New York Real Estate Sales Agent License Exam Prep
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19 free lessons · 760 free practice questions with explanations · ♪ podcast feed -- no account needed. See all 81 lessons in order →
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New York exam facts
- Questions
- Multiple choice
- Time
- 90 minutes
- Passing score
- Pass/fail, no score given
- Exam fee
- $15
- Pre-licensing course
- 77-hour approved course
Verified against Become a Real Estate Salesperson (New York Department of State, Division of Licensing Services). More about the exam ↓
Official New York resources
- Regulator: Become a Real Estate Salesperson · Real Estate Salesperson Frequently Asked Questions (New York Department of State, Division of Licensing Services)
- Exam content outline: Real Estate Salesperson 77 Hour Curriculum (effective 12/21/2022) (New York Department of State, Division of Licensing Services)
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About the New York real estate salesperson exam
- Exam
- New York State real estate salesperson examination, given by the Department of State1
- Questions
- Multiple choice, based on the 77-hour pre-licensing curriculum; the Department of State does not publish the number of questions1,3
- Time
- 1 1/2 hours (90 minutes), counted from the end of the instructions1
- Passing score
- Results are reported as passed or failed, with no numerical score1
- Exam fee
- $151
- Pre-licensing course
- 77-hour approved qualifying course, including the school's own proctored exam1,2
- Retakes
- If you fail, schedule another exam through your eAccessNY account1
New York requires 77 hours of approved qualifying education, and completing the school's own proctored exam is required in addition to the Department of State's exam. You schedule the state exam online through an eAccessNY account.1,2
The state exam is multiple choice and based on the 77-hour curriculum. You have 1 1/2 hours, counted from the end of the instructions. The Department of State does not publish how many questions there are or the pass mark: results come back as passed or failed, with no numerical score, and a pass is valid for two years. The exam fee is $15.1
Our lessons and questions follow the 77-hour syllabus, subject by subject. The rules above are the Department of State's, not ours, and they do change — check the official pages below before you book.1,3
Official sources
- New York Department of State, Division of Licensing Services: Become a Real Estate Salesperson
- New York Department of State, Division of Licensing Services: Real Estate Salesperson Frequently Asked Questions
- New York Department of State, Division of Licensing Services: Real Estate Salesperson 77 Hour Curriculum (effective 12/21/2022)
Checked against these sources as of .
Course outline
81 lessons in 19 modules, in study order. Tap a module to show its lessons.
Module 1 · 6 lessons License law and regulations
Includes a free lesson: Purpose of the license law, license categories, and the responsibilities of each licensee
- 1. Purpose of the license law, license categories, and the responsibilities of each licensee✓ Free
Start here · Free lesson + 40 questions · free practice
- 2. Education requirements, activities that require a license, and exemptionsFull plan
Full-plan lesson · text free to read
- 3. Maintaining a license: pocket cards, changes of association, branch offices, dual licensure, renewal and continuing educationFull plan
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- 4. Department of State regulations and the advertising rulesFull plan
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- 5. Common violations, penalties, disciplinary proceedings, and unlicensed assistantsFull plan
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- 6. The Property Condition Disclosure Act and the uncapped natural gas well disclosureFull plan
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Module 2 · 11 lessons Law of agency
Includes a free lesson: The real estate agent, agency defined, and client versus customer
- 7. The real estate agent, agency defined, and client versus customer✓ Free
Free lesson + 40 questions · free practice
- 8. Fiduciary duties, duties to other parties, and misrepresentationFull plan
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- 9. Agency and brokerage: who is the agent, the salesperson, and cooperating brokersFull plan
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- 10. Creating agency, how compensation is set, and antitrustFull plan
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- 11. Agency alternatives and subagencyFull plan
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- 12. Dual agency, informed consent, and designated sales agentsFull plan
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- 13. Single agency: seller and landlord agency, buyer and tenant agency, and the broker's agentFull plan
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- 14. Listing and buyer agency agreements, and termination of agencyFull plan
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- 15. The agency disclosure form under Real Property Law section 443Full plan
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- 16. Independent contractor or employee: the salesperson's statusFull plan
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- 17. Broker supervision of salespersons and records of transactionsFull plan
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Module 3 · 10 lessons Legal issues
