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New York State Real Estate Salesperson Exam Practice Quiz

16 Questions  I  By Daveyedgar
New York Quizzes & Trivia
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Question Excerpt

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1.  How old must an individual be to obtain a salesperson license?
A.
B.
C.
D.
2.  In order to be licensed as a broker, a salesperson must first complete:
A.
B.
C.
D.
3.  Jane is a broker and accepts a $3,000 deposit. What should she do with the deposit?
A.
B.
C.
D.
4.  The type of listing that is illegal in NYS is:
A.
B.
C.
D.
5.  Which of the following duties does NOT require real estate licensure?
A.
B.
C.
D.
6.  With regard to the resale of cooperative property for another, which of the following is necessary?
A.
B.
C.
D.
7.  The listing salesperson must accept compensation directly from the:
A.
B.
C.
D.
8.  Unlicensed assistants may NOT:
A.
B.
C.
D.
9.  Which of the following are NOT exempt from licensure?
A.
B.
C.
D.
10.  In New York, dual agency is:
A.
B.
C.
D.
11.  An agency relationship created by an oral or written agreement between principal and agent is known as an:
A.
B.
C.
D.
12.  The type of legal listing agreement which is least desirable for for the broker is a(n):
A.
B.
C.
D.
13.  An "exclusive right to sell" listing provides a:
A.
B.
C.
D.
14.  The broker must keep the declaration of refusal to sign the disclosure form for a period of:
A.
B.
C.
D.
15.  Where can I take the complete New York Real Estate Practice Quiz for free with over 100 questions?
A.
B.
C.
D.
16.  How do I go to the website "http://www.therealmanhattan.com/agents/index.html"?
A.
B.
C.
D.
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