Licensing Requirements 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 Licensing Requirements flashcards as text
The New York real estate salesperson pre-licensing course of 77 hours must be completed at:
Answer: A DOS-approved real estate school
The 77-hour pre-licensing course must be completed at a school approved by the New York Department of State.
In New York, which of the following actions requires a real estate license?
Answer: A property manager negotiating leases for a fee on behalf of others
Negotiating leases for compensation on behalf of others constitutes real estate brokerage activity requiring a license in New York.
How many of the 22.5 required CE hours for NY salesperson renewal must cover fair housing and/or discrimination topics?
Answer: 3 hours
New York requires at least 3 hours of the 22.5 CE hours to be dedicated to fair housing and/or discrimination topics.
A licensed New York salesperson moves to another state. Their NY license:
Answer: Remains valid as long as they maintain their sponsoring broker affiliation
A NY salesperson's license remains valid regardless of the licensee's state of residence, provided they maintain their sponsoring broker affiliation and meet renewal requirements.
Under New York's reciprocity agreements, a licensed real estate agent from which state may obtain a NY license without taking the full NY exam?
Answer: Arkansas
New York has a reciprocity agreement with Arkansas, allowing licensed Arkansas agents to obtain a NY license by passing only the NY state-specific portion of the exam.
A broker's license application in New York requires evidence of:
Answer: A physical office location in New York State
New York brokers must maintain a physical office location within the state from which they conduct business.
The New York DOS may refuse to issue or renew a real estate license on the grounds of:
Answer: Demonstrated untrustworthiness or incompetency
The DOS can deny a license application or renewal if the applicant has demonstrated untrustworthiness, dishonesty, or incompetence.