Includes a free lesson: Real and personal property, uses of real property, and its characteristics
- 18. Real and personal property, uses of real property, and its characteristics✓ Free
Free lesson + 40 questions · free practice
- 19. Freehold and leasehold estatesFull plan
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- 20. Forms of ownership: severalty, co-ownership, and partitionFull plan
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- 21. Trusts, ownership by business organizations, and what cooperative and condominium owners ownFull plan
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- 22. Liens: general and specific liens, priority, and subordinationFull plan
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- 23. Deed restrictions and easementsFull plan
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- 24. Deeds: purpose, essential elements, and legal descriptionsFull plan
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- 25. Forms of deeds and conveyance after deathFull plan
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- 26. The title closing: recording acts, chain and abstract of title, title insurance, and RESPAFull plan
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- 27. Closing costs, transfer and mortgage recording taxes, and prorationsFull plan
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Module 4 · 4 lessons The contract of sales and leases
Includes a free lesson: Leases: leasehold estates, standard provisions, and rent-stabilized renewals
- 28. Leases: leasehold estates, standard provisions, and rent-stabilized renewals✓ Free
Free lesson + 40 questions · free practice
- 29. Contracts: types, the essentials of a valid contract, and the statute of fraudsFull plan
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- 30. The sales contract, binders, purchase offers, installment contracts, and optionsFull plan
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- 31. Contract preparation: data, the mortgage contingency, the down payment, and signing practiceFull plan
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Module 5 · 6 lessons Real estate finance
Includes a free lesson: The mortgage and note, the mortgagor's duties, selling mortgaged property, and recording
- 32. The mortgage and note, the mortgagor's duties, selling mortgaged property, and recording✓ Free
Free lesson + 40 questions · free practice
- 33. Types of mortgages and loansFull plan
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- 34. Government-backed loans, SONYMA, and the secondary marketFull plan
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- 35. Truth in Lending and private mortgage insuranceFull plan
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- 36. The lender's criteria: the property and the borrower's ability to repayFull plan
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- 37. Predatory lendingFull plan
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Module 6 · 4 lessons Land use regulations
Includes a free lesson: The bundle of rights, planning, and private land use controls
- 38. The bundle of rights, planning, and private land use controls✓ Free
Free lesson + 40 questions · free practice
- 39. Police power: state environmental review, subdivided land sales, codes, and local authorityFull plan
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- 40. The planning board: the comprehensive plan, subdivisions, PUDs, and site plan reviewFull plan
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- 41. The zoning board of appeals, variances, special permits, Article 78, and local enforcementFull plan
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Module 7 · 6 lessons Construction and environmental issues
Includes a free lesson: Construction: permits, codes, certificates of occupancy, site requirements, and the structure
- 42. Construction: permits, codes, certificates of occupancy, site requirements, and the structure✓ Free
Free lesson + 40 questions · free practice
- 43. Insulation, ventilation, heating, air conditioning, plumbing, and electrical systemsFull plan
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- 44. Mandated guarantees and warranties: home improvement and new home constructionFull plan
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- 45. Long-standing environmental issues: water, septic systems, and wood-destroying insectsFull plan
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- 46. Asbestos, lead, radon, indoor air quality, and PCBsFull plan
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- 47. Environmental assessments, storage tanks, EMFs, CFCs, mold, and the agent's roleFull plan
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Module 8 · 3 lessons Valuation process and pricing properties
Includes a free lesson: Appraisal, valuation and evaluation; market value; value, price and cost
- 48. Appraisal, valuation and evaluation; market value; value, price and cost✓ Free
Free lesson + 40 questions · free practice
- 49. The comparative market analysis, residential market analysis, and pricing a propertyFull plan
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- 50. Highest and best use, site valuation, and the three approaches to valueFull plan
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Module 9 · 6 lessons Human rights and fair housing
Includes a free lesson: Pressure to discriminate and anti-bias training
- 51. Pressure to discriminate and anti-bias training✓ Free
Free lesson + 40 questions · free practice
