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Home > NJ Real Estate Commission > About The Real Estate Commission |
About the New Jersey Real
Estate Commission |
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Established in 1921, the New Jersey Real Estate Commission was
created to administer and enforce New Jersey's real estate licensing law, N.J.S.A. 45:15-1 et seq. The Commission consists of five members who
have been licensed as New Jersey real estate brokers for at least ten years,
two public members, and one representative of an appropriate governmental
department.
The Commission meets approximately 36 times each year, and frequently
acts as a quasi-judicial body rendering decisions on contested license applications
and disciplinary actions. It also promulgates rules interpreting and implementing
the provisions of the license law and establishing standards of practice for
the real estate brokerage profession.
All applicants for licensure as a broker or salesperson must
meet the standards for good character and fulfill the educational requirements
for licensure established by law, and pass an examination conducted under
the supervision of the Commission. The content of the prelicensure education
courses is prescribed in regulations adopted by the Commission. The Commission
also licenses the schools which provide the courses and the instructors who
teach them. Instructors must fulfill educational requirements and pass an
examination to qualify for licensure.
The Commission is empowered to conduct investigations, to hold
hearings and to revoke licenses and/or otherwise sanction individuals and
firms for violations of the license law or its administrative rules. Violations
which can result in severe sanctions include commingling or misappropriating
escrow monies, making substantial misrepresentations, being convicted of a
theft offense, procuring a license by fraud or deceit, and "any conduct which
demonstrates unworthiness, incompetency, bad faith or dishonesty."
The Commission also administers and enforces the Real
Estate Sales Full Disclosure Act. This law regulates the marketing and sale in
New Jersey of real estate interests located in other states and countries.
Persons who wish to market such properties in New Jersey must first register
their projects with the Commission. In order to qualify for registration,
the applicant must demonstrate to the satisfaction of the Commission that
they can convey good title to the properties, that full and accurate disclosure
of all pertinent information will be made to prospective New Jersey purchasers,
and that adequate financial assurances have been established to insure completion
of all promised improvements.
Among its many other functions, the Commission also administers
the Real Estate Guaranty Fund. This Fund was established by law to protect
persons aggrieved by the embezzlement, conversion or unlawful obtaining of
property by licensees in a real estate brokerage transaction. It is fully
funded by assessments upon licensees and applicants. No taxpayer dollars are
credited to the fund.
Have an inquiry/complaint regarding a
Real Estate licensee?
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General Information |
REC Supervisory Staff
Aurelio Romero, Executive Director
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The New Jersey Real Estate Commission offices are located at 20 W. State St., Trenton, NJ
For general inquiries regarding investigations, subdivided land sales, and regulatory/enforcement issues, contact:
NJ Real Estate Commission
PO Box 328
Trenton, NJ 08625-0328
Phone: 609-292-7272
FAX: 609-292-0944
E-mail: realestate@dobi.nj.gov |
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Licensing
Information
Gwendolyn Cobb, Supervisor, Education and Licensing
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For licensing inquiries, contact:
Licensing Bureau, Real Estate
NJ Department of Banking and Insurance
PO Box 474
Trenton, NJ 08625-0474
Phone: 609-292-7272
FAX: 609-292-0944
E-mail: relic@dobi.nj.gov |
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Education
Information
Gwendolyn Cobb, Supervisor, Education and Licensing |
For prelicensure education, experience (broker) requirements, CE requirements and lists of licensed schools or CE providers contact:
Phone: 609-292-7272
FAX: 609-292-0944 |
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Investigations Unit
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Phone: 609-292-7272
FAX: 609-292-0944 |
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Subdivided Land Sales Control
Barbara Kesil |
Phone: 609-292-7272
FAX: 609-292-0944 |
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Current Real Estate Commission Members |
Eugenia K. Bonilla, President, Broker Member, since 2012 |
William J. Hanley, Vice-President, Broker Member, since 2020 |
Denise Illes, Department Representative,
since 2015 |
Christina Banasiak, Broker Member, since 2017 |
Erin Brown, Broker Member, since 2022 |
Carlos Lejnieks, Public Member, since 2018 |
Gabrielle Liguori, Public Member, since 2022 |
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Real Estate Commission Meeting Schedule |
Pursuant to the Open Public Meetings Act, N.J.S.A. 10:4-18, notice is hereby given of the regular meetings of the New Jersey Real Estate Commission to be held via the Zoom virtual platform, at 9:30 a.m. on the following dates (unless otherwise noted).
The link for all meetings is https://www.zoomgov.com/j/1614948154?pwd=UXZySUhzNDBsd0M3UmlOZ2EydTFKUT09
Meeting ID: 161 494 8154 Passcode: 563961
Dial in (415) 449 4000 US (US Spanish Line)
(551) 285 1373 US (New Jersey)
Agendas will be posted during the week prior to the scheduled meeting. |
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2024 Meetings with Agendas* |
January 09, 2024 - Agenda
January 23, 2024 - Cancelled
February 13, 2024 - Agenda - Cancelled
February 27, 2024 - Agenda
March 12, 2024 - Cancelled
March 26, 2024 - Agenda
April 09, 2024 - Agenda
April 23, 2024 - Cancelled
May 14, 2024 - Cancelled
May 29 (Wednesday), 2024 - Agenda
June 11, 2024 - Agenda
June 25, 2024 - Cancelled
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July 09, 2024 - Agenda
July 23, 2024 - Agenda
August 01, 2024 - Agenda August 13, 2024
- Agenda
September 10, 2024
- Agenda
September 24, 2024 - Cancelled
October 08, 2024 - Agenda
October 22, 2024 - Agenda
November 13 (Wednesday), 2024
November 26, 2024
December 10, 2024
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*Agendas are subject to change |
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Volunteer Advisory Committee Meeting Schedule |
Pursuant to the Open Public Meetings Act, N.J.S.A. 10:4-18, notice is hereby given of the regular meetings of the New Jersey Real Estate Voluntary Advisory Committee to be held via the Zoom virtual platform, at 11 a.m. on the following dates (unless and until further notice is given amending this notice):
The link for all meetings is https://www.zoomgov.com/j/1610413107?pwd=aUcxNEZVN1BtQmF4UUMyK2g4MUQzZz09
Meeting ID: 161 041 3107 Passcode: 809039
Dial in (415) 449 4000 US (US Spanish Line)
(551) 285 1373 US (New Jersey)
Be further advised that all scheduled Voluntary Advisory Committee meetings are open to the public and members of the public may access these meetings using the link provided above. All members of the public will be asked to provide their name and any professional affiliation if they wish to be heard on the record. Please note that although this is an open public meeting, you will be admitted into a waiting room and will need to wait for the meeting host to enter you into the actual meeting itself. This will allow for the least amount of interruption.
Please note that meeting location is subject to change. |
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Meetings |
January 04, 2024
February 08, 2024
March 07, 2024
April 04, 2024
May 02, 2024
June 06, 2024 - Notice of Cancellation |
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July 11, 2024
August 2024 - No Meeting
September 05, 2024
October 03, 2024
November 07, 2024
December 12, 2024 |
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Past Agendas |
January 6, 2022 |
January 15, 2015 |
September 11, 2014 |
February 10, 2022 |
February 12, 2015 |
October 9, 2014 |
March 10, 2022 |
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November 20, 2014 |
April 14, 2022 |
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May 12, 2022 |
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