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NYS REAL ESTATE U FINAL (2 VERSIONS) LATEST
2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||VERIFIED EXAM!!!|| ||LATEST EXAM!!!||
1-A broker legitimately may pay all or part of Real estate commission to a
- seller
- salesperson
- 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
- 19.
- 18.
- 20.
- - Answer-C. As of July 1,2008 to become a broker
you must be 20 years old. 1 / 4
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3-Which of the following acts would require a real estate license in New York
- Sale of one's own property
- Sale by the owner's lawyer
- Sale of land by an auctioneer
d. Foreclosure sale by court order - Answer-C: selling land
at an auction.
4-An associate broker may
- sponsor a person for a salesperson's license.
- collect his or her own real estate fees.
- act as a principal broker for another broker.
- Work as a salesperson for a principal broker - Answer-
D: Associate broker is a licensed broker but chooses to
work under the supervision of another broker.
5-Violation of the license law is a misdemeanor, Punishable by up to a year in jail and a fine of Up to 2 / 4
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- $500.
- $2,000.
- $1,000.
d. $1,500. - Answer-C: DOS may impose a fine not to
exceed $1000.
6-When salesperson Tom Jones left ABC Realty And went to work with XYZ REALTORS, Tom's listings
- became null and void.
- Remained with ABC Realty.
- Went with him to XYZ REALTORS.
- Required the sellers' signatures to remain in the local
MLS. - Answer-B: When a licensee terminates with a
broker they must turn over all information.
A salesperson's license must be
- displayed on the firm's wall.
- kept in the salesperson's wallet
- retained by the principal broker. 3 / 4
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d. d. sent to the local REALTORS association. - Answer-C:
Kept by the broker in a safe place.
8-When does offering a client's business for sale Require a real estate license?
- Never
- Always
- When the business includes any real estate
- When more than half the value is real estate - Answer--
D: selling a business where the real estate is greater than
the business.
An apartment information vendor is licensed by:
- Department of Law
- New York Attorney General's office
- Department of State
d. Division of Housing and Community Rental - Answer-C:
Department of State licenses apartment information vendors....
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