NY REAL ESTATE EXAM Study Guide 2026

Everything you need to pass the NY REAL ESTATE EXAM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 NY REAL ESTATE EXAM Exam Format at a Glance

Questions

90 min

Time Limit

70.00%

Passing Score

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📚 NY REAL ESTATE EXAM Topics to Study (39)

After-Test Procedures · 7 cards After-Test Procedures · 7 cards After-Test Procedures · 7 cards After-Test Procedures · 7 cards Agency Relationships · 7 cards Agency Relationships · 7 cards Agency Relationships · 7 cards Application Process · 7 cards Application Process · 7 cards Application Process · 7 cards Application Process · 7 cards Content · 7 cards Content · 7 cards Content · 7 cards Content · 7 cards Licensing Requirements · 7 cards Licensing Requirements · 7 cards Licensing Requirements · 7 cards Licensing Requirements · 7 cards Financing and Valuation · 6 cards Financing and Valuation · 6 cards License Law and Ethics · 6 cards License Law and Ethics · 6 cards NY Landlord-Tenant Law & Property Management · 6 cards NY Landlord-Tenant Law & Property Management · 6 cards NY Property Valuation & Appraisal · 6 cards NY Property Valuation & Appraisal · 6 cards NY Real Estate Contracts & Closings · 6 cards NY Real Estate Contracts & Closings · 6 cards NY Real Estate License Law & Regulations · 6 cards

See all 39 topics as flashcards →

✍️ Sample NY REAL ESTATE EXAM Questions & Answers

1. The New York DOS may refuse to issue or renew a real estate license on the grounds of:

✓ Demonstrated untrustworthiness or incompetency

The DOS can deny a license application or renewal if the applicant has demonstrated untrustworthiness, dishonesty, or incompetence.

2. What is the standard contract contingency period in NY residential transactions?

✓ There is no standardized contingency period; terms are negotiated between attorneys, but mortgage contingencies typically allow 30-60 days

NY contracts are heavily customized by attorneys. Mortgage contingencies typically allow 30-60 days for loan approval. Inspection contingencies, if included, are also negotiated rather than standardized.

3. Under the New York Property Condition Disclosure Act, what is the financial penalty a seller may pay instead of completing the disclosure statement?

✓ $500

A seller who fails to deliver the required Property Condition Disclosure Statement must give the buyer a $500 credit at closing.

4. In New York, the transfer of a leasehold interest from the original tenant to a third party for the entire remaining lease term is called a/an:

✓ Assignment

An assignment transfers the tenant's entire remaining interest in the lease to a new party, making the assignee directly responsible to the landlord.

5. Under RESPA, a lender must provide the borrower with a Loan Estimate within how many business days of receiving a complete loan application?

✓ 3 business days

RESPA (Regulation X) requires lenders to deliver or mail the Loan Estimate no later than three business days after receiving a complete application.

6. Which online system is used to register for the New York Real Estate Salesperson Exam?

✓ eAccessNY

The eAccessNY online system is the official platform used by the New York Department of State for various professional licensing services, including registering for and managing real estate salesperson exams and licenses. It serves as the central hub for applicants to interact with the licensing authority.

🎯 Free NY REAL ESTATE EXAM Practice Tests

Agency Relationships · 7 questions After-Test Procedures · 7 questions After-Test Procedures · 7 questions Agency Relationships · 7 questions Application Process · 7 questions Application Process · 7 questions Content · 7 questions Content · 7 questions Licensing Requirements · 7 questions Agency Relationships · 7 questions

📖 NY REAL ESTATE EXAM Guides & Articles

Your NY REAL ESTATE EXAM Study Path

1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation

🃏 NY REAL ESTATE EXAM Flashcards (249)🏆 NY REAL ESTATE EXAM Exam Simulation

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An AI chatbot can quiz you, but it can't reproduce the exam conditions or keep your record. Here you get:

A timed, full-length NY Real Estate Exam mock exam — 75 questions in 90 minutes with a 70% pass mark, modeled on the official exam's question count and time limit, followed by a score report broken down by exam domain.
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A printable NY Real Estate Exam cheat sheet you can print or save as a PDF.
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Free NY Real Estate Exam practice tests with the correct answer shown after each question.

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