NYS Real Estate State 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
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Nonhomogeneity describes a/an
A. physical characteristic of real estate and refers to
uniqueness of the property.
B. physical characteristic of real estate and refers to
the indestructibility of the property.
C. economic characteristic of real estate and refers
to the scarcity of land in a given area.
D. economic characteristic of real estate and refers
to the permanence of the investment. -ANSWERS-a) physical characteristic of real
estate and refers to uniqueness of the property
A transaction broker is NOT known as a/an
A. nonagent.
B. facilitator.
C. intermediary.
D. fiduciary. -ANSWERS-d) fiduciary
A real estate licensee who has listed a property is a/an
A. general agent of the broker and a special agent
,to the seller.
B. general agent of the broker and a general agent
to the seller.
C. universal agent of the broker and a special agent
to the seller.
D. universal agent of the broker and a general agent
to the seller. -ANSWERS-a) general agent of the broker and a special agent to the
seller
The total commission paid a brokerage firm was $33,500. The firm was paid 7%
on the first $200,000,
6% on the next $200,000 and 5% on the remainder. What was the sales price of
the property?
A. $450,000
B. $550,000
C. $650,000
D. $750,000 -ANSWERS-B. $550,000
$200,000 * 7% = $14,000
$200,000 * 6% = $12,000
$14,000 + $12,000 = $26,000
$33,500 - $26,000 = $7,500
$7,% = $150,000
$200,000 + $200,000 + $150,000 = $550,000
, Agent Carrie received $937.50 as commission for a
referral fee. The listing agent paid 25% of her
commission for the referral. The total commission paid was 6%, which was split
equally between the listing and selling brokerage firms. If the listing agent was
paid 50% of her firm's commission. What was
the sale price of the property?
A. $150,000
B. $250,000
C. $300,000
D. $350,000 -ANSWERS-B. $250,000
$937.% = $3,750
$3,% = $7,500
$7,% = $250,000
Negligent misrepresentation occurs when
A. there is intentional misrepresentation of a material
fact by a broker in order to take financial advantage
of another.
B. the agent showing the property exaggerates the
property's benefits.
C. a broker should have known that a statement about a material fact was false.
D. the broker or agent tells the seller to intentional lie
about a property defect so they can get a quick sale. -ANSWERS-C. a broker
should have known that a statement about a material fact was false.
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!!
Nonhomogeneity describes a/an
A. physical characteristic of real estate and refers to
uniqueness of the property.
B. physical characteristic of real estate and refers to
the indestructibility of the property.
C. economic characteristic of real estate and refers
to the scarcity of land in a given area.
D. economic characteristic of real estate and refers
to the permanence of the investment. -ANSWERS-a) physical characteristic of real
estate and refers to uniqueness of the property
A transaction broker is NOT known as a/an
A. nonagent.
B. facilitator.
C. intermediary.
D. fiduciary. -ANSWERS-d) fiduciary
A real estate licensee who has listed a property is a/an
A. general agent of the broker and a special agent
,to the seller.
B. general agent of the broker and a general agent
to the seller.
C. universal agent of the broker and a special agent
to the seller.
D. universal agent of the broker and a general agent
to the seller. -ANSWERS-a) general agent of the broker and a special agent to the
seller
The total commission paid a brokerage firm was $33,500. The firm was paid 7%
on the first $200,000,
6% on the next $200,000 and 5% on the remainder. What was the sales price of
the property?
A. $450,000
B. $550,000
C. $650,000
D. $750,000 -ANSWERS-B. $550,000
$200,000 * 7% = $14,000
$200,000 * 6% = $12,000
$14,000 + $12,000 = $26,000
$33,500 - $26,000 = $7,500
$7,% = $150,000
$200,000 + $200,000 + $150,000 = $550,000
, Agent Carrie received $937.50 as commission for a
referral fee. The listing agent paid 25% of her
commission for the referral. The total commission paid was 6%, which was split
equally between the listing and selling brokerage firms. If the listing agent was
paid 50% of her firm's commission. What was
the sale price of the property?
A. $150,000
B. $250,000
C. $300,000
D. $350,000 -ANSWERS-B. $250,000
$937.% = $3,750
$3,% = $7,500
$7,% = $250,000
Negligent misrepresentation occurs when
A. there is intentional misrepresentation of a material
fact by a broker in order to take financial advantage
of another.
B. the agent showing the property exaggerates the
property's benefits.
C. a broker should have known that a statement about a material fact was false.
D. the broker or agent tells the seller to intentional lie
about a property defect so they can get a quick sale. -ANSWERS-C. a broker
should have known that a statement about a material fact was false.
