Ask Elliott #6: IC Contracts

Elliott will answer any questions that you may have about the laws, rules or code of ethics. He never will divulge specifics of your name or company. Some questions will be posted here. Email your questions to askelliott@caplanschool.com.

Ask Elliott: Is it a matter of law in NJ that all salespersons working for a RE broker be given an independent contractor agreement? What if anything happens to the broker if such an agreement is not provided? Are the salespersons permitted to be paid commissions without an agreement and commission schedule in place? – Bob

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