NYS Real Estate U Final Exam Newest 2026
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Practice questions for this set
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The employer of an agent or broker ; the broker's or agent's client .
Choose an answer
1 Article 12 A 2 Littoral Rights
3 Principal 4 Pocket Card
Don't know?
Terms in this set (109)
, Article 12 A The section of the New York Real Property Law
pertaining to real estate salespersons and
brokers
Sponsor A licensed real estate broker that holds the
license of a salesperson
Misdemeanor A crime punishable by up to a year in prison and
/ or a $ 1,000 fine .
Listing Agreement An employment contract between principal and
agent , authorizing the agent to perform services
for the principle involving the latter's property
Pocket Card A card issued by the Department of State to each
licensee which contains the photo , name and
business address of the licensee , and , in the
case of a real estate salesperson , the name and
business address of the broker with whom he or
she is associated and shall certify that the person
whose name appears thereon is a licensed real
estate broker or salesperson . Must be carried by
the agent at all times when serving as a
salesperson .
Fiduciary A person who on behalf of or for the benefit of
another transacts business or handles money or
property not the person's own ; such relationship
implies great confidence and trust
Complete Questions | With 100% Correct
Answers graded A+ Guaranteed Success!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
The employer of an agent or broker ; the broker's or agent's client .
Choose an answer
1 Article 12 A 2 Littoral Rights
3 Principal 4 Pocket Card
Don't know?
Terms in this set (109)
, Article 12 A The section of the New York Real Property Law
pertaining to real estate salespersons and
brokers
Sponsor A licensed real estate broker that holds the
license of a salesperson
Misdemeanor A crime punishable by up to a year in prison and
/ or a $ 1,000 fine .
Listing Agreement An employment contract between principal and
agent , authorizing the agent to perform services
for the principle involving the latter's property
Pocket Card A card issued by the Department of State to each
licensee which contains the photo , name and
business address of the licensee , and , in the
case of a real estate salesperson , the name and
business address of the broker with whom he or
she is associated and shall certify that the person
whose name appears thereon is a licensed real
estate broker or salesperson . Must be carried by
the agent at all times when serving as a
salesperson .
Fiduciary A person who on behalf of or for the benefit of
another transacts business or handles money or
property not the person's own ; such relationship
implies great confidence and trust
