Corporations, partnerships and other business $ 200.00 entities Broker of record $ 200.00
Sole proprietor broker $ 200.00 Broker-salesperson $ 200.00 Salesperson $ 100.00
Referral agents $ 100.00
Branch office $ 100.00
Late Renewal Fees:
License Fee Corporations, partnerships and other business entities Broker
Broker-salesperson Salesperson
Referral agents
Transfers: $ 40.00
$ 40.00 $ 20.00 $ 20.00
$ 20.00
License Fee Broker-salesperson $ 25.00 Salesperson $ 25.00
Referral agents $ 25.00
Reinstatements of unrenewed licenses (amounts include $ 50.00 application fee):
License Fee Corporations, partnerships and other business entities Broker of record
Sole proprietor broker
Broker-salesperson Salesperson
Referral agent
Branch office
Changes: $ 250.00
$ 250.00 $ 250.00 $ 250.00 $ 150.00 $ 150.00 $ 150.00
Type Fee
11:5-3.15 REAL ESTATE COMMISSION
Renewal Fees:
License See: 34 N.J.R. 4043(a), 35 N.J.R. 5109(a). Administrative correction. See: 36 N.J.R. 656(b). Amended by 8.2009 d.287, effective September 21, 2009. See: 41 N.J.R. 1381(a), 41 N.J.R. 3440(a). In the introductory paragraph, substituted “Department of Banking and Insurance Licensing Services Bureau, Real Estate Section” for “Licensing Section of the Real Estate Commission”; in the paragraph below “LICENSE FEES”, deleted “, $ 18.00 criminal history record check fee for each individual required by N.J.A.C. 11:5-3.3 to undergo such a check” following “application fee”, and inserted “Amounts do not include the processing fee for fingerprint scanning payable directly to the State-contracted vendor”; and in the “Initial License Fees” portion of the table, updated the Fee amounts for entries “Broker of record”, “Sole proprietor broker”, “Broker-salesperson”, “Salesperson”, “Branch office” and “Temporary broker license” and deleted the entry for “Multiple broker license”; and in the “Late Renewal Fees” portion of the table, deleted the entry for “Branch office”. Amended by R.2012 d.006, effective January 3, 2012. See: 43 N.J.R. 1791(a), 44 N.J.R 86(b). In the paragraph following “LICENSE FEES”, inserted “and referral agents”; in the table, inserted entries for “Referral agent” throughout; and in the next to last table entry, substituted a comma for “or” following “record” and inserted “, salesperson or referral agent”.
11:5-3.15 Change of status from referral agent to salesperson or broker-salesperson
(a) A licensed referral agent who was not previously licensed as a broker, broker-salesperson or salesperson and who has been licensed as a referral agent for less than one year shall be eligible for licensure as a salesperson without being required to complete any continuing education.
(b) A licensed referral agent who was not previously licensed as a broker, broker-salesperson or salesperson and who has been licensed as a referral agent for between one and six years immediately preceding making application for a change of status to that of a licensed salesperson shall, in order to qualify for licensure as a salesperson, complete 24 hours of continuing education, all of which shall be in core topics as set forth in N.J.A.C. 11:5-12.4. The 24 hours of continuing education shall be completed within the two years immediately preceding application for licensure as a salesperson.
(c) A licensed referral agent who was not previously licensed as a broker, broker-salesperson of salesperson and who has been licensed as a referral agent for more than the six immediately preceding years shall, in order to qualify for licensure as a salesperson, be required to complete the prelicensure education requirement applicable to salespersons and to pass the State license examination for salespersons.
Name change
Change of business address: sole proprietor brokers and corporations, partnerships or other business entities (plus $ 10.00 for each individual licensee)
Change of status-sole proprietor, broker, broker of record, broker-salesperson, salesperson or referral agent Change of branch office supervisor
New Rule, R.2003 d.440, effective November 3, 2003. Fee $ 50.00
$ 50.00 (d) A licensed referral agent who was previously licensed as a broker, broker-salesperson or salesperson who has been licensed as a referral agent for the six immediately preceding years or any lesser period shall, in order to qualify for reissuance of a broker, $ 50.00 broker-salesperson or salesperson license, complete the hours of continuing education as set forth below:
$ 50.00 1. To qualify for relicensure as a salesperson, a has been licensed as a referral agent for less than three years shall complete 12 hours of continuing education, all of which