New York real estate exam Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) The name of the statue that protects the public from unscrupulous salespersons and brokers is - Correct Answers ✅Article 12 of the real property law A real estate brokers license term is - Correct Answers ✅2 years To become a real estate salesperson in new york one must - Correct Answers ✅Find a sponsoring broker The end of a license term for a real estate person is - Correct Answers ✅2 years from issue date If a brokers license is revoked the salespersons license - Correct Answers ✅Is suspended until the licensee finds another broker If a salespersons license is revoked the minimum time period for applying for reinstatment is - Correct Answers ✅1 year Which of the following is responsible for overall enforcement of article 12a of the real property law - Correct Answers ✅Department of state 1 / 3
New York real estate exam Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) Criminal prosecutions of article 12a are conducted by - Correct Answers ✅Attorney general The maximum fine for violation of article 12a is - Correct Answers ✅1000$ Violations of article 12a are - Correct Answers ✅Misdemeanors If a homeowner pays a commission to a unlicensed person the homeowner may sue in civil court for - Correct Answers ✅4x the commission paid The code of ethics in real estate is sponsored by - Correct Answers ✅The national association of realtors (NAR) If a broker fires a salesperson for cause the broker must send the agents license to DOS within - Correct Answers ✅Immediately A broker is required to display - Correct Answers ✅A principal brokers license 2 / 3
New York real estate exam Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) An expired salesperson license has how much time to be renewed before having to be retested - Correct Answers ✅2 years after expiration A real estate brokers sign must state the brokers name and the words - Correct Answers ✅Licenced real estate broker Of the following which is an agent of the principle - Correct Answers ✅Broker of record A salesperson may be paid a real estate brokerage commission by - Correct Answers ✅His or her employing broker The broker refuses to sue a seller for a commission lawfully earned , the salesperson may - Correct Answers ✅Sue the broker A broker may split a commision with - Correct Answers ✅None of the above A real estate broker may advertise property in the name of - Correct Answers ✅Broker
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