NYREI School Exam 2026 REAL EXAM
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Practice questions for this set
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It is a nonconforming use.
Choose an answer
Tony owns the barbershop he built 25 years ago on the same street as his family home.
1 The area was zoned residential 10 years ago. Why is the barbershop allowed to remain
open?
2 What is the minimum licensing requirement to sell commercial real estate in New York?
3 Who pays the property taxes in a triple net lease?
, 4 A salesperson who is an independent contractor
Don't know?
Terms in this set (75)
What is the minimum licensing a real estate salesperson's license
requirement to sell commercial real
estate in New York?
What is the preferred method of expressed agency
creating an agency relationship?
An amenity purchaser occupies or uses the purchased property
Condominium units are considered real / deed
_____ property and are conveyed by
_____.
A salesperson who is an is not subject to withholding requirements.
independent contractor
A homeowner facing foreclosure has property tax lien
a number of liens: The original
mortgage, a mechanic's lien from six
months ago, a judgment lien from
two years ago, and a property tax
lien that was just filed. When the
property is sold, which lien will be
paid first from the proceeds?
What is another word for principal? Client. The principal in any fiduciary relationship is
the client.
QUESTIONS |MOST TESTED QUESTIONS AND
CORRECT ANSWERS |100% ACCURATE|GET IT
RIGHT!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
It is a nonconforming use.
Choose an answer
Tony owns the barbershop he built 25 years ago on the same street as his family home.
1 The area was zoned residential 10 years ago. Why is the barbershop allowed to remain
open?
2 What is the minimum licensing requirement to sell commercial real estate in New York?
3 Who pays the property taxes in a triple net lease?
, 4 A salesperson who is an independent contractor
Don't know?
Terms in this set (75)
What is the minimum licensing a real estate salesperson's license
requirement to sell commercial real
estate in New York?
What is the preferred method of expressed agency
creating an agency relationship?
An amenity purchaser occupies or uses the purchased property
Condominium units are considered real / deed
_____ property and are conveyed by
_____.
A salesperson who is an is not subject to withholding requirements.
independent contractor
A homeowner facing foreclosure has property tax lien
a number of liens: The original
mortgage, a mechanic's lien from six
months ago, a judgment lien from
two years ago, and a property tax
lien that was just filed. When the
property is sold, which lien will be
paid first from the proceeds?
What is another word for principal? Client. The principal in any fiduciary relationship is
the client.