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Home > NJ Real Estate Commission > Licensing and Education > Important Rule Amendment
Subchapter 4. Employment Practices/Office and Licensee Supervision
 
N.J.A.C. 11:5-4.1   Licensee business relationship agreements; commissions; accounting to salespersons and referral agents; actions for collection of compensation.                         

  
Effective July 3, 2017, this amendment clarifies that an independent contractor relationship between a broker and a broker salesperson, salesperson or a referral agent is permissible in New Jersey’s real estate profession.

For more information on this Amendment to N.J.A.C. 11:5-4.1 see:

www.state.nj.us/dobi/proposed/prn16_159.pdf
 
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