3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
NYS Real Estate EXAM fully solved & updated
2025-2026(latest version verified for accuracy)
(Questions + Answers) Solved 100% Correct!!
Save
Terms in this set (316)
NYS Dept of State agency that licenses real estate agents/brokers
Property law name Article 12A
Types of real estate licenses (3) salesperson, associate broker, broker
An associate broker... has no broker powers
A broker... sponsors salespeople and associate brokers
The salesperson's license is kept by... the broker for whom the salesperson is working for,
kept in a secure place
Pocket ID card Kept with the agent, should be carried at all times
Any changes to a salesperson's should be submitted to the Department of State
license with 5 days notice
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,3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Fees for license Salesperson: $50 every 2 years
Broker/Associate broker: $150 every 2 years
Education requirements 22.5 hours of continuing education prior to license
renewal
Total educational hours for broker's 120 hours (75 sales, 45 brokers)
license 3500 points sales experience, 2 yrs full time
5250 points for related experience, 3 years full
time
reciprocal states to NY 9
Arkansas
Colorado
Connecticut
Georgia
Massachusetts
Mississippi
Oklahoma
Pennsylvania
West Virginia
What are the other DOS Licenses? 1. Notary public
(5) 2. Apartment Information Vendor
3. Apartment Sharing Agent
4. Appraiser
5 Home inspector
Office regulations 1. Must have appropriate office signage
2. Kickbacks are illegal!
3. Blind ads are illegal! (bait and switch)
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 2/33
,3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Administrative discipline for 1. suspension of license
misdeeds (3) 2. Revocation of license (must wait one year before
applying for licensing privilege)
3. Article 78 proceeding - Appeal a decision
Stigmatized property disclosure Article 443, sellers and seller agents do not have
to disclose this info and may or may not disclose
upon written request of the buyer or buyer agent.
A seller agent can disclose only with permission of
the seller. A buyer or buyer agent may provide
written request for disclosure to the seller or seller
agent during negotiations for purchase.
Do Attorneys need a license to No, except for when they employ licensee to work
practice real estate brokerage? under their supervision
Commingling of funds ILLEGAL!
Net listings ILLEGAL!
Violation of license law misdemeanor and punishable by $1K fine and or a
maximum sentence of a year in jail
Revocation of a broker's license... suspends the license of salespersons and associate
brokers in the broker's employ
Property Condition Disclosure must be provided to the buyer's agent before the
Statement sellers accept the purchase offer
Uncapped natural gas wells must be disclosed by seller to buyer before
entering into a contract of sale.
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 3/33
, 3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Who can be an officer in a real Only full broker. Not an associate broker, not a
estate company? salesperson
Who can show property? Only licensed salespeople or brokers
Agent usually works for seller, but can also work for a
buyer, representation, looks for best interest of
party, for the buyer an agent usually services, goes
through motions but no fiduciary responsibilty
Customer the party whom the agent brings to the pricipal as
a seller or buyer of the property
Client the person who selects the agent to acts on his
behalf
dual agency when agent acts for both buyer and seller (they
only have fucidicary responsibilty to whom hired
them)
Fudiciary responsibilities OLD CAR
Obedience
Loyalty
Disclosure of Info
Confidentiality
Accountability
Reasonable care, skill, dilligence
This is given to a client, never a customer
Real estate agent is known as... SPECIAL AGENT (one matter)
special agent with specific authority
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 4/33
NYS Real Estate EXAM fully solved & updated
2025-2026(latest version verified for accuracy)
(Questions + Answers) Solved 100% Correct!!
Save
Terms in this set (316)
NYS Dept of State agency that licenses real estate agents/brokers
Property law name Article 12A
Types of real estate licenses (3) salesperson, associate broker, broker
An associate broker... has no broker powers
A broker... sponsors salespeople and associate brokers
The salesperson's license is kept by... the broker for whom the salesperson is working for,
kept in a secure place
Pocket ID card Kept with the agent, should be carried at all times
Any changes to a salesperson's should be submitted to the Department of State
license with 5 days notice
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 1/33
,3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Fees for license Salesperson: $50 every 2 years
Broker/Associate broker: $150 every 2 years
Education requirements 22.5 hours of continuing education prior to license
renewal
Total educational hours for broker's 120 hours (75 sales, 45 brokers)
license 3500 points sales experience, 2 yrs full time
5250 points for related experience, 3 years full
time
reciprocal states to NY 9
Arkansas
Colorado
Connecticut
Georgia
Massachusetts
Mississippi
Oklahoma
Pennsylvania
West Virginia
What are the other DOS Licenses? 1. Notary public
(5) 2. Apartment Information Vendor
3. Apartment Sharing Agent
4. Appraiser
5 Home inspector
Office regulations 1. Must have appropriate office signage
2. Kickbacks are illegal!
3. Blind ads are illegal! (bait and switch)
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 2/33
,3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Administrative discipline for 1. suspension of license
misdeeds (3) 2. Revocation of license (must wait one year before
applying for licensing privilege)
3. Article 78 proceeding - Appeal a decision
Stigmatized property disclosure Article 443, sellers and seller agents do not have
to disclose this info and may or may not disclose
upon written request of the buyer or buyer agent.
A seller agent can disclose only with permission of
the seller. A buyer or buyer agent may provide
written request for disclosure to the seller or seller
agent during negotiations for purchase.
Do Attorneys need a license to No, except for when they employ licensee to work
practice real estate brokerage? under their supervision
Commingling of funds ILLEGAL!
Net listings ILLEGAL!
Violation of license law misdemeanor and punishable by $1K fine and or a
maximum sentence of a year in jail
Revocation of a broker's license... suspends the license of salespersons and associate
brokers in the broker's employ
Property Condition Disclosure must be provided to the buyer's agent before the
Statement sellers accept the purchase offer
Uncapped natural gas wells must be disclosed by seller to buyer before
entering into a contract of sale.
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 3/33
, 3/4/26, 10:30 AM NYS Real Estate EXAM fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100%…
Who can be an officer in a real Only full broker. Not an associate broker, not a
estate company? salesperson
Who can show property? Only licensed salespeople or brokers
Agent usually works for seller, but can also work for a
buyer, representation, looks for best interest of
party, for the buyer an agent usually services, goes
through motions but no fiduciary responsibilty
Customer the party whom the agent brings to the pricipal as
a seller or buyer of the property
Client the person who selects the agent to acts on his
behalf
dual agency when agent acts for both buyer and seller (they
only have fucidicary responsibilty to whom hired
them)
Fudiciary responsibilities OLD CAR
Obedience
Loyalty
Disclosure of Info
Confidentiality
Accountability
Reasonable care, skill, dilligence
This is given to a client, never a customer
Real estate agent is known as... SPECIAL AGENT (one matter)
special agent with specific authority
https://quizlet.com/1151554301/nys-real-estate-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answers-solved-1… 4/33
