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S06874 Summary:

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S06874 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         6874--A
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                    November 25, 2019
                                       ___________
 
        Introduced by Sens. GAUGHRAN, CARLUCCI, THOMAS -- read twice and ordered
          printed, and when printed to be committed to the Committee on Rules --
          recommitted  to  the  Committee on Judiciary in accordance with Senate
          Rule  6,  sec.  8  --  committee  discharged,  bill  amended,  ordered
          reprinted as amended and recommitted to said committee

        AN  ACT  to  amend  the  real  property law, in relation to the power to
          revoke or suspend the license of a real estate broker or salesman
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph (a) of subdivision 1 of section 441-c of the real
     2  property  law,  as amended by chapter 81 of the laws of 1995, is amended
     3  to read as follows:
     4    (a) The department of state may revoke the license of  a  real  estate
     5  broker  or  salesman or suspend the same, for such period as the depart-
     6  ment may deem proper, or in lieu thereof may impose a fine not exceeding
     7  one thousand dollars payable to the department of state, or a  reprimand
     8  upon  conviction of the licensee of a violation of any provision of this
     9  article, or for a material misstatement  in  the  application  for  such
    10  license,  or  if  such  licensee  has been guilty of fraud or fraudulent
    11  practices, or for dishonest or misleading  advertising,  or  has  demon-
    12  strated untrustworthiness or incompetency to act as a real estate broker
    13  or  salesman, or for a violation of article fifteen of the executive law
    14  committed in his or her capacity as a real estate broker or salesman, as
    15  the case may be. In the case of a real  estate  broker  engaged  in  the
    16  business  of a tenant relocator, untrustworthiness or incompetency shall
    17  include engaging in any course of conduct including, but not limited to,
    18  the interruption or discontinuance of essential building  service,  that
    19  interferes  with or disturbs the peace, comfort, repose and quiet enjoy-
    20  ment of a tenant.
    21    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14291-02-0