New York License Law
Under New York law, which of the following is an example of 'misrepresentation' for which a licensee may be disciplined?
AFailing to mention the property's proximity to a new park
BTelling a prospective buyer that the roof was replaced 2 years ago when it was actually replaced 10 years ago✓ Correct
CAccurately describing the property's square footage
DAdvising a seller to price the property below market to generate multiple offers
Explanation
Misrepresentation is a false statement of a material fact. Telling a buyer that the roof was replaced 2 years ago when it was actually replaced 10 years ago is a material misrepresentation — the age of the roof is a material fact affecting the buyer's assessment of the property's condition. This is grounds for license discipline under RPL Article 12-A.
Related New York New York License Law Questions
- In New York, a broker who allows their license to lapse for more than two years must:
- Under New York Real Property Law, an 'associate broker' differs from a salesperson in that:
- A New York real estate broker's principal office must be:
- Which of the following individuals does NOT need a real estate license in New York to earn compensation?
- How many hours of pre-license education are required for a New York real estate salesperson license?
- In New York, the 'Broker Management Course' (24 hours) is required for:
- In New York, a real estate broker must keep escrow account records for a minimum of:
- A real estate licensee in New York who engages in the unauthorized practice of law may face:
Practice More New York Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New York Quiz →