Sponsor broker Study guides, Class notes & Summaries

Some one who lives outside of New Jersey can be licensed as a non resident broker if he or she A. Posts a bond of $5,000 B. Is a citizen of the United States C. Finds a New Jersey sponsor D. Consents to being sued in New Jersey - Answer- D. consents to being sued in New Jersey By the time she received her broker's license, the licensee had studied real estate for at least A. 75 hours B. 90 hours C. 165 hours D. 225 hours - Answer- D. 225 hours In New Jersey, real estate licenses...

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the...

- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age - correct answer Article 12-A of the NYS Real Property Law - A licensed real estate broker that holds the license of a salesperson. - correct answer Sponsor - Obtained after you register for the New York State Salesperson exam usin...

Texas Law of Agency: Quiz Questions with Complete Solutions One who acts for and with authority from another, called the principal, is known as a/an...? Agent Attorney Employee Partner Agent If an individual works as an associate broker, who must they work under...? An associate licensee An associate broker does not work under anyone A real estate salesperson A sponsoring broker A Sponsoring Broker The Information About Brokerage Services form is presented by the broker to the...? Asso...

Real Estate U Final Exam Questions and Answers 2023/2024 Latest Update. Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained aft...

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sale of one's own pr...

Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor broker - Answer- A licensed real estate broker that holds the license of a salesperson "Summary of Your Submission" - Answer- Obtained after your register for the New York Sta...

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sa...

Real Estate U Final Exam Questions with verified Answers 1. Article 12-A of the NYS Real Property Law- Answer-- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age 2. Sponsor- Answer-- A licensed real estate broker that holds the license of a salesperson. 3. "Summary of Your Submission"- ...

ALL OK Real Estate Test Prep Questions and Answers 100% Pass Richard and his long-term fiancé Samuel finally got married. Richard, who's a licensee at the Griffen Firm real estate brokerage in Oklahoma, changed his last name to match Samuel's. What must Richard do? Notify the commission and send the appropriate fee. (Richard must notify the commission that his name has changed within 10 days of the change being made.) Jesse started her pre-licensing coursework for her Oklahoma ...