The Real Estate Consumer Protection Enhancement Act (CPEA) went into effect on August 1, 2024. This new law includes several important provisions that you need to be aware of, such as mandatory seller's property condition disclosure statements, the introduction of designated agency, required brokerage services agreements, open house signage requirements, and new continuing education (CE) requirements. Please take the time to review the following links and do not hesitate to contact us with any questions or concerns.
Videos to Watch
2024 Broker Briefing Panel Discussion
Prepare for NJ Licensing Law Changes
Education
August 6 (9:30am-12:30pm) Virtual Understanding Agency & Disclosure
August 14 & 15 (9:00am-4:00pm) FREE ABR Two Day Course
August 19 (9:30am-12:30pm) Virtual Understanding Agency & Disclosure
Self-Paced AAA: All About Agency (Core)
Updated Forms
GSMLS Updated Listing Input Forms
The Real Estate Consumer Protection Enhancement Act (CPEA) page on the NJ Realtors® website provides an overview of the newly signed Bill S3192/A4454. Effective August 1, 2024, the law includes key provisions such as mandatory seller's property condition disclosure statements, the introduction of designated agency, required brokerage services agreements, open house signage requirements, and new CE requirements. The page also offers additional resources, including FAQs, downloadable forms, and shareable social media assets. NJREALTOR.COM/CPEA
