Membership Application

Payment can be made by check or credit card
and must be enclosed with Application

Date: _______________________
The undersigned hereby applies for admission as a BROKER DIVISION____ Appraiser A __________ Non-Resident Appraiser________

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 __________________________________________________________________

Principal Business of Applicant ___________________________________________________________

Name of firm __________________________________________________________________________

Business Address of Main Office __________________________________________________________

Zip Code ________________ Bus. Tel._______________ Fax: _______________ Email: _______________

Residence Address ____________________________________________________________________

MAI#____________________

*Proposed by ___________________________________
(To be signed by actual Proposer)

*Seconded by ___________________________________
(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 an MAI? ___________________________________________________________

5. Applicant does not hold Broker's license because? ____________________________________________

6. What, if any, other collateral business or profession do you follow?________________________________

__________________________________________________________________________________________

7. Do you specialize in any particular phase or phases of Appraisal? _________ If so, name them _________

__________________________________________________________________________________________

8. In what territory or territories are you most active? _____________________________________________

__________________________________________________________________________________________

9. Give names, addresses and zip codes of several real estate appraisers, brokers and property owners, aside
from your proposer and seconder, with whom you have had business relations __________________________

________________________________________________________________________________________________

10. How long have you been identified with real estate? _________________________________________________

________________________________________________________________________________________________

11. What other branches of the business, if any, have you engaged in? (operator, builder, owner, real
estate lawyer, etc.) ___________________________________________________________________________

________________________________________________________________________________________________

12. What business or profession, if any, did you follow prior to taking up real estate? _________________________

________________________________________________________________________________________________

13. If you were a member of any associations or organizations in your previous field of activity, name them: ______________________________________________________________________________________________

________________________________________________________________________________________________

14. Have you held membership previously in this board Yes___ No ___ _____________________________________

15. If you are a member of any other Real Estate Board, give name of Board _______________________________

16. Do you own any Real Estate? If so, where is it located? _____________________________________________

________________________________________________________________________________________________

(Extracts from Constitution on next Page)

REAL ESTATE BOARD OF NEW YORK MEMBERSHIP QUESTIONNAIRE

PLEASE PRINT

Date Member Name:

E-Mail Address:

Firm Name:

I am primarily a: (Check only one)
Accountant	Broker – Commercial	Owner – Residential
Attorney	Broker – Residential	Owner – Commercial
Appraiser	Property Manager – Residential	Salesperson – Residential
Architect/Planner	Property Manager – Commercial	Salesperson – Commercial
Other (Please specify)

Geographic Business Area:
	PRIMARY (Check one only)	SECONDARY(Check as many as applicable)
Manhattan
Brooklyn
Bronx
Staten Island
Queens
Other (please specify)

PAYMENT OPTIONS

Make checks payable to the Real Estate Board of New York, Inc.

Enclosed is a check with the following amount $

If you wish to pay by credit card please complete below and return to REBNY

MasterCard Visa American Express Discover

Your Credit Card Account Number

Expiration Date( Month/Year)

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

EXTRACTS FROM THE CONSTITUTION OF THE REAL ESTATE BOARD OF NEW YORK, INC

Section 2: Brokerage Division: Membership in the Brokerage Division shall be divided into classes as follows:

(i) Appraiser A. Any person whose principal business is appraisal of real estate, either in their own name or as a member of a partnership or an officer of a corporation; and who shall be a member of the American Institute of Real Estate Appraisers, or has been admitted into similar nationally recognized organization of appraisers with equivalent qualifications; and whose main office is in the Borough of Manhattan, City of New York, shall be eligible for Appraiser A Membership.

It shall be the duty of every Appraiser A Member to impose as a condition of employment of any appraiser employed by an Appraiser A Member, a partnership or corporation in the main office or any branch office located in Manhattan, that such appraiser shall apply for admission as a Appraiser C Member or Candidate Appraiser Member of the Board, and that if admitted, the Appraiser A Member shall be responsible for payment of the dues required for the Appraiser C and Candidate Appraiser memberships.

(j) Appraiser C. A Real Estate Appraiser affiliated with an Appraiser A Member but not classified as such Appraiser A Member or as a member of a partnership or an officer of a corporation shall be eligible for Appraiser C membership.

(k) Non-Resident Appraiser. Any individual, partnership or corporation who otherwise qualifies for membership in the Appraiser A class, primarily engaged in the performance of real estate appraisals outside the Borough of Manhattan.

A Non-Resident Appraiser Member may voluntarily cause his candidates to apply for Candidate Appraiser Membership, provided such employer and such applicants for Candidate Appraiser Membership shall comply with provisions of the Constitution with respect to Candidate Appraiser Members.

(I) Candidate Appraiser. Every candidate appraiser in good standing, employed in the Office of an Appraiser A Member engaged specifically for appraisal work, and whose application is endorsed by his employer, shall apply for election as a Candidate Appraiser. Every candidate appraiser in good standing, employed in the Office of a Non-Resident Appraiser Member engaged specifically for appraisal work, may apply for election as a Candidate Appraiser provided his application is endorsed by his employer. If elected, the employer shall be responsible for the payment of dues of such Candidate Appraiser. If, during the course of the year for which said dues have been paid, the employment shall end, such employing firm, subject to the provisions here of shall be entitled to have a new Candidate Appraiser elected to membership without payment of additional dues for the balance of such year.

Upon cessation of employment, the employing firm shall forthwith notify the Secretary of the Board, whereupon the membership of the Candidate Appraiser shall terminate, but may be renewed with the written consent of the former employer or by the direction of the Board of Governors upon the Candidate Appraiser's employment by another Appraiser A or Non-Resident Appraiser Member of the Board.

The Board of Governors or the Executive Committee may, from time to time, established such other rules with respect to Candidate Appraiser member not inconsistent with foregoing provisions, as they may deem to be in the best interests of the Board, and such rules may be incorporated in the application blank signed by the applicant for membership in this class.

ARTICLE IV FEES AND DUES
Section 1 (a). The initiation fee for members of the

Brokerage Division shall be as follows:
Broker A Member $150
Borough Broker Member 25
Non-Resident Broker 25
Appraiser A Member $150
Non-Resident Appraiser 25

There shall be no initiation fee for other classes of membership in the Brokerage Division.

ANNUAL DUES
Brokerage Division

The Annual Dues for members of the Brokerage Division shall be as follows:
Appraiser A Member $900
Appraiser C Member $455
Non-Resident Appraiser $335
Candidate Appraiser $330

New applicants will receive provisional membership pending action by the Admissions Committee. 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 memebrship. A provisional member shall have the full rights and obligations, during the 60-day period, of full membership.