New York Real Estate FREE Sample Exam — Fixed Set

Which term is described as follows: the requirement that the broker’s license be conspicuously displayed at the place of business

While representing a client, Lily Evans as the property manager in Oneonta, did not provide the tenant with a security deposit accounting. Which duty does this breach?

Under the license regulations, the sponsoring broker’s supervision duty means the broker

A buyer who never received the disclosure statement may

A property closes at $805,000. If the brokerage’s commission is 5.0% of the closing price, what amount does the brokerage earn?

A unilateral mistake by one party to a contract generally

Which of the following best defines “loan estimate”?

A building lot is 80 feet wide and 410 feet deep. What is its area in acres, rounded to two decimal places?

True or false: A deck ledger attaches the deck to the house.

True or false: Brokerage services must not be denied by protected class.

Total common-area maintenance charges for a shopping center are $680,000 for the year. One tenant’s proportionate share is 13.5%. What is that tenant’s annual share of the charges?

Before-tax cash flow of $68,000 on a cash investment of $420,000 is a cash-on-cash return of