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12. Full Time Employees

Opinion Letter 92-36 (Andrew Donovan) mortgage banker owns properties through foreclosures and utilizes employees to sell - no license required for full time employees of the seller

Opinion Letter June 8, 1995 (Charles Skop) - Employees of corporation providing assistance to owners of cooperative apartments can assist in marketing and selling the cooperative apartments without being licensed under RPL Article 12-A where no fee is being paid therefore

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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

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