N.Y. Real Prop. Acts. Law § 442-b
Discontinuance or change of salesperson's association; report
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2023
As of January 1, 2015
§ 442-b. Discontinuance or change of salesman's association; report.\nWhen the association of any real estate salesman shall have been\nterminated for any reason whatsoever, his broker shall forthwith notify\nthe department of state thereof in such manner as the department shall\nprescribe. Where change of such salesman's association is the basis for\nsuch termination, the salesman's successor broker shall forthwith notify\nthe department of such change in such manner as the department shall\nprescribe, such notice to be accompanied by a fee of one dollar. No real\nestate salesman shall perform any act within any of the prohibitions of\nthis article from and after the termination for any cause of his\nassociation until he thereafter shall have become associated with a\nlicensed real estate broker.\n
§ 442-b. Discontinuance or change of salesperson's association;\nreport. When the association of any real estate salesperson shall have\nbeen terminated for any reason whatsoever, their broker shall forthwith\nnotify the department of state thereof in such manner as the department\nshall prescribe. Where change of such salesperson's association is the\nbasis for such termination, the salesperson's successor broker shall\nforthwith notify the department of such change in such manner as the\ndepartment shall prescribe, such notice to be accompanied by a fee of\none dollar. No real estate salesperson shall perform any act within any\nof the prohibitions of this article from and after the termination for\nany cause of their association until they thereafter shall have become\nassociated with a licensed real estate broker.\n
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.