§ 440-A — License required for real estate brokers and salespersons

§ 440-a. License required for real estate brokers and salespersons. No\nperson, co-partnership, limited liability company or corporation shall\nengage in or follow the business or occupation of, or hold themselves or\nitself out or act temporarily or otherwise as a real estate broker or\nreal estate salesperson in this state without first procuring a license\ntherefor as provided in this article. No person shall be entitled to a\nlicense as a real estate broker under this article, either as an\nindividual or as a member of a co-partnership, or as a member or manager\nof a limited liability company or as an officer of a corporation, unless\nthey are twenty years of age or over. No person shall be entitled to a\nlicense as a real estate salesperson under this article unless they are\nover the age of eighteen years. No person shall be entitled to a license\nas a real estate broker or real estate salesperson under this article\nwho has been convicted in this state or elsewhere of a crime, unless the\nsecretary makes a finding in conformance with all applicable statutory\nrequirements, including those contained in article twenty-three-A of the\ncorrection law, that such convictions do not constitute a bar to\nlicensure. No person shall be entitled to a license as a real estate\nbroker or real estate salesperson under this article who does not meet\nthe requirements of section 3-503 of the general obligations law.\n Notwithstanding anything to the contrary in this section, tenant\nassociations and not-for-profit corporations authorized in writing by\nthe commissioner of the department of the city of New York charged with\nenforcement of the housing maintenance code of such city to manage\nresidential property owned by such city or appointed by a court of\ncompetent jurisdiction to manage residential property owned by such city\nshall be exempt from the licensing provisions of this section with\nrespect to the properties so managed.\n