Real Estate License Exam A+ Grade Assured Complete Solutions And Verified Answers

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Exam Solution
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Real Estate U Final Exam questions Joe Jacobs 2026 A+ G
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RADE ASSURED COMPLETE SOLUTIONS AND VERIFIED
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ANSWERS (24D45) +t




QUESTION 1 +t




The Department of State's ability to enforce license laws through reprimand and denial
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as well as the suspension and revocation of licenses is known as...?
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ANSWER

Administrative Discipline +t




QUESTION 2 +t




To mingle or mix funds is known as what...?
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ANSWER

Commingling



QUESTION 3 +t




Chris is a real estate broker involved in a residential transaction. When Chris illegally pl
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aces his client's funds into his personal account, what is he engaged in...?
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ANSWER

Commingling of Funds +t +t




QUESTION 4 +t




The post-license education required by salespersons and brokers is known as what...?
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ANSWER

Continuing Education +t

,QUESTION 5 +t




Conditions under which a property condition disclosure statement is not required is kno
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wn as a/an...?
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ANSWER

Exemption



QUESTION 6 +t




Which of the following are NOT assessed by a home inspector...?
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ANSWER

Air Rights
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QUESTION 7 +t




A card issued by the Department of State to each licensee is known as a...?
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ANSWER

Pocket Card +t




QUESTION 8 +t




Any person who, for a fee, arranges, conducts, coordinates, handles or causes meetings b
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etween a customer and the current owner or occupant of legally occupied real property,
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including apartment housing, who wishes to share that housing with one or more indivi
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duals is known as a/an...?
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ANSWER

Apartment Sharing Agent +t +t




QUESTION 9 +t




A licensed real estate broker that holds the license of a salesperson is known as what...?
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ANSWER

Sponsor



QUESTION 10 +t

,The discontinuance of an agent's relationship with his/her sponsoring broker is known
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as what...?
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ANSWER

Termination



QUESTION 11 +t




A written document that terminates the relationship between an agent and his/her spon
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soring broker is known as what...?
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ANSWER

Termination of Association Notice +t +t +t




QUESTION 12 +t




An act, deed or conditions contrary to law or permissible use of real property is known
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as a...?
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ANSWER

Violation



QUESTION 13 +t




This law governs the practice of real estate salespersons and brokers...?
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ANSWER

Article 12-A of the NYS Real Property Law
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QUESTION 14 +t




Who is a real estate salesperson required to work under...?
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ANSWER

A licensed real estate broker
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QUESTION 15 +t




Which of the following individuals works under a real estate broker...?
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ANSWER

Real Estate Salesperson
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, QUESTION 16 +t




Which of the following professionals works under and/or for a real estate broker...?
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ANSWER

Associate Broker +t




QUESTION 17 +t




According to Article 12- +t +t +t



A of the NYS Real Property Law, which of the following is a general requirement for obta
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ining a real estate salespersons license...?
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ANSWER

Must have at least a work permit
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QUESTION 18 +t




James wants to become a real estate salesperson. Which of the following requirements
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must James satisfy in order to obtain his license...?
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ANSWER

Must have at least a work permit
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QUESTION 19 +t




Mark is a real estate salesperson but wants to obtain his real estate broker's license. Wh
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ich of the following requirements must Mark satisfy in order to obtain his broker's licen
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se...?
ANSWER

He must be at least 20 years of age
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QUESTION 20 +t




What must a licensed real estate salesperson keep on him or herself at all times when pr
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acticing as an agent...? +t +t +t




ANSWER

A Pocket Card
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