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New York · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 New YorkNew York requires that real estate advertising not be false, misleading, or deceptive, and that a salesperson advertise only under the name of the sponsoring broker rather than independently. Broker identity must be clearly disclosed so consumers know who is responsible for the offering. Brokers must also maintain and retain transaction, agency-disclosure, and escrow records in accordance with DOS regulations.
Yes. State License Law is a scored domain on the New York real estate licensing exam, and this topic appears in the state license-law portion.
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New York applies its own license law on top of the national portion. This page covers the New York rules specifically, which is what the state section of your exam tests.