New York License Law
Which New York State agency is responsible for licensing real estate salespersons and brokers?
ANew York State Department of Financial Services
BNew York State Division of Licensing Services (DOS)✓ Correct
CNew York State Attorney General's Office
DNew York State Real Estate Commission
Explanation
The New York State Department of State, Division of Licensing Services (DOS) administers real estate licensing under Real Property Law Article 12-A. There is no separate 'Real Estate Commission' in New York as there is in some other states.
Related New York New York License Law Questions
- Which of the following individuals does NOT need a real estate license in New York to earn compensation?
- Under New York law, a licensed salesperson who also works as an independent contractor for a broker:
- A New York real estate salesperson must be sponsored by:
- The New York DOS may conduct an audit of a broker's escrow account. If a shortage is found due to innocent bookkeeping error (not misappropriation), the DOS may:
- In New York, a licensee's 'fiduciary duty' to their principal means they must act:
- A New York salesperson license is considered 'inactive' when:
- Which entity has authority to investigate complaints against New York real estate licensees?
- Under New York Real Property Law Article 12-A, which of the following is grounds for revocation or suspension of a real estate license?
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