New York License Law
In New York, a licensee who has their license expire and continues to practice real estate for compensation is:
APermitted to practice for up to 30 days after expiration
BViolating the license law and subject to penalties✓ Correct
COnly permitted to complete transactions already in progress
DRequired to notify the DOS but may continue practicing
Explanation
Practicing real estate for compensation after a license has expired is a violation of New York license law. The licensee must renew their license (and complete CE requirements) before engaging in any licensed activities.
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