REGULATIONS FOR THE NEW JERSEY REAL ESTATE COMMISSION Page 57

REAL ESTATE COMMISSION 11:5-2.2
10.1, unless that person is licensed as an instructor pursuant to N.J.S.A. 45:15-10.5 and this section.
1. Each applicant for licensure as a real estate instructor shall be 18 years of age or older and shall have a background of good moral character, including the absence of any conviction for those certain crimes or other like offenses referred to in N.J.S.A. 45:15-12.1, subject to the applicant’s ability to affirmatively demonstrate his or her rehabilitation from such conviction. In order to confirm the absence of any such conviction, the Commission shall require all non-attorney applicants to submit with their application for instructor licensure a New Jersey State Police Request for Criminal History Record Information Form and a certified check or money order in the amount established by the New Jersey State Police as the processing fee for such forms.
2. Each applicant for licensure must hold a bachelor’s degree from an accredited college or university, except for the following applicants:
i. New Jersey licensed brokers who have been continuously licensed as such for the two years immediately preceding their application; and
ii. Licensed brokers from other states who have been continu- ously licensed as such for the three years immediately preceding their application.
3. Except as provided in (1)3i and ii below, all instructor li- cense applicants must successfully complete all of the education requirements for licensure as a New Jersey broker established at N.J.A.C. 11:5-2.1, totaling 150 hours, not more than one year prior to passing the instructor license examination and applying for an instructor license.
i. New Jersey broker licensees who have been licensed as such for at least the two years immediately preceding the application and who have completed the full 150 hours of broker prelicensure courses established at N.J.A.C. 11:5-2.1 shall be deemed to have fulfilled the education requirements for licen-sure as an instructor.
ii. The following individuals will not be required to take the 90-hour general broker course but must successfully complete the two 30-hour broker prelicensure courses referred to in N.J.A.C. 11:5-2.1 in order to fulfill the instructor prelicensure education requirements:
(1) New Jersey broker licensees who have been licensed as such for the two years preceding their application for an instructor license but who have not previously completed those two courses; and
(2) Licensed brokers from other states who have been li- censed as such for the three years immediately preceding application.
4. All instructor license applicants shall successfully complete an instructor license examination as established by the Commission. The examination shall extensively test the appli- cant’s general real estate knowledge and shall include questions on teaching methods. Applicants are advised to engage in in- dependent study and/or to take courses offered by independent providers on teaching methods.
5. Subsequent to passing the instructor license examination, as a prerequisite to being issued an instructor license, all appli- cants must attend a seminar conducted by or under the direction of the Commission staff covering Commission and licensing procedures. Such seminars shall not exceed one day in length.
(1) Regulations applicable to the renewal of school and instruction licenses are as follows:
1. Pursuant to N.J.S.A. 45:15-10.7, the fee for the renewal of a real estate instructor license for an additional two-year license term shall be $ 100.00. The fee for the renewal of a real estate school license shall be $ 400.00 for the first teaching location licensed and $ 200.00 for each additional licensed location to be renewed.
2. As a prerequisite for the renewal of an instructor license, an instructor must attend a Commission-sponsored seminar up- dating them on recent developments affecting the real estate brokerage business in New Jersey. Such seminars shall be of- fered on a minimum of two dates, each in a different location throughout the state, during the second year of each two-year license term. Persons initially licensed as instructors in the last six months of the two-year license term are exempt from this seminar attendance requirement for the first renewal of their in- structor license.
3. In the event that any person to whom an instructor’s li- cense has been or shall have been issued shall fail to renew such license or obtain a new license for a period of two consecutive years or more after the expiration of the last license held, the Commission shall require such person to again fulfill all the qualifications for initial licensure as an instructor prior to issu- ance of a further instructor’s license. This requirement shall not apply to a person reapplying for an instructor’s license who was a licensed instructor and who allowed their license to expire due to subsequent employment in a public agency in this State with responsibility for dealing with matters relating to real estate if the person reapplying does so within one year of termination of that employment.
(m) For real estate prelicensure courses, the maximum teach- ing load per instructor or guest lecturer shall not exceed the ratio of one instructor or guest lecturer to 60 students per class. Each prelicensure course offered by a licensed school shall be under the supervision of an instructor licensed pursuant to N.J.S.A. 45:15- 10.5 and N.J.A.C. 11:5-2.2(k). At least one licensed instructor shall be present in the classroom at all sessions. However, additional instructors or guest lecturers may be utilized for instruction so long as not more than 25 percent of the
0/5 (0 Reviews)
0
    0
    Your Cart
    Your cart is empty