NEW YORK STATE REAL ESTATE SALESPERSON
LICENSING EXAM / QUESTIONS BANK / COMPLETE
ACCURATE QUIZZES WITH DETAILED, VERIFIED
ANSWERS / 2025
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Terms in this set (75)
In NYS, how old must one be 18
to enter into contracts?
What other capability should Mental and emotional capability
they possess?
What happens if one of the The contract is voidable by the minor
parties to the contract is a
minor?
What does the zoning board Grants variances
of appeals do?
, What regulates construction Building codes
standards in
NYS?
What does municipal Oversees planning and construction of major highways,
engineer's office do? sweet systems and water connections
If a property ad states that It must include the name of the geographical area where the
the property is near the property is actually located
vicinity of a geographical
area, what else mud the ad
include?
Who is usually exempt from Disabled, veterans, farmers, elderly gold star parents
property taxes? *kids die in the war, star program homeowners
Who is not usually exempt Second home owners
from property taxes?
What covers fully or personal Replacement cost
property lost in a fire?
Find the square footage of a Length x Width = Area
rectangular shaped floor
plan. How do you find the
area of a square/rectangle?
What is the cash on cash 36%
return on a $2,000,000
property with a down
payment of $500,000 and
$15,000 monthly rental
income?
Who hires the agent? Principal or client
What is not a CMA An apprasial
(Comparative Market
Analysis?)
LICENSING EXAM / QUESTIONS BANK / COMPLETE
ACCURATE QUIZZES WITH DETAILED, VERIFIED
ANSWERS / 2025
Practice questions for this set
Learn
Studied terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (75)
In NYS, how old must one be 18
to enter into contracts?
What other capability should Mental and emotional capability
they possess?
What happens if one of the The contract is voidable by the minor
parties to the contract is a
minor?
What does the zoning board Grants variances
of appeals do?
, What regulates construction Building codes
standards in
NYS?
What does municipal Oversees planning and construction of major highways,
engineer's office do? sweet systems and water connections
If a property ad states that It must include the name of the geographical area where the
the property is near the property is actually located
vicinity of a geographical
area, what else mud the ad
include?
Who is usually exempt from Disabled, veterans, farmers, elderly gold star parents
property taxes? *kids die in the war, star program homeowners
Who is not usually exempt Second home owners
from property taxes?
What covers fully or personal Replacement cost
property lost in a fire?
Find the square footage of a Length x Width = Area
rectangular shaped floor
plan. How do you find the
area of a square/rectangle?
What is the cash on cash 36%
return on a $2,000,000
property with a down
payment of $500,000 and
$15,000 monthly rental
income?
Who hires the agent? Principal or client
What is not a CMA An apprasial
(Comparative Market
Analysis?)
