Additional Grounds for Suspension or Revocation of Licenses

The Commissioner may suspend or revoke the license of any real estate licensee, or may deny the issuance of a license to an applicant, who has done any of the following:

(a)Procured, or attempted to procure, a real estate license for himself or any salesman, by fraud, misrepresentation or deceit, or by making any material misstatement of fact in an application for a real estate license.

(b)Entered a plea of guilty of nolo contendere to, or been found guilty of, or been convicted of, a felony or a crime involving moral turpitude, and the time of appeal has elapsed or the judgment of conviction has been affirmed on appeal, irrespective of an order granting probation following such conviction, suspending the imposition of sentence, or setting aside the verdict of guilty, or dismissing the accusation or information.

(c)Knowingly, authorized, directed, connived at or aided in the publication, advertisement, distribution, or circulation of any material false statement or representation concerning his business or any land or subdivision offered for sale.

(d)Willfully disregarded or violated any of the provisions of the Real Estate Law or the rules and regulations of the Commissioner for the administration and enforcement of the Real Estate Law.

(e)Willfully used the term Realtor or any trade name or insignia of membership in any real estate organization of which the licensee is not a member.

(f)Acted or conducted himself in a manner which would have warranted the denial of his application for a real estate license.

(g)Demonstrated negligence or incompetence in performing any act for which he is required to hold a license.

(h)If, as a broker licensee, failed to exercise reasonable supervision over the activities of his salesmen.

(i)Failed to pay when due a monetary penalty or forfeiture assessed by the Commissioner.

(j)Has used his employment by a governmental agency in a capacity giving access to records, other than public records, in such manner as to violate the confidential nature of such records.

(k)Any other conduct, whether of the same or of a different character than specified in this section, which constitutes fraud or dishonest dealing. CH. 104 REAL ESTATE REGULATIONS