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8/18 - Revised Attorney General Memorandum

The Attorney General's memorandum outlines the New Jersey Law Against Discrimination to ensure that equal housing opportunities are provided for all. New Jersey property owners need to be aware of the federal and state laws against discrimination, regardless of residential or commercial purposes.

The law requires that at the time of taking any listing of real estate property, a licensee shall provide the owner with a copy of a summary of the New Jersey Law Against Discrimination N.J.S.A. 10:5-1 et seq. - commonly known as the Attorney General's memorandum. The purpose of the memorandum is to help owners, as well as licensees, comply with the New Jersey Law Against Discrimination and federal laws that prohibit discrimination in the sale or rental of real estate.

5/18 - UPDATED Wire Fraud Notice
  • The New Jersey Realtors® Wire Fraud Notice has been updated to be used with the New Jersey Realtors® Standard Form of Real Estate Sales Contract, Form #118 or the Residential Lease Agreement, Form #125 to alert sellers/landlords, buyers/tenants. The form now prints automatically as the last page of the Contract and Lease Agreement.
  • Education and directly speaking to all parties in a real estate transaction are the best tools to avoid being a victim. To help avoid this situation, the Wire Fraud Notice is an educational piece to give to clients in a real estate transaction.
2/1/18 - New Wire Fraud Notice
  • Education and directly speaking to all parties in a real estate transaction are the best tools to avoid being a victim. To help avoid this situation, the Wire Fraud Notice is an educational piece to give to clients in a real estate transaction.
1/25/18 - Revised Statewide NJ Realtors® Standard Form of Real Estate Sales Contract, Form 118 now available. Updates include:
  • Section 21. Bulk Sales (new language highlighted):
    Line 463/464- New language, "The Law does not apply to the sale of a simple dwelling house, or the sale or lease of a seasonal rental property, if Seller is an individual, estate or trust, or any combination thereof, owning the simple dwelling house or seasonal rental property as joint tenants, tenants in common or tenancy by the entirety."
  • The date on the bottom of all pages is now 1/18.
Past Updates
5/5/17 - Revised Statewide NJ Realtors® Standard Form of Real Estate Sales Contract, Form 118 is now available! Updates include:
  • Page 4, new subsection (A) in Section #8, "Additional documents from lenders or other property owners.
  • Page 12, Section #35, ATTORNEY-REVIEW CLAUSE: (3) Notice of Disapproval-To comply with the recent Supreme Court Opinion the language in (3) has been updated to delete telegrams, certified mail and include emails, faxes and overnight delivery as methods to send the notice of disapprovals to the brokers.
  • New date on the bottom of Form 118 is 4/17.
5/5/17 - Revised NJ Realtors® Residential Lease Agreement, Form 125 is now available! Updates include:
  • Page 5, Section #33. ATTORNEY-REVIEW CLAUSE: (3) Notice of Disapproval-To comply with the recent Supreme Court Opinion the language in (3) has been updated to delete telegrams, certified mail and include emails, faxes and overnight delivery as methods to send the notice of disapprovals to the brokers.
  • New date on the bottom of Form 125 is 4/17.
10/21/16 - Revised Residential Lease Agreement (Form 125) is now available! Updates include:
  • Revised Section #43: Security Cameras-Removed Applicable/Not Applicable Boxes and added a new sentence- Lines 352-354 pertaining to common areas;
  • Section #45-OTHER LEASE PROVISIONS, IF ANY,-This Section has been increased with additional space.


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FAQs

Why is NJ REALTORS® switching forms platform vendors?

We strive to provide the best programs and services for our members. At the 2015 National Association of Realtors® Annual Convention, NAR leadership announced an exciting new partnership with zipForm, a company that is REALTOR® owned, to offer their forms platform as a free member benefit to all 1.1 million NAR members.

How does this affect me?
What features/upgrades are included in this offering?

Below are features included free for all New Jersey REALTORS® members:

  • zipForm Plus - Online Forms Platform
  • zipForm Digital Ink - Unlimited E-Signatures
  • zipTMS - Transaction Management System

And for brokers:
  • zipForm Plus Broker Team - Brokerage Management Features (coming soon)

How do I access the new platform?
What if I paid for an upgrade to FormSimplicity?
What are the software requirements?