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Exam (elaborations)

NY STATE Real Estate U Test Exam Prep with Complete Solutions

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NY STATE Real Estate U Test Exam Prep with Complete SolutionsNY STATE Real Estate U Test Exam Prep with Complete SolutionsNY STATE Real Estate U Test Exam Prep with Complete SolutionsNY STATE Real Estate U Test Exam Prep with Complete SolutionsNY STATE Real Estate U Test Exam Prep with Complete Solutions Department of State responsibility? - ANSWER-Responsible for issuing real estate licenses, pock cards, and handing down disciplinary action. Article 12-A NYS real property law outlines - ANSWER-Roles and responsibilities of department of state. Typical commission in NY? - ANSWER-6% Commissions are ______ and determined by____? - ANSWER--Negotiable -both client and broker Blind ad - ANSWER-An ad that remains anonymous as to who is advertising. Which is illegal What must be included in advertisement? - ANSWER-17.25 Article 12-A of NY real property law stats -must indicate broker name and phone # What happen if broker license is suspended or there is revocation? - ANSWER-Salesperson and associates broker licenses are suspended. What are Fiduciary Duties? - ANSWER-Obedience

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NY STATE Real Estate U
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Institution
NY STATE Real Estate U
Course
NY STATE Real Estate U

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Uploaded on
August 11, 2023
Number of pages
8
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • ny state real esta

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