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 of a two-year license term;
$ 200.00 for licenses issued in the second year of a two-year term.
Renewal fee, non-public school $ 400.00 plus $ 200.00 for each additional licensed location
License fee, additional teaching $ 200.00 for licenses issued in the location first year of a two-year license term;
$ 100.00 for licenses issued in the second year of a two-year term.
Change of address (school) $ 50.00 License fee, instructor $ 200.00 for licenses issued in the first year of a two-year license term;
$ 100.00 for licenses issued in the second year of a two-year term.
Renewal fee, instructor $ 100.00
Change of name (school) $ 100.00 Change of name for individual $ 50.00
Change of school director $ 50.00 Application fee, waiver of $ 25.00 salesperson education
Application fee, waiver of $ 25.00 broker education or experience
Application fee, approval of $ 25.00 experience report for broker license applicant
New Rule, R.2003 d.440, effective November 3, 2003. See: 34 N.J.R. 4043(a), 35 N.J.R. 5109(a).
12. Application for approval of real estate continuing education provider;
13. Application for approval of real estate continuing education instructor; and
14. Application for approval of real estate continuing education course.
(b) Following the receipt by the Commission of complete and accurate application forms with the required fee(s) in the correct form, the applications specified below are generally processed by the Education Bureau within the time frames indicated:
1. Applications for real estate instructor licenses, school li- censes, and additional teaching location licenses-three weeks;
end; in (b)6, substituted a semicolon for a period at the end; and added (b)7 through (b)10. Amended by R.2012 d.006, effective January 3, 2012. See: 43 N.J.R. 1791(a), 44 N.J.R. 86(b). In (a)8, inserted “or referral agent”.
11:5-2.6 Education Bureau transaction fees
The fees applicable to transactions processed by the Education Bureau of the Real Estate Commission that are unrelated to real estate continuing education are listed in the table below. Fees applicable to applications for approval of real estate continuing education providers, instructors and courses are listed in N.J.A.C. 11:5-12.17.
EDUCATION BUREAU TRANSACTION FEES
2. Applications for a change of address of a licensed school-three weeks;
3. Applications for relicensure of schools with new directors or new owners of a controlling interest-three weeks;
4. Applications for renewal of instructor licenses, school li- censes, and additional teaching location licenses-four weeks;
5. Applications for waivers of the prelicensure education requirements and/or the broker experience requirement which do not require the review of additional information-four weeks;
6. Applications for the approval of experience as a real estate salesperson to fulfill the experience requirement for licensure as a broker (see N.J.S.A. 45:15-9 and N.J.A.C. 11:5- 3.8)-four weeks;
7. Applications for approval of real estate continuing edu- cation provider-three weeks after recommendation by the Voluntary Advisory Committee is considered by the Real Estate Commission;
8. Applications for approval of real estate continuing edu- cation instructor-three weeks after recommendation by the Voluntary Advisory Committee is considered by the Real Estate Commission;
9. Applications for approval of real estate continuing edu- cation course-three weeks after recommendation by the Voluntary Advisory Committee is considered by the Real Estate Commission; and
10. Applications for the issuance of a waiver of the continu- ing education requirement-three weeks after receipt of a com- plete waiver application.
New Rule, R.2003 d.440, effective November 3, 2003. See: 34 N.J.R. 4043(a), 35 N.J.R. 5109(a). Amended by R.2011 d.184, effective July 18, 2011. See: 43 N.J.R. 369(a), 43 N.J.R_. 1592(a). In (a)10, deleted “and” from the end; in (a)11, substituted a semicolon for a period at the end; added (a)12 through (a)14; in (b)5, deleted “and” from the