New York Real Property Law Article 12-A - REAL ESTATE BROKERS AND REAL ESTATE SALESMEN
- 440 - Definitions.
1. Whenever used in this article "real estate broker" means any person, firm, limited liability company or corporation, who, for another and for a fee,...
- 440-a - License Required for Real Estate Brokers and Salesmen.
No person, co-partnership, limited liability company or corporation shall engage in or follow the business or occupation of, or hold himself or itself out or...
- 440-b - Licenses in Putnam County.
On and after the first day of July, nineteen hundred thirty-four, no person, copartnership or corporation shall engage in or follow the business or occupation...
- 441 - Application for License.
1. Form. (a) Any person, copartnership, limited liability company or corporation desiring to act as a real estate broker or any person desiring to act...
- 441-a - License and Pocket Card.
1. The department of state, if satisfied of the competency and trustworthiness of the applicant, shall issue and deliver to him a license in such...
- 441-b - License Fees.
1. The fee for a license issued or reissued under the provisions of this article entitling a person, co-partnership, limited liability company or corporation to...
- 441-c - Revocation and Suspension of Licenses.
1. Powers of department. (a) The department of state may revoke the license of a real estate broker or salesman or suspend the same, for...
- 441-d - Salesman's License Suspended by Revocation or Suspension of Employer's License.
The revocation or suspension of a broker's license shall operate to suspend the license of each real estate salesman associated with such broker, pending a...
- 441-e - Denial of License; Complaints; Notice of Hearing.
1. Denial of license. The department of state shall, before making a final determination to deny an application for a license, notify the applicant in...
- 441-f - Judicial Review.
The action of the department of state in granting or refusing to grant or to renew a license under this article or in revoking or...
- 442 - Splitting Commissions.
1. No real estate broker shall pay any part of a fee, commission or other compensation received by the broker to any person for any...
- 442-a - Compensation of Salesmen; Restrictions.
No real estate salesman in any place in which this article is applicable shall receive or demand compensation of any kind from any person, other...
- 442-b - Discontinuance or Change of Salesman's Association; Report.
When the association of any real estate salesman shall have been terminated for any reason whatsoever, his broker shall forthwith notify the department of state...
- 442-c - Violations by Salesmen; Broker's Responsibility.
No violation of a provision of this article by a real estate salesman or employee of a real estate broker shall be deemed to be...
- 442-d - Actions for Commissions; License Prerequisite.
No person, copartnership, limited liability company or corporation shall bring or maintain an action in any court of this state for the recovery of compensation...
- 442-e - Violations.
1. Misdemeanors; triable in court of special sessions. Any person who violates any provision of this article shall be guilty of a misdemeanor. The commission...
- 442-f - Saving Clause.
The provisions of this article shall not apply to receivers, referees, administrators, executors, guardians or other persons appointed by or acting under the judgment or...
- 442-g - Nonresident Licensees.
1. A nonresident of this state may become a real estate broker or a real estate salesman by conforming to all of the provisions of...
- 442-h - Rules of the Secretary of State.
1. The secretary of state, and not the state real estate board established under section four hundred forty-two-i of this article, shall adopt such rules...
- 442-i - State Real Estate Board.
1. There is hereby established within the department of state a state real estate board which shall consist of the secretary of state, superintendent of...
- 442-j - Effect of Invalid Provision.
Should the courts of this state declare any provision of this article unconstitutional, or unauthorized, or in conflict with any other section or provision of...
- 442-k - Powers and Duties of the State Real Estate Board.
1. The state real estate board shall have the power to promulgate rules or regulations affecting brokers and sales persons in order to administer and...
- 442-l - After-The-Fact Referral Fees.
1. No real estate broker or salesperson, in any place in which this article is applicable, shall demand or receive a referral fee or compensation...
- 443 - Disclosure Regarding Real Estate Agency Relationship; Form.
1. Definitions. As used in this section, the following terms shall have the following meanings: a. "Agent" means a person who is licensed as a...
- 443-a - Disclosure Obligations.
1. Notwithstanding any other provision of law, it is not a material defect or fact relating to property offered for sale or lease, including residential...
Last modified: February 3, 2019