NYREI SCHOOL EXAM 2025 REAL EXAM
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When someone dies without a will
What is the minimum licensing
and without heirs or creditors, his
1 2 requirement to sell commercial real
properly reverts to the state through
estate in New York?
the process of
Who pays the property taxes in a A salesperson who is an
3 4
triple net lease? independent contractor
, Don't know?
Terms in this set (75)
What is the minimum a real estate salesperson's license
licensing requirement to
sell commercial real estate
in New York?
What is the preferred expressed agency
method of creating an
agency relationship?
An amenity purchaser occupies or uses the purchased property
Condominium units are real / deed
considered _____ property
and are conveyed by _____.
A salesperson who is an is not subject to withholding requirements.
independent contractor
A homeowner facing property tax lien
foreclosure has a number
of liens: The original
mortgage, a mechanic's
lien from six months ago, a
judgment lien from two
years ago, and a property
tax lien that was just filed.
When the property is sold,
which lien will be paid first
from the proceeds?
What is another word for Client. The principal in any fiduciary relationship is the
principal? client.
QUESTIONS |MOST TESTED QUESTIONS AND
CORRECT ANSWERS |100% ACCURATE|GET IT
RIGHT!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
escheat
Choose an answer
When someone dies without a will
What is the minimum licensing
and without heirs or creditors, his
1 2 requirement to sell commercial real
properly reverts to the state through
estate in New York?
the process of
Who pays the property taxes in a A salesperson who is an
3 4
triple net lease? independent contractor
, Don't know?
Terms in this set (75)
What is the minimum a real estate salesperson's license
licensing requirement to
sell commercial real estate
in New York?
What is the preferred expressed agency
method of creating an
agency relationship?
An amenity purchaser occupies or uses the purchased property
Condominium units are real / deed
considered _____ property
and are conveyed by _____.
A salesperson who is an is not subject to withholding requirements.
independent contractor
A homeowner facing property tax lien
foreclosure has a number
of liens: The original
mortgage, a mechanic's
lien from six months ago, a
judgment lien from two
years ago, and a property
tax lien that was just filed.
When the property is sold,
which lien will be paid first
from the proceeds?
What is another word for Client. The principal in any fiduciary relationship is the
principal? client.
