New York License Law
Under New York law, an unlicensed person who performs real estate activities that require a license may face:
AOnly a civil fine of $100 per violation
BIneligibility to collect a commission and possible criminal misdemeanor charges✓ Correct
CSuspension of a future license application for 60 days
DNo penalty, because only licensees can be disciplined by the DOS
Explanation
An unlicensed person who performs activities requiring a real estate license in New York cannot enforce any agreement to collect a commission (courts have uniformly denied such claims). Additionally, performing unlicensed real estate activities is a misdemeanor under New York law.
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