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NEW YORK REAL ESTATE EXAM

Doctor Jose De La Rosa Mambo Town
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License to Practice in New York
Department of State Authority
Salesperson vs Broker Roles
License Renewal and Continuing Education
Who Must Be Licensed
License Exemptions Explained
Sponsoring Broker Responsibilities
Termination and Transfer of License
Agency Relationships in New York
Fiduciary Duties to Clients
Buyer Agency Rules
Seller Agency Rules
Dual Agency with Disclosure
Designated Agency Explained
Agency Disclosure Form Timing
Elements of a Valid Contract
Offer and Acceptance in NY
Consideration and Legal Purpose
Statute of Frauds New York
Executory vs Executed Contracts
Handling Escrow Funds Properly
Commingling and Conversion Prohibited
Recordkeeping Requirements
Ethical Conduct Standards(1)
Disciplinary Actions and Penalties
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