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 Hotline, NYSAR Compendium, and many articles of interest.

Dispute Resolution Center

The Long Island Board of REALTORS® Professional Standards Department offers its members and their clients services regarding disagreements over the details of a real estate transaction. 

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Counselor Comments

NYSAR Legal Counsel Compendium

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Broker Reference Manual

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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Legal Hotline

LIBOR will be partnering with the New York State Association of REALTORS® (NYSAR) to utilize their Legal Hotline. 

Members of the Long Island Board of REALTORS® should now call 518-43-NYSAR (518-436-9727) with any legal questions. 

The Legal Hotline, a free member benefit, is available from 9 a.m. to 4 p.m., Monday through Friday, excluding holidays and during official NYSAR functions. 

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NAR's Data Security and Privacy Toolkit

This Data Security and Privacy Toolkit aims to educate real estate associations, brokers, agents, and multiple listing services about the need for data security and privacy and assist them in complying with legal responsibilities. 

Plan ahead and know the Data Security & Privacy laws that impact you and your real estate business.

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This Legal Section of 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