Comprehensive Questions and
Solutions Graded A+
Purpose of real estate license laws - Answer: to protect the health, safety and welfare of the
public by ensuring a consistent level of competence, ethics and professionalism by real estate
licensees
Responsible for enforcing license laws - Answer: NY State Department of State Division of
Licensing Services
Members of the Board of Real Estate - Answer: 15 including Secretary of State, Executive
Director of Consumer Protection Board, 5 brokers
Salesperson applicants must - Answer: be 18 years old, complete 75 hours of training, pass NY
State test, have a sponsoring broker
Fee for salesperson license - Answer: $50 for two years
Fee for broker/Assoc broker license - Answer: $150 for two years
Broker applicants must - Answer: be at least 20, complete 120 hours of prelicensing course work
(75 +), provide proof of experience (either 2 years and 3,500 points or three years equivalent
and 5,250 points