2017 New York Laws
RPP - Real Property
Article 12-C - Apartment Information Vendors
446-B - License Required.

  446-b. License required. 1. It is unlawful for any person to act or
  engage in the business as an apartment information vendor in this  state
  without  first having obtained a license from the secretary of state. No
  person shall be granted a license until he has established  that  he  is
  trustworthy and bears a reputation for good and fair dealing.
2.  The  application  for such license shall be filed in the office of
  the secretary of state on such forms as the secretary may prescribe.
3. When the apartment information vendor maintains more than one place
  of business, he shall apply for a supplemental license for  each  branch
  office  so  maintained.  Supplemental  licenses  shall  be conspicuously
  displayed in each branch office. The display of an  expired  license  by
  any  person,  firm,  partnership  or  corporation  is a violation of the
  provisions of this article.
4. From and after the date when this subdivision  shall  take  effect,
  the  term  for  which  a  license shall be issued or reissued under this
  article shall be a period  of  one  year  beginning  the  first  day  of
  November in any year and ending the thirty-first day of October one year
  later. A license which takes effect on a day other than the first day of
  November   in  any  year  shall  extend  for  a  term  expiring  on  the
  thirty-first day of October following the  date  on  which  the  license
  takes effect.
5.  Any license granted under the provisions hereof may be renewed for
  one year by the secretary upon application therefor by  the  holder,  in
  such  form  as  the  secretary may prescribe. The secretary may dispense
  with the requirement for the filing of such statements as was  contained
  in the original application for license.
6. Every applicant for a license under the provisions of this section,
  shall establish and maintain a special interest bearing trust account in
  the minimum amount of five thousand dollars in a branch of a national or
  state  chartered  banking  institution having a place of business within
  the state, plus twenty-five hundred dollars for each additional licensed
  office, except that any applicant whose business is limited  exclusively
  to  acting  as an apartment sharing agent shall be required to establish
  and maintain an account of only twenty-five hundred dollars plus  twelve
  hundred  fifty  dollars  for each additional licensed office. No license
  shall be issued unless a copy of a certificate of  deposit  showing  the
  minimum  balance in said special interest bearing trust account has been
  filed with the secretary simultaneously with the filing of  the  license
  application.  Moneys  may  be withdrawn, from such account only upon the
  certification of the secretary.
7. No license shall be granted to a person under the age  of  eighteen
  or  a corporation, limited liability company, partnership or association
  whose principal shareholder, member or partner is under such age.