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Real Estate License Law Comprehensive Questions and Solutions Graded A+

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Real Estate License Law Comprehensive Questions and Solutions Graded A+

Institution
Real Estate Licensing
Course
Real Estate Licensing








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Institution
Real Estate Licensing
Course
Real Estate Licensing

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Uploaded on
November 24, 2025
Number of pages
4
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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Real Estate License Law
Comprehensive Questions and
Solutions Graded A+
Purpose of real estate license laws - Answer: to protect the health, safety and welfare of the
public by ensuring a consistent level of competence, ethics and professionalism by real estate
licensees



Responsible for enforcing license laws - Answer: NY State Department of State Division of
Licensing Services



Members of the Board of Real Estate - Answer: 15 including Secretary of State, Executive
Director of Consumer Protection Board, 5 brokers



Salesperson applicants must - Answer: be 18 years old, complete 75 hours of training, pass NY
State test, have a sponsoring broker



Fee for salesperson license - Answer: $50 for two years



Fee for broker/Assoc broker license - Answer: $150 for two years



Broker applicants must - Answer: be at least 20, complete 120 hours of prelicensing course work
(75 +), provide proof of experience (either 2 years and 3,500 points or three years equivalent
and 5,250 points

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