New York State Real Estate Salesperson Licensing Exam with COMPLETE SOLUTION

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In NYS, how old must one be to enter into contracts? - ✔✔18 What other capability should they possess? - ✔✔Mental and emotional capability What happens if one of the parties to the contract ... is a minor? - ✔✔The contract is voidable by the minor What does the zoning board of appeals do? - ✔✔Grants variances What regulates construction standards in NYS? - ✔✔Building codes What does municipal engineer's office do? - ✔✔Oversees planning and construction of major highways, sweet systems and water connections If a property ad states that the property is near the vicinity of a geographical area, what else mud the ad include? - ✔✔It must include the name of the geographical area where the property is actually located Who is usually exempt from property taxes? - ✔✔Disabled, veterans, farmers, elderly gold star parents *kids die in the war, star program homeowners Who is not usually exempt from property taxes? - ✔✔Second home owners What covers fully or personal property lost in a fire? - ✔✔Replacement cost Find the square footage of a rectangular shaped floor plan. How do you find the area of a square/rectangle? - ✔✔Length x Width = Area [Show More]

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