NY Real Estate Exam Application Process 2 — Questions and Answers
Question 1: A salesperson applicant in New York has a criminal conviction on their record. What must they do when submitting their license application?
- Omit the conviction since it was over 10 years ago
- Disclose the conviction and provide certified court documents (Correct answer)
- Have an attorney submit the application on their behalf
- Apply directly to the local real estate board instead of DOS
Correct answer: Disclose the conviction and provide certified court documents
New York DOS requires all applicants to disclose any criminal convictions and submit certified court documents regardless of how long ago they occurred.
Question 2: Which state agency processes real estate salesperson and broker license applications in New York?
- New York Real Estate Commission
- Department of Financial Services (DFS)
- Department of State (DOS) Division of Licensing Services (Correct answer)
- Department of Education (NYSED)
Correct answer: Department of State (DOS) Division of Licensing Services
The New York Department of State (DOS) Division of Licensing Services is the agency responsible for processing all real estate license applications.
Question 3: How long is a New York real estate salesperson license valid before it must be renewed?
- 1 year
- 2 years (Correct answer)
- 3 years
- 4 years
Correct answer: 2 years
New York real estate salesperson licenses are issued for a two-year term and must be renewed every two years.
Question 4: A salesperson applicant passes the New York licensing exam but does not submit a license application within what time period and must retake the exam?
- 6 months
- 1 year (Correct answer)
- 2 years
- 3 years
Correct answer: 1 year
In New York, a passing exam score is valid for one year; if no application is submitted within that period, the applicant must retake the exam.
Question 5: When a New York salesperson applicant submits their license application, which of the following is NOT required at that time?
- Sponsoring broker's signature
- Proof of completed 77-hour pre-licensing course
- Completed application form
- Evidence of errors and omissions insurance (Correct answer)
Correct answer: Evidence of errors and omissions insurance
Errors and omissions insurance is not required at the application stage; it is the sponsoring broker's responsibility to carry it.
Question 6: A New York real estate license applicant who was licensed in another state wants to avoid taking the full 77-hour pre-licensing course. What option may be available?
- Reciprocity waiver if the other state has a reciprocal agreement with New York (Correct answer)
- Automatic waiver for any out-of-state license holder
- A portfolio review by the local real estate board
- Completion of a 10-hour bridge course only
Correct answer: Reciprocity waiver if the other state has a reciprocal agreement with New York
New York has reciprocal agreements with certain states, which may allow applicants from those states to waive the pre-licensing education requirement.
Question 7: What is the minimum age requirement to apply for a New York real estate salesperson license?
- 16 years old
- 17 years old
- 18 years old (Correct answer)
- 21 years old
Correct answer: 18 years old
Applicants must be at least 18 years of age to qualify for a New York real estate salesperson license.
NY Real Estate Exam Application Process 2
A salesperson applicant in New York has a criminal conviction on their record.
What must they do when submitting their license application?