N.J.S.A. 45:15-35 — Additional amount payable upon initial issuance of license.
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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. 45:15-35
Additional amount payable upon initial issuance of license.
SOURCE TEXT
2. Upon the initial issuance of a biennial license as a real estate broker, broker-salesperson, or salesperson the licensee shall pay to the commission, in addition to the license fee fixed by R.S.45:15-15, an additional amount to be forwarded by the commission to the State Treasurer and accounted for and credited by him to the real estate guaranty fund. The additional amount payable by a broker or broker-salesperson shall be $20 and by a salesperson, $10.
L.1976, c.112, s.2; amended 1993, c.51, s.36; 1996, c.38, s.4; 2009, c.238, s.18; 2018, c.71, s.24.
Legislature compilation: through P.L.2026, c.30 and J.R.1. Text and source checked October 16, 2026. New Jersey Legislature, unannotated statutes.