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Fair Housing Ny Human Rights LawEnforcement_and_penaltiesMEDIUM

A real estate agent in Buffalo is accused of making discriminatory statements about potential buyers based on their national origin. The agent's broker is also named in the complaint for failing to supervise. What is the broker's potential liability under New York law?

Correct Answer

B) Joint and several liability with the agent for all damages and penalties

Under New York Human Rights Law and real estate licensing law, brokers have supervisory responsibility and can be held jointly and severally liable with their agents for discriminatory conduct, including damages and civil penalties.

Answer Options
A
No liability if the broker was unaware of the agent's conduct
B
Joint and several liability with the agent for all damages and penalties
C
Limited liability not exceeding $10,000
D
Liability only for the broker's own direct discriminatory acts

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Related Topics & Key Terms

Key Terms:

broker_liabilitysupervisionjoint_liabilitynational_origin

Related Concepts

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

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