"Real Estate Agent and Broker Organizations Information"
CHECK MUST BE ENCLOSED WITH APPLICATION Application for Membership in The Real Estate Board of New York 570 Lexington Avenue, New York, N.Y. 10022 Fax to: 212 779-8774 Approved by Admissions Committee Chairman Date: Please Note: All residential Broker A applicants must sign the RLS Universal Co-Brokerage Agreement/Rules and Regulations, which requires the applicant's firm to: 1. Adhere to rules regarding the sharing of Exclusive Listings; 2. Join the REBNY Listing Service (RLS); 3. Have all licensed brokers and salespersons associated with the firm to join REBNY. Broker A residential applicants must comply with the above in order for their membership applica- tion to be accepted by REBNY. The undersigned hereby applies for admission as a _______________________________________ Member in (Indicate Division and Classification) The Real Estate Board of New York, Inc. and subscribes to the Constitution of said Board and the Rules and Regulations governing the same, accepting and agreeing to be bound by them as they now exist or as they may be hereafter amended. The applicant agrees to pay the membership fee for the class to which he is an applicant and designated in the schedule contained. Signature of Applicant_________________________________ Print Name______________________________ Principal Business of Applicant__________________________________________________________________ Name of firm________________________________________________________________________________ Business Address of Main Office ________________________________________________________________ Zip Code _________ Bus. Tel. _________________ Fax:________________ Email:_______________________ Residence Address:__________________________________________________________________________ Website Address: ____________________________________________________________________________ New York Broker’s License Number (If not Licensed explain in #8 on next page) _______________________________________________________ If you are licensed to do business in any other State, give name of each State and Number of License __________________________________________________________________________________________ *Proposed by _______________________________ Print Name____________________________ (To be signed by actual Proposer) *Seconded by _______________________________ Print Name____________________________ (To be signed by actual Seconder) * The two above sponsors must be Broker A, Management A, Appraiser A, Owner A or B Members (Information on the next two pages must be completed) QUESTIONNAIRE TO BE FILLED OUT BY APPLICANT (All information should be as complete as possible) 1. State the name of your firm or corporation ______________________________________________ ___________________________________________________________________________________ (a) If a partnership, state name of all partners, giving name of senior partner first ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ (b) If a company or corporation, describe your connection therewith Also give names of all officers and directors _____________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ 2. Have you ever been convicted of a felony or pleaded guilty to such an offense? Yes No If yes, please explain __________________________________________________________________ ____________________________________________________________________________________ 3. Have you ever been convicted of a misdemeanor with respect to fiduciary responsibilities? Yes No If yes, please explain___________________________________________________________________ 4. How long have you been licensed as a Real Estate Broker in the State of New York?______________ 5. Is your principal business Real Estate Broker, Mortgage Loan Broker, Agent, Appraiser or Auctioneer? ____________________________________________________________________________________ 6. If you are a Broker is your time mainly devoted to: (a) Brokerage _____________________________ (b) Property Management ____________________________________________________________ (Check one) 7. If you are not a Broker is your principal business Property Management? ______________________ 8. Applicant does not hold Broker’s license because: ________________________________________ 9. What, if any, other collateral business or profession do you follow? ___________________________ ___________________________________________________________________________________ 10. Do you specialize in any particular phase or phases of brokerage? ______ If so, name them______ ___________________________________________________________________________________ ___________________________________________________________________________________ Residential Commercial (Check one) 11. In what territory or territories are you most active? _______________________________________ ___________________________________________________________________________________ 12. Give names, addresses and zip codes of several real estate brokers and property owners, aside from your proposer and seconder, with whom you have had business relations ______________________________________________________________________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ 13. How long have you been identified