NYS Real Estate Practice Exam (Latest 2026 /
2027 Update) Questions & Correct Answers
(100% Correct Verified Answers) Already Graded
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Practice questions for this set
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Eminent Domain or Condemnation
Choose an answer
What do you call the power of the
government to acquire personally What agency issues real estate
1 2
held real property for the benefit of licenses?
the public?
Your real estate license with the
pocket card will be sent to your
what is the NOI if the property was
3 sponsoring broker. who holds the 4
acquired for $500K with a 10% ROI?
license? Who holds the pocket
card?
, Don't know?
Terms in this set (180)
What agency issues real estate The New York State Department of State
licenses? (NYDOS), Divison of Licensing Services
At what age can you become a real 18
estate salesperson?
Do you need experience in the No
field to become a sales person?
What is the minimum age to 20
become a real estate broker?
If your license is revoked, how long One year
do you have to wait to re-apply for
it?
Do you need experience in the Yes, at least 2 years of experience and 3200
field to become a broker? points
As a licensing salesperson, I can Sponsoring Broker
receive compensation from my?
2027 Update) Questions & Correct Answers
(100% Correct Verified Answers) Already Graded
A+
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Eminent Domain or Condemnation
Choose an answer
What do you call the power of the
government to acquire personally What agency issues real estate
1 2
held real property for the benefit of licenses?
the public?
Your real estate license with the
pocket card will be sent to your
what is the NOI if the property was
3 sponsoring broker. who holds the 4
acquired for $500K with a 10% ROI?
license? Who holds the pocket
card?
, Don't know?
Terms in this set (180)
What agency issues real estate The New York State Department of State
licenses? (NYDOS), Divison of Licensing Services
At what age can you become a real 18
estate salesperson?
Do you need experience in the No
field to become a sales person?
What is the minimum age to 20
become a real estate broker?
If your license is revoked, how long One year
do you have to wait to re-apply for
it?
Do you need experience in the Yes, at least 2 years of experience and 3200
field to become a broker? points
As a licensing salesperson, I can Sponsoring Broker
receive compensation from my?
