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NY S07248

Bill

Official Source

Status

Passed

9/9/2016

Primary Sponsor

John Bonacic

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Requires real estate licensees to complete at least one hour of instruction pertaining to the law of agency as part of continuing education for license renewal
  • Mandates two hours of agency-related instruction for real estate salespersons during their initial two-year licensing term
  • Maintains existing requirement of 22.5 total continuing education hours within the two-year period preceding renewal
  • Applies to all license renewal periods commencing November 1, 1995 and thereafter
  • Requires licensees to provide an affidavit to the department of state documenting completion of continuing education requirements

Legislative Description

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

Last Action

SIGNED CHAP.320

9/9/2016

Committee Referrals

Judiciary5/17/2016
Judiciary4/11/2016

Full Bill Text

No bill text available