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N.J.S.A. 45:15-3.2 — Written agreement.

NEW JERSEY REAL ESTATE LICENSING LAW LIBRARY

The New Jersey real estate licensing statutes. Browse license qualifications, education, brokerage duties and related provisions.

Legislature compilation: through P.L.2026, c.30 and J.R.1

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.S.A. 45:15-3.2

Written agreement.

Official source ↗

SOURCE TEXT

3. a. No broker-salesperson or salesperson shall commence business activity for a broker and no broker shall authorize a broker-salesperson or salesperson to act on the broker's behalf until a written agreement, as provided in this subsection, has been signed by the broker and broker-salesperson or salesperson. Prior to an individual's commencement of business activity as a broker-salesperson or salesperson under the authority of a broker, the broker and broker-salesperson or salesperson shall both sign a written agreement which recites the terms under which the services of the broker-salesperson or salesperson have been retained by the broker.      b.   Notwithstanding any provision of R.S.45:15-1 et seq. or any other law, rule, or regulation to the contrary, a business affiliation between a broker and a broker-salesperson or salesperson may be that of an employment relationship or the provision of services by an independent contractor. The nature of the business affiliation shall be defined in the written agreement required pursuant to subsection a. of this section.      L.2018, c.71, s.3.

Legislature compilation: through P.L.2026, c.30 and J.R.1. Text and source checked October 16, 2026. New Jersey Legislature, unannotated statutes.