Legal

The Legal section is designed to help you stay up-to-date on the latest issues and policies that affect your business. Here you will find information and direct access to the Legal Helpline, NYSAR Compendium, and many articles of interest.

Counselor Comments

NYSAR Legal Counsel Compendium

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Broker Reference Manual


Legal Helpline

The LIBOR Legal Helpline is available to LIBOR members.

LIBOR Legal Helpline

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Dispute Resolution Services

The Long Island Board of REALTORS® Professional Standards Department offers its members and their clients two distinct services regarding disagreements over the details of a real estate transaction.  These services are filing an ethics complaint against a REALTOR® and requesting arbitration with a REALTOR®.

Ethics Complaint Form (PDF)
Arbitration Request Form (PDF)
Watch the Arbitration Video »

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DOS Opinions / Decisions

The New York State Department of State (DOS) is charged with regulating the licensing and conduct of real estate brokers and agents. The DOS renders opinions and decisions with respect to the operation of a realtor’s office and the manner of representing both buyers and sellers.

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This Legal Section of LIRealtor.com is available only to members and only for informational purposes. It is not intended to constitute legal advice. It is designed to provide general information about real estate topics of legal interest to members and not individualized or fact specific responses. The Legal Section is not intended and does not create an attorney-client relationship, nor should any such relationship be implied. The Legal Section is not a substitute for competent representation by counsel engaged by a member regarding issues, transactions or litigation of concern. Members are encouraged to seek and engage their own legal counsel regarding any such matters. Even seemingly routine matters may involve unique circumstances and/or require detailed analysis.


LIBOR Professional Standards Departments
300 Sunrise Highway
West Babylon, New York 11704
(631) 661-4800 x388
ps@lirealtor.com