After-Test Procedures Flashcards
7 cards from real NY REAL ESTATE EXAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 After-Test Procedures flashcards as text
What is the standard license term for a NY real estate salesperson license once it is issued?
Answer: 2 years
NY real estate salesperson licenses are issued for a 2-year term and must be renewed before expiration.
How many continuing education hours must a NY salesperson complete upon FIRST renewal of their license?
Answer: 22.5 hours
Upon first renewal, NY salespersons must complete 22.5 hours of continuing education, including required topics.
A salesperson's NY license expires while they are between brokers. What is the status of their license?
Answer: Inactive
A license without a sponsoring broker is placed in inactive status; the licensee cannot perform real estate activities.
A NY salesperson changes their home address. They must notify the Department of State within:
Answer: 30 days
NY licensees must notify the DOS of any address change within 30 days of the change.
The NY DOS discovers a licensee submitted false information on their license application. The most likely consequence is:
Answer: Revocation or denial of the license
Submitting false information is grounds for license revocation or denial under NY Real Property Law.
After passing the NY real estate exam, which document is NOT required as part of the license application?
Answer: Proof of errors & omissions insurance
E&O insurance is not required by NY DOS at the license application stage; it may be required by the sponsoring broker.
Which NY state agency has authority to discipline a real estate licensee after they receive their license?
Answer: The Department of State, Division of Licensing Services
The NY Department of State's Division of Licensing Services regulates and disciplines real estate licensees.