License Law & AgencyPregunta 24 de 100

The New York statute governing the licensing and conduct of real estate brokers and salespersons is:

a.The Uniform Commercial Code
b.Regulation Z
c.Article 12-A of the Real Property Law
d.The Statute of Frauds only

Explicación

Article 12-A of the New York Real Property Law is the licensing law that defines brokers and salespersons and sets rules for their conduct. The Department of State administers it. Requirements under this article can be amended, so licensees should verify current provisions.

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