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Dec 9

Coalition Launches to Protect the Rights of New York’s Landlords and Tenants

UNDER ONE ROOF Coalition Launches to Protect the Rights of New York’s Landlords and Tenants The statewide coalition is urging state lawmakers to address the unintended consequences of the Housing Stability & Tenant Protection Act of 2019 that hurt tenants and landlords and stifle economic growth ALBANY – A diverse group of individual landlords and small business owners have joined forces to create UNDER ONE ROOF (www.underoneroofny.org), a new statewide coalition aimed at [...]

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Nov 1

NYSAR supported amendment to continuing education requirements signed into law

  On October 23, Gov. Andrew Cuomo signed into law a NYSAR supported amendment to Real Property Law §441(3)(a).    This amendment eliminates the exemption or “grandfathering” of brokers from having to complete continuing education.   This means that anyone who is grandfathered right now and has a renewal date before July 1, 2021 will have to start acquiring the 22.5 CE credits for your NEXT renewal.  See attached for complete details…  [...]

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Aug 14

NYSCAR Industry Update

Rule Advances Association Health Plans    What the Association Health Plan Rule Means for REALTORS®The U.S Department of Labor (DOL) has finalized its long-awaited Association Health Plan (AHP) rule to expand the definition of “employer” to include “working owners.” This change allows real estate professionals and other self-employed individuals to participate in association health plans.   Win for Internet Sales Tax Fairness    In a [...]

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Aug 14

NAR 2019 Q2 Report

Modest Uptick in Commercial Property Sales and Prices in 2019 Q2 Commercial real estate deals and prices of properties that are typically less than $2.5 million are still rising though at a modest pace, according to NAR’s 2019 Q2 Commercial Real Estate Market Trends & Outlook Report.   Click Here to Continue Reading

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May 1

NYS AMC Law Guidance

New York State legislation regulating Appraisal Management Companies (AMC’s) went into effect on Saturday, April 27.  The New York Department of State has issued a guidance document that provides clarification on implementation of new law including: What are AMC’s? What services do they provide? How AMC’s work and who they can hire?   The new law contains language that was being interpreted by lending institutions and AMC’s to restrict their ability to [...]

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