NY Real Estate Exam Study Flashcards

Decks in this Class (21):

• License Law And Regulations

  License Law and Regulations

  Sample Cards:

  the department of state is primarily res,

  according to article 12 a nys real prope,

  the new york court of appeals is
  26 Cards
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• Law Of Agency

  Law of Agency

  Sample Cards:

  a general agent issomeone,

  a special agent is,

  a universal agent has
  56 Cards
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• Legal Issues Estates And Interests

  Legal Issues - Estates and interests

  Sample Cards:

  real property is the,

  everything that is not real property is,

  personal property is also known as
  27 Cards
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• Legal Issues Liens And Easements

  Legal Issues - Liens and Easements

  Sample Cards:

  an easement is the right,

  an easement is a _____________ interest,

  the common term for an easement is
  47 Cards
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• Legal Issues Title Closing Costs

  Legal Issues - Title Closing & Costs

  Sample Cards:

  title is,

  chain of title refers to the,

  an abstract of title is
  4 Cards
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• The Contract Of Sales And Leases

  The Contract of Sales and Leases

  Sample Cards:

  in new york state an individual must be,

  in new york state an individual must be,

  generally the purchaser signs the contra
  30 Cards
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• Real Estate Finance

  Real Estate Finance

  Sample Cards:

  mortgagor is the,

  mortgagee is the,

  fixed rate mortgage fully amortized loan
  33 Cards
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• Land Use Regulations

  Land Use Regulations

  Sample Cards:

  zoning determines the,

  zoning also determines the,

  the zoning board of appeals is a
  16 Cards
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• Construction Environmental Issues

  Construction / Environmental Issues

  Sample Cards:

  platform framing wood framing is the,

  balloon framing is an alternative to pla,

  a footing is a
  52 Cards
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• Valuation Process And Pricing Properties

  Valuation Process and Pricing Properties

  Sample Cards:

  an appraisal is an estimate of a,

  an appraisal is specific to a,

  an appraisal may be used to
  20 Cards
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• Human Rights And Fair Housing

  Human Rights and Fair Housing

  Sample Cards:

  the civil rights act of 1866 has no exem,

  the civil rights act of 1866 is primaril,

  the fair housing act was included as par
  11 Cards
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• Real Estate Mathematics

  Real Estate Mathematics

  Sample Cards:

  1 side x 1 side,

  width x depth,

  base x height
  17 Cards
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• Municipal Agencies

  Municipal Agencies

  Sample Cards:

  the building department is responsible f,

  in order to begin construction or renova,

  the following are functions of the archi
  9 Cards
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• Property Insurance

  Property Insurance

  Sample Cards:

  ho 1 basic policy this is a basic policy,

  ho 3 special form policy the most widely,

  ho 4 tenants or cooperative owners polic
  13 Cards
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• Licensee Safety

  Licensee Safety

  Sample Cards:

  real estate agents must carry,

  real estate offices should be equipped w,

  parking lots outside of real estate offi
  3 Cards
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• Taxes And Assessments

  Taxes and Assessments

  Sample Cards:

  market value is the,

  the assessed value is,

  the assessor applies a level of
  14 Cards
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• Condominiums And Cooperatives

  Condominiums and Cooperatives

  Sample Cards:

  condominiums are considered,

  condo owners receive a,

  condominiums are considered
  29 Cards
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• Commercial Investment Properties Types O

  Commercial & Investment Properties Types of Leases

  Sample Cards:

  in a gross lease the landlord pays,

  the residential lease is a common exampl,

  in a net lease the tenant pays
  38 Cards
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• Income Tax In Real Estate Transactions

  Income Tax in Real Estate Transactions

  Sample Cards:

  active income money earned through,

  passive income money earned from,

  portfolio income money earned from
  21 Cards
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• Mortgage Brokerages

  Mortgage Brokerages

  Sample Cards:

  the nys department of financial services,

  when a mortgage broker representing the,

  the dual agency relationship must be dis
  4 Cards
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• Property Management

  Property Management

  Sample Cards:

  corrective maintenance is a maintenance,

  preventative maintenance involves keepin,

  a management agreement is signed between
  11 Cards
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