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REVIEW QUESTIONS FOR NY REAL ESTATE EXAM questions and answers well illustrated.

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1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - ans -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - ans C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sale of one's own property b. Sale by the owner's lawyer c. Sale of land by an auctioneer d. Foreclosure sale by court order - ans C: selling land at an auction. 4-An associate broker may

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Institution
FOR NY REAL ESTATE
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FOR NY REAL ESTATE

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Uploaded on
February 24, 2024
Number of pages
31
Written in
2023/2024
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Questions & answers

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  • review questions for ny real estate exam questions
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