Search results for: sales contract

NJ Realtors® Weekly–Jan. 4

2022 Year in Review In January, we had a call for action regarding independent contractor status. In February, you made your Q1 RPAC investments and placed bids on the auction website. In March, New Jersey Realtors® Contract of Sale was revised. In April, the Seller Property Condition Disclosure Statement was updated. In May, we introduced […]

NJ Realtors® Weekly–Nov. 22

Top Story of the Week Contract of Sale Now Recognizes Drinking Water Advisories NJ Realtors® updated the Contract of Sale this week to recognize drinking water health advisories issued by federal, state, and/or municipal agencies. The update can be found in Section 16. Section 27 was also updated and now includes language pertaining to the failure […]

NJ Realtors® Weekly–Oct.19

Top Story of the Week New Guide to Help You Comply with Advertising Rules New Jersey Realtors® and the New Jersey Real Estate Commission worked hand-in-hand to create New Jersey Real Estate Business Card Guidelines, an advertising guide with everything you need to know about NJ real estate agents’ business cards. It includes requirements for agent […]

Lead Paint Q&A

The answers to the following questions were provided by the New Jersey Department of Community Affairs as a resource for our members and do not, and are not intended to, constitute legal advice by New Jersey Realtors®. Questions on Inspection Requirements What kinds of properties are subject to the law? The law applies to single-family, […]

Terms of Service

—- OVERVIEW This website is operated by New Jersey Realtors®. Throughout the site, the terms “we”, “us” and “our” refer to New Jersey Realtors®. New Jersey Realtors® offers this website, including all information, tools and services available from this site to you, the user, conditioned upon your acceptance of all terms, conditions, policies and notices […]

Hiring a REALTOR® vs. For Sale by Owner

Having lived in your home for years, if not decades, there’s no arguing that you know the ins-and-outs of your current residence better than anyone else. However, that doesn’t mean that you’re going to be the best person to sell your home when you decide to move. Though tempting, For Sale By Owner transactions are […]

Educational Opportunities to Complete Your CE Requirement

Maintaining your real estate license requires more than just filing for renewal every two years. Every individual licensed as a broker, broker-salesperson or salesperson must complete 12 hours of continuing education credits to qualify for renewal on July 1, 2015. At least six of the 12 must be obtained in the core topic areas. The […]

Private Well Testing Act

Private well testing has been a legal part of NJ real estate sales since 2002. The Private Well Testing Act decrees a minimum testing requirement for potable water samples taken from private wells prior to the closing of a title. The Act also states that, when property with certain types of drinking water wells is leased, […]

Homebuying Process

The Guide to Purchasing Your Dream Home Step 1: Examine your finances Consider your income and the total of your other debt payments (like credit card debt or car payments) when deciding if you can afford to purchase your own home. Think about how much money you can use for a down payment. Many experts […]

State Issues

Each year in New Jersey, bills and amendments are proposed that affect the real estate industry. The government affairs department keeps a sharp eye on Trenton to monitor and advocate in the best interest of Realtors®. NJ Realtors® has been extremely effective in making the voice of Realtors® heard in the state capitol. Learn more about […]