NCJAR News
New Jersey Realtors® commends the signing of the Real Estate Consumer Protection Enhancement Act into law today by Gov. Phil Murphy. New Jersey Realtors® worked with the sponsors of Bill S3192/A4454—Sen. Patrick Diegnan and Asm. Roy Freiman—to craft this legislation, which will enhance transaction transparency and further protect consumers throughout the state.
The law, which will go into effect on Aug. 1, strengthens both consumer and real estate licensee protections.
The following are the six major changes the law provides for:
- Sellers must provide a fully completed property condition disclosure form before buyers sign a contract.
- Listing agents will be required to explicitly disclose who they represent at open houses.
- Designated agency, which enables a brokerage to appoint an agent to either side of a transaction at the client’s request, is now permissible.
Everyone has different learning styles. Some want to watch a quick video, others want to print out a guide and read every detail, step-by-step. RPR got you covered.
The RPR Learning Center lets you choose how and what you want to brush up on when it comes to RPR features and capabilities. Choose by time, skill level, topics and learning type.
Register Online for Upcoming RPR Webinars:
In 2022, North Central Jersey Association of REALTORS® (NCJAR) proudly contributed $20,000 to the development of the MOMI Thinkscape Park in Morris Township. This generous donation reflects NCJAR's ongoing commitment to community development and education.
Under the leadership of Bill Flagg, who served as NCJAR President in 2022, NCJAR played a pivotal role in supporting this innovative project designed to enhance community engagement and learning through interactive and thought-provoking installations.
The New Jersey Real Estate Commission (NJREC) has specific Continuing Education (CE) requirements for all licensees during the licensing period from July 1, 2023, to June 30, 2025. Here's everything you need to know:
Total CE Hours Required
All licensees MUST complete a total of 12 credit hours of Continuing Education (CE) within this period. However, if you became a salesperson licensee after July 1, 2024, you are exempt from CE requirements for this cycle. You will start your CE in the next cycle.
Breakdown of CE Requirements
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Fair Housing and New Jersey Law Against Discrimination: 1 Hour
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Ethics: 2 Hours
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Core Topics: 3 Hours
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Mix or Electives: 6 Hours
Key Points to Remember