NEW YORK STATE REAL ESTATE SALESPERSON LICENSE EXAM 2026/2027 BAN 2 VERSIONS AND STUDY GUIDE EXAM CURRENTLY TESTING EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS(100% CORRECT ANSWERS |ALREADY GRADED A+

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NEW YORK STATE REAL ESTATE SALESPERSON

LICENSE EXAM 2026/2027 BAN 2 VERSIONS AND

STUDY GUIDE EXAM CURRENTLY TESTING EXAM

QUESTIONS WITH DETAILED VERIFIED

ANSWERS(100% CORRECT ANSWERS |ALREADY

GRADED A+

The lien priority of junior liens can be changed by a

lienor's agreement to

A. subordinate.

B. foreclose on the note.

C. assign the note.

D. forgive portions of the debt. - ANSWER-A. subordinate.

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A property owner has an easement appurtenant on her

property. When the property is sold to another party the

easement

A. transfers with the property.

B. terminates.

C. becomes a lien on the property.

D. transfers with the owner to a new property. - ANSWER-

A. transfers with the property.




An important difference between a judicial foreclosure and

a non-judicial foreclosure is

A. a judicial foreclosure forces a sale of a property.

B. there is no right to redeem a property in a non-judicial

foreclosure.

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C. a non-judicial foreclosure ensures that all liens are paid

in order of priority.

D. the lienor receives title directly in a non-judicial

foreclosure. - ANSWER-B. there is no right to redeem a

property in a non-judicial foreclosure.




A court renders a judgment which authorizes a lien to be

placed against the defendant's house, car, and

personal belongings. This is an example of a

A. specific judgement lien.

B. voluntary judgement lien.

C. general judgement lien.

D. superior judgement lien. - ANSWER-C. general

judgement lien.