New York License Law
Under New York Real Property Law, the term 'real estate broker' includes a person who, for compensation, performs which of the following acts?
ADelivers deeds from grantor to grantee as a courier
BNegotiates the sale, purchase, rental, or exchange of real estate for another✓ Correct
CPrepares property tax grievance forms for building owners
DManages the seller's personal finances and investments
Explanation
New York RPL Article 12-A defines a real estate broker as any person who, for another and for a fee, negotiates the sale, exchange, or lease of real property or of a business opportunity involving real property. Delivering deeds as a courier and managing personal finances are not brokerage activities.
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