§ 45:15-1 License required.
§ 45:15-1.1 Role of housing referral aide
§ 45:15-1.2 License required for acceptance of compensation for providing assistance in locating rental housing
§ 45:15-2 “Engaging in business” defined
§ 45:15-3 Terms defined, license required for bringing action for compensation.
§ 45:15-3.1 Payment of referral fee, commission to person licensed in another jurisdiction
§ 45:15-3.2 Written agreement.
§ 45:15-4 Application of provisions of article limited
§ 45:15-5 New Jersey Real Estate Commission continued
§ 45:15-6 Commission salaries
§ 45:15-7 Provision, duties of personnel
§ 45:15-8 Seal; certified copies of records as evidence; public inspection of records
§ 45:15-9 Real estate licenses.
§ 45:15-10 Examination required for initial licensure; term, renewal.
§ 45:15-10.1 Educational requirements.
§ 45:15-10.2 Waiver of educational requirements for licensure
§ 45:15-10.3 Bureau of Real Estate Education
§ 45:15-10.4 Licensure of real estate school
§ 45:15-10.5 Licensure as real estate instructor
§ 45:15-10.6 Application for, issuance of license as real estate school, fees.
§ 45:15-10.7 Application for, issuance of license as real estate instructor; fees.
§ 45:15-10.8 Director of real estate school
§ 45:15-10.9 Director of public adult education program
§ 45:15-10.10 Real estate school, instructor license
§ 45:15-10.11 Grounds for suspension, revocation of real estate school instructor license.
§ 45:15-10.12 Restrictions on persons with revoked license
§ 45:15-10.13 Revocation of license of school; exceptions
§ 45:15-10.14 Power, authority of commission
§ 45:15-11 Disabled war veterans; granting of license.
§ 45:15-11.3 Issuance of temporary broker’s license
§ 45:15-12 Broker to maintain office.
§ 45:15-12.1 Bars to issuance of license.
§ 45:15-12.2 Repeal
§ 45:15-12.3 Revoked license, disability to act
§ 45:15-12.4 Revocation of partnership, corporate license
§ 45:15-12.5 Maintenance of special account required
§ 45:15-12.6 Approval of depository institution
§ 45:15-12.7 Agent, custodian may not use interest on escrow funds
§ 45:15-12.8 Acceptance of monies.
§ 45:15-13 Form of license; change of broker’s address.
§ 45:15-14 License kept by employing broker.
§ 45:15-15 License fees.
§ 45:15-16 Acceptance of commission, valuable consideration.
§ 45:15-16a Rebate paid by broker to purchaser.
§ 45:15-16b Advertisement for rebate.
§ 45:15-16c Regulations.
§ 45:15-16.2 Educational and information programs
§ 45:15-16.2a Continuing education required; exceptions.
§ 45:15-16.2b Delivery of continuing education courses.
§ 45:15-16.2c Completion of continuing education requirements.
§ 45:15-16.2d Fulfillment of continuing education requirement.
§ 45:15-16.2e Core topics for continuing education courses.
§ 45:15-16.2f Maintenance of records by course providers.
§ 45:15-16.2g Rules, regulations.
§ 45:15-16.27 Short title
§ 45:15-16.28 Definitions.
§ 45:15-16.29 Bureau of Subdivided Land Sales Control continued
§ 45:15-16.30 Conditions for disposition of subdivided lands
§ 45:15-16.30a Registration as secondary registration subdivider.
§ 45:15-16.31 Subdivisions, subdivided lands subject to this act
§ 45:15-16.32 Inapplicability to offers, dispositions of an interest in a subdivision.
§ 45:15-16.33 Notice of filing; registration; rejection
§ 45:15-16.34 Initial registration fee; inspection fee; consolidated filing fee
§ 45:15-16.35 Examination by commission
§ 45:15-16.36 Contents of statement of record
§ 45:15-16.37 Information available to public
§ 45:15-16.38 Public offering statement; not to be used for promotional purposes; amendments to; right to cancel
§ 45:15-16.39 Consolidated filing
§ 45:15-16.40 Report by subdivider
§ 45:15-16.41 Powers of commission
§ 45:15-16.42 Commission empowered to issue cease and desist orders
§ 45:15-16.43 Conditions for revocation of registration
§ 45:15-16.44 Commission empowered to bring action in Superior Court; intervene in suits
§ 45:15-16.45 Submission of applicant to the courts; methods of service
§ 45:15-16.46 Violations by brokers, salespeople; fines, penalties
§ 45:15-16.47 Actions, counterclaims permitted against non-compliers
§ 45:15-16.48 Existing registrations deemed in force and effect
§ 45:15-16.49 Rules and regulations
§ 45:15-16.50 Short title.
§ 45:15-16.51 Definitions relative to timeshares.
