\NYS Real Estate Updated Exam 2026 WITH Recent Newest Verified
And Well Analyzed Exam Questions (Actual Exam 2026-2027) Correct
Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY
GRADED A+||NEWEST VERSION Of The Exam Guarantee Pass!!
The spelling out of how it is to be built along the lines of a blueprint are called? -
ANSWERS-Specifications
What material was used to insulate heating pipes? -ANSWERS-Asbestos
What is the name of the colorless, odorless, radioactive gas? -ANSWERS-Radon
Percolation rate is? -ANSWERS-The movement of water through soil
A CMA is not an ? -ANSWERS-Appraisal
An estimation of how much property will sell for in a typical transaction ? -
ANSWERS-Market Value
The highest price a Buyer will take and the lowest price a seller will take? -
ANSWERS-Market Value
An apartment building has a heating system which although is in good repair,
does not meet the needs of its current tenants, is an example of what? -
ANSWERS-Functional Obsolescence
,Which term best identifies the most probable price for which specified property
right should sell to a knowledeable buyer in a competitive market? -ANSWERS-
Market Value
What is the study of recently sold properties, currently competiting listing,
monthly expiered listings, buyer appeal market position, assets and drawbacks,
area market, conditions recommended terms and market value range? -
ANSWERS-Comparative Market Analysis (CMA)
What do you call people who get into real estate offices to make sure that all
people are being treated the same way? -ANSWERS-Testers
If i have a disabled tenant who wants to make a modification, what do i do? -
ANSWERS-Allow them to make the medication at their own expense and then
replace the modification upond vacating the unit all at their own expense.
What was the year of the first major federal housing legislation? -ANSWERS-1866
What was the protected class in the 1866 Civil Rights Act? -ANSWERS-Race
What was the year of the first major legislation to directly affect property
ownership rights? -ANSWERS-1866
What would be an exception to the 1866 civil rights act? -ANSWERS-A person
renting out a room in their own home, which they actually live in, to the same
sex.
, What was the year of the second major piece of federal fair housing legislation? -
ANSWERS-1968
What classes were protected under the 1968 FHA? -ANSWERS-Race, Religion,
National Origin
In 1974, there was an amendment- what class was added to the 1968 legislature?
-ANSWERS-Gender
In 1988 there was an amendment- what class was added to the 1968 legislature? -
ANSWERS-Familial and Disability
I am taking "green" customers to an only "green" people neighborhoods, this is
known as ? -ANSWERS-Steering
I am going into a neighborhood and inducing "panic selling". What is this called? -
ANSWERS-Block-busting
A banker decided not to lend in a community because of the infusion of people of
a particular race, religion, or nationality. What is this called? -ANSWERS-Red-lining
What is exempt from federal fair housing laws? -ANSWERS-Age
There are never any exemptions from fair housing laws based on? -ANSWERS-
Race
And Well Analyzed Exam Questions (Actual Exam 2026-2027) Correct
Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY
GRADED A+||NEWEST VERSION Of The Exam Guarantee Pass!!
The spelling out of how it is to be built along the lines of a blueprint are called? -
ANSWERS-Specifications
What material was used to insulate heating pipes? -ANSWERS-Asbestos
What is the name of the colorless, odorless, radioactive gas? -ANSWERS-Radon
Percolation rate is? -ANSWERS-The movement of water through soil
A CMA is not an ? -ANSWERS-Appraisal
An estimation of how much property will sell for in a typical transaction ? -
ANSWERS-Market Value
The highest price a Buyer will take and the lowest price a seller will take? -
ANSWERS-Market Value
An apartment building has a heating system which although is in good repair,
does not meet the needs of its current tenants, is an example of what? -
ANSWERS-Functional Obsolescence
,Which term best identifies the most probable price for which specified property
right should sell to a knowledeable buyer in a competitive market? -ANSWERS-
Market Value
What is the study of recently sold properties, currently competiting listing,
monthly expiered listings, buyer appeal market position, assets and drawbacks,
area market, conditions recommended terms and market value range? -
ANSWERS-Comparative Market Analysis (CMA)
What do you call people who get into real estate offices to make sure that all
people are being treated the same way? -ANSWERS-Testers
If i have a disabled tenant who wants to make a modification, what do i do? -
ANSWERS-Allow them to make the medication at their own expense and then
replace the modification upond vacating the unit all at their own expense.
What was the year of the first major federal housing legislation? -ANSWERS-1866
What was the protected class in the 1866 Civil Rights Act? -ANSWERS-Race
What was the year of the first major legislation to directly affect property
ownership rights? -ANSWERS-1866
What would be an exception to the 1866 civil rights act? -ANSWERS-A person
renting out a room in their own home, which they actually live in, to the same
sex.
, What was the year of the second major piece of federal fair housing legislation? -
ANSWERS-1968
What classes were protected under the 1968 FHA? -ANSWERS-Race, Religion,
National Origin
In 1974, there was an amendment- what class was added to the 1968 legislature?
-ANSWERS-Gender
In 1988 there was an amendment- what class was added to the 1968 legislature? -
ANSWERS-Familial and Disability
I am taking "green" customers to an only "green" people neighborhoods, this is
known as ? -ANSWERS-Steering
I am going into a neighborhood and inducing "panic selling". What is this called? -
ANSWERS-Block-busting
A banker decided not to lend in a community because of the infusion of people of
a particular race, religion, or nationality. What is this called? -ANSWERS-Red-lining
What is exempt from federal fair housing laws? -ANSWERS-Age
There are never any exemptions from fair housing laws based on? -ANSWERS-
Race
