N.J.A.C. 11:5-4.5 — Branch office(s)
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Publisher update: October 5, 2026 · New Jersey Register, Vol. 58 No. 19
Source text checked October 16, 2026. This independent reference reproduces the source compilation at the cutoff shown above; later changes may not yet appear. Check the official source ↗
N.J.A.C. 11:5-4.5
Branch office(s)
SOURCE TEXT
(a) When a broker maintains a branch office or offices, every main office shall comply with N.J.A.C. 11:5-4.4.
(b) A license shall not be issued for a branch office situated in the dwelling premises of a salesperson or a broker-salesperson.
(c) A branch office shall be within the direct supervision of a licensed broker employed as a broker salesperson by the broker maintaining the branch office.
(d) The licensed broker-salesperson must manage the office full- time during usual business hours.
(e) The name of the licensed broker-salesperson responsible for the supervision of the branch office shall be recorded at all times with the Commission.
(f) The broker who maintains a licensed branch office must conspicuously display the name of that broker, address of the branch office, the name of the broker-salesperson licensee as "office supervisor," and the names of all other licensees doing business at that branch office, at all times.
(g) A change of the broker-salesperson supervising a branch office must be reported to the Commission within 48 hours.
Publisher update: October 5, 2026 · New Jersey Register, Vol. 58 No. 19. Text and source checked October 16, 2026. New Jersey Administrative Code, New Jersey Office of Administrative Law.