NY REAL ESTATE REAL EXAM QUESTIONS AND
WELL VERIFIED ANSWERS [GRADED A+] ACTUAL
EXAM 100%
Which of the following can do the transaction without having a real estate license?
A) A non-profit corporation negotiating rent for a branch office
B) An office tenant negotiating rent on behalf of another tenant
C) An executor selling property as part of the instructions left in a will
D) A building superintendent collecting rent
E) A salesperson who let her license expire and is selling property for a neighbor for a
fee - ✔✔A)
C)
D)
Which of these define a real estate broker?
A) A licensed broker who chooses to work under the supervision and name of another
licensed broker
B) A person associated with a licensed broker who performs real estate activities under
the licensed broker's supervision
,C) Any person, firm, company, or corporation that performs real estate activities for a
fee or compensation of any kind - ✔✔C) Any person, firm, company, or corporation
that performs real estate activities for a fee or compensation of any kind
If the activity is "for another, for a fee", then it requires a ________ - ✔✔Real estate
license
A Real Estate Broker must meet which of the following criteria?
A) Age
B) Course Hour
C) How long have they hold the license - ✔✔A) At least 20 years old
B) Completed 120-hour course and passed the broker exam
C) She held a real estate license for two years
When is a real estate license required?
A) When performing maintenance work for one property owner
B) When performing real estate activities for others, for compensation of any kind
C) When performing real estate activities for others, without compensation
D) When performing real estate activities for yourself - ✔✔B)
Which of the following persons can perform real estate services without a license?
A) Carolee, an attorney who sometimes acts as a broker but who does not employ
salespeople to work under her supervision
B) Mabel, who charges a flat fee to assist individuals in buying properties
, C) Paul, who has three years' prior real estate experience and charges a flat fee to assist
individuals in selling properties
D) Zeke, an attorney who acts as a broker and who employs two salespeople to work
under his supervision - ✔✔A)
T/F
Your sponsoring broker must display your salesperson's license at the branch where you
work - ✔✔False
T/F
You must carry your Pocket Card on you at all times - ✔✔True
Theresa let her real estate license lapse a few months ago, but she's thinking about
reactivating it. If she meets all the requirements for renewal within ________ of the
expiration of her license, she won't have to retake the state licensing exam.
A) 12 months
B) 30 days
C) 90 days
D) Two years - ✔✔D) Tw0 Years
The earliest that a real estate license can be renewed is ________ before its expiration
date.
A) 10 days
WELL VERIFIED ANSWERS [GRADED A+] ACTUAL
EXAM 100%
Which of the following can do the transaction without having a real estate license?
A) A non-profit corporation negotiating rent for a branch office
B) An office tenant negotiating rent on behalf of another tenant
C) An executor selling property as part of the instructions left in a will
D) A building superintendent collecting rent
E) A salesperson who let her license expire and is selling property for a neighbor for a
fee - ✔✔A)
C)
D)
Which of these define a real estate broker?
A) A licensed broker who chooses to work under the supervision and name of another
licensed broker
B) A person associated with a licensed broker who performs real estate activities under
the licensed broker's supervision
,C) Any person, firm, company, or corporation that performs real estate activities for a
fee or compensation of any kind - ✔✔C) Any person, firm, company, or corporation
that performs real estate activities for a fee or compensation of any kind
If the activity is "for another, for a fee", then it requires a ________ - ✔✔Real estate
license
A Real Estate Broker must meet which of the following criteria?
A) Age
B) Course Hour
C) How long have they hold the license - ✔✔A) At least 20 years old
B) Completed 120-hour course and passed the broker exam
C) She held a real estate license for two years
When is a real estate license required?
A) When performing maintenance work for one property owner
B) When performing real estate activities for others, for compensation of any kind
C) When performing real estate activities for others, without compensation
D) When performing real estate activities for yourself - ✔✔B)
Which of the following persons can perform real estate services without a license?
A) Carolee, an attorney who sometimes acts as a broker but who does not employ
salespeople to work under her supervision
B) Mabel, who charges a flat fee to assist individuals in buying properties
, C) Paul, who has three years' prior real estate experience and charges a flat fee to assist
individuals in selling properties
D) Zeke, an attorney who acts as a broker and who employs two salespeople to work
under his supervision - ✔✔A)
T/F
Your sponsoring broker must display your salesperson's license at the branch where you
work - ✔✔False
T/F
You must carry your Pocket Card on you at all times - ✔✔True
Theresa let her real estate license lapse a few months ago, but she's thinking about
reactivating it. If she meets all the requirements for renewal within ________ of the
expiration of her license, she won't have to retake the state licensing exam.
A) 12 months
B) 30 days
C) 90 days
D) Two years - ✔✔D) Tw0 Years
The earliest that a real estate license can be renewed is ________ before its expiration
date.
A) 10 days
