NY REAL ESTATE PRACTICE EXAM QUESTIONS AND ANSWERS A+
SCORE SOLUTION REVIEW LATEST 25/26
35. Parks and forest land could be classified as being in which
zone?
A. Commercial
B. Residential
C. Public open space
D. Institutional - ---Answers-----c. Public open space
36. A sprayed insulation that caused noxious fumes is called:
A. Loose fill insulation
B. Rigid insulation
C. Uffi
D. Batt insulation - ---Answers-----c. Uffi
37. The amount of electrical current flowing through a wire is
called
A. Voltage
B. Amperage
C. Milligaus
D. Wattage - ---Answers-----b. Amperage
38. The new york statute that mandates minimum r-factors for
insulation is the:
A. Real property law
B. Energy code
C. Emergency tenant protection act
,D. Sanitary code - ---Answers-----b. Energy code
39. Which of the following is exempt from disclosure regulations
of the residential lead-based hazard reduction act?
A. A duplex built before 1978
B. A single-family residence built before 1978
C. Senior citizen housing
D. A cooperative apartment built before 1978 - ---Answers-----c.
Senior citizen housing
40. One of the most prevalent concerns of underground storage
tanks is:
A. Leakage
B. Combustion
C. Explosion
D. Fire - ---Answers-----a. Leakage
41. One of the most important factors in selecting comparables for
a comparative market analysis is to select properties:
A. Within a 50-mile radius of the subject property
B. Older than the subject property
C. As close in location as possible to the comparable
D. That have inferior curb appeal to the subject property - ---
Answers-----c. As close in location as possible to the comparable
42. Surveyors' and appraisers' fees in relation to the development
of a property are called:
A. Hard costs
B. Indirect costs
, C. Direct costs
D. Impact fees - ---Answers-----b. Indirect costs
43. An arm's length transaction means that:
A. The parties are not related either as relatives or business
associates
B. No salesperson or broker is involved in the transaction
C. The transaction is a cash transaction and no financing is
required
D. The transaction takes place within six months of being placed
on the market - ---Answers-----a. The parties are not related
either as relatives or business associates
44. Hattie wants to sell her home in kingston, new york. She
decided not to use a broker so that she can sell her property to
whomever she wants. Which of the following is true? Hattie:
A. Is exempt from all fair housing laws as long as she does not
use a broker
B. Is exempt from fair housing laws in the sale of a single-family
home
C. Can only sell her property to whomever she want if she does
not advertise
D. And/or a broker are not entitled to any exemptions to fair
housing laws in the sale of a single-family home in new york. - --
-Answers-----d. And/or a broker are not entitled to any
exemptions to fair housing laws in the sale of a single-family
home in new york.
45. The fine for a first offensive in violation of the federal fair
housing act can be up to:
SCORE SOLUTION REVIEW LATEST 25/26
35. Parks and forest land could be classified as being in which
zone?
A. Commercial
B. Residential
C. Public open space
D. Institutional - ---Answers-----c. Public open space
36. A sprayed insulation that caused noxious fumes is called:
A. Loose fill insulation
B. Rigid insulation
C. Uffi
D. Batt insulation - ---Answers-----c. Uffi
37. The amount of electrical current flowing through a wire is
called
A. Voltage
B. Amperage
C. Milligaus
D. Wattage - ---Answers-----b. Amperage
38. The new york statute that mandates minimum r-factors for
insulation is the:
A. Real property law
B. Energy code
C. Emergency tenant protection act
,D. Sanitary code - ---Answers-----b. Energy code
39. Which of the following is exempt from disclosure regulations
of the residential lead-based hazard reduction act?
A. A duplex built before 1978
B. A single-family residence built before 1978
C. Senior citizen housing
D. A cooperative apartment built before 1978 - ---Answers-----c.
Senior citizen housing
40. One of the most prevalent concerns of underground storage
tanks is:
A. Leakage
B. Combustion
C. Explosion
D. Fire - ---Answers-----a. Leakage
41. One of the most important factors in selecting comparables for
a comparative market analysis is to select properties:
A. Within a 50-mile radius of the subject property
B. Older than the subject property
C. As close in location as possible to the comparable
D. That have inferior curb appeal to the subject property - ---
Answers-----c. As close in location as possible to the comparable
42. Surveyors' and appraisers' fees in relation to the development
of a property are called:
A. Hard costs
B. Indirect costs
, C. Direct costs
D. Impact fees - ---Answers-----b. Indirect costs
43. An arm's length transaction means that:
A. The parties are not related either as relatives or business
associates
B. No salesperson or broker is involved in the transaction
C. The transaction is a cash transaction and no financing is
required
D. The transaction takes place within six months of being placed
on the market - ---Answers-----a. The parties are not related
either as relatives or business associates
44. Hattie wants to sell her home in kingston, new york. She
decided not to use a broker so that she can sell her property to
whomever she wants. Which of the following is true? Hattie:
A. Is exempt from all fair housing laws as long as she does not
use a broker
B. Is exempt from fair housing laws in the sale of a single-family
home
C. Can only sell her property to whomever she want if she does
not advertise
D. And/or a broker are not entitled to any exemptions to fair
housing laws in the sale of a single-family home in new york. - --
-Answers-----d. And/or a broker are not entitled to any
exemptions to fair housing laws in the sale of a single-family
home in new york.
45. The fine for a first offensive in violation of the federal fair
housing act can be up to:
