1 New Webpage Launched with Consumer Protection Enhancement Act Resources |
| What Should I Know? The Real Estate Consumer Protection Enhancement Act, which strengthens protections and transparency for consumers and real estate licensees, will take effect on Aug. 1. The law requires the Seller's Property Condition Disclosure Form, introduces designated agency, and more. Where Can I Learn More? Visit njrealtor.com/cpea and download this document for a brief explanation of the law and specifics about the types of agency. |
| I'm Listening: The New Jersey Real Estate Commission formally adopted a rule allowing commission payments to be made to Limited Liability Companies, as initiated by New Jersey Realtors® and signed by the governor. What Else Should I Know? While the REC adopted the LLC rule, it will not go into effect until six months after it is published in the New Jersey Register. New Jersey Realtors® will notify members when this rule takes effect, which will be in 2025. |
| Feature Story of the Week |
| Win Money for Your Charity New Jersey Realtors® Good Neighbor Award recognizes three Realtors® for their commitments to their community and dedication to improving the quality of life through their volunteer efforts. This year's first place winner will receive $2,500 for the 501(c)(3) charity or organization of their choice. If this sounds like you or someone you know, apply by Sept. 6. |
Meet the 2023 First Place Winner-Denise Horneck Denise earned last year's award for her remarkable commitment to the Colts Neck First Aid Squad. She serves as an Emergency Medical Technician and the Cadet Advisor, providing essential guidance and training to cadets aged 15 to 18. She also provides comfort and familiarity to those in distress, making a meaningful impact on her community. |
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