NYREI Real Estate School Exam Latest Version 2024/2025 Expert-Verified Q&As

A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss factor? - 20.9% A buyer is considering a house with abestos covering the water pipes, what should the buywe be most concerned about? - Abestos can contaiminate the house if removed improperly since airborne particles are dangerous A homeowner wants to net $140,000 on his house, if closing costs are $12,600 and he owes $44,500 on current morgage, and is pauing 6% commision, what is the minimum offer he will accept? - 94% A licensed salesperson, acting as a subagent, can recieve commission payments from... - the employing broker A licensee attempts to get listings by telling homeowners in a neighborhood that thier property value will decline when a group of immigrants move in. What licensee could be quilty of which descriminatory practice? - Blockbusting A listing broker must maintain disclosure for how long? - Three Years