1|Page
NYS REAL ESTATE U FINAL EXAM LATEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS||VERIFIED EXAM!!
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||NEWEST EXAM!!!!!||
The Department of State's ability to enforce license laws
through reprimand and denial as well as the suspension
and revocation of licenses is known as...? - Answer-
Administrative Discipline
To mingle or mix funds is known as what...? - Answer-
Commingling
Chris is a real estate broker involved in a residential
transaction. When Chris illegally places his client's funds
into his personal account, what is he engaged in...? -
Answer-Commingling of Funds
The post-license education required by salespersons and
brokers is known as what...? - Answer-Continuing
Education
,2|Page
Conditions under which a property condition disclosure
statement is not required is known as a/an...? - Answer-
Exemption
Which of the following are NOT assessed by a home
inspector...? - Answer-Air Rights
A card issued by the Department of State to each licensee
is known as a...? - Answer-Pocket Card
Any person who, for a fee, arranges, conducts,
coordinates, handles or causes meetings between a
customer and the current owner or occupant of legally
occupied real property, including apartment housing, who
wishes to share that housing with one or more individuals
is known as a/an...? - Answer-Apartment Sharing Agent
A licensed real estate broker that holds the license of a
salesperson is known as what...? - Answer-Sponsor
The discontinuance of an agent's relationship with his/her
sponsoring broker is known as what...? - Answer-
Termination
,3|Page
A written document that terminates the relationship
between an agent and his/her sponsoring broker is known
as what...? - Answer-Termination of Association Notice
An act, deed or conditions contrary to law or permissible
use of real property is known as a...? - Answer-Violation
This law governs the practice of real estate salespersons
and brokers...? - Answer-Article 12-A of the NYS Real
Property Law
Who is a real estate salesperson required to work
under...? - Answer-A licensed real estate broker
Which of the following individuals works under a real
estate broker...? - Answer-Real Estate Salesperson
Which of the following professionals works under and/or
for a real estate broker...? - Answer-Associate Broker
, 4|Page
According to Article 12-A of the NYS Real Property Law,
which of the following is a general requirement for
obtaining a real estate salespersons license...? - Answer-
Must have at least a work permit
James wants to become a real estate salesperson. Which
of the following requirements must James satisfy in order
to obtain his license...? - Answer-Must have at least a
work permit
Mark is a real estate salesperson but wants to obtain his
real estate broker's license. Which of the following
requirements must Mark satisfy in order to obtain his
broker's license...? - Answer-He must be at least 20 years
of age
What must a licensed real estate salesperson keep on him
or herself at all times when practicing as an agent...? -
Answer-A Pocket Card
When is a real estate salesperson required to give notice
to the Department of State....? - Answer-When a
salesperson changes sponsors
NYS REAL ESTATE U FINAL EXAM LATEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS||VERIFIED EXAM!!
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||NEWEST EXAM!!!!!||
The Department of State's ability to enforce license laws
through reprimand and denial as well as the suspension
and revocation of licenses is known as...? - Answer-
Administrative Discipline
To mingle or mix funds is known as what...? - Answer-
Commingling
Chris is a real estate broker involved in a residential
transaction. When Chris illegally places his client's funds
into his personal account, what is he engaged in...? -
Answer-Commingling of Funds
The post-license education required by salespersons and
brokers is known as what...? - Answer-Continuing
Education
,2|Page
Conditions under which a property condition disclosure
statement is not required is known as a/an...? - Answer-
Exemption
Which of the following are NOT assessed by a home
inspector...? - Answer-Air Rights
A card issued by the Department of State to each licensee
is known as a...? - Answer-Pocket Card
Any person who, for a fee, arranges, conducts,
coordinates, handles or causes meetings between a
customer and the current owner or occupant of legally
occupied real property, including apartment housing, who
wishes to share that housing with one or more individuals
is known as a/an...? - Answer-Apartment Sharing Agent
A licensed real estate broker that holds the license of a
salesperson is known as what...? - Answer-Sponsor
The discontinuance of an agent's relationship with his/her
sponsoring broker is known as what...? - Answer-
Termination
,3|Page
A written document that terminates the relationship
between an agent and his/her sponsoring broker is known
as what...? - Answer-Termination of Association Notice
An act, deed or conditions contrary to law or permissible
use of real property is known as a...? - Answer-Violation
This law governs the practice of real estate salespersons
and brokers...? - Answer-Article 12-A of the NYS Real
Property Law
Who is a real estate salesperson required to work
under...? - Answer-A licensed real estate broker
Which of the following individuals works under a real
estate broker...? - Answer-Real Estate Salesperson
Which of the following professionals works under and/or
for a real estate broker...? - Answer-Associate Broker
, 4|Page
According to Article 12-A of the NYS Real Property Law,
which of the following is a general requirement for
obtaining a real estate salespersons license...? - Answer-
Must have at least a work permit
James wants to become a real estate salesperson. Which
of the following requirements must James satisfy in order
to obtain his license...? - Answer-Must have at least a
work permit
Mark is a real estate salesperson but wants to obtain his
real estate broker's license. Which of the following
requirements must Mark satisfy in order to obtain his
broker's license...? - Answer-He must be at least 20 years
of age
What must a licensed real estate salesperson keep on him
or herself at all times when practicing as an agent...? -
Answer-A Pocket Card
When is a real estate salesperson required to give notice
to the Department of State....? - Answer-When a
salesperson changes sponsors
