NYS Real Estate U Chapter 1-3 Exam – ACTUAL
EXAM COMPLETE 200 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
Real Estate U NYS - Chapter 1 Exam -
QUESTION: According to Article 12-A of the NYS Real Property Law, which of the following will
prevent an individual from obtaining their real estate salespersons license...?
A. Not having a college diploma
B. Being a convicted sex offender
C. Not being able to read or write
D. Not having any work experience in the field of real estate - ANSWER-B. Being a convicted sex
offender
QUESTION: To mingle or mix funds is known as what...?
A. Commingling
B. Blending
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C. Sponsoring
D. Escrow - ANSWER-A. Commingling
QUESTION: How often must a real estate salesperson renew his/her license...?
A. 3 years
B. 1 year
C. 4 years
D. 2 years - ANSWER-D. 2 years
QUESTION: Mark is a newly licensed real estate salesperson who wants to start selling real
estate. What must Mark do first in order to begin selling real estate...?
A. He must subscribe to the MLS
B. He must get sponsored by a licensed real estate broker
C. He must notify the State that he will begin selling real estate
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D. He must find an individual looking to buy real estate - ANSWER-B. He must get sponsored by
a licensed real estate broker
QUESTION: How many hours of course study 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 - ANSWER-B. 75
QUESTION: Which of the following are NOT assessed by a home inspector...?
A. Electrical Work
B. Insect Damage
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C. Foundations
D. Air Rights
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 - ANSWER-D. Air Rights