Real Estate Broker and

NYS DOS, Real Estate Professional Page NYS Department of State Division of Licensing Services F requently A sked Q uestions Applicants for Real Estate Broker and Salesperson Licensure Do I need to be licensed? Generally, Article 12-A of the Real Property Law provides that anyone who, on behalf of another and for a fee, 1) negotiates a sale, exchange or rental of real property, 2) collects rent, or 3) negotiates a commercial loan secured by a mortgage must be licensed as a real estate broker. What is the difference between a real estate broker and a real estate salesperson? A real estate broker is responsible for the supervision and conduct of the real estate brokerage business. He or she applies for and holds the license on behalf of the brokerage. This person is known as the "representative broker." A real estate salesperson works for and is supervised by the representative broker. The salesperson acts as the representative broker's agent. All listings, although perhaps negotiated by a salesperson, are accepted by the representative broker. How do I become a real estate salesperson or broker? In order to qualify for licensure as a real estate salesperson, an applicant must have satisfactorily completed a 45 hour salesperson qualifying education course in real estate approved by the Secretary of State, and have passed a qualifying examination administered by the Department. In order to qualify for licensure as a real estate broker, an applicant must have at least one year of experience as a licensed real estate salesperson or at least two years of experience in the general real estate field (e.g., buying and selling your own property, managing property owned by your employer), have satisfactorily completed both the qualifying salesperson course of 45 hours and an additional 45 hour real estate broker course as approved by the Secretary of State, and have passed a qualifying examination administered by the Department. Who licenses mortgage brokers? Anyone who negotiates or attempts to negotiate any mortgage loan other than a mortgage loan on residential property, in the state of New York, is required to be licensed as real estate broker, or as a salesperson associated with a real estate broker. This license is issued by the NYS Department of State. To negotiate a mortgage loan on residential property (one to four family building) registration with the New York State Banking Department is required. If I am a real estate management company, do I need a real estate broker's license? That depends on what services you provide. If you collect rent or place tenants in vacant spaces on behalf of your landlord client, the answer is yes. If, on the other hand, your services are strictly maintenance, the answer is no. you are not acting as a fiduciary (not handling another person's money). Whom do I call if I am not sure whether I completed my 22.5 hours of continuing education during my license term? Contact the school(s) you attended. Schools are required by law to maintain course completion records for three years. You may request duplicate certificates from the school(s) in the event you are audited. In order to renew my salesperson license, I completed the 45-hour broker qualifying course. Can I apply the extra 22.5 hours to my next license term? No. The law clearly states that continuing education must be completed within each license term. I could not complete the continuing education, but I wish to renew my license anyway. Can I apply for an extension? Please refer to §177.6 in the real estate law booklet. Extensions will only be granted in bona fide hardship cases. You must submit the following, preferably prior to your license expiration: a written request for the extension, completed renewal form, fee, and original documentation demonstrating your hardship; i.e. , medical documentation. I think I might be exempt, but I am not sure when I originally became licensed. Can you tell me when I was first licensed? No. The Department of State only maintains seven years of real estate records. You may possibly determine your original date of licensure if you know when you completed the salesperson course and how long it took you after completing the course to apply for your license. What happens if I do not complete my continuing education and don't renew my license? If you do not renew your license, you cannot conduct any real estate activities that require a New York State real estate license in accordance with Article 12-A of the Real Property Law. There are no grace periods that allow you to continue working while not licensed. You have two years from the date your license expires to renew your license. If you fail to renew within that period, you will be required to pass the state written examination. No continuing education will be required to repeat the licensing process again. When you submit your new salesperson application, you must include the following: your new examination results, application fee, and a copy of your expired license/pocket card or ORIGINAL proof of completing the salesperson course. If possible, it is better to submit original proof of your salesperson course. If you do not have an original certificate, then call the school where you took the course to request another certificate. If you are applying for your broker's license, you must submit ORIGINAL proof of your 45-hour salesperson course and 45-hour broker course, or a copy of your expired broker's license. How do I obtain a waiver from the 45-hour salesperson or 90-hour broker course requirement? You must submit a written request stating the waiver you are applying for along with ORIGINAL proof of course completion, a detailed outline listing topics and hours, and a course description. We only review prelicensing courses from other states that were completed in a classroom setting. (No home-study/correspondence courses.) The prelicensing salesperson's course must be at least 45 hours of classroom instruction and the broker's course, 90 hours. In addition, if you have graduated with a Master's Degree with a concentration in real estate, you may qualify for a 90-hour waiver of the qualifying courses. Please submit an official transcript with your waiver request. If you are granted a waiver, you will receive the waiver letter, the license application, real estate law booklet, and examination schedules. When you are ready to apply for your license, please submit the ORIGINAL waiver letter with your application, fee, passed examination results, and any other required documents. I have been a real estate licensee for many years. Am I exempt from the continuing education requirements? Article 12A statutorily requires all real estate brokers and salespeople to complete 22½ hours of Department of State approved education within their two-year license period prior to the date of expiration. The law does provide for an exemption from this requirement for a real estate broker who has 15 consecutive years of combined licensure as a salesperson and a broker and who is actively engaged in the real estate business as a real estate broker at the time of renewal, or an admitted NYS attorney. Where do I get more detailed information? You may access pertinent law and regulations, applications and exam schedules from this website. You may also request this or other information by calling a Division of Licensing Services customer service representative at (518) 474-4429 or by writing to: New York State Department of State Division of Licensing Services 84 Holland Avenue Albany, New York 12208-3490 [ NYS Department of State Home Page ] [ Licensing Services Menu ] [ Real Estate Professionals Page ]

