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Tom recently passed his New York real estate salesperson examination and paid the $15 examination fee. What must he do next to legally practice real estate in New York?

Correct Answer

B) He must find a sponsoring broker and submit his license application

After passing the exam, Tom must find a sponsoring broker who will employ him and then submit his license application along with the sponsoring broker information to the Department of State before he can legally practice.

Answer Options
A
He can begin practicing immediately after passing the exam
B
He must find a sponsoring broker and submit his license application
C
He must complete 22.5 hours of continuing education before receiving his license
D
He must wait 30 days for the Department of State to process his exam results

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Related Topics & Key Terms

Key Terms:

exam_feesponsoring_brokerlicense_applicationinitial_licensing

Related Concepts

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.

An environmental impact statement (EIS) is a detailed report required for major federal projects or actions that may significantly affect the environment. It is mandated by the National Environmental Policy Act (NEPA).

A nonconforming use is a property use that was legally established before a zoning change but no longer complies with the current zoning ordinance. It is commonly called a "grandfathered" use.

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