Posts by Barry Caplan

REAL ESTATE COMMISSION 11:5-6.9 a copy of the Consumer Information Statement to the brokerage agreement and the inclusion of a reference to the receipt of the Consumer Information Statement in the brokerage agreement shall constitute compliance with this section. (j) Licensees shall disclose to consumers what type of brokerage services they will provide in the [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-97/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 97</span></a></p>

11:5-6.10 INSURANCE As the holder of a New Jersey real estate license, I am required by law to inform you how I will operate in this transaction, should you pursue it, and to provide this statement to you. My employer is the owner of the property(s) in which you have expressed an interest. 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-11-page-98/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 98</span></a></p>

REAL ESTATE COMMISSION 11:5-7.2 New Rule, R.2012 d.006, effective January 3, 2012. See: 43 N.J.R. 1791(a), 44 N.J.R. 86(b). SUBCHAP IER 7. PROHIBITED ACTIVITIES 11:5-7.1 Prohibition against licensees receiving dual compensation for dual representation in the sale or rental transaction (a) Real estate licensees are prohibited from receiving compensation from both a seller 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-11-page-99/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 99</span></a></p>

11:5-7.3 INSURANCE Development will be considered to be in compliance with this subsection. (b) Any compensation paid by a real estate broker to a referral agent shall be limited to compensation for referring prospective consumers of real estate brokerage services to the broker. Real estate brokers are prohibited from offering incentives to the referral agents, [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-100/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 100</span></a></p>

REAL ESTATE COMMISSION 11:5-8.2 suggested or stabilized. Nothing in this section shall prohibit any intra-office communications with regard to the establishment of commissions or division of commissions. (b) No licensee shall directly or indirectly recommend or suggest to any other licensee(s) that such person(s) adhere to any schedule or recommendation of another concerning the rates, [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-101/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 101</span></a></p>

11:5-9.1 INSURANCE SUBCHAPTER 9. RULES INTERPRETING AND IMPLEMENTING THE REAL ESTATE SALES FULL DISCLOSURE ACT, N. J. S.A. 45:15-16.27 ET SEQ. 11:5-9.1 Applicability and scope (a) The rules in this subchapter are promulgated by the New Jersey Real Estate Commission (hereinafter, the Commission) to implement the provisions of the Real Estate Sales Full Disclosure Act [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-102/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 102</span></a></p>

11:5-9.4 INSURANCE 9. Copies of the deed or other instruments establishing title in the developer or other record owner and any escrow agreement required pursuant to (a)3 above, and a current title search, title report, title insurance policy, title opinion from an independent attorney, or certificate or binder issued by a licensed title insurance company. [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-106/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 106</span></a></p>

REAL ESTATE COMMISSION 11:5-9.4 the Real Estate Brokers and Salesmen Act, and that he is not aware of any information that would lead him to believe that the information in the registration application does not provide full and fair disclosure of the offering; 2. One copy of the proposed New Jersey Public Offering Statement; 3. [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-105/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 105</span></a></p>

11:5-9.4 INSURANCE v. Statement of Non-conviction and partner, officer, director or principal disclosure; vi. Consent(s) to service of process; and vii. Broker’s Affidavit and application for release. 6. A certified property report and statement of record of the Office of Interstate Land Sales Registration, Department of Housing and Urban Development, may be filed as a [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-104/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 104</span></a></p>

REAL ESTATE COMMISSION 11:5-9.3 contract for the purchase of such property by the purchaser from the registrant. “Disposition” means the sale, lease, assignment, award by lottery, or any other transaction concerning a subdivision if undertaken for gain or profit. “Notice” means a communication by mail from the Commission executed by its secretary or other duly [...]<p><a class="btn btn-secondary understrap-read-more-link" href="https://caplanschool.com/the-new-jersey-real-estate-license-act-2012-title-11-page-103/">Read More...<span class="screen-reader-text"> from REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 103</span></a></p>