NY Real Estate Licensing Course

Real Estate Licensing Exam: Level 24 - Property Management questions and answers

Terms in this set (101) 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides alisting lead -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sal...

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NY Real Estate Practice Exam 2025. Complete Genuine Exam Questions and Correct Answers. Already Graded A+. To be licensed as a real estate broker, an individual must be at least how old? - CORRECT ANS >>c. 20 Which of the following individuals is exempt from licensure? - CORRECT ANS >>a. attorneys admitted to practice in the New York courts To save in paperwork, Broker Bright decides to combine her office operating account with the deposits obtained from contracts of sale....

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