Bill
Bill > A05169
NY A05169
Extends the revocation period for real estate brokers and real estate salespersons from one year to three years; includes the license revocation and suspension history of real estate brokers or real estate salespersons on the data.ny.gov website.
summary
Introduced
02/12/2025
02/12/2025
In Committee
02/12/2025
02/12/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the real property law, in relation to extending the revocation period for real estate brokers and real estate salespersons and to including the license revocation and suspension history of real estate brokers or real estate salespersons on the data.ny.gov website
AI Summary
This bill modifies the Real Property Law by extending the period during which a real estate broker or salesperson whose license has been revoked is ineligible for relicensing from one year to three years. Additionally, the bill requires that any license suspension or revocation be publicly disclosed on the New York State Open Data website (data.ny.gov), specifically on the department of state's listing of active real estate salespersons and brokers. This means that when a professional's license is suspended or revoked, that information will now be more transparently available to the public, potentially helping consumers make more informed decisions when choosing a real estate professional. The changes will take effect on the first day of January following the bill's passage into law, providing a clear timeline for implementation of these new requirements.
Committee Categories
Justice
Sponsors (1)
Last Action
referred to judiciary (on 02/12/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A5169 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05169&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05169 |
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