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NYS Real Estate Practice Exam Questions and answers 2025 update What does the buyer attach to the contract after signing it? - n Ans Down payment Who holds the earnest deposit money from the buyer from the signing of the contract until closing? - n An

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NYS Real Estate Practice Exam Questions and answers 2025 update What does the buyer attach to the contract after signing it? - n Ans Down payment Who holds the earnest deposit money from the buyer from the signing of the contract until closing? - n Ans The Sellers Attorney Who signs the contract last? - n Ans The Seller The fullest interest I can have in my ownership of realestate is? - n Ans Fee Simple Absolute In a commercial environment it is understood that if you have cabinets, refrigerators, etc that are leaving when the lease is over, these are called? - n Ans Trade Fixtures Tenants in common is characterized by? - n Ans Rights of Inheritance Joint Tenants is characterized by? - n Ans Rights of Survivorship In NYS, husband and wife take ownership as? - n Ans Tenants Entirety What is it called when one person buys property for himself/herself? - n Ans Owner in severalty What do you call the power of the government to acquire personally held real property for the benefit of the public? - n Ans Eminent Domain or Condemnation A zoning ordinance would NOT require? - n Ans C-material When I goto the building department and i want to put an extension on my house or modify something, I am making an application for? - n Ans Building Permit

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NYS Real Estuestions and answer
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NYS Real Estuestions and answer

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Uploaded on
June 12, 2025
Number of pages
26
Written in
2024/2025
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Exam (elaborations)
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Questions & answers

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NYS Real Estate Practice Exam
Questions and answers 2025 update

What does the buyer attach to the contract after signing it? - n
Ans✔
Down payment


Who holds the earnest deposit money from the buyer from the signing of the
contract until closing? - n
Ans✔
The Sellers Attorney


Who signs the contract last? - n
Ans✔
The Seller


The fullest interest I can have in my ownership of realestate is? - n
Ans✔
Fee Simple Absolute


In a commercial environment it is understood that if you have cabinets,
refrigerators, etc that are leaving when the lease is over, these are called? - n
Ans✔
Trade Fixtures


Tenants in common is characterized by? - n
Ans✔
Rights of Inheritance

,Joint Tenants is characterized by? - n
Ans✔
Rights of Survivorship


In NYS, husband and wife take ownership as? - n
Ans✔
Tenants Entirety


What is it called when one person buys property for himself/herself? - n
Ans✔
Owner in severalty


What do you call the power of the government to acquire personally held real
property for the benefit of the public? - n
Ans✔
Eminent Domain or Condemnation


A zoning ordinance would NOT require? - n
Ans✔
C-material


When I goto the building department and i want to put an extension on my house or
modify something, I am making an application for? - n
Ans✔
Building Permit


If I am turned down, because my application does not meet leeter of the building
code, I am going to make my appeal to? - n
Ans✔
Zoning Board of Appeals (ZBA)

, If the ZBA grants my application, I am granted a ? - n
Ans✔
Variance


Roof Rafters are _____ in orientation - n
Ans✔
Diagonal


The pitch is what? - n
Ans✔
The slope of the roof


Circuit Breakers and________ both serve the same function? - n
Ans✔
Fuses


What is put on the outside of the studs to begin to weatherproof the house? - n
Ans✔
Sheathing


The amount of current available in a structure? - n
Ans✔
Amps


What is the minimum amperage for new construction in NYS? - n
Ans✔
100-A


The force or pressure of current is what? - n
Ans✔
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