New York A 7682: Provides for the licensing of apartment information vendors; defines such vendors as people who, for a fee, provide information on available apartments; repealer

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A07682 Summary:

BILL NOA07682 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORCook (MS)

&nbsp

COSPNSRTaylor, Reyes

&nbsp

MLTSPNSRDavila

&nbsp

Rpld Art 12-C, amd §440, RP L

&nbsp

Provides for the licensing of apartment information vendors; defines such vendors as persons who, for a fee, furnish information concerning the location and availability of rental real property.

Go to top A07682 Actions:

BILL NOA07682 

&nbsp

04/04/2025referred to judiciary

01/07/2026referred to judiciary

Go to topA07682 Committee&nbspVotes:

Go to topA07682 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA07682 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7682

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 4, 2025
 ___________

 Introduced by M. of A. COOK, TAYLOR, REYES -- Multi-Sponsored by -- M.
 of A. DAVILA -- read once and referred to the Committee on Judiciary

 AN ACT to amend the real property law, in relation to apartment informa-
 tion vendors; and to repeal article 12-C of such law relating thereto

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Article 12-C of the real property law is REPEALED.
 2 § 2. Subdivision 1 of section 440 of the real property law, as amended
 3 by chapter 324 of the laws of 1998, is amended to read as follows:
 4 1. Whenever used in this article "real estate broker" means any
 5 person, firm, limited liability company or corporation, who, for another
 6 and for a fee, commission or other valuable consideration, lists for
 7 sale, sells, at auction or otherwise, exchanges, buys or rents, or
 8 offers or attempts to negotiate a sale, at auction or otherwise,
 9 exchange, purchase or rental of an estate or interest in real estate, or
 10 collects or offers or attempts to collect rent for the use of real
 11 estate, or negotiates or offers or attempts to negotiate, a loan secured
 12 or to be secured by a mortgage, other than a residential mortgage loan,
 13 as defined in section five hundred ninety of the banking law, or other
 14 incumbrance upon or transfer of real estate, or is engaged in the busi-
 15 ness of a tenant relocator or apartment information vendor, or who,
 16 notwithstanding any other provision of law, performs any of the above
 17 stated functions with respect to the resale of condominium property
 18 originally sold pursuant to the provisions of the general business law
 19 governing real estate syndication offerings. In the sale of lots pursu-
 20 ant to the provisions of article nine-A of this chapter, the term "real
 21 estate broker" shall also include any person, partnership, association
 22 or corporation employed by or on behalf of the owner or owners of lots
 23 or other parcels of real estate, at a stated salary, or upon a commis-
 24 sion, or upon a salary and commission, or otherwise, to sell such real
 25 estate, or any parts thereof, in lots or other parcels, and who shall

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09344-01-5

 A. 7682 2

 1 sell or exchange, or offer or attempt or agree to negotiate the sale or
 2 exchange, of any such lot or parcel of real estate. For purposes of this
 3 subdivision the term, "interest in real estate" shall include the sale
 4 of a business wherein the value of the real estate transferred as part
 5 of the business is not merely incidental to the transaction, and shall
 6 not include the assignment of a lease, and further, the transaction
 7 itself is not otherwise subject to regulation under state or federal
 8 laws governing the sale of securities. In connection with the sale of a
 9 business the term "real estate broker" shall not include a person, firm
 10 or corporation registered pursuant to the provisions of article twenty-
 11 three-A of the general business law or federal securities laws.
 12 § 3. Section 440 of the real property law is amended by adding a new
 13 subdivision 7 to read as follows:
 14 7. "Apartment information vendor" means any person who engages in the
 15 business of claiming, demanding, charging, receiving, collecting, or
 16 contracting for the collection of, a fee from a customer for furnishing
 17 information