New York License Law
In New York, a broker's license may be revoked or suspended for all of the following EXCEPT:
AMaking material misrepresentations to a client
BCommingling escrow funds
CSelling the broker's own home at a loss✓ Correct
DDemonstrating untrustworthiness or incompetency
Explanation
Selling one's own home at a loss is a personal financial decision, not a violation of real estate license law. License revocation is based on professional misconduct such as misrepresentation, commingling of funds, fraud, or demonstrated incompetency.
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