New York License Law
A New York real estate licensee is required to disclose their license status when:
AOnly when asked directly by the other party
BWhen purchasing or selling property for themselves or their immediate family✓ Correct
COnly in commercial transactions
DOnly when representing a buyer
Explanation
New York license law requires licensees to disclose their status as licensed real estate professionals when they are buying, selling, or otherwise personally involved in a real estate transaction, to avoid any appearance of conflict or advantage.
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