Question 1
Which property type does New York's agency disclosure requirement under RPL s. 443 cover?
The New York real estate exam
A multiple-choice exam on the 77-hour qualifying course, with 1 1/2 hours to finish. The Department of State reports pass or fail.
| Questions | Multiple choice, on the 77-hour course |
|---|---|
| Time | 1 hour 30 minutes |
| Result | Pass or fail; a pass is valid for two years |
| Exam fee | $15; the license application is $65 |
| Education first | 77 hours of qualifying education |
| Licensed by | The Department of State |
Getting licensed in New York
- Finish the 77-hour qualifying course and its school exam.
- Pass the state exam; a pass is valid for two years.
- Find a sponsoring New York broker.
- Apply for the license, $65.
What the New York law questions cover
- License law: Real Property Law Article 12-A
- Agency and the disclosure form
- Human Rights Law and fair housing
- Contracts, deeds and closing costs, including transfer taxes
- Property condition and stigmatized property
- Landlord and tenant: deposits and leases
Try 2 New York questions
Question 2
A buyer pays $1,250,000 for a residential home in New York. What is the additional 1% 'mansion tax'?
The math, step by step
Prorations and closing statements come up on every state's exam. Both calculators show the steps an exam explanation would.
Questions people ask
How long is the New York real estate exam?
1 hour 30 minutes. It is multiple choice and based on the 77-hour qualifying course.
What score do you need to pass the New York real estate exam?
The Department of State reports only pass or fail, with no numerical score. Our New York practice exam has 75 questions in 90 minutes and counts how many you got right.
How much does it cost to get a New York real estate license?
$15 for the exam and $65 for the salesperson license application, besides the 77-hour course.
How long is a passing exam result good for?
Two years.