Extends the revocation period for real estate brokers and salespersons from one year to three years; adds revocation and suspension history to.
New York A05169 amends the real property law to extend the revocation period for real estate brokers and salespersons from one year to three years. It also mandates that any suspension or revocation of their licenses be added to their records on the data.ny.gov website, making this information publicly accessible. This change aims to enhance transparency and accountability within the real estate industry.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.