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Assembly Bill A9996A

Signed By Governor

2011-2012 Legislative Session

Relates to the expiration of real estate licenses and service of a real estate salesman with a broker

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Sponsored By

Archive: Last Bill Status Via S6988 - Signed by Governor

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Bill Amendments

2011-A9996 - Details

See Senate Version of this Bill:
S6988
Law Section:
Real Property Law
Laws Affected:
Amd §441-a, RP L

2011-A9996 - Summary

Relates to the expiration of real estate licenses and service of a real estate salesman with a broker.

2011-A9996 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9996

                          I N  A S S E M B L Y

                             April 30, 2012
                               ___________

Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
  Committee on Judiciary

AN ACT to amend the real  property  law,  in  relation  to  real  estate
  license terms and service with a real estate broker

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivisions 2 and 11 of section 441-a of the real property
law, subdivision 2 as amended by chapter 324 of the  laws  of  1998  and
subdivision  11  as added by chapter 61 of the laws of 1989, are amended
to read as follows:
  2. Terms. A license issued or reissued under the  provisions  of  this
article  shall  entitle  the  person,  co-partnership, limited liability
company or corporation to act as a real estate broker, or, if the appli-
cation is for a real estate salesman's license, to act as a real  estate
salesman  in  this  state  up  to and including the [thirty-first day of
October of the year] DATE in which the license by its terms expires.
  11. If a real estate salesperson shall leave the  service  of  a  real
estate  broker, the real estate broker shall file a termination of asso-
ciation notice on such form as secretary may  designate.  [The  fee  for
terminating  the  record  of  association  shall  be  ten  dollars.] The
salesperson's license may be endorsed to a new  sponsoring  broker  upon
the  establishment of a new record of association filed with the depart-
ment of state. The fee for filing a record of association shall be [ten]
TWENTY dollars.
  S 2. This act shall take effect on the thirtieth day  after  it  shall
have become a law.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15154-01-2


              

co-Sponsors

multi-Sponsors

2011-A9996A (ACTIVE) - Details

See Senate Version of this Bill:
S6988
Law Section:
Real Property Law
Laws Affected:
Amd §441-a, RP L

2011-A9996A (ACTIVE) - Summary

Relates to the expiration of real estate licenses and service of a real estate salesman with a broker.

2011-A9996A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 9996--A

                          I N  A S S E M B L Y

                             April 30, 2012
                               ___________

Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
  Committee on Judiciary -- committee discharged, bill amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  to  amend  the  real  property  law, in relation to real estate
  license terms and service with a real estate broker

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivisions 2 and 11 of section 441-a of the real property
law,  subdivision  2  as  amended by chapter 324 of the laws of 1998 and
subdivision 11 as added by chapter 61 of the laws of 1989,  are  amended
to read as follows:
  2.  Terms.  A  license issued or reissued under the provisions of this
article shall entitle  the  person,  co-partnership,  limited  liability
company or corporation to act as a real estate broker, or, if the appli-
cation  is for a real estate salesman's license, to act as a real estate
salesman in this state up to and  including  the  [thirty-first  day  of
October of the year] DATE in which the license by its terms expires.
  11.  If  a  real  estate salesperson shall leave the service of a real
estate broker, the real estate broker shall file a termination of  asso-
ciation  notice  on  such  form as secretary may designate. [The fee for
terminating the  record  of  association  shall  be  ten  dollars.]  The
salesperson's  license  may  be endorsed to a new sponsoring broker upon
the establishment of a new record of association filed with the  depart-
ment of state. The fee for filing a record of association shall be [ten]
TWENTY dollars.
  S 2. This act shall take effect January 1, 2013.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15154-04-2


              

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