§ 45:15-16.52 Applicability of act.
§ 45:15-16.54 Administration by Real Estate Commission.
§ 45:15-16.55 Nonpreemption of local codes; supersedure of other regulation of timeshares.
§ 45:15-16.56 Creation of timeshare plan.
§ 45:15-16.57 Requirements for developers of timeshares; application, registration.
§ 45:15-16.58 Responsibilities of timeshare developer for offering, marketing violations.
§ 45:15-16.59 Public offering, disclosure statements; requirements.
§ 45:15-16.60 Filing of annual reports by developer of timeshare.
§ 45:15-16.61 Issuance of notice of filing of registration.
§ 45:15-16.62 Review of registration; orders, schedule.
§ 45:15-16.63 Deficiency notice, appeal.
§ 45:15-16.64 Fee for initial registration.
§ 45:15-16.65 Registrations required for sale.
§ 45:15-16.66 Creation of provision for managing entity, duties.
§ 45:15-16.67 Voidability of purchase contract.
§ 45:15-16.68 Conditions for release of escrow funds to the developer.
§ 45:15-16.70 Prohibitions relative to developers of timeshares.
§ 45:15-16.71 Detailed financial records.
§ 45:15-16.72 Maintenance of employee records.
§ 45:15-16.73 Permitted action for partition.
§ 45:15-16.74 Refusal to issue, renew, revoke, suspension of registration, penalties.
§ 45:15-16.75 Powers of commission.
§ 45:15-16.76 Determinations by commission; cease and desist order.
§ 45:15-16.77 Violations.
§ 45:15-16.78 Application for registration deemed submission to jurisdiction of courts.
§ 45:15-16.79 Additional penalties.
§ 45:15-16.80 Actions, counterclaims, remedies.
§ 45:15-16.81 Valid registration required for action.
§ 45:15-16.82 Rules.
§ 45:15-16.83 Forms, procedures.
§ 45:15-16.84 Investigation of matters relative to application for registration.
§ 45:15-16.85 Existing timeshare plans remain in full force and effect.
§ 45:15-17 Investigation of actions of licensees; suspension or revocation of licenses and causes therefor.
§ 45:15-17.1 Temporary suspension of license
§ 45:15-17.2 Freezing accounts during suspension of broker’s license
§ 45:15-17.3 Sanctions for noncomplying sales of mobile homes
§ 45:15-17.4 Rules, regulations
§ 45:15-18 Notification to licensee of charges made in licenses suspension, revocation.
§ 45:15-19 Cause for revocation of license.
§ 45:15-19.1 License revoked upon conviction.
§ 45:15-19.2 License suspended when licensee is indicted.
§ 45:15-19.3 No supercedure.
§ 45:15-20 Nonresident licenses.
§ 45:15-21 Filing of irrevocable consent to service
§ 45:15-24 Commitment for nonpayment of judgment
§ 45:15-27 Disposition of penalties
§ 45:15-29 Payment of fines, penalties; funding of commission’s expenses
§ 45:15-29.1 Employees transferred
§ 45:15-29.2 Rights under Title 11 and under pension laws not affected
§ 45:15-29.3 Orders, rules, regulations continued
§ 45:15-29.4 “New Jersey Real Estate Commission,” reference
§ 45:15-29.5 Actions, proceedings not affected
§ 45:15-34 Real estate guaranty fund established.
§ 45:15-35 Additional amount payable upon initial issuance of license.
§ 45:15-36 Management and investment of funds
§ 45:15-37 Payments from real estate guaranty fund.
§ 45:15-38 Civil action which may result in court order for payment; limitations of action; joinder of commission
§ 45:15-39 Secretary of commission constituted as agent.
§ 45:15-40 Insufficiency of funds; replenishment; excess amounts.
§ 45:15-41 Revocation of license upon issuance of court order for payment from fund.
§ 45:15-42 Rules and regulations

Terms Used In New Jersey Statutes > Title 45 > Chapter 15

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • certified mail: include private express carrier service, provided that the private express carrier service provides confirmation of mailing. See New Jersey Statutes 1:1-2
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Quorum: The number of legislators that must be present to do business.
  • registered mail: include "certified mail". See New Jersey Statutes 1:1-2
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Right of rescission: Right to cancel, within three business days, a contract that uses the home of a person as collateral, except in the case of a first mortgage loan. There is no fee to the borrower, who receives a full refund of all fees paid. The right of rescission is guaranteed by the Truth in Lending Act (TILA). Source: OCC
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • taxing district: when used in a law relating to the assessment or collection of taxes, assessments or water rates or water rents, include every political division of the State, less than a county, whose inhabitants, governing body or officers have the power to levy taxes, assessments or rates. See New Jersey Statutes 1:1-2
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • territory: extends to and includes any territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.