New York License Law
Which of the following activities requires a New York real estate license?
ASelling your own property
BManaging property you personally own
CNegotiating a lease for a fee on behalf of another person✓ Correct
DAppraising real estate for a fee
Explanation
Negotiating real estate transactions (including leases) for compensation on behalf of others requires a New York real estate license. Selling your own property, managing your own property, and appraisal each fall under different rules or licensing categories.
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