Assembly Bill A7350

2021-2022 Legislative Session

Increases certain course hours and periods of supervision for certain real estate license applications

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A7350 (ACTIVE) - Details

See Senate Version of this Bill:
S5982
Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Amd §441, RP L
Versions Introduced in 2023-2024 Legislative Session:
A3474, S5197

2021-A7350 (ACTIVE) - Summary

Increases necessary course hours to 150 and necessary years of supervision to five years for real estate brokers applying for a license; requires six hours of instruction pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest in real property for real estate salesmen applying for a license.

2021-A7350 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7350
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                May 6, 2021
                                ___________
 
 Introduced  by  M. of A. FAHY -- read once and referred to the Committee
   on Judiciary
 
 AN ACT to amend the real property law, in relation to increasing certain
   course hours and  periods  of  supervision  for  certain  real  estate
   license applications
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraphs (b) and (c) of subdivision 1 of section  441  of
 the  real  property  law, as amended by chapter 183 of the laws of 2006,
 are amended to read as follows:
   (b) Such further information as the department may reasonably  require
 shall be furnished by the applicant including sufficient proof of having
 taken  and  passed  a written examination and answered such questions as
 may be prepared by the department to enable it to determine  the  trust-
 worthiness  of  the  applicant  if an individual, or of each member of a
 co-partnership or each member of a limited  liability  company  or  each
 officer  of  a  corporation for whom a license as a broker is asked, and
 his or their competency to transact the business of real  estate  broker
 in  such a manner as to safeguard the interests of the public. In deter-
 mining competency, the department shall require proof  that  the  person
 being tested to qualify to apply for a broker's license has a fair know-
 ledge  of  the  English  language,  a  fair understanding of the general
 purposes and general legal effect of deeds, mortgages, land contracts of
 sale, and leases, a general and fair understanding  of  the  obligations
 between  principal  and  agent,  as  well  as  of the provisions of this
 section. The applicant must also furnish proof that he has attended  for
 at least one hundred [twenty] FIFTY hours and has successfully completed
 a real estate course or courses approved by the secretary of state as to
 method and content and supervision which approval may be withdrawn if in
 the  opinion  of  the  secretary of state said course or courses are not
 being conducted properly as to method, content and supervision, and that
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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