- 52. Broker and salesperson fair housing responsibilities and New York's disclosure formsFull plan
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- 53. Federal fair housing laws and their historyFull plan
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- 54. The New York State Human Rights Law and protected classes in New YorkFull plan
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- 55. Exemptions, and types of discrimination: steering, blockbusting, and unequal treatmentFull plan
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- 56. Legal responsibility and penalties, cease and desist zones, and nonsolicitation ordersFull plan
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Module 10 · 2 lessons Real estate mathematics
Includes a free lesson: Percentages: commissions, interest, appreciation and depreciation, and points
- 57. Percentages: commissions, interest, appreciation and depreciation, and points✓ Free
Free lesson + 40 questions · free practice
- 58. Area and length, basic mortgage qualifying, and transfer, mortgage recording and property tax ratesFull plan
Full-plan lesson · text free to read
Module 11 · 2 lessons Municipal agencies
Includes a free lesson: The local legislative body, the planning board, and the zoning board of appeals
- 59. The local legislative body, the planning board, and the zoning board of appeals✓ Free
Free lesson + 40 questions · free practice
- 60. Review boards, the building department, the assessor, the receiver of taxes, the engineer, and the health departmentFull plan
Full-plan lesson · text free to read
Module 12 · 1 lesson Property insurance
Includes a free lesson: Property insurance: homeowners and tenant policies, coverage, and the agent's role
- 61. Property insurance: homeowners and tenant policies, coverage, and the agent's role✓ Free
Free lesson + 40 questions · free practice
Module 13 · 1 lesson Licensee safety
Includes a free lesson: Licensee safety: at the office, in the field, online, and liability
- 62. Licensee safety: at the office, in the field, online, and liability✓ Free
Free lesson + 40 questions · free practice
Module 14 · 3 lessons Taxes and assessments
Includes a free lesson: Property taxation, assessed value, and computing the tax rate and tax
- 63. Property taxation, assessed value, and computing the tax rate and tax✓ Free
Free lesson + 40 questions · free practice
- 64. Taxing jurisdictions, special assessment districts, and exemptionsFull plan
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- 65. Protesting assessments: grievance, small claims assessment review, certiorari, and tax liensFull plan
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Module 15 · 4 lessons Condominiums and cooperatives
Includes a free lesson: Condominiums: definition, by-laws, the sponsor, and the offering plan
- 66. Condominiums: definition, by-laws, the sponsor, and the offering plan✓ Free
Free lesson + 40 questions · free practice
- 67. Condominium certificates of occupancy, title, closing costs, and buyer qualificationFull plan
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- 68. Cooperatives: shares, due diligence, and the documents a sale needsFull plan
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- 69. The co-op board package and interview, subletting, and condopsFull plan
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Module 16 · 6 lessons Commercial and investment properties
Includes a free lesson: Characteristics of real property investments and investment property types
- 70. Characteristics of real property investments and investment property types✓ Free
Free lesson + 40 questions · free practice
- 71. The reconstructed income and expense statement: NOI and cash flowFull plan
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- 72. Valuation by capitalization and the cap rateFull plan
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- 73. Rentable, usable and carpetable square footage, and loss and add-on factorsFull plan
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- 74. Commercial lease types: net, gross, office, retail, percentage, and loft leasesFull plan
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- 75. Commercial lease clauses and escalation clausesFull plan
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Module 17 · 3 lessons Income tax issues in real estate transactions
Includes a free lesson: Federal income tax treatment of a home: deductions and the principal residence exclusion
- 76. Federal income tax treatment of a home: deductions and the principal residence exclusion✓ Free
Free lesson + 40 questions · free practice
- 77. Investment property: classes of income, gain and loss, depreciation, and recaptureFull plan
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- 78. Like-kind exchanges and the tax rules for acquisition financingFull plan
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Module 18 · 1 lesson Mortgage brokerage
Includes a free lesson: Mortgage brokers and bankers, their role, and the Banking Law dual agency disclosure
- 79. Mortgage brokers and bankers, their role, and the Banking Law dual agency disclosure✓ Free
Free lesson + 40 questions · free practice
Module 19 · 2 lessons Property management
Includes a free lesson: Property management and the management agreement
- 80. Property management and the management agreement✓ Free
Free lesson + 40 questions · free practice
- 81. The property manager's skills, markets, obligations to the owner, and budgetsFull plan
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