A licensed real estate broker in another state applies for a New York broker license. Under New York Real Property Law §442-c, which of the following most accurately describes how New York treats the applicant's out-of-state broker license with respect to the education requirement?
Correct Answer
C) The applicant may be eligible for a waiver of the 90-hour broker pre-licensing course if the home state offers reciprocal treatment to New York licensees
New York Real Property Law §442-c authorizes the DOS to waive the broker pre-licensing education requirement for applicants who hold an active broker license in another state, provided that state extends equivalent reciprocal treatment to New York licensees. This is a conditional, reciprocity-based waiver — not an automatic exemption. The applicant must still meet all other requirements, including passing the New York broker examination. If the other state does not offer reciprocity, the full education requirement applies.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A variance is an authorized deviation from the existing zoning ordinance granted to a property owner who demonstrates unique hardship. It allows a use or structure that would otherwise violate the current zoning rules.
Wetlands protection refers to federal and state regulations that restrict development on wetlands — areas where water covers the soil or is near the surface for part of the year. The primary federal authority is the Clean Water Act enforced by the Army Corps of Engineers.
Zoning is the government's division of land into districts with specific permitted uses such as residential, commercial, industrial, or agricultural. It is the most common exercise of police power over private property.
More Ny License Law Dos Regulations Questions
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- → Under New York Department of State fee schedules, what is the fee required to sit for the real estate salesperson licensing examination?
- → Broker Martinez holds an active NY broker license and operates a principal office. She opens a branch office managed day-to-day by Associate Broker Thompson. A competing broker claims Martinez is violating DOS regulations because the branch office lacks proper licensing. Which of the following best evaluates this claim?
- → A prospective salesperson candidate completed portions of the required 77-hour pre-licensing curriculum at two separate DOS-approved real estate schools. Under NY DOS regulations, which statement best describes the candidate's examination eligibility?
- → Amanda completed her 77-hour pre-licensing course in January 2024. She is now ready to take her exam in March 2026. Is her education still valid?
- → A salesperson has completed 20 of the required 22.5 hours of continuing education before her license renewal deadline. Which of the following would satisfy her remaining 2.5-hour requirement?
- → A New York salesperson wants to open an independent brokerage office without associating with a sponsoring broker. Which licensing distinction determines whether that is permitted?
- → A New York broker receives client money that must be held separately from the broker's own operating funds. What type of account must the broker use under the DOS rule?
- → A New York applicant is selecting a path to complete the 77-hour pre-licensing requirement. Which listed method is not acceptable under New York law?
- → Maria, a New York real estate salesperson, received her license in January 2024. Her license is set to expire in January 2026. She has completed 18 hours of continuing education courses. How many additional CE hours must she complete to satisfy New York's renewal requirements?
- → Steven Garcia completed 18 hours of continuing education during 2025 and 2026. His license expires December 31, 2026. On December 20, 2026, he registers for a 6-hour course scheduled for January 10, 2027. What is his renewal status?
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Previous Question
A license applicant completed a state-approved real estate pre-licensing course in another state before establishing residency in New York. When applying for a New York salesperson license, how is that out-of-state coursework treated toward New York's education requirement?
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The DOS-mandated 77-hour salesperson qualifying course is divided into three subject areas. Which subject area is allocated the greatest number of required hours?