REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 56

Posted on May 28, 2013

11:5-2.2 INSURANCE writing with reasons for such action. The applicant may appeal such a decision to the full Commission. N.J.A.C. 11:5-11.10 shall be applicable to all such appeals. (c) Public adult education programs conducted under the aus- pices of a board of education in this State and any college or university accredited as such by [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 53

Posted on May 28, 2013

REAL ESTATE COMMISSION 5. Business opportunity sales (2 hours); 6. The laws of agency (12 hours); 7. Appraising (2 hours); 8. License Act and regulations (9 hours); 9. Other state, Federal and municipal laws and regulations, including N.J.S.A. 17:16C-1 et seq., 39:1-1 et seq., 46:8-43 et seq. and 46:8C-1 et seq. as they pertain to [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 59

Posted on May 28, 2013

REAL ESTATE COMMISSION 11:5-2.2 licensed schools and any solicitation of students, which, as de- fined in (x)2ii below, means any recruiting efforts or brokerage activity directed at students. These provisions will be construed in a manner consistent with that regulatory objective. A violation of any of these provisions will be considered by the Commission as [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 60

Posted on May 28, 2013

11:5-2.2 INSURANCE 6. No licensed school may offer a reduced tuition rate to stu- dents where eligibility for the lower tuition is contingent upon a student making a commitment to becoming licensed through a particular broker subsequent to their qualifying for licensure and no licensed school may otherwise make or imply any promise or guarantee [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 62

Posted on May 28, 2013

11:5-2.6 INSURANCE Description Amount Criminal history check and State-contracted vendor fee (paid electronic fingerprint scan directly to vendor) Application fee, school license $ 100.00 Application fee, instructor $ 50.00 license Application fee, waiver of $ 25.00 salesperson or referral agent education Initial license fee, non-public $ 400.00 for licenses issued in the school first year [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 64

Posted on May 28, 2013

11:5-3.5 INSURANCE the Americans With Disabilities Act or any other applicable law. Such requests shall initially be made to the firm administering the licensing examinations. The Commission shall retain final authority to determine whether such requests shall be granted. As amended, R.1972 d 168, effective August 26, 1972. See: 4 N.J.R. 160(d), 4 N.J.R 190(a). [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 67

Posted on May 28, 2013

REAL ESTATE COMMISSION 11:5-3.10 of such records and acknowledge responsibility to advise the Commission of any change in the name of the custodian or place of depository for a period of six years. (d) When anew broker ofrecord of a corporation or partnership is being substituted for the existing broker of record, the existing broker [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 61

Posted on May 28, 2013

REAL ESTATE COMMISSION 11:5-2.5 “or referral agents”; in (x)9, deleted a comma following “person to”, and inserted “or continuing education”; and added (y). Amended by R.2012 d.006, effective January 3, 2012. See: 43 N.J.R. 1791(a), 44 N.J.R. 86(b). In (x)1, (x)2i, (x)3 and (x)5, inserted “or referral agent”; in the “TO” line of the NOTICE [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 65

Posted on May 28, 2013

REAL ESTATE COMMISSION 11:5-3,8 Amended by R.2004 d.130, effective April 5, 2004. See: 35 N.J.R. 4812(a), 36 N.J.R. 1780(a). In (c), inserted “pass the State salesperson examination and” following “An applicant must” in the first sentence. Amended by R.2012 d.006, effective January 3, 2012. See: 43 N.J.R. 1791(a), 44 N.J.R. 86(b). Section was “Salesperson’s licenses; [...]

REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 66

Posted on May 28, 2013

11:5-3.9 INSURANCE real estate broker and shall not independently maintain an office or escrow account. A broker-salesperson may be authorized to serve as an office supervisor or a branch office in accordance with the provisions of N.J.S.A. 45:15-12. (d) Every applicant for licensure as a broker or broker- salesperson shall present with his or her [...]