Real estate broker Study guides, Class notes & Summaries
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![NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)](/docpics/3229718/64d59d40adc4d_3229718_121_171.jpeg)
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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)
- Exam (elaborations) • 11 pages • 2023
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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A) 
What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services 
 
At what age can you become a real estate salesperson? - ANSWER-18 
 
Do you nee...
![NY REAL ESTATE EXAM -REVIEW QUESTIONS](/docpics/3011684/64a45fd157c9e_3011684_121_171.jpeg)
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NY REAL ESTATE EXAM -REVIEW QUESTIONS
- Exam (elaborations) • 20 pages • 2023
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1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 
 
2-The minimum age for a New York real estate broker's license is 
a. 19. 
b. 18. 
c. 20. 
d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 
 
3-Which of the following acts would require a real estate license in New York 
a. Sa...
![Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.](/docpics/63ed3732877f0_2374787.jpg)
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
![NJ real estate exam questions and answers 100% pass](/docpics/2788875/646bd79b415bc_2788875_121_171.jpeg)
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NJ real estate exam questions and answers 100% pass
- Exam (elaborations) • 40 pages • 2023
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NJ real estate exam questions and answers 100% pass 
Which of the following is a permitted free offering? o- 
A. A complimentary home warranty with every listing 
B. A coupon for a discounted commission on listing services 
C. A free dinner for attendees at a homebuyers' evening seminar D. Free use of a local moving van for all listings C. A Free dinner for attendees at a homebuyers' evening seminar 
Depreciation usually applies to . 
A. the building only. 
B. the land only. 
C. both the land ...
![Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers,100% CORRECT](/docpics/3894643/656066dae6c3e_3894643_121_171.jpeg)
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 37 pages • 2023
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers 
 
Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Fcebook Live - CORRECT ANSWER Video streaming through facebook. 
 
CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...
![KY real estate final exam practice question and answers 2023 verified to pass](/docpics/2968219/6499f04c57a78_2968219_121_171.jpeg)
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KY real estate final exam practice question and answers 2023 verified to pass
- Exam (elaborations) • 10 pages • 2023
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KY real estate final exam practice question and answers 2023 verified to passwhat happens with a Judicial foreclosure? - correct answer the mortgaged property is sold under the supervision of a court 
 
broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? - correct answer finding a property with good resale value 
 
real estate licensees should know enough about building ordinances to be able to... - correct answer alert clients of potential prob...
![PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024](/docpics/3336569/64ef0bbb567cd_3336569_121_171.jpeg)
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
- Exam (elaborations) • 38 pages • 2023
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
![Florida Real Estate License Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024](/docpics/4339774/65b3ccf7df2cc_4339774_121_171.jpeg)
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Florida Real Estate License Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 28 pages • 2024
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The only active general partner in a real estate partnership did not account properly for his escrowed 
funds. His license was suspended. All of the licenses of the sales associates in that partnership are 
A. Suspended 
B. Canceled 
C. Placed in involuntary inactive status 
D. Not affected - C. Placed in involuntary inactive status 
A sales associate is selling her own property "by owner." Which statement is TRUE regarding real estate 
licensees selling property "by owner?" 
a. The licensee...
![PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+](/docpics/2887547/6486fc5c3aaf1_2887547_121_171.jpeg)
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+
- Exam (elaborations) • 60 pages • 2023
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) 
Regulation is enacted and enforced by MD Real Estate Commission (MREC) 
Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant 
En...
![Real Estate U Final Exam Study Guide](/docpics/2890767/648773ab45f6a_2890767_121_171.jpeg)
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Real Estate U Final Exam Study Guide
- Exam (elaborations) • 9 pages • 2023
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Real Estate U Final Exam Study Guide 
 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
 
A licensed real estate broker that holds the license of a salesperson. 
 
Obtained after your register for the New York State 
Salesperson exam using eAccessNY. You must bring this with 
you when takin...
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