Review Exam For State

REVIEW EXAM #1   1-A cistron legitimately whitethorn wages all or part of Real dry land heraldic bearing to a a.       seller b.       tradesperson c.       buyer d.       jock who provides a listing lead     2-The minimum age for a New York real estate divisors emancipation is a.       19. b.      18. c.       20. d.      21.     3-Which of the following roleplays would require a real estate freedom in New York a.       Sale of ones take in in property b.      Sale by the owners lawyer c.       Sale of inflict by an auctioneer d.      Foreclosure deal by court order     4-An associate broker may a.       sponsor a person for a salespersons license. b.      collect his or her own real estate fees. c.        stage as a principal broker for another broker. d.       afford as a salesperson for a principal broker     5-Viola tion of the license law is a misdemeanor, Punishable by up to a year in jail and a graceful of Up to a.       $500. b.      $2,000. c.       $1,000. d.      $1,500.     6-When salesperson Tom Jones left ABC immovable And went to pasture with XYZ REALTORS, Toms listings a.       became null and void. b.      Remained with ABC Realty. c.       Went with him to XYZ REALTORS. d.       postulate the sellers signatures to await in the topical anaesthetic MLS.           7-A salespersons license must(prenominal) be a.

       displayed o n the firms wall. b.       kept in th! e salespersons wallet c.       retained by the principal broker. d.      d. sent to the local REALTORS association.     8-When does offering a knobs line of descent for sale Require a real estate license? a.       Never b.      Always c.       When the crease includes any real estate d.      When more then fractional the grade is real estate       9- An apartment information vendor is licensed by: a.      Department of Law          b.     New York attorney Generals office         c.     Department of State          d.      sectionalization of Housing and company Rental   10-When a license is revoked, how long...If you expect to get a copious essay, order it on our website: OrderCustomPaper.com

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