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This entry was published on 2017-04-28
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SECTION 441-B
License fees
Real Property (RPP) CHAPTER 50, ARTICLE 12-A
§ 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 act as a real estate broker
shall be one hundred fifty-five dollars. The fee for a license issued or
reissued under the provisions of this article entitling a person to act
as a real estate salesman shall be fifty-five dollars. Notwithstanding
the provisions of subdivision seven of section four hundred forty-one-a
of this article, after January first, nineteen hundred eighty-six, the
secretary of state shall assign staggered expiration dates for
outstanding licenses that have been previously renewed on October
thirty-first of each year from the assigned date unless renewed. If the
assigned date results in a term that exceeds twenty-four months, the
applicant shall pay an additional prorated adjustment together with the
regular renewal fee. The secretary of state shall assign dates to
existing licenses in a manner which shall result in a term of not less
than two years.

1-A. The fee for a person to take an examination offered by the
secretary of state pursuant to this article shall be fifteen dollars.
Fees collected by the department of state pursuant to this article shall
be deposited to the credit of the business and licensing services
account established pursuant to section ninety-seven-y of the state
finance law.

2. Corporations and co-partnerships. If the licensee be a corporation,
the license issued to it shall entitle the president thereof or such
other officer as shall be designated by such corporation, to act as a
real estate broker. For each other officer who shall desire to act as a
real estate broker in behalf of such corporation an additional license
expiring on the same date as the license of the corporation shall be
applied for and issued, as hereinbefore provided, the fee for which
shall be the same as the fee required by this section for the license to
the corporation. No license as a real estate salesman shall be issued to
any officer of a corporation nor to any manager or member of a limited
liability company nor to a member of a co-partnership licensed as a real
estate broker. If the licensee be a co-partnership the license issued to
it shall entitle one member thereof to act as a real estate broker, and
for each other member of the firm who desires to act as a real estate
broker an additional license expiring on the same date as the license of
the co-partnership shall be applied for and issued, as hereinbefore
provided, the fee for which shall be the same as the fee required by
this section for the license to the co-partnership. If the licensee be
a limited liability company, the license issued to it shall entitle one
member thereof or one manager thereof to act as a real estate broker,
and for each other member or manager of the firm who desires to act as a
real estate broker an additional license expiring on the same date as
the license of the limited liability company shall be applied for and
issued, as hereinbefore provided, the fee for which shall be the same as
the fee required by this section for the license to the limited
liability company. In case a person licensed individually as a real
estate broker thereafter becomes an officer of a corporation or a member
or manager of a limited liability company or a member of a
co-partnership an application shall be made in behalf of such
corporation, limited liability company or co-partnership for a broker's
license for him as its representative for the remainder of the then
current license term, provided that the license and pocket card
previously issued to the licensee in his individual capacity shall have
been returned to the department whereupon the department shall cause a
properly signed endorsement to be made without charge on the face of
such license and pocket card as to such change of license status and
return the license and pocket card to the licensee.

3. Disposition of fees. The department of state shall on the first day
of each month make a verified return to the department of taxation and
finance of all fees received by it under this article during the
preceding calendar month, stating from what city or county received and
by whom and when paid.