This class was created by Brainscape user Glen Ashley Baez. Visit their profile to learn more about the creator.

Decks in this class (21)

License Law and Regulations
The department of state is primar...,
According to article 12 a nys rea...,
The new york court of appeals is
26  cards
Law of Agency
A general agent issomeone,
A special agent is,
A universal agent has
56  cards
Legal Issues - Estates and interests
Real property is the,
Everything that is not real prope...,
Personal property is also known as
27  cards
Legal Issues - Liens and Easements
An easement is the right,
An easement is a _____________ in...,
The common term for an easement is
47  cards
Legal Issues - Title Closing & Costs
Title is,
Chain of title refers to the,
An abstract of title is
4  cards
The Contract of Sales and Leases
In new york state an individual m...,
In new york state an individual m...,
Generally the purchaser signs the...
30  cards
Real Estate Finance
Mortgagor is the,
Mortgagee is the,
Fixed rate mortgage fully amortiz...
33  cards
Land Use Regulations
Zoning determines the,
Zoning also determines the,
The zoning board of appeals is a
16  cards
Construction / Environmental Issues
Platform framing wood framing is the,
Balloon framing is an alternative...,
A footing is a
52  cards
Valuation Process and Pricing Properties
An appraisal is an estimate of a,
An appraisal is specific to a,
An appraisal may be used to
20  cards
Human Rights and Fair Housing
The civil rights act of 1866 has ...,
The civil rights act of 1866 is p...,
The fair housing act was included...
11  cards
Real Estate Mathematics
1 side x 1 side,
Width x depth,
Base x height
17  cards
Municipal Agencies
The building department is respon...,
In order to begin construction or...,
The following are functions of th...
9  cards
Property Insurance
Ho 1 basic policy this is a basic...,
Ho 3 special form policy the most...,
Ho 4 tenants or cooperative owner...
13  cards
Licensee Safety
Real estate agents must carry,
Real estate offices should be equ...,
Parking lots outside of real esta...
3  cards
Taxes and Assessments
Market value is the,
The assessed value is,
The assessor applies a level of
14  cards
Condominiums and Cooperatives
Condominiums are considered,
Condo owners receive a,
Condominiums are considered
29  cards
Commercial & Investment Properties Types of Leases
In a gross lease the landlord pays,
The residential lease is a common...,
In a net lease the tenant pays
38  cards
Income Tax in Real Estate Transactions
Active income money earned through,
Passive income money earned from,
Portfolio income money earned from
21  cards
Mortgage Brokerages
The nys department of financial s...,
When a mortgage broker representi...,
The dual agency relationship must...
4  cards
Property Management
Corrective maintenance is a maint...,
Preventative maintenance involves...,
A management agreement is signed ...
11  cards

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NY Real Estate Exam Study

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