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Exam (elaborations)

Real Estate U Final Exam 2023/2024 with 100% correct answers

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2023/2024 Written for academic year
Institution RealEstateU
Course RealEstateU
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- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age - correct answer Article 12-A of the NYS Real Property Law - A licensed real estate broker that holds the license of a salesperson. - correct answer Sponsor - Obtained after you register for the New York State Salesperson exam using eAccessNY. You must bring your "Summary of Your Submission" with you when taking the State exam. - correct answer "Summary of Your Submission" - A crime punishable by up to a year in prison and/or a $1,000 fine. - correct answer Misdemeanor - An employment contract between principal and agent, authorizing the agent to perform services for the principle involving the latter's property - correct answer Listing Ag

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