NYREI (LI) Questions and answers graded A+ 2023 already passed

NYREI (LI) Questions and answers graded A+ 2023 already passed A broker legitimately may pay all of part of RE commission to a - correct answer Salesperson The minimum age for a NY RE Broker to be licensed is - correct answer 20 Which of the following acts would require a RE license in NYS? - correct answer Sale of land by an auctioneer An associate broker may - correct answer Act as a principal broker for another broker Violation of the license law is a misdemeanour, punishable up to a year in jail and a fine of - correct answer $1,000 When SP Tom Jones left ABC Realty and went to work with XYZ REALTORS, Tom's listings - correct answer remain with ABC Realty A SP's license must be - correct answer retained by the principal broker When does offering a client's business for sale require a RE license - correct answer When more than half the value is RE An apartment information vendor is licensed by - correct answer When a license is revoked, how long must a licensee wait before applying to have the license reinstated? - correct answer 1 yr