NEW YORK REAL ESTATE SALESPERSON EXAM PRACTICE
QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. The New York Department of State regulates:
A. Property taxes
B. Real estate licensing and enforcement
C. Mortgage insurance
D. Home inspections
Answer: B
Rationale: The New York Department of State oversees real estate licensing and disciplinary
actions.
2. A New York real estate salesperson must work under a:
A. Contractor
B. Licensed broker
C. Attorney
D. Appraiser
Answer: B
Rationale: Salespersons must be supervised by a licensed broker.
3. Real property includes:
A. Furniture
B. Land and attached improvements
C. Vehicles
D. Stocks
Answer: B
Rationale: Real property consists of land and permanent attachments.
4. Personal property is also called:
,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattels refer to movable personal property.
5. A fixture is:
A. Temporary property
B. Permanently attached property
C. Insurance coverage
D. A lease agreement
Answer: B
Rationale: Fixtures become part of the real estate.
6. The Statute of Frauds requires real estate contracts to be:
A. Oral
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate contracts must be in writing.
7. Fiduciary duties include:
A. Loyalty
B. Tax preparation
C. Lending
D. Appraisal
Answer: A
Rationale: Agents owe fiduciary duties such as loyalty.
8. Which is NOT a fiduciary duty?
, A. Accounting
B. Confidentiality
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. The Fair Housing Act prohibits discrimination based on:
A. Occupation
B. Protected classes
C. Education
D. Credit score
Answer: B
Rationale: Federal law protects against housing discrimination.
10. Steering refers to:
A. Appraisal methods
B. Directing buyers based on protected class
C. Loan processing
D. Home inspections
Answer: B
Rationale: Steering is an illegal discriminatory practice.
11. Blockbusting involves:
A. Home remodeling
B. Encouraging panic selling due to demographic change
C. Mortgage servicing
D. Property inspections
Answer: B
Rationale: Blockbusting violates fair housing laws.
12. A deed transfers:
QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. The New York Department of State regulates:
A. Property taxes
B. Real estate licensing and enforcement
C. Mortgage insurance
D. Home inspections
Answer: B
Rationale: The New York Department of State oversees real estate licensing and disciplinary
actions.
2. A New York real estate salesperson must work under a:
A. Contractor
B. Licensed broker
C. Attorney
D. Appraiser
Answer: B
Rationale: Salespersons must be supervised by a licensed broker.
3. Real property includes:
A. Furniture
B. Land and attached improvements
C. Vehicles
D. Stocks
Answer: B
Rationale: Real property consists of land and permanent attachments.
4. Personal property is also called:
,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattels refer to movable personal property.
5. A fixture is:
A. Temporary property
B. Permanently attached property
C. Insurance coverage
D. A lease agreement
Answer: B
Rationale: Fixtures become part of the real estate.
6. The Statute of Frauds requires real estate contracts to be:
A. Oral
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate contracts must be in writing.
7. Fiduciary duties include:
A. Loyalty
B. Tax preparation
C. Lending
D. Appraisal
Answer: A
Rationale: Agents owe fiduciary duties such as loyalty.
8. Which is NOT a fiduciary duty?
, A. Accounting
B. Confidentiality
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. The Fair Housing Act prohibits discrimination based on:
A. Occupation
B. Protected classes
C. Education
D. Credit score
Answer: B
Rationale: Federal law protects against housing discrimination.
10. Steering refers to:
A. Appraisal methods
B. Directing buyers based on protected class
C. Loan processing
D. Home inspections
Answer: B
Rationale: Steering is an illegal discriminatory practice.
11. Blockbusting involves:
A. Home remodeling
B. Encouraging panic selling due to demographic change
C. Mortgage servicing
D. Property inspections
Answer: B
Rationale: Blockbusting violates fair housing laws.
12. A deed transfers:
