LIEB BLOG

Legal Analysts

Showing posts with label #liebschool. Show all posts
Showing posts with label #liebschool. Show all posts

Wednesday, December 22, 2021

New RE Brokerage CE Requirement - Implicit Bias Training - Lieb School is Ready

Starting on June 19, 2022, real estate licensees in NYS will be required to complete "at least two hours of instruction pertaining to implicit bias awareness and understanding" as part of their 22.5 hours of continuing education to renew their license because of a new law, S538B


According to the law, "'implicit bias' shall mean the attitudes or stereotypes that affect an individual's understanding, actions and decisions in an unconscious manner."


Lieb School is ready and already offers an implicit bias course that counts towards the fair housing and discrimination requirements. To comply with the new law, we are re-submitting this course to count towards the required implicit bias training as well. 




New RE Brokerage CE Requirement - Cultural Competency Training - Lieb School is Ready

Starting on April 20, 2022, real estate licensees in NYS will be required to complete "at least two hours of cultural competency training" as part of their 22.5 hours of continuing education to renew their license because of a new law, S979A


Lieb School is on top of making sure that its students lead the industry, having already drafted curriculum to satisfy this requirement. Our course will educate licensees on the following subtopics:

  1. Right to Social Benefits of Integration
  2. Misunderstanding in Cultural Competency
  3. 4 Elements in Developing Cultural Competency
  4. Friction Between Cultural Sensitivity & Discrimination Law
  5. Cultural Norms, Preferences, & Challenges
  6. Cultural Competence Techniques

While this course is being finalized for licensing, we asked the Bill Sponsor, James Gaughran, for guidance on what he envisioned in the Curriculum by email on 12/15/2021. We await a response.





Thursday, March 25, 2021

New Law Requiring Two Witnesses for Power of Attorney Forms

Starting on June 13, 2021, filing out a power of attorney is going to be a little more annoying.
Previously, the form just had to be signed, initialed, and dated by a principal with capacity, but now you are going to need 2 disinterested witnesses as well.
The new law, Senate Bill S888, is curiously only applicable to financial and estate planning, but why?
Its stated purpose is to provide extra protection against fraud and abuse, but how does adding 2 witnesses accomplish that?
Couldn’t you find witnesses to abuse the form too if that was your goal?
Isn’t this just another piece of lip service legislation?
Penalties are the answer, not witnesses, just saying…

Thursday, March 11, 2021

Real Estate Brokerage - 3/11/2021 NYS Board of Real Estate meeting summary

On March 11, 2021, the NYS Board of Real Estate continued its mission of optimizing the regulation of real estate brokers in our state by holding its meeting. 


To remind real estate brokers and salespersons, the public is welcome at these meetings where the public can bring comments from the floor. Its encouraged that Lieb School students attend these meetings to have your voices heard.


"[T]he Board has general authority to promulgate rules and regulations affecting real estate brokers and salespersons in order to administer and effectuate the purposes of Article 12-A of the Real Property Law."


A complete video of the meeting is available on youtube.


In summary, the following was discussed:

  • 5 hearings that have been held by the DOS and 10 others that scheduled as a result of the Newsday Long Island Divided expose;
  • Brokerages compliance with the Executive Orders about essential workers and safety in light of COVID;
  • Communication with Complainants and Respondents about outcomes of Administrative cases; 
  • Current real estate licensee numbers for February 2020 and February 2021 were provided in a report;
  • 27 Schools have submitted course applications for the 2.5 hours of business ethics topic (Lieb School is one of these schools);
  • 23 Schools have submitted course applications for the 1 hour of recent legal matters topic (Lieb School is one of these schools);
  • 2020 Exam Results:
    • Salesperson = 17,643 applicants with a pass rate of 59%
    • Broker = 1,464 applicants with a pass rate of 65%
  • Executive Order Updates:
    • Extension of the Licenses continued through March 28, 2021
    • Electronic Notarization of Documents continued through March 28, 2021
The next meeting will be Thursday, July 22, 2021 at 1PM. 




Monday, January 04, 2021

Pass Rate for NYS Real Estate Salesperson Test Announced

Does it shock you to learn that from January through October 2020, of the 13,527 examinees, only 59% passed the Real Estate Salesperson exam?


Brokers did a little better - of the 1,098, 66% passed.


Isn't that low? 

How do we get brokers to pass at a higher rate?

Would it help if the state released past exams? That makes sense, doesn't it? How can you study otherwise?