Licensing Exam Test Questions And
Correct Answers (Verified
Answers)| 2025|2026
Who regulates PI's in NY?
The Department of State, Division of Licensing
What type of crime is operating as a PI without a license?
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.
10
Who has the power to enforce the provisions of the PI licensing law?
The Secretary of State
,Is a licensee obliged to supply their books or records to the State upon State Request?
Yes
What is the term of a PI license?
2 years
What is the cost of an Individual PI license?
$400
What is the cost of a Corporate PI license?
$500
Is a PI required to be bonded?
yes
Is a PI required to be insured?
No
What is the surety bond required of a PI?
$10,000
,If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent
to?
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 ___.
25
What is the fee to take the exam that you need to pass to qualify for a PI application?
$15
Can a NY PI license be issued to a person convicted of a felony?
No
Are there any misdemeanor convictions that will not allow a person to be issued a NY PI
license?
Yes
Are a list of the applicant names and business addresses of all pending PI applications posted for
public view?
, Yes
Are a list of PI licenses that had been either issued or revoked the prior week posted for public
view?
Yes
Can a NY PI licensee simultaneously hold an employment agency license?
No
To change the name on a PI license, the cost is ___
$150
To change the address on a PI license, the cost is ___
$10
How must the issued PI license certificate be displayed?
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.