Governance

In accordance with the Bylaws of the Association, the following individuals serve on the Board of Trustees:

• President
• President-Elect
• Treasurer/ Secretary
• Immediate Past President
• Four additional Past Presidents
• NAR Directors

FIDUCIARY DUTIES OF THE BOARD OF DIRECTORS

The Board of Directors have the same fiduciary responsibilities to the North Central Jersey Association of REALTORS® as they would a client.

The fiduciary duties are:

• Obedience: to Bylaws, policies, procedures, guidelines and decisions of the Board of Directors;
• Loyalty: to the decisions of the Board of Directors whether or not you agree with them;
• Disclosure: of facts, research, pros/cons of any issues to be voted on;
• Confidentiality: for all debates and votes, and other topics as outlined by the Confidentiality policy of the Board.
• Accounting: for money and documentations;
• Reasonable Care: knowledge prior to voting, engage in full debate, render an action in the best interest of the Association.
• Violation of the fiduciary duties will negate coverage of Errors and Omissions and may subject violator to personal liability. An Officer or Director in violation will be subject to removal as outlined in the Bylaws of the Board.

DUTIES OF THE PRESIDENT-ELECT

The President-elect shall exercise the powers and authority and perform the duties of the President in the absence, disability or as delegated by the President. These duties include but are not limited to:

• Interfaces closely with the President and the Chief Executive Officer.
• Substitutes when directed, and as needed.
• Be knowledgeable and conversant relative to the Board’s strategic plan, objectives, programs and activities of the Board at all levels.
• Assists President in completing all short-term team goals;
• Will be asked by the President to select Vice Chairpersons, if and when appropriate;
• Maintaining continuing progress of long-term team goals;
• Monitors progress of committees;
• The President-elect is the President-in-training, prepares the next person in line to take over creating a continuum;
• They are expected to attend all meetings with the President;
• Represents the Board to other Associations and organizations as requested by the President or Board of Directors;
• They are expected to attend Leadership training and NAR® Meetings;
• Be familiar with the current Bylaws and policies of the Board;
• Be familiar with Robert’s Rules of Order and Parliamentary procedures;
• Be familiar with the Legislative affairs of the Association;
• The President-elect reports to and is responsible for his/her actions to the President and the Board of Directors.

DUTIES OF THE TREASURER /SECRETARY

The Treasurer/Secretary shall oversee and be responsible for all funds received by the Board and for their proper disbursement. The Treasurer shall present the Board’s financial statements to the Board of Directors and in order to do that, the Treasurer must become familiar with the statement format and content. Such funds, shall be kept on deposit in financial institutions, or invested in a manner approved by the Board of Directors. The Treasurer shall be a signatory on all accounts held by the Board. The Treasurer shall cause a monthly financial report to the Board of Directors. The Treasurer shall be Chairperson of the Budget and Finance committee. These duties include but are not limited to:

• Ability to read/understand/interpret financial statements for Board Members;
• Ensure financial statements are presented to the Board on an annual basis with the Board appointed Certified Professional Accountant;
• Acts as a resource to other committees in financial matters;
• Attends an annual meeting with the CEO & a designee of the CEO to ensure the financials are on track from year to year;
• Ensures the Board’s strategic plan goals are properly funded;
• Signatory on NCJAR® Bank Accounts;
• Commits the time necessary in preparation and meeting time;
• Works closely with the CEO and prepares Quarterly reports to be presented to the Trustees at their meeting
• Attend NAR Meetings at the request of the President

Duties & Qualifications of NAR Director*

A National Association of Realtors® (NAR) Director is a key leadership position within the real estate industry, serving on the board of directors for a local, state, or national association. NAR Directors are responsible for guiding the strategic direction of the association, making policy decisions, and overseeing the organization’s activities to ensure they align with the interests of its members. Their responsibilities include participating in meetings, contributing to committees, and representing the association at various levels.

Qualifications & Duties:

• Past President or NAR Director at the Local, State or National Level.
• Meet all Qualifications and Performance Expectations for NAR Directors
• Serve on a NAR Committee
• Demonstrated dedication to the organization’s mission and activities
• Adherence to the highest ethical and professional standards
• Submission of a detailed application outlining qualifications, contributions to the association, and a vision for future involvement.
• A candidate applying for a NAR Director position cannot serve on the Nominating Committee.
• NAR Director travels within the budget of the Association.
• NAR® Directors are required to travel to both the May and November meetings.

EVENT CODE OF CONDUCT
North Central Jersey Association of Realtors® (NCJAR) is committed to fostering a professional, respectful, and inclusive environment at all its events. This Code of Conduct applies to all participants, including members, guests, speakers, exhibitors, vendors, staff, and volunteers, and governs behavior during NCJAR hosted events regardless of location.  

All participants are expected to treat one another with dignity and respect, refraining from any form of harassment, discrimination, or disruptive conduct. Offensive language, gestures, or imagery are strictly prohibited, whether in person or through digital platforms associated with the event. Participants must respect the policies of event venues, protect property, and comply with all applicable federal, state, and local laws, including those related to discrimination and harassment. 

Harassment of any kind, including sexual harassment, verbal abuse, non-verbal intimidation, or discrimination based on protected characteristics such as but not limited to race, ethnicity, gender, sexual orientation, age, or disability, is strictly prohibited. Physical or verbal abuse, disruptive behavior, intoxication, or substance abuse that impedes responsible participation in event activities will not be tolerated. Participants who witness or experience misconduct are encouraged to report violations to NCJAR staff, who will handle complaints promptly and confidentially in accordance with the law and organizational policies. 

Violations of this Code of Conduct may result in actions taken by the CEO, in consultation with NCJAR leadership, which could include issuing a warning, removing the participant from the event without refund, suspending or revoking NCJAR membership, or referring the matter to law enforcement if necessary.  

We value your attendance and thank you for your cooperation and commitment to ensuring a positive experience for all.  

MEDIA NOTICE
When you enter an NCJAR program or event, you enter an area where photography, audio, and video recording may occur. By entering the event premises, you consent to interviews, photography, audio recording, video recording, and the release, publication, exhibition, or reproduction of these materials for use in news, webcasts, promotional purposes, telecasts, advertising, inclusion on websites, social media, or any other purpose by NCJAR and its affiliates and representatives. Images, photos, and/or videos may also be used to promote similar NCJAR events in the future, highlight the event, and exhibit the capabilities of NCJAR.

By entering the event premises, you release NCJAR, its officers and employees, and all persons involved from any liability connected with the taking, recording, digitizing, or publication and use of interviews, photographs, computer images, videos, and/or sound recordings. You waive all rights to claims for payment or royalties in connection with the use, exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsorship of such use. Additionally, you waive any right to inspect or approve any photo, video, or audio recording taken by NCJAR or its designated representatives.

Participants have the right to opt out of being recorded or photographed by notifying NCJAR staff prior to entering the event space. Minors under the age of 18 may only be recorded or photographed with the express consent of a parent or legal guardian. This event adheres to applicable data privacy regulations, and personal data collected will only be used for NCJAR’s stated purposes. Visible signage is displayed at the event to inform attendees of the recording. By entering, you confirm that you have been fully informed of your consent, waiver of liability, and release.

DISCLAIMER
The views expressed by speakers or vendors at NCJAR events are solely those of the speaker or vendor and do not necessarily reflect the views of NCJAR, its Trustees, members, or staff. The presence of vendors or speakers does not constitute an endorsement of their views, products, or services by NCJAR.

By attending NCJAR events, participants agree to abide by this Code of Conduct and Media Notice, and contribute to creating a positive and respectful atmosphere. 

Registration is currently closed for the 2024 year.