New York License Law
A New York licensee who wishes to operate under a trade name (DBA) must:
ARegister the trade name with the NYSE
BObtain approval from the DOS for the trade name and ensure the licensed broker's name is always identified✓ Correct
CFile the DBA with the local county clerk only
DInclude 'Real Estate' in the trade name
Explanation
In New York, a licensee operating under a trade name must register it with the DOS. All advertising and business conducted under the trade name must still identify the licensed broker. The DOS must approve the name and it cannot be deceptive or misleading.
Related New York New York License Law Questions
- A New York real estate broker whose license is expired for more than 2 years must:
- Under New York law, a licensed salesperson who also works as an independent contractor for a broker:
- A real estate licensee in New York who engages in the unauthorized practice of law may face:
- Under New York law, an unlicensed person who performs real estate activities that require a license may face:
- In New York, a broker who allows their license to lapse for more than two years must:
- Under New York law, a licensee convicted of a felony may:
- The New York DOS may discipline a licensee for 'commingling' escrow funds. Commingling means:
- A New York real estate licensee found guilty of fraud in a transaction may face all of the following EXCEPT:
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 →