Frequent question: What happens if your real estate license expires in NY?

Can I renew my NY real estate license after it expires?

A licensee (salesperson or broker) can renew their license anytime within two years of the expiration date. At this point the licensee must retake and pass the NY licensing examination and can then reapply for a license. …

What happens if you let your real estate license expire?

Perhaps you’ve taken a long break from real estate and your license has been expired for more than two years. If this is the case, your license is null and void and you will likely need to start from the beginning if you wish to become licensed again unless otherwise instructed by the Department of Real Estate.

How do I renew my real estate license in NY?

How Do I Renew My Real Estate License in New York?

  1. Step one: complete your continuing education. Whether your renewal is due before July 1, 2021 or after, you need 22.5 continuing education hours. …
  2. Step two: log into the eAccessNY portal. …
  3. Step three: complete the renewal application. …
  4. Step four: pay the fee.
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How long can a real estate license stay inactive?

Those with a license deemed involuntarily inactive for more than 12 months, but less than 24 months can reactive it by completing at least 28 continuing education credit hours. Any license deemed involuntarily inactive for more than 24 months is considered expired, and cannot be reactivated.

How much does it cost to renew real estate license in NY?

It costs $55 to renew your NY real estate salespersons license. You must make the payment through your eAccessNY account using a credit card.

How hard is the real estate exam in NY?

You need to score 70% or higher. Since there are 75 questions, it means that you need to answer 53 questions correctly to pass. Real estate exam results are reported as either passed or failed—you will not receive a numerical score.

How much does a real estate license cost in NY?

Real estate courses are available as well as classroom courses. The nonrefundable license application fee is $150 for a real estate broker, and the license will be effective for two years. The salesperson real estate license is $50.00. The expiration dates for both are staggered.

How many times can you take the real estate exam in NY?

You can take the NY state licensing exam as many times as needed until you pass. You simply have to schedule a new attempt through your eAccessNY account and pay the $15 examination fee.

How do I know when my real estate license expires?

The expiration date is printed on the hardcopy of the license provided to sales associates and brokers. If a copy of this license is not available, the license can be verified as follows: Visit the DBPR Website. Click on the “Verify a License” link at the top of the page.

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What does an inactive license mean?

Inactive license means a license that has expired because it was not renewed by the end of the grace period. … Inactive license means any license that is not a current, active license. Inactive license may include licenses formerly known as delinquent, lapsed, or retired.