NY Real Estate Exam Licensing Requirements 2

Question 1

A New York salesperson license is valid for how many years before renewal is required?

Accepted Answer

2 years

Answer

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

Question 2

How many hours of continuing education must a New York salesperson complete to renew their license?

Accepted Answer

22.5 hours

Answer

New York salespersons must complete 22.5 hours of approved continuing education every two-year renewal cycle.

Question 3

Under New York law, which entity has authority to suspend or revoke a real estate license?

Accepted Answer

The New York Department of State

Answer

The New York Department of State, through the Division of Licensing Services, has authority to discipline licensees including suspension and revocation.

Question 4

A NY real estate salesperson who wishes to change sponsoring brokers must:

Accepted Answer

Notify the DOS and have the new broker file a transfer

Answer

A salesperson must have their new sponsoring broker notify the Department of State to officially transfer the license.

Question 5

Which of the following is NOT a requirement to obtain a New York real estate salesperson license?

Accepted Answer

Be a U.S. citizen

Answer

U.S. citizenship is not required; applicants need only be lawfully authorized to work in the United States.

(NY Real Estate Exam) New York Real Estate Exam Practice Test

(NY Real Estate Exam) New York Real Estate Exam Practice Test

NY Real Estate Exam Licensing Requirements 2