how long does a nj real estate license last
People also ask
How long does it take to get a real estate license NJ?
These two 30 hour courses must be at an licensed New Jersey Real Estate School. And, thirdly, you must pass the New Jersey examination. If you applied for a Broker license, please allow the Real Estate Commission 30 business days to process the paperwork. Questions regarding your application cannot be answered during this processing period. 13.
How long can a real estate license be inactive in NJ?
N.J.S.A. 45:15-9 provides that Real Estate licenses can be inactive for 2 years after the expiration date of the last license issued. To reinstate your license, your application must be completed by a currently licensed Real Estate Employing Broker.
What is a New Jersey real estate broker license?
An individual licensed as a New Jersey real estate broker, broker-salesperson or salesperson is not, by virtue of being licensed, authorized to engage in the residential mortgage brokerage business.
How to terminate a real estate license in New Jersey?
The licensee’s current broker MUST deliver the license, properly inscribed for termination, to the licensee. The broker must also send the Notice of Termination section to the Commission within five business days, and send a copy of it to the licensee’s residence address. N.J.A.C. 11:5-3.11 (b). 11.