100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Exam (elaborations)

NY REAL ESTATE EXAM | 2025 ULTIMATE EXAM WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS. GUARANTEED CERTIFICATION SUCCESS. A+ GRADED

Rating
-
Sold
-
Pages
87
Grade
A+
Uploaded on
02-05-2025
Written in
2024/2025

NY REAL ESTATE EXAM | 2025 ULTIMATE EXAM WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS. GUARANTEED CERTIFICATION SUCCESS. A+ GRADED

Institution
NY REAL ESTATE
Course
NY REAL ESTATE











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
NY REAL ESTATE
Course
NY REAL ESTATE

Document information

Uploaded on
May 2, 2025
Number of pages
87
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

NY REAL ESTATE EXAM | 2025 ULTIMATE EXAM
WITH ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS. GUARANTEED
CERTIFICATION SUCCESS. A+ GRADED

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 -

✔ ANSWER ✔ 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 -

✔ ANSWER ✔ 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 ________ -
✔ ANSWER ✔ 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 -

✔ ANSWER ✔ 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 - ✔ ANSWER
✔ 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 - ✔ ANSWER ✔ A)



T/F

Your sponsoring broker must display your salesperson's license at
the branch where you work - ✔ ANSWER ✔ False

, T/F

You must carry your Pocket Card on you at all times - ✔ ANSWER ✔
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 - ✔ ANSWER ✔ D) Tw0 Years



The earliest that a real estate license can be renewed is ________
before its expiration date.

A) 10 days

B) One year

C) Six months

D) Three months - ✔ ANSWER ✔ D) Three Months

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
IsaacRobie University of Massachusettss
View profile
Follow You need to be logged in order to follow users or courses
Sold
308
Member since
2 year
Number of followers
156
Documents
2677
Last sold
1 month ago
expert

I am a dedicated and knowledgeable expert specializing in Health Care, Nursing, History, Mathematics, Psychology, and Biology. I provide 100% correct and verified solutions to complex problems in all the named field, with a focus on thorough research and up-to-date information. Please feel free to contact me for any inquiries or assistance.

4.0

71 reviews

5
42
4
8
3
10
2
4
1
7

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions