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NY S03076

Bill

Official Source

Status

Introduced

1/27/2023

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Amends Section 440 of the Real Property Law to add a new definition of "team"
  • Defines "team" as two or more persons associated with the same real estate brokerage who hold themselves out or operate as a team
  • Requires at least one team member to be an associate real estate broker or real estate salesperson
  • Takes effect immediately upon enactment

Legislative Description

Defines a real estate team as two or more persons associated with the same real estate brokerage who hold themselves out or operate as a team.

Last Action

REFERRED TO LOCAL GOVERNMENT

1/3/2024

Committee Referrals

Local Government1/27/2023

Full Bill Text

No bill text available