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N.J.A.C. 11:5-6.3 — Broker insurance placement provision

NEW JERSEY REAL ESTATE LICENSING LAW LIBRARY

Administrative rules of the New Jersey Real Estate Commission. Browse education, school operations, licensing, business conduct and continuing education.

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. 11:5-6.3

Broker insurance placement provision

Official source ↗

SOURCE TEXT

Where a contract provided by a real estate broker contains a provision to the effect that such broker, in his capacity as a licensed insurance agent or broker, is authorized to place or procure insurance on the property being sold, the licensee benefitting by such a provision shall obtain separate written reaffirmation of such provision by the prospective insured not less than five days prior to the closing of title.

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.