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
3 terms beginning with H
Showing 1 to 3
H
Property insurance
Hazard
A hazard is a condition that increases the chance or severity of loss.
Open term guideValuation
Highest and best use
Highest and best use is the legally permissible, physically possible, financially feasible and maximally productive use considered in valuation.
Open term guideMunicipal government
Historic preservation commission
A historic preservation commission is a local body that may survey historic resources, recommend designation and review work under a local preservation law.
Open term guide