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NY A07325

Bill

Official Source

Status

Introduced

5/17/2023

Primary Sponsor

Kimberly Jean-Pierre

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Requires real estate brokers to complete at least one hour of instruction pertaining to VA Home Loans as part of their continuing education requirements for license renewal.

  • Defines "VA Home Loan" as any loan defined pursuant to 38 USCA § 3710.

  • Adds VA Home Loan training to the existing 22.5-hour continuing education requirement that brokers must complete within two years preceding license renewal.

  • Takes effect immediately upon enactment.

Legislative Description

Requires VA home loan training in the required training for real estate brokers.

Last Action

referred to judiciary

1/3/2024

Committee Referrals

Judiciary5/17/2023

Full Bill Text

No bill text available