NY Real Estate Exam After-Test Procedures 3

Question 1

What is the standard license term for a NY real estate salesperson license once it is issued?

Accepted Answer

2 years

Answer

NY real estate salesperson licenses are issued for a 2-year term and must be renewed before expiration.

Question 2

How many continuing education hours must a NY salesperson complete upon FIRST renewal of their license?

Accepted Answer

22.5 hours

Answer

Upon first renewal, NY salespersons must complete 22.5 hours of continuing education, including required topics.

Question 3

A salesperson's NY license expires while they are between brokers. What is the status of their license?

Accepted Answer

Inactive

Answer

A license without a sponsoring broker is placed in inactive status; the licensee cannot perform real estate activities.

Question 4

A NY salesperson changes their home address. They must notify the Department of State within:

Accepted Answer

30 days

Answer

NY licensees must notify the DOS of any address change within 30 days of the change.

Question 5

The NY DOS discovers a licensee submitted false information on their license application. The most likely consequence is:

Accepted Answer

Revocation or denial of the license

Answer

Submitting false information is grounds for license revocation or denial under NY Real Property Law.

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