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NYREI REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS
NYREI REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS
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NYREI
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NYREI
NYREI REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS
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| Uploaded on: | September 10, 2025 |
| Last updated: | September 10, 2025 |
| Number of pages: | 12 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | NYREI REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS |
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NYREI REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS Differentiate between employees and independent contractors ....ANSWER ...-Employees follow employer rules and get benefits; independent contractors control how they work and pay their own taxes. Criteria for independent contractor - ....ANSWER ...-1) Licensed, 2) Written contract, 3) 90% of income from commissions. State and federal laws - ....ANSWER ...-IRS defines classification rules; NYS follows IRS rules and requires contracts for independent contractor status. License categories - ....ANSWER ...-Salesperson, Broker, Associate Broker, Branch Office Manager. Broker license types - ....ANSWER ...-Individual, Associate, Corporate, Partnership/LLC. ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
