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NY A05095

Bill

Status

Introduced

2/12/2025

Primary Sponsor

Kwani O'Pharrow

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • 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

  • Defines "VA Home Loan" as any loan defined under 38 USCA § 3710 (the federal statute governing VA-guaranteed home loans for veterans)

  • 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

  • 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

Committee Referrals

Judiciary2/12/2025

Full Bill Text

No bill text available