REAL ESTATE BROKR
  • DIRECTORY
    • A - L >
      • Alabama
      • Alaska
      • Arizona
      • Arkansas
      • California
      • Colorado
      • Connecticut
      • Delaware
      • District of Columbia
      • Florida
      • Georgia
      • Hawaii
      • Idaho
      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Kentucky
      • Louisiana
    • M - O >
      • Maine
      • Maryland
      • Massachusetts
      • Michigan
      • Minnesota
      • Mississippi
      • Missouri
      • Montana
      • Nebraska
      • Nevada
      • New Hampshire
      • New Jersey
      • New Mexico
      • New York
      • North Carolina
      • North Dakota
      • Ohio
      • Oklahoma
      • Oregon
    • P - Z >
      • Pennsylvania
      • Rhode Island
      • South Carolina
      • South Dakota
      • Tennessee
      • Texas
      • Utah
      • Vermont
      • Virginia
      • Washington
      • West Virginia
      • Wisconsin
      • Wyoming
  • TOPICS
    • MAPS
    • RE Lists
    • Types of Agency
    • Deeds
    • Definitions
    • About NNN
    • Getting Into Real Estate
  • Brokers of Record
    • What Is a Broker of Record
    • I Need A Broker
    • I want to Register
    • Terms & Conditions
  • Contact
  • DIRECTORY
    • A - L >
      • Alabama
      • Alaska
      • Arizona
      • Arkansas
      • California
      • Colorado
      • Connecticut
      • Delaware
      • District of Columbia
      • Florida
      • Georgia
      • Hawaii
      • Idaho
      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Kentucky
      • Louisiana
    • M - O >
      • Maine
      • Maryland
      • Massachusetts
      • Michigan
      • Minnesota
      • Mississippi
      • Missouri
      • Montana
      • Nebraska
      • Nevada
      • New Hampshire
      • New Jersey
      • New Mexico
      • New York
      • North Carolina
      • North Dakota
      • Ohio
      • Oklahoma
      • Oregon
    • P - Z >
      • Pennsylvania
      • Rhode Island
      • South Carolina
      • South Dakota
      • Tennessee
      • Texas
      • Utah
      • Vermont
      • Virginia
      • Washington
      • West Virginia
      • Wisconsin
      • Wyoming
  • TOPICS
    • MAPS
    • RE Lists
    • Types of Agency
    • Deeds
    • Definitions
    • About NNN
    • Getting Into Real Estate
  • Brokers of Record
    • What Is a Broker of Record
    • I Need A Broker
    • I want to Register
    • Terms & Conditions
  • Contact
A-Z Prev State
A-Z Next State

New Jersey Interstate Real Estate Guide

Out of State Licensee (OSL) Participation in deals:
Turf State

New Jersey Out of State Broker Cooperation

- An out-of-state licensee may only receive a referral fee from New Jersey licensee (IF the Broker receives a REFERRAL AGENT LICENSE).
- "Referral" is defined as introducing or directing a consumer to a New Jersey licensee.
​- An out-of-state licensee can bring a lawsuit to collect referral fee.
- Note -case law interprets New Jersey statutes as PL.
Picture

New Jersey Real Estate License Types
New Jersey ​Real Estate Exam Providers
New Jersey Real Estate Waivers
Real Estate Corp or Entity
Real Estate Broker of Record
Real Estate Sole Proprietor Broker
Real Estate Broker-Salesperson
Real Estate Salesperson
Real Estate Referral Agent
​PSI Exams
Only for Reciprocal States
We Need Brokers!
Register Now

New Jersey Real Estate Reciprocity

(New Jersey does not have reciprocity with any state.)
​
New York, Pennsylvania*

* New York and Pennsylvania has Experience & Education Waivers for Brokers.
- Broker Licenses require a) one 30-hour course in Agency/Ethics and one 30-hour course in Office Management AND b) Take the New Jersey Exam.
Confirmed by New Jersey Real Estate Commission

Specific to New Jersey Real Estate 

 
If You Need a Broker, Contact Us

New Jersey Reverse Reciprocity

​These states specifically mention New Jersey in their Reciprocity: 
Nevada (Salesperson Only)

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennessee, Vermont, Washington

New Jersey Real Estate Links

​Reciprocity Page
​Dept of Banking & Insurance - NJ Real Estate Commission

New Jersey Real Estate Customs

​Attorneys handle closings in northern New Jersey, and title agents customarily handle them elsewhere.
Conveyance is by bargain-and-sale deed with covenants against grantors’ acts (equivalent to a special warranty deed). Mortgages are the most common security instruments though deeds of trust are authorized.
New Jersey uses ALTA owner’s and lender’s policies.
Both buyer and seller pay the escrow and closing costs. The buyer pays the title insurance fees, and the seller pays the transfer tax.
Property taxes are payable quarterly.


Picture
Picture
Picture
Picture
Picture

HOME     |     DEFINITIONS    |    NEED A BROKER    |   CONTACT

Picture
Picture
Picture
© COPYRIGHT 2020-21 Realestatebrokr.com | ALL RIGHTS RESERVED.
​Peter Ciriello is a licensed real estate broker in New York, California and Georgia.
Privacy Policy
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to accuracy of the information displayed. Nothing on this website is meant to be legal advice, any references to licensing or legal matters are the opinion of the website owner based on individual research and nothing more.  User must do independent evaluation of the material presented.  References to licensing and sources may be dated. User shall verify the information and bears all risk for any inaccuracies.