COLIBRI REAL ESTATE UPDATED EXAMS ACTUAL
QUESTIONS AND ANSWERS SURE A+
✔✔From whom can a salesperson receive compensation?
From any broker he or she works for
From a broker or client
From his or her sponsoring broker only
From the broker or another licensee in the same firm - ✔✔From his or her sponsoring
broker only
✔✔How many points are given for 3 years of certain types of real estate activities?
1,000
3,500
5,250
7,625 - ✔✔5,250
✔✔Which of the following is a requirement for becoming a licensed real estate broker in
NY?
Be at least 21 years old
No misdemeanor convictions
Demonstrate fair knowledge of the English language
Be a US citizen - ✔✔Demonstrate fair knowledge of the English language
,✔✔A real estate transaction has four stages. Which of the following is NOT one of those
stages?
Listing the property
Marketing the property
Negotiating the purchase contract
Settling the transaction - ✔✔Marketing the property
✔✔How many members of the NYS Board of Real Estate must be real estate brokers?
5
7
All
None - ✔✔5
✔✔How many members are on the Board of Real Estate?
13
9
12
15 - ✔✔15
✔✔In New York the real estate examinee must correctly answer at least ______percent
of the questions to pass the exam. - ✔✔70
✔✔A real estate salesperson works on behalf of a licensed real estate broker to perform
any of the following duties associated with real estate transactions except?
List property
Sell property
Lease property
Collect commissions - ✔✔Collect commissions
✔✔The mission of the New York Department of State, Division of Licensing Services
(DOS) includes all of the following except?
To administer the compliance provisions of Article 12-A
To protect the health, safety and welfare of consumers.
To provide accurate information and qualified licensees to the business community.
To provide efficient processing and examination services to license applicants. - ✔✔To
administer the compliance provisions of Article 12-A
✔✔A listing contract gives the broker the authority to
Negotiate the purchase price of the property.
Qualify buyers.
Determine which repairs will be made to the property.
Market the property. - ✔✔Market the property.
, ✔✔Which of the following statements is TRUE regarding policies for taking the licensure
examination?
Examinees may use a PDA.
Cell phones must be muted but may be left on for emergency purposes.
Examinees may drink during the exam but may not bring food into the test center.
Examinees may not bring large bags or briefcases into the test center. - ✔✔Examinees
may not bring large bags or briefcases into the test center.
✔✔How many total years may a member of the NYS Board of Real Estate serve?
2 years
5 years
10 years
Unlimited - ✔✔10 years
✔✔Which of the following does NOT appoint members to the Board?
Governor
Secretary of State
Senate Minority Leader
Speaker of the Assembly - ✔✔Secretary of State
✔✔What are the experience requirements for a broker candidate?
One full year of experience as a licensed salesperson OR two years of equivalent
experience in some other aspect of real estate
Two full years of experience as a licensed salesperson AND three years of equivalent
experience in some other aspect of real estate
One full year of experience as a licensed salesperson AND two years of equivalent
experience in some other aspect of real estate
Two full years of experience as a licensed salesperson OR three years of equivalent
experience in some other aspect of real estate - ✔✔Two full years of experience as a
licensed salesperson OR three years of equivalent experience in some other aspect of
real estate
✔✔The final step of the real estate transaction is
Accepting the offer.
Paying the purchase price.
Closing.
Clearing the title. - ✔✔Clearing the title.
✔✔Which of the following is NOT part of the transaction closing?
The buyer receives the title.
The title agent clears the title.
The seller receives the proceeds from the sale.
The broker is paid his or her commission. - ✔✔The title agent clears the title.
QUESTIONS AND ANSWERS SURE A+
✔✔From whom can a salesperson receive compensation?
From any broker he or she works for
From a broker or client
From his or her sponsoring broker only
From the broker or another licensee in the same firm - ✔✔From his or her sponsoring
broker only
✔✔How many points are given for 3 years of certain types of real estate activities?
1,000
3,500
5,250
7,625 - ✔✔5,250
✔✔Which of the following is a requirement for becoming a licensed real estate broker in
NY?
Be at least 21 years old
No misdemeanor convictions
Demonstrate fair knowledge of the English language
Be a US citizen - ✔✔Demonstrate fair knowledge of the English language
,✔✔A real estate transaction has four stages. Which of the following is NOT one of those
stages?
Listing the property
Marketing the property
Negotiating the purchase contract
Settling the transaction - ✔✔Marketing the property
✔✔How many members of the NYS Board of Real Estate must be real estate brokers?
5
7
All
None - ✔✔5
✔✔How many members are on the Board of Real Estate?
13
9
12
15 - ✔✔15
✔✔In New York the real estate examinee must correctly answer at least ______percent
of the questions to pass the exam. - ✔✔70
✔✔A real estate salesperson works on behalf of a licensed real estate broker to perform
any of the following duties associated with real estate transactions except?
List property
Sell property
Lease property
Collect commissions - ✔✔Collect commissions
✔✔The mission of the New York Department of State, Division of Licensing Services
(DOS) includes all of the following except?
To administer the compliance provisions of Article 12-A
To protect the health, safety and welfare of consumers.
To provide accurate information and qualified licensees to the business community.
To provide efficient processing and examination services to license applicants. - ✔✔To
administer the compliance provisions of Article 12-A
✔✔A listing contract gives the broker the authority to
Negotiate the purchase price of the property.
Qualify buyers.
Determine which repairs will be made to the property.
Market the property. - ✔✔Market the property.
, ✔✔Which of the following statements is TRUE regarding policies for taking the licensure
examination?
Examinees may use a PDA.
Cell phones must be muted but may be left on for emergency purposes.
Examinees may drink during the exam but may not bring food into the test center.
Examinees may not bring large bags or briefcases into the test center. - ✔✔Examinees
may not bring large bags or briefcases into the test center.
✔✔How many total years may a member of the NYS Board of Real Estate serve?
2 years
5 years
10 years
Unlimited - ✔✔10 years
✔✔Which of the following does NOT appoint members to the Board?
Governor
Secretary of State
Senate Minority Leader
Speaker of the Assembly - ✔✔Secretary of State
✔✔What are the experience requirements for a broker candidate?
One full year of experience as a licensed salesperson OR two years of equivalent
experience in some other aspect of real estate
Two full years of experience as a licensed salesperson AND three years of equivalent
experience in some other aspect of real estate
One full year of experience as a licensed salesperson AND two years of equivalent
experience in some other aspect of real estate
Two full years of experience as a licensed salesperson OR three years of equivalent
experience in some other aspect of real estate - ✔✔Two full years of experience as a
licensed salesperson OR three years of equivalent experience in some other aspect of
real estate
✔✔The final step of the real estate transaction is
Accepting the offer.
Paying the purchase price.
Closing.
Clearing the title. - ✔✔Clearing the title.
✔✔Which of the following is NOT part of the transaction closing?
The buyer receives the title.
The title agent clears the title.
The seller receives the proceeds from the sale.
The broker is paid his or her commission. - ✔✔The title agent clears the title.