with real estate? ____________________________________________ 14. What other branches of the business, if any, have you engaged in? (operator, builder, owner, real estate lawyer, etc.) ______________________________________________________________________ ______________________________________________________________________________________ 15. What business or profession, if any, did you follow prior to taking up real estate? _____________________ _______________________________________________________________________________________ 16. If you were a member of any associations or organizations in your previous field of activity, name them: _______________________________________________________________________________________ 17. Have you held membership previously in this board? yes no ____________________________ 18. If you are a member of any other Real Estate Board, give name of Board ____________________________ 19. If you were, but are not now, a member of any other Real Estate Board, give reasons for your being no longer a member ______________________________________________________________________ ______________________________________________________________________________________ 20. Do you own any Real Estate? If so, where is it located? _________________________________________ _______________________________________________________________________________________ Amendment to REBNY Constitution New applicants will receive provisional membership pending action by the Admissions Com- mittee. The Admissions Committee must review a new member's application no later than 60 days from receipt of the application. In the event that the Admissions Committee does not reject the applicant, then the provisional membership shall become full membership. A provisional member shall have the full rights and obligations, during the 60-day period, of full membership. (Extracts from Constitution on next Page) EXTRACTS FROM THE CONSTITUTION OF THE REAL ESTATE BOARD OF NEW YORK, INC. Broker B__________ Non-Resident Broker________________ Broker A__________ Borough Broker Commercial__________ BROKER DIVISION BROKERAGE DIVISION New York, other than the Borough of Manhattan, except for applicants ARTICLE II of the Residential Brokerage Division, shall be eligible for Borough Broker Section 2. Brokerage Division: Membership in the Brokerage shall be Membership. A Borough Broker Member may voluntarily cause his divided into classes as follows: salespersons to apply for Salesperson Membership provided such employ- (a) Broker A: Any individual who holds a license as a real estate ing broker shall comply with provisions of the Constitution in respect to broker pursuant to New York Real Property Law Article 12-A whose Salesperson Members. principal business is Real Estate Broker, Mortgage Loan Broker, Agent or Auctioneer, either in his own name or as a member of a partnership A Borough Broker Member may voluntarily cause his salesper- or an officer of a corporation and whose main office is in the Borough of sons to apply for Salesperson Membership provided such employing Manhattan, City of New York and applicants of the Residential Brokerage broker and such applicants for Salesperson Membership shall comply with Division, whose main offices are in the Borough of Manhattan or other provisions of the Constitution in respect to Salesperson Members. jurisdictions authorized by the Residential Board of Directors, shall be eligible only for Broker A Membership or for Broker B Membership. It (e) Non-Resident Broker: Any person who acts as a Real Estate shall be the duty of every Broker A Member to impose as a condition of Broker, Mortgage Loan Broker, Agent or Auctioneer, either in his own employment of any broker, associate broker, salesperson or manager name or as member of a partnership or an officer of a corporation, and employed by him, his copartnership or corporation in his main office or whose main office is outside the City of New York and whose business is any branch office in Manhattan, or other jurisdictions authorized by the conducted wholly or mainly outside the City of New York, shall be eligible Residential Brokerage Division for applicants of the Residential Broker- for Non-Resident, Broker Membership. age Division, that such employee, if qualified, shall apply for admission as a Broker B, Broker C, Salesperson, Management B, Management C or A Non-Resident Broker Member may voluntarily cause his Management D, whichever such membership class is appropriate, and that salespersons to apply for Salespersons Membership, provided such if admitted such employee shall pay the dues required for such class of employing broker and such applicants for Salespersons Membership shall Member and the said Broker A Member shall be responsible for the comply with the provisions of the Constitution in respect to Salesperson payment of the dues of such employee. Members. (b) Broker B: Any member of a partnership or Senior Officer of a corporation in which there are one or more Broker A Members of Section 4. Management Division: Membership in the Management the Board may, if a individual qualified under New York Real Property Law Division shall be divided into classes as follows: Article 12-A holds a Real Estate Brokerage license and is a Real Estate (a) Management A: Individuals in