NEW YORK STATE REAL ESTATE
SALESPERSON LICENSING EXAM
2025 |GUARANTEED PASS!!
In NYS, how old must one be to enter into contracts? - Accurate
✔✔✔ ......18.
What other capability should they possess? - Accurate ✔✔✔ ......Mental
and emotional capability.
What happens if one of the parties to the contract is a minor? - Accurate
✔✔✔ ......The contract is voidable by the minor
What does the zoning board of appeals do? - Accurate ✔✔✔ ......Grants
variances
What regulates construction standards in NYS? - Accurate
✔✔✔ ......Building codes
What does municipal engineer's office do? - Accurate
✔✔✔ ......Oversees planning and construction of major highways, sweet
systems and water connections
, If a property ad states that the property is near the vicinity of a
geographical area, what else mud the ad include? - Accurate ✔✔✔ ......It
must include the name of the geographical area where the property is
actually located
Who is usually exempt from property taxes? - Accurate
✔✔✔ ......Disabled, veterans, farmers, elderly gold star parents *kids die
in the war, star program homeowners
Who is not usually exempt from property taxes? - Accurate
✔✔✔ ......Second home owners
What covers fully or personal property lost in a fire? - Accurate
✔✔✔ ......Replacement cost
Find the square footage of a rectangular shaped floor plan. How do you
find the area of a square/rectangle? - Accurate ✔✔✔ ......Length x Width
= Area
What is the cash on cash return on a $2,000,000 property with a down
payment of $500,000 and $15,000 monthly rental income? - Accurate
✔✔✔ ......36%
Who hires the agent? - Accurate ✔✔✔ ......Principal or client
SALESPERSON LICENSING EXAM
2025 |GUARANTEED PASS!!
In NYS, how old must one be to enter into contracts? - Accurate
✔✔✔ ......18.
What other capability should they possess? - Accurate ✔✔✔ ......Mental
and emotional capability.
What happens if one of the parties to the contract is a minor? - Accurate
✔✔✔ ......The contract is voidable by the minor
What does the zoning board of appeals do? - Accurate ✔✔✔ ......Grants
variances
What regulates construction standards in NYS? - Accurate
✔✔✔ ......Building codes
What does municipal engineer's office do? - Accurate
✔✔✔ ......Oversees planning and construction of major highways, sweet
systems and water connections
, If a property ad states that the property is near the vicinity of a
geographical area, what else mud the ad include? - Accurate ✔✔✔ ......It
must include the name of the geographical area where the property is
actually located
Who is usually exempt from property taxes? - Accurate
✔✔✔ ......Disabled, veterans, farmers, elderly gold star parents *kids die
in the war, star program homeowners
Who is not usually exempt from property taxes? - Accurate
✔✔✔ ......Second home owners
What covers fully or personal property lost in a fire? - Accurate
✔✔✔ ......Replacement cost
Find the square footage of a rectangular shaped floor plan. How do you
find the area of a square/rectangle? - Accurate ✔✔✔ ......Length x Width
= Area
What is the cash on cash return on a $2,000,000 property with a down
payment of $500,000 and $15,000 monthly rental income? - Accurate
✔✔✔ ......36%
Who hires the agent? - Accurate ✔✔✔ ......Principal or client
