New York State Real Estate Salesperson
Licensing Exam | QUESTIONS AND ANSWERS |
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Practice questions for this set
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Terms in this set (75)
In NYS, how old must one be to enter 18
into contracts?
What other capability should they Mental and emotional capability
possess?
What happens if one of the parties to The contract is voidable by the minor
the contract is a minor?
, What does the zoning board of Grants variances
appeals do?
What regulates construction Building codes
standards in NYS?
What does municipal engineer's Oversees planning and construction of major
office do? highways, sweet systems and water connections
If a property ad states that the It must include the name of the geographical area
property is near the vicinity of a where the property is actually located
geographical area, what else mud
the ad include?
Who is usually exempt from property Disabled, veterans, farmers, elderly gold star
taxes? parents *kids die in the war, star program
homeowners
Who is not usually exempt from Second home owners
property taxes?
What covers fully or personal Replacement cost
property lost in a fire?
Find the square footage of a Length x Width = Area
rectangular shaped floor plan. How
do you find the area of a
square/rectangle?
What is the cash on cash return on a 36%
$2,000,000 property with a down
payment of $500,000 and $15,000
monthly rental income?
Licensing Exam | QUESTIONS AND ANSWERS |
LATEST UPDATE
Save
Practice questions for this set
Learn 1/7 Study using Learn
Terms in this set (75)
In NYS, how old must one be to enter 18
into contracts?
What other capability should they Mental and emotional capability
possess?
What happens if one of the parties to The contract is voidable by the minor
the contract is a minor?
, What does the zoning board of Grants variances
appeals do?
What regulates construction Building codes
standards in NYS?
What does municipal engineer's Oversees planning and construction of major
office do? highways, sweet systems and water connections
If a property ad states that the It must include the name of the geographical area
property is near the vicinity of a where the property is actually located
geographical area, what else mud
the ad include?
Who is usually exempt from property Disabled, veterans, farmers, elderly gold star
taxes? parents *kids die in the war, star program
homeowners
Who is not usually exempt from Second home owners
property taxes?
What covers fully or personal Replacement cost
property lost in a fire?
Find the square footage of a Length x Width = Area
rectangular shaped floor plan. How
do you find the area of a
square/rectangle?
What is the cash on cash return on a 36%
$2,000,000 property with a down
payment of $500,000 and $15,000
monthly rental income?