business in their own names Broker, Mortgage Loan Broker, Agent Auctioneer, be eligible for Broker CLASS_________________________________ NAME_________________________________ or as members of copartnerships or Senior Officers or principal designated B Membership without initiation fee; and if elected shall, subject to the representatives of corporation, directing the management of buildings in provisions of this Constitution, remain in such class so long as he shall the City of New York. continue to be a member of such partnership or Senior Officer in such corporation. In the event that such Broker B Member shall sever his (b) Management B: Any member of a copartnership or Senior relationship with such partnership or such corporation and become a Officer or designated representative of a corporation engaged in the member of another partnership or a Senior Officer of another corporation management of a building in the City of New York of which copartnership For Office Use to which he desires to be transferred, his membership shall be transferred or corporation at least one member or Senior Officer or designated without the payment of an initiation fee, provided there shall be one more representative is a member of The Real Estate Board of New York, Inc., Broker A Members in the partnership or corporation to which he desires as a Broker A or Management A Member, shall be eligible for Management to be transferred. If there be no such Broker A Member in the latter B Membership without initiation fee; and if elected shall, subject to the partnership or corporation, or if the Broker B Member shall established provisions of this Constitution, remain in such class so long as he shall business in his own name, his membership as Broker B Member shall continue to be a member of such copartnership or Senior Officer or terminate forthwith, but he may apply to be transferred to Broker A Membership, in which case he shall pay the initiation fee of the class to designated representative of such corporation in the event that such which he is transferred. Management B Member shall sever his relationship with such copartner- (c) Broker C: A Real Estate Broker affiliated with a Broker A ship or such corporation and become a member of another copartnership or Management A Member but not classified by such Broker A or or a Senior Officer or designated representative of another corporation Management A Member as a Senior Partner of Senior Officer of the of which he shall request his membership to be transferred, his membership corporation shall be eligible for Broker C Membership. There shall also may be transferred without the payment of initiation fee, provided there be eligible to this class of membership salespersons who have been licensed shall be one or more Broker A or Management A Members of the as such for a period of not less than three years. copartnership or corporation to which he desires to be transferred. If there (d) Borough Broker: Any individual who holds a license as a be no such Broker A or Management A Member in the latter copartnership real estate broker pursuant to New York Real Property Law Article 12- MANAGEMENT DIVISION or corporation, or if the Management B Member shall establish business Management B_______________________ A who acts as a Real Estate Broker, Agent, or Auctioneer, either in his in his own name his membership as a Management B Member shall Management A______________________ own name or as a member of a partnership or an Officer of a corporation terminate forthwith, but he may apply to be transferred to Broker A or and whose main office and main business is in any borough of the City of Management A Membership, in which case he shall pay the initiation fee of such class of membership. ARTICLE IV FEES AND DUES ANNUAL DUES Section 1. (a) Brokerage Division: The initiation fee of a Broker A Member shall be $150.00. Section 2. Broker A and B: The annual dues for a Broker A and Broker B Member The initiation fee for a Borough Broker Member and for a Non-Resident shall be $940.00 a year payable in advance on January 1st. Broker Member shall be $25.00. Borough Broker Commercial: The annual dues for Borough Broker shall Management Division: The initiation fee of a Management A Member be $320.00 payable in advance on January 1st. shall be $150.00. Non-Resident Broker: The annual dues for Non-Resident Broker shall (b) No initiation fee shall be required in the case of a transfer of membership be $320.00 payable in advance on January 1st. from one class to another where an initiation fee has been paid in the former class except that in the case of a transfer of membership from one class to Management Division another, which requires a greater initiation fee than that paid for the original Management A and B: The annual dues for a Management A and class of membership, the member making the transfer shall pay the difference Management B Member shall be $940.00 a year payable in advance on in the initiation fee. January 1st. Your Credit Card Account Number: Expiration Date: Cardholder Signature: Amount: $ Date: Print or type Member's Name: Company Name: Telephone Number: After completing the application, print out, and mail or fax to: The Real Estate Board of New York 570 Lexington Avenue New York, NY 10022 Fax: 212-779-8774 Attention: Membership Department