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NY State — NY Real Property Law

§ 442-A — SECTION 442-A Compensation of salespersons; restrictions

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Statute text reproduced from nysenate.gov. Not attorney-reviewed for your situation — for reference only.

What is NY RPL § 442-A?

Quick Answer

This section outlines restrictions on compensation for real estate salespersons, prohibiting them from receiving payment from anyone other than their associated licensed real estate broker for services related to real estate transactions. Applies to real estate salespersons operating in the relevant jurisdiction.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 442-A SECTION 442-A Compensation of salespersons; restrictions

RPL § 442-A

§ 442-a. Compensation of salespersons; restrictions. No real estate salesperson in any place in which this article is applicable shall receive or demand compensation of any kind from any person, other than a duly licensed real estate broker with whom they associated, for any service rendered or work done by such salesperson in the appraising, buying, selling, exchanging, leasing, renting or negotiating of a loan upon any real estate.

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