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NY REAL ESTATE Actual Exam Test Bank
Newest 2025/2026 Complete 100 Questions
And Correct Detailed Answers (Verified
Answers) |Already Graded A+||Brand New
Version!!
NYS Dept of State - . . ANSWER ✔ ✔agency that
licenses real estate agents/brokers
Property law name - . . ANSWER ✔ ✔Article 12A
Types of real estate licenses (3) - . . ANSWER ✔
✔salesperson, associate broker, broker
An associate broker... - . . ANSWER ✔ ✔has no broker
powers
A broker... - . . ANSWER ✔ ✔sponsors salespeople and
associate brokers
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The salesperson's license is kept by... - . . ANSWER ✔
✔the broker for whom the salesperson is working for,
kept in a secure place
Pocket ID card - . . ANSWER ✔ ✔Kept with the agent,
should be carried at all times
Any changes to a salesperson's license - . . ANSWER ✔
✔should be submitted to the Department of State with 5
days notice
Fees for license - . . ANSWER ✔ ✔Salesperson: $50
every 2 years
Broker/Associate broker: $150 every 2 years
Education requirements - . . ANSWER ✔ ✔22.5 hours
of continuing education prior to license renewal
Total educational hours for broker's license - . . ANSWER
✔ ✔120 hours (75 sales, 45 brokers)
3500 points sales experience, 2 yrs full time
5250 points for related experience, 3 years full time
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reciprocal states to NY - . . ANSWER ✔ ✔9
Arkansas
Colorado
Connecticut
Georgia
Massachusetts
Mississippi
Oklahoma
Pennsylvania
West Virginia
What are the other DOS Licenses? (5) - . . ANSWER ✔
✔1. Notary public
2. Apartment Information Vendor
3. Apartment Sharing Agent
4. Appraiser
5 Home inspector
Office regulations - . . ANSWER ✔ ✔1. Must have
appropriate office signage
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2. Kickbacks are illegal!
3. Blind ads are illegal! (bait and switch)
Administrative discipline for misdeeds (3) - . . ANSWER
✔ ✔1. suspension of license
2. Revocation of license (must wait one year before
applying for licensing privilege)
3. Article 78 proceeding - Appeal a decision
Stigmatized property disclosure - . . ANSWER ✔
✔Article 443, sellers and seller agents do not have to
disclose this info and may or may not disclose upon
written request of the buyer or buyer agent. A seller agent
can disclose only with permission of the seller. A buyer or
buyer agent may provide written request for disclosure to
the seller or seller agent during negotiations for purchase.
Do Attorneys need a license to practice real estate
brokerage? - . . ANSWER ✔ ✔No, except for when they
employ licensee to work under their supervision
Commingling of funds - . . ANSWER ✔ ✔ILLEGAL!
NY REAL ESTATE Actual Exam Test Bank
Newest 2025/2026 Complete 100 Questions
And Correct Detailed Answers (Verified
Answers) |Already Graded A+||Brand New
Version!!
NYS Dept of State - . . ANSWER ✔ ✔agency that
licenses real estate agents/brokers
Property law name - . . ANSWER ✔ ✔Article 12A
Types of real estate licenses (3) - . . ANSWER ✔
✔salesperson, associate broker, broker
An associate broker... - . . ANSWER ✔ ✔has no broker
powers
A broker... - . . ANSWER ✔ ✔sponsors salespeople and
associate brokers
,2|Page
The salesperson's license is kept by... - . . ANSWER ✔
✔the broker for whom the salesperson is working for,
kept in a secure place
Pocket ID card - . . ANSWER ✔ ✔Kept with the agent,
should be carried at all times
Any changes to a salesperson's license - . . ANSWER ✔
✔should be submitted to the Department of State with 5
days notice
Fees for license - . . ANSWER ✔ ✔Salesperson: $50
every 2 years
Broker/Associate broker: $150 every 2 years
Education requirements - . . ANSWER ✔ ✔22.5 hours
of continuing education prior to license renewal
Total educational hours for broker's license - . . ANSWER
✔ ✔120 hours (75 sales, 45 brokers)
3500 points sales experience, 2 yrs full time
5250 points for related experience, 3 years full time
,3|Page
reciprocal states to NY - . . ANSWER ✔ ✔9
Arkansas
Colorado
Connecticut
Georgia
Massachusetts
Mississippi
Oklahoma
Pennsylvania
West Virginia
What are the other DOS Licenses? (5) - . . ANSWER ✔
✔1. Notary public
2. Apartment Information Vendor
3. Apartment Sharing Agent
4. Appraiser
5 Home inspector
Office regulations - . . ANSWER ✔ ✔1. Must have
appropriate office signage
, 4|Page
2. Kickbacks are illegal!
3. Blind ads are illegal! (bait and switch)
Administrative discipline for misdeeds (3) - . . ANSWER
✔ ✔1. suspension of license
2. Revocation of license (must wait one year before
applying for licensing privilege)
3. Article 78 proceeding - Appeal a decision
Stigmatized property disclosure - . . ANSWER ✔
✔Article 443, sellers and seller agents do not have to
disclose this info and may or may not disclose upon
written request of the buyer or buyer agent. A seller agent
can disclose only with permission of the seller. A buyer or
buyer agent may provide written request for disclosure to
the seller or seller agent during negotiations for purchase.
Do Attorneys need a license to practice real estate
brokerage? - . . ANSWER ✔ ✔No, except for when they
employ licensee to work under their supervision
Commingling of funds - . . ANSWER ✔ ✔ILLEGAL!
