NEW YORK PI EXAM PRACTICE
QUESTIONS AND ANSWERS GRADED A+
2026
Who regulates PI's in NY? - ANS The Department of State, Division of Licensing
What type of crime is operating as a PI without a license? - ANS Class B Misdemeanor
A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a
person who cannot meet the character standard set for an individual PI license. - ANS 10
Who has the power to enforce the provisions of the PI licensing law? - ANS The Secretary of
State
Is a licensee obliged to supply their books or records to the State upon State Request? -
ANS Yes
What is the term of a PI license? - ANS 2 years
What is the cost of an Individual PI license? - ANS $400
What is the cost of a Corporate PI license? - ANS $500
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
,Is a PI required to be bonded? - ANS yes
Is a PI required to be insured? - ANS No
What is the surety bond required of a PI? - ANS $10,000
If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent
to? - ANS Consent to the jurisdiction of the courts of NY in any case or cases arising from PI
services within NY state
No PI license shall be issued to a person under the age of ___. - ANS 25
What is the fee to take the exam that you need to pass to qualify for a PI application? -
ANS $15
Can a NY PI license be issued to a person convicted of a felony? - ANS No
Are there any misdemeanor convictions that will not allow a person to be issued a NY PI
license? - ANS Yes
Are a list of the applicant names and business addresses of all pending PI applications posted for
public view? - ANS Yes
Are a list of PI licenses that had been either issued or revoked the prior week posted for public
view? - ANS Yes
Can a NY PI licensee simultaneously hold an employment agency license? - ANS No
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
, To change the name on a PI license, the cost is ___ - ANS $150
To change the address on a PI license, the cost is ___ - ANS $10
How must the issued PI license certificate be displayed? - ANS Posted up and at all times
displayed in a conspicuous place for which it was issued, so that all persons visiting such place
may readily see it.
Every license certificate shall be surrendered to the Department of Stat within ____ hours after
its terms shall have expired or after notice in writing to the holder that such license has been
revoked. - ANS 72
Failure to surrender the license certificate within the required hours is what type of crime? -
ANS Misdemeanor
What is the cost for the replacement of an unexpired PI license certificate or an unexpired
pocket card? - ANS $10
What are the restrictions on the replacement of an unexpired PI license certificate or an
unexpired pocket card? - ANS If lost or destroyed without fault on the part of the holder.
When should a NY PI file a PI license renewal application? - ANS 6 weeks before the
expiration date of the PI license
What is the cost to renew an Individual PI license? - ANS $400
What is the cost to renew a Corporation PI license? - ANS $500
If late to renew a PI license, what is the late filing fee amount? - ANS $100
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
3
QUESTIONS AND ANSWERS GRADED A+
2026
Who regulates PI's in NY? - ANS The Department of State, Division of Licensing
What type of crime is operating as a PI without a license? - ANS Class B Misdemeanor
A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a
person who cannot meet the character standard set for an individual PI license. - ANS 10
Who has the power to enforce the provisions of the PI licensing law? - ANS The Secretary of
State
Is a licensee obliged to supply their books or records to the State upon State Request? -
ANS Yes
What is the term of a PI license? - ANS 2 years
What is the cost of an Individual PI license? - ANS $400
What is the cost of a Corporate PI license? - ANS $500
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
,Is a PI required to be bonded? - ANS yes
Is a PI required to be insured? - ANS No
What is the surety bond required of a PI? - ANS $10,000
If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent
to? - ANS Consent to the jurisdiction of the courts of NY in any case or cases arising from PI
services within NY state
No PI license shall be issued to a person under the age of ___. - ANS 25
What is the fee to take the exam that you need to pass to qualify for a PI application? -
ANS $15
Can a NY PI license be issued to a person convicted of a felony? - ANS No
Are there any misdemeanor convictions that will not allow a person to be issued a NY PI
license? - ANS Yes
Are a list of the applicant names and business addresses of all pending PI applications posted for
public view? - ANS Yes
Are a list of PI licenses that had been either issued or revoked the prior week posted for public
view? - ANS Yes
Can a NY PI licensee simultaneously hold an employment agency license? - ANS No
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
, To change the name on a PI license, the cost is ___ - ANS $150
To change the address on a PI license, the cost is ___ - ANS $10
How must the issued PI license certificate be displayed? - ANS Posted up and at all times
displayed in a conspicuous place for which it was issued, so that all persons visiting such place
may readily see it.
Every license certificate shall be surrendered to the Department of Stat within ____ hours after
its terms shall have expired or after notice in writing to the holder that such license has been
revoked. - ANS 72
Failure to surrender the license certificate within the required hours is what type of crime? -
ANS Misdemeanor
What is the cost for the replacement of an unexpired PI license certificate or an unexpired
pocket card? - ANS $10
What are the restrictions on the replacement of an unexpired PI license certificate or an
unexpired pocket card? - ANS If lost or destroyed without fault on the part of the holder.
When should a NY PI file a PI license renewal application? - ANS 6 weeks before the
expiration date of the PI license
What is the cost to renew an Individual PI license? - ANS $400
What is the cost to renew a Corporation PI license? - ANS $500
If late to renew a PI license, what is the late filing fee amount? - ANS $100
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
3
