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Exam (elaborations)

New York State Real Estate Salesperson Licensing Exam COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!!

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New York State Real Estate Salesperson Licensing Exam COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!!

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New York State Real Estate Salesperson Licensing Exam COMPLETE
New York State Real Estate Salesperson Licensing Exam
QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!!
Study online at https://quizlet.com/_v43va

1. In NYS, how old must one be to enter into con- 18
tracts?

2. What other capability should they possess? Mental and emotional capability

3. What happens if one of the parties to the con- The contract is voidable by the minor
tract is a minor?

4. What does the zoning board of appeals do? Grants variances

5. What regulates construction standards in NYS? Building codes

6. What does municipal engineer's office do? Oversees planning and construction
of major highways, sweet systems and
water connections

7. If a property ad states that the property is near It must include the name of the geo-
the vicinity of a geographical area, what else graphical area where the property is
mud the ad include? actually located

8. Who is usually exempt from property taxes? Disabled, veterans, farmers, elderly
gold star parents *kids die in the war,
star program homeowners

9. Who is not usually exempt from property taxes? Second home owners

10. What covers fully or personal property lost in a Replacement cost
fire?

11. Find the square footage of a rectangular Length x Width = Area
shaped floor plan. How do you find the area of
a square/rectangle?

12. 36%

1/8

, New York State Real Estate Salesperson Licensing Exam
Study online at https://quizlet.com/_v43va

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?

13. Who hires the agent? Principal or client

14. What is not a CMA (Comparative Market Analy- An apprasial
sis?)

15. What cannot a salesperson do? Collect money directly from the client
or customer

16. When should the Agency disclosure form be At the first substantive contact
submitted?

17. Which document describes the agency (who he Agency disclosure form
or she represents) of the salesperson?

18. What is another name for the slope of a roof? Pitch

19. What carcinogenic component was used as in- PCB's or polychlorinated biphenyls
sulation in electric transformers that contami-
nated soil and ground water?

20. What can brokers provide their salespeople if Office phone
they are independent contractors?

21. Whats right to access whiter from a river or Riparian
stream called?

22. What did the civil rights act of 1866 protect Race
without exception?

23. Disability and familial status

2/8

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