New York License Law
In New York, a real estate team operating under a single broker must:
AEach member obtain their own broker license
BOperate under the supervising broker's license with proper supervision of all unlicensed and licensed team members✓ Correct
CRegister the team name as a separate corporation
DLimit team membership to three licensees
Explanation
Real estate teams in New York operate under the umbrella of the supervising broker. All licensed team members must be affiliated with and supervised by the broker; the team's activities are governed by the broker's license and the team name must comply with DOS advertising rules.
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