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Ny License Law Dos RegulationsDisciplinary_processHARD

Salesperson Tom Wilson's license was revoked by DOS for fraudulent misrepresentation. Wilson wants to apply for a new license. Under New York law, what is the minimum period Wilson must wait before he can apply for a new real estate license?

Correct Answer

D) 1 year from the date of revocation

Under New York Real Property Law, a person whose license has been revoked may not apply for a new license for at least one year from the effective date of the revocation. This waiting period applies regardless of the reason for revocation.

Answer Options
A
5 years from the date of revocation
B
2 years from the date of revocation
C
3 years from the date of revocation
D
1 year from the date of revocation

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Related Topics & Key Terms

Key Terms:

license_revocationreapplicationwaiting_periodminimum_time

Related Concepts

A certificate of occupancy (CO) is an official document issued by the local building department certifying that a building complies with building codes and is safe for occupancy. It is required before a building can be legally occupied.

A conditional use permit (also called a special use permit) allows a land use that is not automatically permitted by zoning but may be allowed under certain conditions. The use must be compatible with the surrounding area.

Deed restrictions are limitations placed in a deed that control how a property may be used by the current and future owners. They are a form of private land use control that runs with the land.

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