Registration of Entities to Receive Commission or Other Valuable Consideration
New Jersey licensed real estate salespersons, broker-salespersons and Salesperson Licensed with a Real Estate Referral Company (commonly referred to as ‘referral agent’) may register an entity with the New Jersey Real Estate Commission to receive a commission or valuable consideration for real estate brokerage activity per N.J.S.A. 45:15-16. The New Jersey Real Estate Commission has launched an online application process to allow for these licensees to register entities for this purpose. |
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Please click here to access the application to register entities to receive commission income or other valuable consideration |