investment property. Missing any

Buying Investment Property, RichDad.com Get the book that started it all. The #1 New York Times Bestseller Rich Dad Poor Dad is the book that "rocked" the financial world, J.P. Morgan declares. The Wall Street Journal calls "Rich Dad Poor Dad a must-read for Millionaires" and USA TODAY says it's "A starting point for anyone looking to gain control of their financial future." Learn how to have your money work for you and why you don't need to earn a high income to be rich. ARE YOU READY T O G E T O U T O F THE RAT RACE? Rich Dad's Roads to Riches : 6 Steps to Becoming a Successful Real Estate Investor - Cassette/VHS This program, developed in conjunction with Time Life, will teach you about buying investment property. Missing any of this program can, and will create an investing nightmare when buying investment property. The program includes: - 5 Audio Cassettes -104-page Hands-on Workbook - 2 VHS Video Tapes Bonus Gifts - The book: '101 Ways to Massively Increase the Value of your Real Estate without Spending much Money' by Dolf De Roos - The Mortgage Calculator - Rich Dad's Real Estate Evaluator Rich Dad's Roads to Riches : 6 Steps to Becoming a Successful Real Estate Investor - CD/VHS This program, developed in conjunction with Time Life, will teach you about buying investment property. Missing any one of these steps can, and will, create an investing nightmare when buying investment property. The program includes: - 5 CDs -104-page Hands-on Workbook - 2 VHS Video Tapes Bonus Gifts - The book: '101 Ways to Massively Increase the Value of your Real Estate without Spending much Money' by Dolf De Roos - The Mortgage Calculator - Rich Dad's Real Estate Evaluator. Rich Dad's Roads to Riches : 6 Steps to Becoming a Successful Real Estate Investor - CD/DVD This program, developed in conjunction with Time Life, will teach you about buying investment property. Missing any one of these steps can, and will, create an investing nightmare when buying investment property. The program includes: - 5 CDs -104-page Hands-on Workbook - 1 DVD Bonus Gifts - The book: '101 Ways to Massively Increase the Value of your Real Estate without Spending much Money' by Dolf De Roos - The Mortgage Calculator - Rich Dad's Real Estate Evaluator Home | Sign Up | Events | Buy Products | About Rich Dad | Sitemap RealEstate Investment | RealEstate Investors | RealEstate Investing | Real Estate Investing FAQ | Getting Rich in Real Estate | Real Estate Books | How to Invest in Real Estate | Sample Articles of Incorporation | Buying Property | Biography of Robert Kiyosaki | Robert Kiyosaki Products | Success System | Financial Independence | Real Estate Courses | Passive Income Builders | Acquiring Passive Income | Passive Income Business | Types of Passive Income | Rich Dad Poor Dad Reviews | Rich Dad Poor Dad Book | RichDad | Rich Dad Poor Dad | Summary of Rich Dad Poor Dad | Examples of Personal Financial Statement | Personal Financial Statement | Financial Statement Example | Financial Statement Sample | Managing Money Tips | Cash Flow Notes | Winning in the CASHFLOW Business | CASH FLOW Quadrant Game | CASHFLOW Quadrant | CASH FLOW 101 Game | CASHFLOW 202 | CASHFLOW Game | CASHFLOW 101 Game | CASHFLOW for Kids | Financial Definitions | Cash Flow Definition | Achieve Financial Freedom | Financial Freedom Services | Manage Your Financial Freedom | Books on Financial Freedom | Get Out of the Rat Race | Rat Race Board Game | Escape the Rat Race | Give Up the Rat Race 2002-2003 | CASHFLOW is a Registered Trademark of CASHFLOW Technologies, Inc. CASHFLOW THE E-GAME Whatever your dream may be, CASHFLOW THE E-GAME teaches you money managing tips and how to get out of the Rat Race. Learn about money and finance in a fun, interactive environment. First Name Last Name E-mail Address --

