NY Real Estate Exam · Free Sample Questions
3 free preview questions from Unlocked's NY exam question bank. Full access unlocks all questions across every topic, with detailed explanations.
Question 1 · Lease Types
In a triple net (NNN) commercial lease, the tenant pays:
Correct answer: D — Base rent plus property taxes, insurance, and maintenance
NNN (triple net) leases require the tenant to pay all three 'nets', property taxes, insurance, and maintenance costs in addition to base rent. The landlord's net income is very predictable.
Question 2 · Security Deposits
Under the NY Housing Stability and Tenant Protection Act (HSTPA) of 2019, the maximum security deposit for most residential rentals is:
Correct answer: B — One month's rent
The HSTPA of 2019 capped security deposits at one month's rent for most non-rent-stabilized residential apartments in New York State.
Question 3 · Eviction
A landlord changes the locks on a tenant's apartment after the tenant falls two months behind on rent, without going to court. This is:
Correct answer: C — A self-help eviction, which is illegal in New York
Self-help evictions, changing locks, removing belongings, shutting off utilities, are illegal in New York regardless of circumstances. The landlord must pursue formal eviction proceedings in Housing Court.
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