Exam
Real Estate U NYS - Chapter 1 Exam
Overview of real estate profession in New York
Role of the New York Department of State
(DOS)
Licensing requirements (salesperson vs. broker)
License terms, renewals, and continuing
education
Duties and responsibilities of real estate
licensees
Supervision by sponsoring broker
Compensation and commission rules
Independent contractor status
Ethical conduct and professional standards
Disciplinary actions and penalties
Fair Housing basics (federal & NYS)
Basic real estate terminology
Overview of property types (real vs. personal
property)
,How many hours of course study B. 75
must an individual take in order to
sit for the New York State real
estate salespersons exam...?
A. 120
B. 75
C. 22.5
D. 40
, Which of the following are NOT D. Air Rights
assessed by a home inspector...?
A. Electrical Work
B. Insect Damage
C. Foundations
D. Air Rights
B. Pocket Card
What must a licensed real estate
salesperson keep on him or herself
at all times when practicing as an
agent...?
A. Business Card
B. Pocket Card
C. NYS Driver's License
D. Cell Phone