The reference material contained herein is the entire rules and regulations as they appear in the New Jersey Real Estate Commission Continuing Education Rule & Regulations and are place herein for the use of the reader without guarantee or warranty.
In order to qualify for license renewal or reinstatement, every individual renewing their license as a broker of record, broker-salesperson or salesperson must satisfy at least ONE of the below CE requirements (those renewing as referral agents do not need CE):
shall not be required to fulfill any continuing education to renew their license upon the conclusion of that license term. (i.e., a licensee who obtains their license after July 1, 2016 will not be required to complete CE requirements to renew for the term beginning July 1, 2017).
ARE REQUIRED to complete CE requirements in order to renew their license for the next term (i.e., a licensee who obtains their license before July 1, 2016 will be required to complete CE requirements to renew their license for the term beginning July 1, 2017).
All 12 credit hours for the current biennial timeframe must be completed before the CE Deadline of April 30, 2017. Failure to comply will result in a mandatory $200 late CE fee
It will take approximately 10 business days for the confirmation of your completed continuing education to be transferred from your CE Provider to the testing vendor to the Real Estate Commission.
Real estate salespersons, broker-salespersons and brokers are required to complete 12 hours of CE per license term in order to renew their license for the next license term. See N.J.A.C. 11:5-12.3(a). At least six of the 12 hours must be in the following core topics. See N.J.A.C. 11:5-12.4(a)1- 8 and 11:5-12.4(c):
1. Agency
2. Disclosure
3. Legal Issues (i.e. listing agreements, contracts, leases, attorney review)
4. Ethics (2 Ethics credits mandatory)
5. Fair Housing and New Jersey Law Against Discrimination
6. New Jersey Real Estate Broker and Salesperson Statues and Regulations
7. State and Federal Environmental Laws/Regulations Pertaining to Real Estate
8. Legal Requirements regarding Escrow Monies and Financial Record keeping
The following are approved as topics for elective courses. See N.J.A.C. 11:5-12.13(a)1- 9.
1. Commercial Real Estate
2. Property Management
3. Seasonal Rentals
4. Real Estate Sales Full Disclosure Act and Real Estate Timeshare Act
5. Financing
6. Land Use
7. Real Estate Valuation
8. Foreclosure and Short-Sale Transactions
9. Specific Aspects of Residential Real Estate Transactions
Waivers from CE requirements may be granted either in whole or in part for:
Incapacitating illness
Active military duty
Emergency
Other substantial/unavoidable hardship (not including financial hardship, business conflicts or personal obligations)
Licensees granted a waiver from CE requirements (with the exception of those for active duty military service), will have to make up the waived core course(s) missed in the next license term in addition to all of the credits required for that license term as a condition of license renewal for the license term following when the waiver was issued. (For example, if six core credits were waived, a licensee will have to complete a total of 18 in the next license term.) See N.J.A.C. 11:5-12.5(f).
Any waived elective courses will not have to be completed by a real estate licensee. See N.J.A.C. 11:5-12.5(g).
Application for Real Estate Continuing Education Waiver – Fillable MS Word or PDF