New York License Law
Under New York Real Property Law Article 12-A, a licensee convicted of a felony:
AMay keep their license if the crime was unrelated to real estate
BMust surrender their license but may reapply after 5 years automatically
CIs subject to license revocation and may be denied re-licensure, with each case reviewed individually by the DOS✓ Correct
DIs only disciplined if the conviction occurred while licensed
Explanation
A New York real estate licensee convicted of a felony is subject to license revocation. When applying for a new license after a felony conviction, the DOS reviews each case individually, considering the nature of the crime, its relationship to real estate activities, and evidence of rehabilitation.
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