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Bill

Bill

A 5169

Extends the revocation period for real estate brokers and real estate salespersons; and includes the license revocation history of real estate brokers or real estate salespersons on the data.ny.gov website

2025 Regular Session Introduced by Michaelle Solages

Summary of A 5169: Extending Real Estate License Revocation Period OverviewBill Number: A 5169 Title: Extends the revocation period for real estate brokers and real estate salespe

REFERRED TO JUDICIARY
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Bill Summary · A 5169

Summary of A 5169: Extending Real Estate License Revocation Period

Overview

Bill Number: A 5169
Title: Extends the revocation period for real estate brokers and real estate salespersons; and includes the license revocation history of real estate brokers or real estate salespersons on the data.ny.gov website
Status: REFERRED TO JUDICIARY
Introduced: January 14, 2025

Purpose and Intent

The primary purpose of this bill is to increase the period for which real estate broker and salesperson licenses can be revoked, and to make the revocation history of these licenses publicly available on the state's open data portal. The intent is to strengthen oversight and accountability within the real estate industry by enhancing the consequences for misconduct and improving transparency around disciplinary actions.

Key Provisions

  • Extends the maximum revocation period for real estate broker and salesperson licenses from 3 years to 5 years
  • Requires the Department of State to publish the license revocation history of all real estate brokers and salespersons on the data.ny.gov website
  • Specifies that the revocation history must include the reason for revocation and the duration of the revocation period
  • Mandates that the revocation history be updated on a regular basis and remain publicly accessible

Affected Parties and Impacts

  • Real estate brokers and salespersons would face longer potential revocation periods and have their disciplinary histories made public
  • Consumers and the general public would have increased transparency into the conduct and accountability of real estate professionals
  • The Department of State would be responsible for implementing the new reporting and publication requirements

Procedural and Timeline Considerations

This bill has been referred to the Judiciary Committee for consideration. If passed by the committee and both chambers of the state legislature, it would then be sent to the governor for final approval and enactment. The extended revocation periods and public reporting requirements would take effect upon the bill becoming law.

Compiled from official sources — confirm details with the bill’s official record.

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