Real Estate U FINAL EXAM PREP 2025/2026 COMPLETE
QUESTIONS WITH CORRECT DETAILED ANSWERS ||
100% GUARANTEED PASS <LATEST VERSION>
Article 12-A of the NYS Real Property Law .......Answer.........- The
section of the New York Real Property Law pertaining to real
estate salespersons and brokers.
- Primary purpose is to "Protect the Public" - Requires a
salesperson to be at least 18 years of age
- Requires a broker to be at least 20 years of age
Sponsor .......Answer.........- A licensed real estate broker that
holds the license of a salesperson.
"Summary of Your Submission" .......Answer.........- Obtained after
you register for the New York State
,age 2 of 76
Salesperson exam using eAccessNY. You must bring your
"Summary of Your Submission" with
you when taking the State exam.
Misdemeanor .......Answer.........- A crime punishable by up to a
year in prison and/or a $1,000 fine.
Listing Agreement .......Answer.........- An employment contract
between principal and agent, authorizing the
agent to perform services for the principle involving the latter's
property
Pocket Card .......Answer.........- 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
,age 3 of 76
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 .......Answer.........- 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.
, age 4 of 76
OLD CAR .......Answer.........- Obedience
- Loyalty
- Disclosure
- Confidentiality
- Accountability
- Reasonable Care
Article 12 A .......Answer.........NYS Real Estate Property Law (1)
Protect the public (2) Salesperson at least 18 (3) broker at least
20 years .
Sponsor .......Answer.........Broker that holds salesperson license
Summary of Submission .......Answer.........Paper you get after
registering for NYS test. Bring to tes with you