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NY S05426

Bill

Status

Vetoed

10/9/2025

Primary Sponsor

James Skoufis

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Increases the required supervised experience for real estate broker license applicants from two years to five consecutive years working as a licensed real estate salesperson under a licensed broker

  • Maintains the alternative qualification pathway requiring at least three years of equivalent experience in general real estate business, verified by sworn affidavit

  • Retains existing requirements including 152 hours of approved real estate coursework, passing a written examination, cultural competency training, and fair housing education

  • Takes effect 180 days after becoming law

Legislative Description

Increases the period of supervision to five years for real estate brokers applying for a license.

Last Action

VETOED MEMO.30

10/9/2025

Committee Referrals

Judiciary6/13/2025
Rules6/13/2025
Judiciary2/21/2025

Full Bill Text

No bill text available