Menu

43. Relocation of Office

50 DOS 95 Matter of Romano - relocation of principal business address without notice results in automatic suspension; illegal to demand and receive commissions while licensed salesperson; restitution of illegal commissions; failure to settle, so proper to impose higher fine

Consent Order 96-0004, Matter of Bernstein - Failure to notify DOS of change of principal business addressfailure to renew license after expiration; acting as real estate broker without licensefailure by licensee to disclose to seller licensee’s interest as a principal in corporate buyer client; $2,000.00 fine

991 DOS 06 Matter of Levine – fraudulent practice, no business sign, unlicensed trade name, no place of business (RPL 441-a[3]), failure to cooperate, $3,000 fine

1009 DOS 06 Matter of Younge – salesperson managed real estate and collected rents without broker knowledge (RPL §440[3]), request for or on behalf of broker, failure to account, restitution, 6-month suspension

1893 DOS 07 Matter of Jablonski- failure to notify of change of address; failure to post a sign; opportunity to settle; $600 fine prior to any application for renewal

1485 DOS 08 Matter of Doty – broker; jurisdiction over expired licensee; requirement to maintain business records for three years §175.23(2); failure to refund deposit; relocation of offices without notice to DOS; revocation; no consideration of reapplication; refund $500 deposit plus interest

Featured Content

Third quarter Legal Lines now available

The third quarter 2018 edition of NYSAR’s Legal Lines is now available online at NYSAR.com. This edition covers what a broker's agent actually is, the legal issues related to social media use, conditional approval for financing is not a mortgage commitment and more. Learn more

legal-NYSAR-180x150-2016
Legal