11:5-12.1 INSURANCE
(d) All applicants have the opportunity to be represented by counsel when submitting an appeal and/or appearing before the Real Estate Commission and to call witnesses to testify on their behalf at the time of its consideration of their appeal.
(e) Upon the conclusion of a hearing on an appeal, the Commission shall either render a decision or take the matter under advisement and render a decision at a future date. The ruling of the Commission shall be communicated to the applicant in written form promptly upon the decision being rendered.
Amended by R.1998 d.497, effective October 5, 1998. See: 30 N.J.R. 2333(a), 30 N.J.R. 3646(a). Rewrote (a). Amended by R2011 d.030, effective January 18, 2011. See: 42 N.J.R. 1991(a), 43 N.J.R. 189(a). In the introductory paragraph of (a) and of (b), and in (c)1, deleted “full” preceding “Real Estate Commission”; in (a)1, deleted “, with the exception of reinstatement applications submitted beyond the statutory established time limitations upon such reinstatements” following “applications”; and in the introductory paragraph of (b), substituted “two” for “15”.
SUBCHAPTER 12. CONTINUING EDUCATION
11:5-12.1 Purpose and scope
(a) The purpose of this subchapter is to implement N.J.S.A. 45:15-16.2a et seq. by establishing continuing education requirements for real estate brokers, broker-salespersons and salespersons as a condition of biennial licensure renewal, and by establishing standards for the approval of continuing education courses, course providers and course instructors.
(b) This subchapter shall apply to all individuals licensed as real estate brokers, and to all broker-salespersons and salespersons licensed in this State, and to all applicants for the approval of continuing education courses or for approval as continuing education course instructors or providers.
11:5-12.2 Definitions
The following words and terms, as used in this subchapter, shall have the following meanings unless the context clearly indicates otherwise:
“ARELLO” means the Association of Real Estate License Law Officials, which may be contacted at 334-260-2928 and at mailbox@ arello. org .
“Commission” means the New Jersey Real Estate Commission.
“Continuing education coordinator” means the individual designated by an approved continuing education provider as the person responsible for assuring compliance with the provisions of N.J.S.A. 45:15-16.2a et seq., and the rules in this chapter that are applicable to continuing education providers.
“Distance learning” means any educational process based on the geographical separation of instructor and learner (for example, CD-ROM, disk, on-line courses, correspondence courses, webinars or video conferencing).
“Real estate broker” or “broker” means a person, firm or corporation as defined at N.J.S.A. 45:15-3.
“Real estate broker-salesperson” or “broker-salesperson” means a person as defined at N.J.S.A. 45:15-3.
“Real estate salesperson” or “salesperson” means a person as defined at N.J.S.A. 45:15-3.
“Volunteer Advisory Committee” means the committee established pursuant to N.J.S.A. 45:15-16.2a.b(1)(b), which is responsible for recommending continuing education course providers, instructors and courses for approval by the Commission.
11:5-12.3 Continuing education requirements
(a) Unless granted a waiver pursuant to N.J.A.C. 11:5-12.5, commencing with the July 1, 2013 renewal and continuing for every renewal thereafter, in order to qualify for license renewal every individual licensed as a real estate broker and every licensed broker-salesperson or salesperson shall, during the 24- month period prior to that renewal, have completed 12 hours of approved continuing education as set forth in this subchapter, two hours of which shall have been on the topic of ethics, except that:
1. A Commission-licensed real estate instructor or Commission-approved continuing education course instructor shall earn credit for teaching an approved continuing education course offered by an approved provider. Notwithstanding the number of times the instructor teaches an approved course during a two-year license term, the instructor shall earn the number of continuing education credits granted to a licensee who attends and completes that course one time during that license term;
2. A person who successfully completes one or more broker pre-licensure education courses as set forth in N.J.A.C. 11:52.1 shall be deemed to have fulfilled the continuing education requirement applicable to the license that such person may seek to renew upon the conclusion of the license term during which the broker pre-licensure course was completed; and
3. A person who is initially licensed as a salesperson in the second year of a biennial license term shall not be required to fulfill any continuing education requirements in order to renew the salesperson’s license upon the conclusion of that license term. A person who is initially licensed as a salesperson during the first year of a biennial license term shall complete all applicable continuing education requirements in order to renew the salesperson’s license upon the conclusion of that license term.
(b) A licensee for whom a renewal application is timely submitted who completes the continuing education requirements between May 1 and June 30 of the second year in a biennial