NEW YORK STATE REAL ESTATE FINAL EVALUATION QUESTIONS
WITH SOLUTIONS A+ 2025/2026
✔✔Of the following which is an agent of the principle - ✔✔Broker of record
✔✔A salesperson may be paid a real estate brokerage commission by - ✔✔His or her
employing broker
✔✔The broker refuses to sue a seller for a commission lawfully earned , the
salesperson may - ✔✔Sue the broker
✔✔A broker may split a commision with - ✔✔None of the above
✔✔A real estate broker may advertise property in the name of - ✔✔Broker
✔✔A sales person has an offer for a property listed by another broker, the salesperson
should - ✔✔Ask his/her broker to contact the listing broker to arrange for a cooperative
brokerage agreement
✔✔A broker has four written offers from four purchasers, which offer should be
submitted to the owner - ✔✔All offers
✔✔A broker refuses to disclose the name of the purchaser to a seller, the broker is
entitled to - ✔✔No commission
✔✔If a brokers license is suspended or revoked by the DOS the broker may - ✔✔Apply
for a article 78 proceeding
✔✔A broker may sue a principle for a earned commission in - ✔✔Civil court
✔✔Hearings to determine whether a brokers license should be suspended will be held
with - ✔✔Department of state
✔✔Which of the following is legal in new york - ✔✔A 10 percent fee to q principal
✔✔A lease must be in writing to be enforceable in court if it is for a period of - ✔✔More
than one year
✔✔A listing given to many brokers, any of whom can sell it is a - ✔✔Open listing
✔✔The right of the government to enact laws for the general good of the public comes
under - ✔✔Police power
, ✔✔A listing where the seller can sell to a purchaser without paying a brokerage
commission is a - ✔✔Exclusive agency
✔✔A real estate commission is earned by a broker at - ✔✔When a broker brings about
a meeting of the minds w a ready , willing and able buyer
✔✔The rate of commission to be paid a broker is determined by - ✔✔Agreement of the
parties to the listing agreement
✔✔A salespersons split of the commission is determined by - ✔✔Employment contract
between salesperson and broker
✔✔A principle gives a listing to brokers a,b,c and d, which broker is entitled to the
commission - ✔✔The broker who is the procuring cause of the contract
✔✔An agreement to do something between competent parties for consideration is
called - ✔✔Contract
✔✔Any right to or interest in land that diminishes its value is called a - ✔✔Encumbrance
✔✔If a property owner does not pay real estate taxes the muninciple government may
file a - ✔✔Tax lien
✔✔A law that reqires certain contracts to be in writing is called - ✔✔Statue of frauds
✔✔A lien given by law upon a building to secure the price of labor is called -
✔✔Mechanics lien
✔✔A right that may be exercised by the public or an individual over the property of
another is called - ✔✔Easement
✔✔A limitation placed upon the use of property contained in the deed is called -
✔✔Restriction
✔✔A clause in a reap estate contract in which the sellers and the buyers must close on
a specific date is called - ✔✔Time of essence clause
✔✔A contract of sale signed by minor is - ✔✔Voidable
✔✔A summary of all recorded instruments affecting the title to real estate is called -
✔✔Abstract of title
WITH SOLUTIONS A+ 2025/2026
✔✔Of the following which is an agent of the principle - ✔✔Broker of record
✔✔A salesperson may be paid a real estate brokerage commission by - ✔✔His or her
employing broker
✔✔The broker refuses to sue a seller for a commission lawfully earned , the
salesperson may - ✔✔Sue the broker
✔✔A broker may split a commision with - ✔✔None of the above
✔✔A real estate broker may advertise property in the name of - ✔✔Broker
✔✔A sales person has an offer for a property listed by another broker, the salesperson
should - ✔✔Ask his/her broker to contact the listing broker to arrange for a cooperative
brokerage agreement
✔✔A broker has four written offers from four purchasers, which offer should be
submitted to the owner - ✔✔All offers
✔✔A broker refuses to disclose the name of the purchaser to a seller, the broker is
entitled to - ✔✔No commission
✔✔If a brokers license is suspended or revoked by the DOS the broker may - ✔✔Apply
for a article 78 proceeding
✔✔A broker may sue a principle for a earned commission in - ✔✔Civil court
✔✔Hearings to determine whether a brokers license should be suspended will be held
with - ✔✔Department of state
✔✔Which of the following is legal in new york - ✔✔A 10 percent fee to q principal
✔✔A lease must be in writing to be enforceable in court if it is for a period of - ✔✔More
than one year
✔✔A listing given to many brokers, any of whom can sell it is a - ✔✔Open listing
✔✔The right of the government to enact laws for the general good of the public comes
under - ✔✔Police power
, ✔✔A listing where the seller can sell to a purchaser without paying a brokerage
commission is a - ✔✔Exclusive agency
✔✔A real estate commission is earned by a broker at - ✔✔When a broker brings about
a meeting of the minds w a ready , willing and able buyer
✔✔The rate of commission to be paid a broker is determined by - ✔✔Agreement of the
parties to the listing agreement
✔✔A salespersons split of the commission is determined by - ✔✔Employment contract
between salesperson and broker
✔✔A principle gives a listing to brokers a,b,c and d, which broker is entitled to the
commission - ✔✔The broker who is the procuring cause of the contract
✔✔An agreement to do something between competent parties for consideration is
called - ✔✔Contract
✔✔Any right to or interest in land that diminishes its value is called a - ✔✔Encumbrance
✔✔If a property owner does not pay real estate taxes the muninciple government may
file a - ✔✔Tax lien
✔✔A law that reqires certain contracts to be in writing is called - ✔✔Statue of frauds
✔✔A lien given by law upon a building to secure the price of labor is called -
✔✔Mechanics lien
✔✔A right that may be exercised by the public or an individual over the property of
another is called - ✔✔Easement
✔✔A limitation placed upon the use of property contained in the deed is called -
✔✔Restriction
✔✔A clause in a reap estate contract in which the sellers and the buyers must close on
a specific date is called - ✔✔Time of essence clause
✔✔A contract of sale signed by minor is - ✔✔Voidable
✔✔A summary of all recorded instruments affecting the title to real estate is called -
✔✔Abstract of title
