NY State — NY Real Property Law

§ 442-D — SECTION 442-D Actions for commissions; license prerequisite

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

What is NY RPL § 442-D?

Quick Answer

This section requires that any individual or entity seeking to recover compensation for real estate services must prove they were a licensed real estate broker or salesperson at the time the action arose. The statute is enforced in the context of real estate transactions. Applies to individuals and companies involved in real estate dealings.

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

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§ 442-D SECTION 442-D Actions for commissions; license prerequisite

RPL § 442-D

§ 442-d. Actions for commissions; license prerequisite. No person, copartnership, limited liability company or corporation shall bring or maintain an action in any court of this state for the recovery of compensation for services rendered, in any place in which this article is applicable, in the buying, selling, exchanging, leasing, renting or negotiating a loan upon any real estate without alleging and proving that such person was a duly licensed real estate broker or real estate salesperson on the date when the alleged cause of action arose.

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