N.J.A.C. 11:5-3.13 — Licensing Bureau forms, instructions, processing times, deadlines

(a) The following forms are utilized by the Licensing Bureau: 1. Original salesperson and salesperson (referral) license application; 2. Original broker/broker-salesperson application; 3. Name change (by license or application); 4. Broker status change; 5. Salesperson, salesperson (referral), or broker-salesperson transfer of license; 6. Broker's Authorized Designee or Power of Attorney; 7. Change of business address; 8. Application for broker license for business entity (includes application for broker of record license); 9. Application for sole proprietor broker license; 10. Application for reactivation within current license term or for reinstatement of salesperson or salesperson (referral) license; 11. Application for reactivation within current license term or for reinstatement of broker-salesperson license; 12. Brokerage firm office closing affidavit; 13. Application for branch office license; 14. Change of branch office supervisor; 15. Change of corporate representative and multiple license; 16. Change of broker of record; 17. Change of corporate title; 18. Corporate license and multiple broker license; 19. Reinstatement of business entity broker license; 20. Reinstatement of sole proprietor broker license; 21. Additional broker of record license to sole proprietor broker; 22. Change of tradename or new tradename; 23. Multiple broker of record license; 24. Temporary broker's license; 25. Change of Broker of Record Affidavit; 26. Individual irrevocable consent to service of process; 27. Corporate irrevocable consent to service of process; 28. Partnership/LLC/other irrevocable consent to service of process; 29. The form to request fingerprint scanning used by the State-contracted vendor; 30. Change of license type; and 31. Registration of entity to receive commission income or other valuable consideration. (b) In addition to the instructions on the forms themselves, separate instructions for the forms related to broker licenses and branch offices are available on the Commission's website. (c) License applications are processed within 15 business days from the date a complete application and associated fees are received. Processing times during the biennial renewal of licenses may vary. License certifications are normally processed within 15 business days from receipt of the request and associated fee. (d) Deadlines for the submission of license applications and other required forms are as follows: 1. Original salesperson, salesperson (referral), broker-salesperson, or broker applications shall be submitted one year from the date on which prelicensure education requirements were completed (see N.J.A.C. 11:5-3.6(c) and 3.8(e); 2. Applications for the reinstatement of a salesperson, salesperson (referral), broker-salesperson, or broker license shall be submitted two years from the expiration date of the last license held, unless exempted pursuant to N.J.S.A. 45:15-9; 3. Brokerage firm office closing affidavit shall be submitted within 30 business days from date of closing (see N.J.A.C. 11:5-3.9(c)); 4. Brokerage firm change of address shall be submitted prior to, or immediately upon, a move to new address (see N.J.S.A. 45:15-12 and 45:15-13); 5. Temporary broker license shall be submitted within 30 business days from date of death or of incapacity of sole proprietor broker or broker of record (see N.J.S.A. 45:15-11.3); and 6. License renewals: i. Initial renewal application shall be submitted by June 30 of the year the license is due to expire (see N.J.A.C. 11:5-3.1); ii. First supplemental renewal application shall be submitted 45 days from date application issued; and iii. Second supplemental renewal application shall be submitted 30 days from date application issued. (e) Late fees are assessed for renewals received after the deadlines referenced at (d)6 above and as set forth at N.J.A.C. 11:5- 3.14.