QUESTIONS WITH MATH
2026/2027 WITH 180 QUESTIONS
AND WELL-VERIFIED CORRECT
ANSWERS | ALREADY GRADED
A+ | GUARANTEED PASS | NYC
REAL ESTATE EXAM
What does municipal engineer's office do? - ANSWER-Oversees planning and
construction of major highways, sewer systems & water connections
If a property ad states that the property is near the vicinity of a geographical area,
what else must the ad include? - ANSWER-It must include the name of the
geographical area where the property is actually located
,Who is usually exempt from property taxes? - ANSWER-Disabled, veterans,
farmers, elderly, gold star parents (whose kids dies in war) and star program
homeowners
Who is not usually exempt from property taxes? - ANSWER-Second home owners
What covers fully for personal property lost in a fire? - ANSWER-replacement
cost
Find the square footage of a rectangular shaped floor plan. - ANSWER-
What's the cash on cash return on a $2,000,000 property with a down payment of
500,000 and $15000 monthly rental income? - ANSWER-36%
Who hires the agent? - ANSWER-Principal or client
*NOT customer
What is not a CMA? - ANSWER-An appraisal
What can't a salesperson do? - ANSWER-Collect money directly from the client or
customer
When should the Agency disclosure form be submitted? - ANSWER-At the first
substantive contact
Which document describes the agency(who he or she represents) of the
salesperson? - ANSWER-Agency disclosure form
, Whats another name for the slope of the roof? - ANSWER-Pitch
What carcinogenic component was used as insulation in electric transformers that
contaminated soil and ground water? - ANSWER-PCB or polychlorinated
biphenyls
What can brokers provide their salespeople if they are independent contractors? -
ANSWER-Office phone
Whats the right to access water from a river or stream? - ANSWER-riparian
What did the Civil Rights Act of 1866 protect, without exception? - ANSWER-
Race
What did the 1988 amendment to the civil rights at protect? - ANSWER-Disability
& familial status
What is convincing owners to sell/lease property by telling them a particular group
of people are moving into the area called? - ANSWER-blockbusting
What is it called when lenders/insurance agents refuse to do business in a certain
area based on the characteristics of the people living there? - ANSWER-redlining
Unless specified a lesser estate, transfer of the title to real property in NYS creates
what type of interest? - ANSWER-Fee Simple