NY Real Estate Exam Questions
New York Real Estate Salesperson Exam
Questions and Answers
1. In New York, the agency that regulates and issues real estate licenses is the:
A. New York Real Estate Board
B. Department of State (DOS)
C. Department of Financial Services
D. Secretary of the Treasury
Answer: B
Rationale: In New York, real estate licensing is administered by the Department of
State, Division of Licensing Services, not a separate real estate commission as in some
other states.
2. A New York real estate salesperson license must be renewed every:
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Answer: B
Rationale: New York salesperson and broker licenses are issued on a two-year
renewal cycle.
3. How many hours of continuing education are required for a New York salesperson
license renewal?
A. 12 hours
B. 15 hours
C. 22.5 hours
D. 45 hours
Answer: C
Rationale: New York requires 22.5 hours of approved continuing education every
two-year license cycle, including specific hours on fair housing/discrimination, ethics,
and agency.
4. The minimum age to obtain a real estate salesperson license in New York is:
A. 16
B. 18
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C. 19
D. 21
Answer: B
Rationale: New York requires an applicant to be at least 18 years old to be licensed as
a real estate salesperson.
5. To qualify for a New York salesperson license, an applicant must complete a
qualifying course of:
A. 45 hours
B. 75 hours
C. 120 hours
D. 90 hours
Answer: B
Rationale: New York requires a 75-hour qualifying salesperson course approved by
the Department of State prior to taking the state exam.
6. A salesperson's license must be held and supervised by:
A. Any licensed salesperson
B. A sponsoring broker
C. The Department of State
D. An attorney
Answer: B
Rationale: A New York salesperson may not operate independently; the license must
be sponsored and supervised by a licensed real estate broker.
7. If a salesperson changes sponsoring brokers, which form must be filed with the
Department of State?
A. RE-2 form only
B. A change of address form
C. DOS-1281 Change of Broker/Salesperson Record
D. No form is required
Answer: C
Rationale: New York requires the DOS-1281 form to record the transfer of a
salesperson's sponsorship from one broker to another.
8. A licensee who fails to complete continuing education before the license expires
will have a license that is:
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, NY Real Estate Exam Questions
A. Automatically revoked
B. Expired and inactive until renewed
C. Suspended for one year
D. Converted to referral status
Answer: B
Rationale: The license simply expires and becomes inactive; the licensee may not
practice until continuing education is completed and renewal is processed.
9. Which of the following is grounds for the Department of State to revoke a real
estate license?
A. Failing to advertise a listing within 30 days
B. Commingling client funds with personal funds
C. Taking a vacation during a listing period
D. Referring a buyer to another agent
Answer: B
Rationale: Commingling (mixing client escrow funds with personal or business funds)
is a serious violation of license law and grounds for disciplinary action, including
revocation.
10. Nonresident real estate licensees who wish to practice in New York must:
A. Take the NY exam only
B. Obtain a New York license through reciprocity or standard licensing requirements
C. Practice under an out-of-state license
D. File only a notarized affidavit
Answer: B
Rationale: Nonresidents must still meet New York's licensing requirements; New York
has reciprocal agreements with some states but generally requires compliance with
DOS licensing rules.
Section 2: Agency Relationships & Disclosure
11. Under New York law, a real estate licensee must present the agency disclosure
form to a buyer or seller:
A. Only if asked
B. At the first substantive contact involving the sale or purchase of residential
property
C. At closing
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New York Real Estate Salesperson Exam
Questions and Answers
1. In New York, the agency that regulates and issues real estate licenses is the:
A. New York Real Estate Board
B. Department of State (DOS)
C. Department of Financial Services
D. Secretary of the Treasury
Answer: B
Rationale: In New York, real estate licensing is administered by the Department of
State, Division of Licensing Services, not a separate real estate commission as in some
other states.
2. A New York real estate salesperson license must be renewed every:
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Answer: B
Rationale: New York salesperson and broker licenses are issued on a two-year
renewal cycle.
3. How many hours of continuing education are required for a New York salesperson
license renewal?
A. 12 hours
B. 15 hours
C. 22.5 hours
D. 45 hours
Answer: C
Rationale: New York requires 22.5 hours of approved continuing education every
two-year license cycle, including specific hours on fair housing/discrimination, ethics,
and agency.
4. The minimum age to obtain a real estate salesperson license in New York is:
A. 16
B. 18
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, NY Real Estate Exam Questions
C. 19
D. 21
Answer: B
Rationale: New York requires an applicant to be at least 18 years old to be licensed as
a real estate salesperson.
5. To qualify for a New York salesperson license, an applicant must complete a
qualifying course of:
A. 45 hours
B. 75 hours
C. 120 hours
D. 90 hours
Answer: B
Rationale: New York requires a 75-hour qualifying salesperson course approved by
the Department of State prior to taking the state exam.
6. A salesperson's license must be held and supervised by:
A. Any licensed salesperson
B. A sponsoring broker
C. The Department of State
D. An attorney
Answer: B
Rationale: A New York salesperson may not operate independently; the license must
be sponsored and supervised by a licensed real estate broker.
7. If a salesperson changes sponsoring brokers, which form must be filed with the
Department of State?
A. RE-2 form only
B. A change of address form
C. DOS-1281 Change of Broker/Salesperson Record
D. No form is required
Answer: C
Rationale: New York requires the DOS-1281 form to record the transfer of a
salesperson's sponsorship from one broker to another.
8. A licensee who fails to complete continuing education before the license expires
will have a license that is:
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, NY Real Estate Exam Questions
A. Automatically revoked
B. Expired and inactive until renewed
C. Suspended for one year
D. Converted to referral status
Answer: B
Rationale: The license simply expires and becomes inactive; the licensee may not
practice until continuing education is completed and renewal is processed.
9. Which of the following is grounds for the Department of State to revoke a real
estate license?
A. Failing to advertise a listing within 30 days
B. Commingling client funds with personal funds
C. Taking a vacation during a listing period
D. Referring a buyer to another agent
Answer: B
Rationale: Commingling (mixing client escrow funds with personal or business funds)
is a serious violation of license law and grounds for disciplinary action, including
revocation.
10. Nonresident real estate licensees who wish to practice in New York must:
A. Take the NY exam only
B. Obtain a New York license through reciprocity or standard licensing requirements
C. Practice under an out-of-state license
D. File only a notarized affidavit
Answer: B
Rationale: Nonresidents must still meet New York's licensing requirements; New York
has reciprocal agreements with some states but generally requires compliance with
DOS licensing rules.
Section 2: Agency Relationships & Disclosure
11. Under New York law, a real estate licensee must present the agency disclosure
form to a buyer or seller:
A. Only if asked
B. At the first substantive contact involving the sale or purchase of residential
property
C. At closing
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