The Real Estate Encyclopedia
New York Division of Licensing Services
Category - Government Agencies - State Real Estate Agencies

Real Estate Salesperson:   Must be at least 18 years of age, have to complete the real estate education requirement of 45 hours of qualifying real estate courses and must successfully pass the New York real estate examinations.  Applicants need to complete and submit a Child Support Statement, whether they have children or not, or any support obligation and if anyone is four or more months in arrears in child support their license may be suspended. No person shall receive a real estate license if they have ever been convicted of a felony

Continued education:   Licensees need to complete 22 hours of approved continuing education courses during their two-year license period. Exemption from this continuing education requirement is granted to real estate brokers who have 15 consecutive years of real estate licensure and who are actively engaged in real estate at the time of renewal.

Broker applicants:   Must be at least 19 years of age and a U.S. Citizen or an alien lawfully admitted for permanent residence, need to successfully complete 90 hours of specific approved real estate courses before taking the real estate exams and need to apply for their license within two years of completing the exam or the results will be invalidated. Broker license applicants must have at least one year of experience as an active licensed real estate salesperson, or at least two years of experience in the general real estate field. Full time is defined as 35 hours per week for at least 50 weeks per year.  

Reciprocal license recognition & Non-residents:   New York has reciprocity agreements with ten states. In some of these states, the reciprocity is for brokers only, and in others the reciprocity pertains to both brokers and salespersons



Additional Note:
New York Division of Licensing Services - The New York States Department of State, has two main divisions. One is the Office of Business and Licensing Services that oversees the Division of Licensing Services. This Division of Licensing Services handles all aspects of the real estate industry licensing in New York


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Category(s)
Government Agencies - State Real Estate Agencies
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