New York License Law
Under New York law, a licensed salesperson who also works as an independent contractor for a broker:
AMust be treated as an employee for all purposes
BMay be treated as an independent contractor for tax purposes if a written agreement exists, but the broker must still supervise their real estate activities✓ Correct
CHas no license requirements
DCan establish their own escrow accounts
Explanation
New York permits salespersons to be treated as independent contractors for tax and employment purposes if a written independent contractor agreement exists. However, the broker must still supervise and is responsible for the salesperson's licensed activities.
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