- Study guides, Class notes & Summaries

What agency issues real estate licenses? - The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - 18 Do you need experience in the field to become a sales person? - No What is the minimum age to become a real estate broker? - 20 If your license is revoked, how long do you have to wait to re-apply for it? - One year Do you need experience in the field to become a broker? - Yes, at least 2 years of experience and ...

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15 pages

Written in 2023/2024

Grade A+

ClassHero

There must be an offer and acceptance - What is a requirement for a real estate contract to be valid ? Purchaser - Which party to a real estate contract of sale usually signs it first ? TILA-RESPA integrated DIsclosure rule (trid) - The requirement to provide a loan estimate form for all closing costs to the borrower for most residential mortgage loans is the ? Federal regulations Z - What regulates real estate advertisements that include financing terms ? Shared equity mortgages - A pur...

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16 pages

Written in 2024/2025

Grade A+

BOARDWALK

The material includes detailed answers and rationales to strengthen understanding of core real estate principles, improve exam performance, and develop practical knowledge required for success in the NYS real estate licensing examination. It serves as an effective resource for structured study, practice testing, and exam readiness.

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18 pages

Written in 2025/2026

Grade A+

LECPOPC

NEW YORK STATE REAL ESTATE SALESPERSON LICENSING EXAM 2026 REAL ESTATE PRINCIPLES ASSESSMENT STUDY GUIDE COMPLETE QUESTIONS AND ANSWERS

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27 pages

Written in 2025/2026

Grade A+

GradeGalaxy

NEW YORK STATE REAL ESTATE SALESPERSON LICENSING EXAM 2026 QUESTION PROPERTY LAW MODULE SOLVED ITEMS AND RESPONSE KEY

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9 pages

Written in 2025/2026

Grade A+

GradeGalaxy

NEW YORK STATE REAL ESTATE SALESPERSON LICENSING EXAM 2026 PROPERTY PRACTICE TEST PAPER QUESTIONS AND SOLUTIONS GRADED A+

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29 pages

Written in 2025/2026

Grade A+

GradeGalaxy

NEW YORK STATE REAL ESTATE SALESPERSON LICENSING EXAM 2026 FINAL ASSESSMENT PAPER BROKERAGE PRACTICES COMPREHENSIVE QUESTIONS AND ANSWERS VERIFIED A+

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162 pages

Written in 2025/2026

Grade A+

GradeGalaxy

New York State Real Estate Bundled Exams Questions and Answers 100% Pass |Updated

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2 items

BrittieDonald

NEW YORK STATE REAL ESTATE EXAM QUESTIONS AND ANSWERS 2025

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47 pages

Written in 2024/2025

Grade A+

Teacher101

The Real Estate Settlement Procedures Act (RESPA) refers to full disclosure of? - Correct Ans-Closing cost for a federally related mortgage loan The highest type of ownership and Real Estate is? - Correct Ans-Fee simple When a Broker commingles the money of a client with the brokers own money, what's fiduciary duty is being violated? - Correct Ans-Accountability Which one of the following environmental hazards is considered being relatively simple and inexpensive to remed...

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28 pages

Written in 2024/2025

Grade A+

AlexScorer

If one roommate dies and the other automatically inherits, what kind of ownership was it? - Ownership by Entirety and Joint Tenants have survivorship. How many points does it take to be a broker? - 3500 How old does a broker have to be? - 20 How many total hours of class does a broker need? - 75 hours salesperson + 45 hours broker = 120 hours How much do salesperson and broker licenses cost? - Salesperson is $55 and Broker is $155 Over how many years is commercial investment property dep...

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42 pages

Written in 2024/2025

Grade A+

BOARDWALK

Headers - Horizontal supports above doors and windows Heat pump - Mechanism that uses heat from outside air to reduce heating and air conditioning Percolation Test - A test to see if a septic tank will work successfully in a specific location Pitch - Slope of a roof expressed as a ratio of height to span Platform Framing Construction - Common form of construction for one and two story residential buildings; one floor is built at a time, with the lower floor providing a platform on which ...

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11 pages

Written in 2024/2025

Grade A+

BOARDWALK

What is another name for transfer of title to real property? - Conveyance What is it called when the government dictates how a property can be used? - Zoning Who issues real estate licenses? - NY Department of State Who oversees licensing and registration of mortgage bankers and brokers? - NYS banking department Which department oversees drinking water safety? - Department of Health Who determines commission? - Principal/Client and the broker What occurs when the agent represents the sel...

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5 pages

Written in 2024/2025

Grade A+

BOARDWALK

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 - As...

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9 pages

Written in 2024/2025

Grade A+

BOARDWALK

NYS REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

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70 pages

Written in 2024/2025

Grade A+

Lectjlen

New York Real Estate License Law EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

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16 pages

Written in 2024/2025

Grade A+

Allivia

NYS Real Estate Practice Exam Questions with Complete Solutions (Latest 2025)

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25 pages

Written in 2024/2025

Grade A+

Allivia

New York State Real Estate Salesperson Licensing Exam Questions with Complete Solutions (Latest

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11 pages

Written in 2024/2025

Allivia

NY REAL ESTATE CHAPTER 2 law of agency multiple choice study guide Questions With Complete

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8 pages

Written in 2024/2025

Allivia

NYC Real estate EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

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22 pages

Written in 2024/2025

Grade A+

Allivia

New York real estate exam Questions and Verified Answers, 100- Guarantee Pass (Latest 2025

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21 pages

Written in 2024/2025

Allivia