Senate Bill S7248

Signed By Governor
2015-2016 Legislative Session

Requires applicants for licenses as real estate brokers and real estate salesmen and for renewals thereof to complete instruction in the law of agency

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-S7248 (ACTIVE) - Details

See Assembly Version of this Bill:
A9474
Law Section:
Real Property Law
Laws Affected:
Amd ยง441, RP L

2015-S7248 (ACTIVE) - Summary

Requires applicants for licenses and for renewals thereof as real estate brokers and real estate salesmen to complete instruction in the law of agency.

2015-S7248 (ACTIVE) - Sponsor Memo

2015-S7248 (ACTIVE) - Bill Text download pdf 

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

                                  7248

                            I N  S E N A T E

                             April 11, 2016
                               ___________

Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
  printed to be committed to the Committee on Judiciary

AN ACT to amend the real property law, in relation  to  requiring  three
  hours  of  agency related coursework as a requirement for renewal of a
  real estate license

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

  Section  1.  Paragraph (a) of subdivision 3 of section 441 of the real
property law, as amended by section 1 of part D of chapter  328  of  the
laws of 2014, is amended to read as follows:
  (a) No renewal license shall be issued any licensee under this article
for any license period commencing November first, nineteen hundred nine-
ty-five unless such licensee shall have within the two year period imme-
diately preceding such renewal attended at least twenty-two and one-half
hours which shall include at least three hours of instruction pertaining
to  fair  housing  and/or  discrimination  in the sale or rental of real
property or an interest in real property, AT LEAST ONE HOUR OF  INSTRUC-
TION  PERTAINING  TO THE LAW OF AGENCY EXCEPT IN THE CASE OF THE INITIAL
TWO-YEAR LICENSING TERM FOR REAL ESTATE SALESPERSONS, TWO HOURS OF AGEN-
CY RELATED INSTRUCTION MUST BE COMPLETED, and successfully  completed  a
continuing  education  real  estate  course  or  courses approved by the
secretary of state as to method, content and supervision, which approval
may be withdrawn if in the opinion of the secretary of state such course
or courses are not being conducted properly as to  method,  content  and
supervision.  For those individuals licensed pursuant to subdivision six
of section four hundred forty-two-g of this article, in the individual's
initial license term, at least eleven hours of the  required  twenty-two
and one-half hours of continuing education shall be completed during the
first year of the term. Of those eleven hours, three hours shall pertain
to  applicable  New  York  state  statutes and regulations governing the
practice of real estate brokers and salespersons. To  establish  compli-
ance with the continuing education requirements imposed by this section,
licensees  shall  provide  an  affidavit,  in  a  form acceptable to the
department of state, establishing the nature of the continuing education

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

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