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Ny License Law Dos RegulationsLicense_requirements_77hEASY

A candidate has passed the New York salesperson licensing examination. Which of the following is the ONLY requirement that, if missing, prevents DOS from issuing the license — regardless of whether all fees are paid and fingerprints are submitted?

Correct Answer

A) Association with a licensed sponsoring broker

Under NY Real Property Law §440-a, a salesperson license may only be issued when the applicant is associated with — and the application is countersigned by — a licensed real estate broker. Without an affiliated sponsoring broker, DOS is statutorily prohibited from issuing the license, regardless of whether all other requirements are satisfied.

Answer Options
A
Association with a licensed sponsoring broker
B
Completion of 15 hours of post-licensing education
C
Notarized affidavit of good moral character
D
Submission of two professional references to DOS

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Related Topics & Key Terms

Key Terms:

sponsoring_brokerlicense_issuancesupervision_requirement

Related Concepts

An easement by prescription is acquired through continuous, open, notorious, hostile, and uninterrupted use of another's land for a statutory period. It is similar to adverse possession but grants use rights, not ownership.

Eminent domain is the government's constitutional right to take private property for public use, provided the owner receives just compensation. It is also known as condemnation.

An encroachment occurs when a building, structure, or improvement illegally extends onto another person's property or beyond a setback line. It is a physical intrusion, not a right to use the land.

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