What's happening
This bill requires real estate licensees in New York to complete continuing education on ethical business practices and recent legal matters.
Why it matters
Raises professional standards. by mandating that all real estate licensees receive targeted education on ethical business practices, aiming to reduce unethical conduct and increase public trust in real estate transactions.
Ensures up-to-date legal knowledge. by requiring instruction on recent legal matters, helping licensees stay informed about current laws, regulations, and court decisions that directly affect their responsibilities and client interactions.
Closes previous exemption loopholes. by removing the long-standing exemption for brokers licensed for 15+ years, making continuing education a universal requirement and promoting ongoing competency across the industry.
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Who cares
Headline styles
Teach Ethics to Realtors
Plain English, a few words. Used as the page title.
Sponsors
28 Co-sponsors
- Felix Ortiz
- Carmen E. Arroyo
- Richard Gottfried
- Nader Sayegh
- Vivian Cook
- Anthony D'Urso
- Thomas Abinanti
- Alicia Hyndman
- Catalina Cruz
- Phil Steck
- Nathalia Fernandez
- Yuh-Line Niou
- Edward Braunstein
- John T. McDonald III
- Barbara Lifton
- Albert A. Stirpe
- Jonathan Jacobson
- Donna Lupardo
- Pamela J. Hunter
- Joe DeStefano
- Kieran Michael Lalor
- Mike Reilly
- David DiPietro
- Monica P. Wallace
- Billy Jones
- David Weprin
- David Buchwald
- Taylor Darling
1 Multi-sponsor
History
- Signed chap.392
- Delivered to governor
- Returned to assembly
- Passed senateVote 62–0
- 3rd reading cal.306
- Substituted for S3839
- Referred to judiciary
- Delivered to senate
- Passed assembly
- Advanced to third reading cal.423
- Reported
- Referred to judiciary
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Teach Ethics to Realtors
Senate Floor Calendar · Sponsor Brad Hoylman-Sigal
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
6082
2019-2020 Regular Sessions
IN ASSEMBLY
February 27, 2019
Introduced by M. of A. DINOWITZ -- read once and referred to the Committee on Judiciary
AN ACT to amend the real property law, in relation to requiring the inclusion of instruction in ethical business practices and recent legal matters in the continuing education requirements for real estate licensees
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (a) of subdivision 3 of section 441 of the real property law, as amended by chapter 320 of the laws of 2016, is amended to read as follows:
(a) No renewal license shall be issued any licensee under this article for any license period commencing November first, nineteen hundred ninety-five unless such licensee shall have within the two year period immediately preceding such renewal attended at least twenty-two and one-half hours which shall include at least three hours of instruction pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest in real property, at least two and one-half hours of instruction pertaining to ethical business practices, at least one hour of instruction pertaining to recent legal matters governing the practice of real estate brokers and salespersons in New York which may include statutes, laws, regulations, rules, codes, department of state opinions and decisions, and court decisions and at least one hour of instruction pertaining to the law of agency except in the case of the initial two-year licensing term for real estate salespersons, two hours of agency related instruction must be completed, and successfully completed a continuing education real estate course or courses approved by the secretary of state as to method, content and supervision, which approval may be withdrawn if in the opinion of the secretary of state such course or courses are not being conducted properly as to method, content and supervision. For those individuals licensed pursuant to
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10037-01-9
A. 6082 2
subdivision six of section four hundred forty-two-g of this article, in the individual's initial license term, at least eleven hours of the required twenty-two and one-half hours of continuing education shall be completed during the first year of the term. Of those eleven hours, three hours shall pertain to applicable New York state statutes and regulations governing the practice of real estate brokers and salespersons. To establish compliance with the continuing education requirements imposed by this section, licensees shall provide an affidavit, in a form acceptable to the department of state, establishing the nature of the continuing education acquired and shall provide such further proof as required by the department of state. [The provisions of this paragraph shall not apply to any licensed real estate broker who is engaged full time in the real estate business and who has been licensed under this article prior to July first, two thousand eight for at least fifteen consecutive years immediately preceding such renewal.]
§ 2. This act shall take effect July 1, 2021.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.