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NY A05095
Bill
Status
2/12/2025
Primary Sponsor
Kwani O'Pharrow
Click for details
AI Summary
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Adds a mandatory one hour of instruction on VA Home Loans to the continuing education requirements for real estate broker and salesperson license renewal in New York
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Defines "VA Home Loan" as any loan defined under 38 USCA § 3710 (the federal statute governing VA-guaranteed home loans for veterans)
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Maintains existing continuing education requirements of 22.5 hours every two years, including training on fair housing, implicit bias, cultural competency, ethical business practices, and agency law
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Applies to all license renewals for real estate brokers and salespersons under the real property law
Legislative Description
Requires VA home loan training in the required training for real estate brokers.
Last Action
referred to judiciary
1/7/2026