain with the property regardless of the tenant's wishes
Correct Answer: A. They are fixtures and become the property of the landlord.
Rationale: Items attached to real property (such as shelving bolted to walls)
generally become fixtures and are considered part of the real property. Unlike
trade fixtures (business equipment), these are not removable by the tenant .
7. A property owner's rights to use their property may be restricted by:
A. Zoning ordinances only
B. Restrictive covenants only
C. Both zoning ordinances and restrictive covenants
D. Neither zoning ordinances nor restrictive covenants
Correct Answer: C. Both zoning ordinances and restrictive covenants. Rationale:
Property rights may be restricted by both public controls (zoning ordinances) and
private controls (restrictive covenants, CC&Rs, HOAs) .
, 8. What type of ownership allows two or more people to have equal shares with
right of survivorship?
A. Tenancy in common
B. Joint tenancy
C. Tenancy by the entirety
D. Fee simple absolute
Correct Answer: B. Joint tenancy. Rationale: Joint tenancy includes the right of
survivorship, meaning a deceased owner's share passes to surviving owners .
9. The most complete form of ownership is:
A. Life estate
B. Fee simple absolute
C. Leasehold
D. Tenancy in common
Correct Answer: B. Fee simple absolute. Rationale: Fee simple absolute gives the
owner full rights subject only to government powers .
10. The right of survivorship is a feature of:
A. Tenancy in common
B. Joint tenancy
C. Leasehold estate
D. Fee tail
Correct Answer: B. Joint tenancy. Rationale: Upon death, ownership
automatically passes to surviving joint tenants .
11. A metes and bounds description begins at a:
