What is required for a real estate licensee to renew their license in New York?

Study for the New York Real Estate Institute (NYREI) Exam. Get ahead with flashcards and multiple choice questions, each accompanied by hints and explanations. Equip yourself with the knowledge to pass your exam confidently!

In New York, a real estate licensee must complete 22.5 hours of continuing education to renew their license, with a specific requirement that 3 of those hours must be dedicated to fair housing training. This continuing education requirement ensures that real estate professionals stay informed about changes in laws and best practices within the industry, which is crucial for providing competent and compliant service to clients. The inclusion of fair housing training emphasizes the importance of understanding and complying with fair housing laws, which protect against discrimination in housing. This structure reflects the state's commitment to maintaining high standards in real estate practice and promoting equitable treatment in housing.

Other options do not align with New York's regulations. The completion of only 15 hours is insufficient and does not meet the established requirements. Re-application and passing a written exam are not necessary for license renewal; such steps are typically required for obtaining an initial license rather than renewal. Lastly, the notion that no requirements are needed for renewal is incorrect, as continuing education is mandated to ensure that licensees are knowledgeable and up to date in their field.

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