New York A07691 increases the required supervision period for real estate brokers applying for a license to five years.

New York A07691 amends the real property law to increase the period of supervision for real estate brokers applying for a license from two to five years. The bill requires applicants to provide proof of having taken and passed a written examination, completed a real estate course, and gained experience as a licensed real estate salesperson. Cultural competency training is also mandated. The act will take effect 180 days after it becomes law.

New York A07691 increases the required supervision period for real estate brokers applying for a license to five years.

New York A07691 amends the real property law to increase the period of supervision for real estate brokers applying for a license from two to five years. The bill requires applicants to provide proof of having taken and passed a written examination, completed a real estate course, and gained experience as a licensed real estate salesperson. Cultural competency training is also mandated. The act will take effect 180 days after it becomes law.