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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!!
Which of the following can do the transaction without
having a real estate license?
A) A non-profit corporation negotiating rent for a
branch office
B) An office tenant negotiating rent on behalf of another
tenant
C) An executor selling property as part of the
instructions left in a will
D) A building superintendent collecting rent
E) A salesperson who let her license expire and is
selling property for a neighbor for a fee - .....ANSWER
...✔✔ A)
C)
,2|Page
D)
Which of these define a real estate broker?
A) A licensed broker who chooses to work under the
supervision and name of another licensed broker
B) A person associated with a licensed broker who
performs real estate activities under the licensed
broker's supervision
C) Any person, firm, company, or corporation that
performs real estate activities for a fee or
compensation of any kind - .....ANSWER ...✔✔ C) Any
person, firm, company, or corporation that performs
real estate activities for a fee or compensation of any
kind
If the activity is "for another, for a fee", then it requires
a ________ - .....ANSWER ...✔✔ Real estate license
A Real Estate Broker must meet which of the following
criteria?
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A) Age
B) Course Hour
C) How long have they hold the license - .....ANSWER
...✔✔ A) At least 20 years old
B) Completed 120-hour course and passed the broker
exam
C) She held a real estate license for two years
When is a real estate license required?
A) When performing maintenance work for one
property owner
B) When performing real estate activities for others, for
compensation of any kind
C) When performing real estate activities for others,
without compensation
D) When performing real estate activities for yourself -
.....ANSWER ...✔✔ B)
Which of the following persons can perform real estate
services without a license?
, 4|Page
A) Carolee, an attorney who sometimes acts as a
broker but who does not employ salespeople to work
under her supervision
B) Mabel, who charges a flat fee to assist individuals in
buying properties
C) Paul, who has three years' prior real estate
experience and charges a flat fee to assist individuals
in selling properties
D) Zeke, an attorney who acts as a broker and who
employs two salespeople to work under his supervision
- .....ANSWER ...✔✔ A)
T/F
Your sponsoring broker must display your
salesperson's license at the branch where you work -
.....ANSWER ...✔✔ False
T/F
You must carry your Pocket Card on you at all times -
.....ANSWER ...✔✔ True
Theresa let her real estate license lapse a few months
ago, but she's thinking about reactivating it. If she
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!!
Which of the following can do the transaction without
having a real estate license?
A) A non-profit corporation negotiating rent for a
branch office
B) An office tenant negotiating rent on behalf of another
tenant
C) An executor selling property as part of the
instructions left in a will
D) A building superintendent collecting rent
E) A salesperson who let her license expire and is
selling property for a neighbor for a fee - .....ANSWER
...✔✔ A)
C)
,2|Page
D)
Which of these define a real estate broker?
A) A licensed broker who chooses to work under the
supervision and name of another licensed broker
B) A person associated with a licensed broker who
performs real estate activities under the licensed
broker's supervision
C) Any person, firm, company, or corporation that
performs real estate activities for a fee or
compensation of any kind - .....ANSWER ...✔✔ C) Any
person, firm, company, or corporation that performs
real estate activities for a fee or compensation of any
kind
If the activity is "for another, for a fee", then it requires
a ________ - .....ANSWER ...✔✔ Real estate license
A Real Estate Broker must meet which of the following
criteria?
,3|Page
A) Age
B) Course Hour
C) How long have they hold the license - .....ANSWER
...✔✔ A) At least 20 years old
B) Completed 120-hour course and passed the broker
exam
C) She held a real estate license for two years
When is a real estate license required?
A) When performing maintenance work for one
property owner
B) When performing real estate activities for others, for
compensation of any kind
C) When performing real estate activities for others,
without compensation
D) When performing real estate activities for yourself -
.....ANSWER ...✔✔ B)
Which of the following persons can perform real estate
services without a license?
, 4|Page
A) Carolee, an attorney who sometimes acts as a
broker but who does not employ salespeople to work
under her supervision
B) Mabel, who charges a flat fee to assist individuals in
buying properties
C) Paul, who has three years' prior real estate
experience and charges a flat fee to assist individuals
in selling properties
D) Zeke, an attorney who acts as a broker and who
employs two salespeople to work under his supervision
- .....ANSWER ...✔✔ A)
T/F
Your sponsoring broker must display your
salesperson's license at the branch where you work -
.....ANSWER ...✔✔ False
T/F
You must carry your Pocket Card on you at all times -
.....ANSWER ...✔✔ True
Theresa let her real estate license lapse a few months
ago, but she's thinking about reactivating it. If she
