189 terms across 19 subjects
New York Real Estate Exam Glossary
This glossary defines 189 terms you need for the New York real estate salesperson exam, organized by the 19 subjects of the Department of State's 77-hour course. Each term opens into a short guide with a one-sentence definition, how the idea shows up in exam questions, an example, the trap students fall for and links to the official source.
How to use this glossary
Read the one-line definition first. Then open the term for the exam cue, an example and the trap that costs students points.
Filter by topic All 19 topics
2 terms beginning with G
Showing 1 to 2
G
Commercial and investment
Gross lease
A gross lease is a lease in which the landlord pays specified property operating expenses from the rent received.
Open term guideValuation
Gross rent multiplier
A gross rent multiplier (GRM) is a factor that relates property price or value to gross rental income.
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