New York real estate glossary

Know the term. Understand the rule.

Search 189 exam terms from all 19 New York salesperson curriculum subjects. Every definition opens into a sourced guide with an exam cue, a practical example and the distinction students often miss.

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Read the short definition first. Then open the term for the exam pattern, New York example and common mix-up.

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2 terms in Agency beginning with A

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Agency

Accounting

The fiduciary duty to safeguard and properly account for money, documents and property entrusted to the agent.

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Agency

A relationship in which an agent is authorized to act for a principal and owes duties within that relationship.

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