75%(4)3 out of 4 people found this document helpful
This preview shows page 4 - 6 out of 42 pages.
learning courses may be approved by the department so long as providers demonstrate the ability to monitor and verify participation by the applicant for the specified time period. Notwithstanding the foregoing authority to approve computer-based and distance-learning courses, the department may prescribe that specified subjects or hours must be presented in a classroom setting. (c) In the event the applicant shall be a licensed salesperson under this article and shall have submitted acceptable proof pursuant to the provisions of either paragraph (d) of subdivision 1-A of this section or paragraph (a) of subdivision 3 of this section of having attended and successfully completed 75 hours of an approved real estate course or courses within eight years of the date of the application, the department may accept and credit same against the 120 hours required hereunder. 1-A. (a) Every application for a real estate salesperson’s license shall set forth: (i) The name and residence address of the applicant. (ii) The name and principal business address of the broker with whom he is to be associated. (iii) The business or occupation engaged in for the two years immediately preceding the date of the application, setting forth the place or places where such business or occupation was engaged in, and the name or names of employers if any. (iv) The length of time he has been engaged in the real estate business. (v) The form, information and statement required by §3-503 of the General Obligations Law.
NYS Department of State Division of Licensing Services Real Estate License Law / Page 5(b) Each applicant for a salesperson’s license shall provide such further information as the department may reasonably require, appearing at such time and place as may be designated by the department, to take a written examination and answer such questions as may be prepared by the department to enable it to determine the trustworthiness of the applicant and the applicant’s competence to transact the business of real estate salesperson in such a manner as to safeguard the interests of the public, including the applicant’s working knowledge of the basic concepts of law pertaining to contracts, real property, agency and this article which govern conduct of such business, mastery of basic skills needed to perform the applicant’s duties, working knowledge of the ethical obligations of a real estate salesperson, and knowledge of the provisions of the General Obligations Law pertaining to performance of the applicant’s duties.(c) Each application for either a broker’s or salesperson’s license under this article shall be subscribed by the applicant; or if made by a co-partnership it shall be subscribed by a member thereof, or if made by a corporation it shall be subscribed by an officer thereof, and shall conform to the requirements of §3-503 of the General Obligations Law. Each application shall contain an affirmation by the person so subscribing that the statements therein are true under the penalties of perjury.
You've reached the end of your free preview.
Want to read all 42 pages?
Sales occupations, Real estate broker/agent, real estate brokers