NEW YORK REAL ESTATE
SALESPERSON (REEDC) EXAM
2026/2027 WITH 350 QUESTIONS
AND VERIFIED CORRECT
ANSWERS | ALREADY GRADED
A+ | REEDC LATEST EXAM
what are two other names in the questions above? - ANSWER-adverse posession
easement by prescription
for how many years would you have use of that persons property to make claim of
ownership? - ANSWER-10 years
if a person has the right to cross over your property its an? - ANSWER-easment
if a thing is crossing over your property line thats an? - ANSWER-encroachment
,if you buy materials from a supply house, and fail to pay them, they can file a
materialmens line, unfortunately this student told materialmens lien isn't one of the
choices - ANSWER-mechanics lien
we talked about, a formal legal description, of an vld, what is one example, of a
formal legal description? - ANSWER-section block and lot
meet and bounds
which description would not be formal legal description - ANSWER-street name
and street address
who determines, what the real estate commission, will be on a particular deal? -
ANSWER-sponsoring broker and client(seller)
if someone dies without having a valid will, he died? - ANSWER-intestate
if someone dies w/out having a valid will and the state cannot locate any heirs or
creditors, that persons property reverts to the state through a process called? -
ANSWER-escheat
what is the name, of the standardized closing statement, on settlement statement,
required by respa 1974 called? - ANSWER-hud1= settlement statement
what is a synonym for proration? - ANSWER-adjustment
whats the name of the deed, which gives the most legal promises, covenants, and
warranties to the buyer? - ANSWER-full covenant and warantee
,what is it called if i track back the successive owners of a piece of real estate,
starting w/the current deed and working my way backwards in time? - ANSWER-
chain of title of real property
a deed is a? - ANSWER-instrument that conveys a grantors interest
generally speaking, who creates the real estate contract, of sale - ANSWER-sellers
attorney
who signs the contract first - ANSWER-buyer
what does the buyer attach to the contract, after signing it - ANSWER-earnest
deposit
who holds the earnest deposit money from the buyer from the signing of the
contract until closing? - ANSWER-sellers attorney in escrow
who signs the contract last - ANSWER-the seller
the fullest interest i can have in my ownership of real estate is called having a ? -
ANSWER-fee simple
unlike residential leases, where if you add a fixture, such as a celling lamp, it
becomes part of the real property, in a commercial environment, its understood,
that if you add cabinets, refrigerator units, etc that they are leaving, when the lease
is over ,you would call this - ANSWER-trade fixtures
tenants in common, is characterized by - ANSWER-rights of survivorship
, in new york city, husband and wife, takes ownership as, ? - ANSWER-tenants in
the entirety
what would you call it when one person buys a property, all by himself,herself -
ANSWER-ownership in severalty
what would you call the owed of the government, to acquire, personally held real
property for the benefit of the public? - ANSWER-eminent domain/condemnation
a zoning ordinance would not require? - ANSWER-materials
when i go to the building dept, and i want to put in extension on a house, or modify
something, I'm making an application for? - ANSWER-permit
if I'm turned down because my application does not meet the letter of the building
code I'm going to make an appeal to the - ANSWER-zoning board of appeals
as a real estate sales person, i am practicing - ANSWER-special agency
as a property manager i am practicing - ANSWER-general agency
in estate planning i am practicing - ANSWER-universal agency
if its my intention to protect my client,usually the seller,from the vicarious liability,
of another licensee, violating the laws of licensure, i should always give out my
listings, to other licenses as brokers agents, or sub agents ? - ANSWER-brokers
agent
SALESPERSON (REEDC) EXAM
2026/2027 WITH 350 QUESTIONS
AND VERIFIED CORRECT
ANSWERS | ALREADY GRADED
A+ | REEDC LATEST EXAM
what are two other names in the questions above? - ANSWER-adverse posession
easement by prescription
for how many years would you have use of that persons property to make claim of
ownership? - ANSWER-10 years
if a person has the right to cross over your property its an? - ANSWER-easment
if a thing is crossing over your property line thats an? - ANSWER-encroachment
,if you buy materials from a supply house, and fail to pay them, they can file a
materialmens line, unfortunately this student told materialmens lien isn't one of the
choices - ANSWER-mechanics lien
we talked about, a formal legal description, of an vld, what is one example, of a
formal legal description? - ANSWER-section block and lot
meet and bounds
which description would not be formal legal description - ANSWER-street name
and street address
who determines, what the real estate commission, will be on a particular deal? -
ANSWER-sponsoring broker and client(seller)
if someone dies without having a valid will, he died? - ANSWER-intestate
if someone dies w/out having a valid will and the state cannot locate any heirs or
creditors, that persons property reverts to the state through a process called? -
ANSWER-escheat
what is the name, of the standardized closing statement, on settlement statement,
required by respa 1974 called? - ANSWER-hud1= settlement statement
what is a synonym for proration? - ANSWER-adjustment
whats the name of the deed, which gives the most legal promises, covenants, and
warranties to the buyer? - ANSWER-full covenant and warantee
,what is it called if i track back the successive owners of a piece of real estate,
starting w/the current deed and working my way backwards in time? - ANSWER-
chain of title of real property
a deed is a? - ANSWER-instrument that conveys a grantors interest
generally speaking, who creates the real estate contract, of sale - ANSWER-sellers
attorney
who signs the contract first - ANSWER-buyer
what does the buyer attach to the contract, after signing it - ANSWER-earnest
deposit
who holds the earnest deposit money from the buyer from the signing of the
contract until closing? - ANSWER-sellers attorney in escrow
who signs the contract last - ANSWER-the seller
the fullest interest i can have in my ownership of real estate is called having a ? -
ANSWER-fee simple
unlike residential leases, where if you add a fixture, such as a celling lamp, it
becomes part of the real property, in a commercial environment, its understood,
that if you add cabinets, refrigerator units, etc that they are leaving, when the lease
is over ,you would call this - ANSWER-trade fixtures
tenants in common, is characterized by - ANSWER-rights of survivorship
, in new york city, husband and wife, takes ownership as, ? - ANSWER-tenants in
the entirety
what would you call it when one person buys a property, all by himself,herself -
ANSWER-ownership in severalty
what would you call the owed of the government, to acquire, personally held real
property for the benefit of the public? - ANSWER-eminent domain/condemnation
a zoning ordinance would not require? - ANSWER-materials
when i go to the building dept, and i want to put in extension on a house, or modify
something, I'm making an application for? - ANSWER-permit
if I'm turned down because my application does not meet the letter of the building
code I'm going to make an appeal to the - ANSWER-zoning board of appeals
as a real estate sales person, i am practicing - ANSWER-special agency
as a property manager i am practicing - ANSWER-general agency
in estate planning i am practicing - ANSWER-universal agency
if its my intention to protect my client,usually the seller,from the vicarious liability,
of another licensee, violating the laws of licensure, i should always give out my
listings, to other licenses as brokers agents, or sub agents ? - ANSWER-brokers
agent
