45:15-10.8. Director of real estate school
A school shall not be licensed as a real estate school unless it is under the management and supervision of a director who is approved by the commission and who is licensed as a real estate instructor in accordance with the provisions of this act. In the event of the death or mental or physical incapacity of the director of a licensed real estate school, which leaves no other owner or employee of the school licensed as a real estate instructor and willing to assume the responsibilities of the director on an interim or permanent basis, the commission may issue temporary authorization to another person to enable that person to carry on the duties of the director until such time as either another licensed instructor is designated by the school and approved by the commission as the director, or until such time as the real estate courses in progress at the time of the former director’s death or incapacity are completed. A school shall not commence any new real estate courses until a qualified licensee is designated and approved as the school’s director.
The provisions of this section shall not apply to any public adult education program conducted under the auspices of a board of education in this State or any accredited college or university licensed as real estate schools.
L. 1993, c. 51, 1 51.
45:15-10.9. Director of public adult education program
No public adult education program conducted under the auspices of a board of education in this State and no accredited college or university in this State shall be licensed as a real estate school unless its real estate pre-licensure education program is under the supervision of a director who is a licensed real estate instructor or an individual who has affirmatively demonstrated to the commission his good moral character and has attended a real estate instructor course approved by the commission within two years of applying to the commission for approval as the director of the real estate program. In the event of the death or physical or mental incapacity of the director of a public adult education program or the director of a college or university licensed as a real estate school, which leaves no other employee licensed as a real estate instructor or otherwise qualified to be the director of the program and willing to assume the responsibilities of the director on an interim or permanent basis, the commission may issue a temporary authorization to another person to enable that person to carry on the duties of the director until such time as either another licensed instructor or qualified person is designated by the school and approved by the commission as the director, or until such time as the real estate courses in progress at the time of the former director’s death or incapacity are completed. New courses shall not be commenced by the school until a qualified person is designated and approved as the director of the school.
L. 1993, c. 51, § 52. 45:15-10.10. Real estate school, instructor license
Upon application to the commission and payment of the prescribed license fee no later than January 1, 1994, any school and instructor then designated by the commission as an approved school or instructor shall, subject to the results of the commission’s investigation into the good moral character of the applicant, be issued a real estate school or instructor license.
L. 1993, c. 51, § 53.
45:15-10.11. Grounds for suspension, revocation of real estate school instructor license
The commission may suspend or revoke the license of any real estate school or instructor or impose fines as provided in R.S.45:15-17 upon satisfactory proof that the licensee is guilty of:
a.Making any false promise or substantial misrepresentation;
b.Pursuing a flagrant and continued course of misrepresentation or making false promises through agents, advertisements or otherwise;
c.Engaging in any conduct which demonstrates unworthiness, incompetency, bad faith or dishonesty;
d.Failing to provide a student with a copy of a written agreement which designates the total tuition charges for attendance at a real estate pre-licensure or continuing education course offered by a licensed school, or other charges imposed upon students who enroll in the course, and the refund policy of the school in regard to tuition and other charges;
e.Using any plan, scheme or method of attracting students to enroll in a real estate pre-licensure or continuing education course which involves a lottery, contest, game, prize or drawing;
f.Being convicted of a crime, knowledge of which the commission did not have at the time of last issuing a license to the licensee;
g.Procuring a real estate license for himself or anyone else by fraud, misrepresentation or deceit;
h.Making any verbal or written statement which falsely indicates that a person attended or successfully completed any real estate pre-licensure or continuing education course conducted by the licensee; or
i.Any other conduct whether of the same or of a different character than specified in this section which constitutes fraud or dishonest dealing.
L. 1993, c. 51, § 54; amended 2009, c. 238, § 6, eff. July 1, 2011.
45:15-10.12. Restrictions on persons with revoked license
A person whose license has been revoked pursuant to section 54 of P.L.1993, c. 51 (C. 45:15-10.11) shall not be a general