Real Estate

Century 21 Real Estate: home buying, home selling, financing and property listings. español Put My Century 21 to work for you, simply register your email address and create a password. Once you're registered, you'll be able to • save property descriptions • store your search criteria • file agent information • build a custom library Find out more or register now! Already registered? Sign in . -- Welcome to Century 21 Real Estate Century 21 Real Estate is your online resource for home buying, home selling, financing and property listings. Whether it's a house, condo, or any other type of property, we can assist you with your real estate needs. Search for Properties Looking to buy a new home, condo or any other property? Search thousands of properties in our real estate listings. Search Property Listings » First Time Homebuyers Guide » View Our Buyer Service Pledge » International Century 21 Real Estate LLC is part of the largest real estate referral network in the world - with over 110,000 brokers and sales associates in over 30 countries and territories. Access our world offices today» Sell a Property Let our real estate agents create a customized marketing plan to sell your property. List your Property » View Our Seller Service Pledge » View Mortgage Rates View current mortgage rates, apply for a home equity loan, crunch numbers with home mortgage calculators and more! Apply for a Mortgage Now» Use Our Mortgage Calculators » Find an Office or Agent Find and contact a CENTURY 21 Office or Agent to handle your real estate needs. Find an Office or Agent » Quick Vote! Your vote counts! Let us Know Where do you spend the most time? Bedroom Living Room Kitchen Bathroom Dining Room ©2005 Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each CENTURY 21 Office Is Independently Owned And Operated. All rights reserved. Information appearing on this site has been produced by or obtained primarily from Century 21 Real Estate LLC and its representatives and from CENTURY 21 franchisees. Century 21 Real Estate LLC is not responsible for the accuracy or completeness of the broker information, sales associate information, listing information or other information provided by our franchisees appearing on or through this site. Such information has been provided by independent third parties who are solely responsible for such content. Certain conditions and restrictions apply to System promotions. Terms and Conditions of Use.

