Posts by Barry Caplan

branch office or offices are under the direct supervision of a broker-salesperson. The branch office license or licenses shall be issued upon the payment of a fee of $ 50 for each license so issued. Every place of business maintained by a real estate broker shall have conspicuously displayed on the exterior thereof the name [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-9/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 9</span></a></p>

45:15-12.7. Agent, custodian may not use interest on escrow funds A real estate broker acting in the capacity of an escrow agent or as the temporary custodian of the funds of others in any real estate transaction shall not receive, obtain or use any interest earned on the funds for the broker’s own personal or [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-10/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 10</span></a></p>

censes and licenses reinstated pursuant to R.S.45:15-9 may be issued, but the commission may, in its discretion, refuse to grant or reinstate any license upon sufficient cause being shown. The license fees for initial or reinstated licenses shall be determined based upon the biennial fees established herein, with a full biennial fee payable for the [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-11/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 11</span></a></p>

and applicants for licensure. The educational and information programs may include preparation, printing and distribution of publications and articles and the conduct of conferences, forums, lectures, and a public information service. L. 1955, c. 238, § 1, amended 1993, c. 51, § 19. 45:15-16.2a. Continuing education required for licensure a.The New Jersey Real Estate Commission [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-12/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 12</span></a></p>

of such courses and of the measures utilized to ensure the security and integrity of the course delivery process. The commission may approve continuing education courses which include periodic progress assessments and the achievement of a satisfactory level of performance by the licensee on such progress assessments as a condition to continuing to a succeeding [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-13/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 13</span></a></p>

(3)Written or printed or photographic matter produced by any duplicating process producing 10 copies or more; (4)Billboards or signs; (5)Display of model homes or units; (6)Material used in connection with the disposition or offer of subdivided lands by radio, television, telephone or any other electronic means; or (7)Material used by subdividers or their agents to [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-14/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 14</span></a></p>

purchaser is afforded a reasonable opportunity to examine the public offering statement prior to the disposition. L. 1989, c. 239, § 4. 45:15-16.30a. Registration as secondary registration subdivider a. A subdivider or developer who owns subdivided land upon which there is a completed residential unit, or for which there is a contract to construct and [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-15/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 15</span></a></p>

f.Prior to the execution of a contract for sale of subdivided lands described in subsection a. of this section, a secondary registration subdivider shall, unless included as part of the forms of conveyance provided pursuant to paragraph (4) of subsection b. of this section, provide to a purchaser a copy of the disclosure statement described [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-16/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 16</span></a></p>

45:15-16.33. Notice of filing; registration; rejection a.Upon the filing of an application for registration at the offices of the commission, naming the brokers licensed as real estate brokers pursuant to R.S. 45:15-1 et seq. who are the authorized representatives of the subdivider, and accompanied by the proper registration fee in the proper form, and a [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-17/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 17</span></a></p>

45:15-16.41. Powers of commission The commission may: a.Accept registrations filed in this State, in other states or with the federal government; b.Contract with similar agencies in this State or other jurisdictions to perform investigative functions; c.Accept grants in aid from any governmental or other source; d.Cooperate with similar agencies or commissions in this State or [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-45-page-20/">Read More...<span class="screen-reader-text"> from THE NEW JERSEY REAL ESTATE LICENSE ACT Page 20</span></a></p>