NY Real Estate License Law & Regulations
Master the essential License Law and Regulations tested on the New York Real Estate Salesperson Exam. These 30 flashcards cover licensing requirements, DOS rules, broker supervision, license maintenance, and prohibited practices to help you pass with confidence.
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Preview Questions
Question 1
What is the minimum age requirement to obtain a real estate salesperson license in New York?
Answer
An applicant must be at least 18 years old to obtain a New York real estate salesperson license.
Question 2
How many hours of pre-licensing education are required before applying for a New York salesperson license?
Answer
Applicants must complete 77 hours of approved pre-licensing coursework before sitting for the salesperson exam.
Question 3
Under New York license law, a real estate salesperson's license must be held by whom?
Answer
A salesperson's license must be held by a sponsoring licensed real estate broker; a salesperson cannot operate independently.
Question 4
What is the license term for a New York real estate salesperson license?
Answer
A New York real estate salesperson license is valid for two years from the date of issuance.
Question 5
How many hours of approved continuing education must a New York salesperson complete to renew their license?
Answer
A salesperson must complete 22.5 hours of approved continuing education during each two-year license period to renew.
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