Land Loans Lending Area

Real Estate Loan main page Home | Search | Sitemap | Contact Us | Your Privacy | Reorder Checks Credit Cards | Account Aggregation | Mortgages | Buy Stocks | Online Banking About Us Join Us Save with Us Borrow from Us Invest/Insure with Us Your Rates Your Tools Your Business Borrow from Us Auto Loans Consumer Loans Credit Cards Real Estate Loans Apply now Rates 80/10/10 Mortgages Adjustable Rate Mortgages Construction Mortgages Fixed Rate Mortgages Flexible Mortgages Home Equity Line Of Credit Land Loans Lending Area Refinancing Zero Down Mortgages Payment Protection Whether you are buying a new home or you've decided to remodel, as a member of Redstone Federal Credit Union, you have access to many different low annual percentage rate loans and refinancing options. At RFCU, we provide you with the financial resources you'll need and the personal service you've come to expect. Take a look and please feel free to contact our Real Estate Department for more information. We'll be happy to help you decide what type of loan will work best for your particular needs. Real Estate Lending Area Click here to locate the geographic area that our real estate lending area covers. 80/10/10 Mortgages A great way to finance your new real estate purchase and have cash on hand to make improvements, renovations, or add that personal touch. Learn more.. Adjustable Rate Mortgages With our Adjustable Rate Mortgages, you can reap the benefits of our low interest rates. Learn more... Apply Now Construction Mortgages Ready to build on your dream property? Here's the best way to make it happen. Learn more... Fixed Rate Mortgages Sometimes change is good. When interest rates go up, well, let's just say you'll wish you had a Fixed Rate Mortgage with RFCU. Learn more... Apply Now Flexible Mortgages When a low down payment is what you need, we offer two types of Flexible Mortgages. Learn more... Home Equity Line Of Credit (HELOC) Hey, it's your money, put it to good use with a HELOC. Learn more... Land Loans It's a buyers market and we provide you with options of how to acquire the perfect land to call your very own. Learn more... Refinancing Are rates lower today than when you first purchased? If so, you may consider refinancing. Learn more... Apply Now Zero Down Payment Mortgages Need your cash for something other than a down payment? With our Zero Down Payment Mortgage, it's possible! Learn more..

Las Vegas Real Estate

Las Vegas Real Estate Agents - Commerical Property & New Homes for Sale Las Vegas Nevada Guide to Real Estate Listings and Real Estate Agents Las Vegas, Nevada is one of the fastest growing cities in the world. As a result, the real estate and home market is nothing short of extraordinary. The great expanse of undeveloped land in the surrounding communities make for afforable housing as there is no shortage of space for new development. Las-Vegas.cc presents our recommended list of real estate agents, brokers and property management companies will take the guess work our of your search for a new house or commercial property. Flamingo Las Vegas Great Rates from $75/NT The Ultimate Vegas Getaway $89 per night! Luxury at The Mirage Winter Destination from $89! Fine Dining & Entertainment at Caesars Palace New York New York Web Specials from $89/night! » Realty Executives, Direct! 1903 S. Jones Blvd. Suite #100, Las Vegas, NV 89146 » Prudential Americana Group, REALTORS 871 Coronado #100, Henderson, NV 89052 » Elite Realty 2880 E. Flamingo Rd. Suite# A, Las Vegas, NV 89121 » Acres Real Estate 3960 Howard Hughes Pkwy 5th Floor, Summerlin, NV 89109 » Liberty Realty - Nevada's Largest Real Estate Brokerage 2451 So. Buffalo Drive, Suite 145, Las Vegas, NV 89117 » Coldwell Banker Premier Realty 10120 S. Eastern Ave. Suite 300, Henderson, NV 89052 Las Vegas Las Vegas Weather 28 F » Las Vegas Home » Casino Hotels » Hotels » Shows » Weddings » Vacation Packages » Golf » Guides » Travel » Car Rentals » Gambling » Tours » Attractions » Restaurants » Spas & Salons » Shopping » Real Estate » Conventions » Weather » Maps » Business Directory » Sitemap Home | Contact | Sitemap © 2004 Las-Vegas.cc, LLC. - All Rights Reserved. Terms of use and Privacy Policy © 2005 Las-Vegas.cc, LLC. Las Vegas Hotel Deals