LIEB BLOG

Legal Analysts

Monday, April 17, 2017

Foreclosure Considerations When Representing Private Lenders

Foreclosure , The Suffolk Lawyer
Foreclosure Considerations When Representing Private Lenders
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NY Department of State Update for License Renewal (Applications and Fees)

department of state , License Renewal
NY Department of State Update for License Renewal (Applications and Fees)
This is a direct note from the New York, Department of State.

This notification is to inform you of an increase in Real Estate original and renewal application fees, effective immediately.

The new application fees are as follows: Real Estate Broker Application $155, Real Estate Branch Office Application $155, Real Estate Salesperson Application $55.   

Please stop using the old applications immediately.  The new applications are available on the Department of State website, here are the links:

http://www.dos.ny.gov/forms/licensing/0036-f-a.pdf  (Broker Application)

http://www.dos.ny.gov/forms/licensing/0039-f-a.pdf (Branch Office Application)

http://www.dos.ny.gov/forms/licensing/0022-f-a.pdf  (Sales Application English)

http://www.dos.ny.gov/forms/licensing/0022-a-ES.pdf (Sales Application Spanish)

http://www.dos.ny.gov/forms/licensing/0022-a-HT.pdf  (Sales Application Haitian Creole)

http://www.dos.ny.gov/forms/licensing/0022-a-IT.pdf (Sales Application Italian)

http://www.dos.ny.gov/forms/licensing/0022-a-KO.pdf (Sales Application Korean)

http://www.dos.ny.gov/forms/licensing/0022-a-RU.pdf (Sales Application Russian)

http://www.dos.ny.gov/forms/licensing/0022-a-SC.pdf (Sales Application Chinese)

Also, as a result of an ongoing Real Estate Licensee Qualifying Audit, we are finding that many licensees are noncompliant. The majority of noncompliant licensees state they did not know, and were not told, that prior to applying for a license education, requirements include completion of the 75 hour course, passing the final school exam and receiving a certificate of completion.
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It's Fair Housing Month

It's Fair Housing Month
Lieb School reminds our real estate brokerage students to treat everyone equally in the terms, conditions and privileges of housing during the 2017 Fair Housing Month (and the rest of the year). Remember, you should only discuss the quality of the property, the terms of the offer and the weather when acting in real estate brokerage. Each prospect should be viewed as dancing dollar bills, not by their demographic profile, during real estate negotiations.

Lets make the world a more inclusive place one transaction at a time.
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