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About the New Jersey Real Estate Commission
 

Established in 1921, the New Jersey Real Estate Commission was created to administer and enforce New Jersey's real estate licensing law, N.J.S.A. 45:15-1 et seq. The Commission consists of five members who have been licensed as New Jersey real estate brokers for at least ten years, two public members, and one representative of an appropriate governmental department.

The Commission meets approximately 36 times each year, and frequently acts as a quasi-judicial body rendering decisions on contested license applications and disciplinary actions. It also promulgates rules interpreting and implementing the provisions of the license law and establishing standards of practice for the real estate brokerage profession.

All applicants for licensure as a broker or salesperson must meet the standards for good character and fulfill the educational requirements for licensure established by law, and pass an examination conducted under the supervision of the Commission. The content of the prelicensure education courses is prescribed in regulations adopted by the Commission. The Commission also licenses the schools which provide the courses and the instructors who teach them. Instructors must fulfill educational requirements and pass an examination to qualify for licensure.

The Commission is empowered to conduct investigations, to hold hearings and to revoke licenses and/or otherwise sanction individuals and firms for violations of the license law or its administrative rules. Violations which can result in severe sanctions include commingling or misappropriating escrow monies, making substantial misrepresentations, being convicted of a theft offense, procuring a license by fraud or deceit, and "any conduct which demonstrates unworthiness, incompetency, bad faith or dishonesty."

The Commission also administers and enforces the Real Estate Sales Full Disclosure Act. This law regulates the marketing and sale in New Jersey of real estate interests located in other states and countries. Persons who wish to market such properties in New Jersey must first register their projects with the Commission. In order to qualify for registration, the applicant must demonstrate to the satisfaction of the Commission that they can convey good title to the properties, that full and accurate disclosure of all pertinent information will be made to prospective New Jersey purchasers, and that adequate financial assurances have been established to insure completion of all promised improvements.

Among its many other functions, the Commission also administers the Real Estate Guaranty Fund. This Fund was established by law to protect persons aggrieved by the embezzlement, conversion or unlawful obtaining of property by licensees in a real estate brokerage transaction. It is fully funded by assessments upon licensees and applicants. No taxpayer dollars are credited to the fund.

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General Information
REC Supervisory Staff
Robert Kinniebrew, Executive Director
Patricia Coppel, Deputy Executive Director
Denise M. Illes, Special Assistant to the Director
The New Jersey Real Estate Commission offices are located at 20 W. State St., Trenton, NJ

For general inquiries regarding investigations, subdivided land sales, and regulatory/enforcement issues, contact:

NJ Real Estate Commission
PO Box
328
Trenton, NJ 08625-0328

Phone: 609-292-7272
FAX: 609-292-0944
E-mail: realestate@dobi.state.nj.us
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Licensing Information - REC Supervisory Staff
Karen Silsby, Supervisor, Real Estate Licensing

For licensing inquiries, contact:

Licensing Bureau, Real Estate
NJ Dept. of Banking and Insurance
PO Box
474
Trenton, NJ 08625-0474

Phone: 609-292-7272
FAX: 609-292-6765
E-mail: relic@dobi.state.nj.us
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Education Information - REC Supervisory Staff
Gwendolyn Cobb, Supervisor, Education and Licensing
For prelicensure education, experience (broker) requirements, CE requirements and lists of licensed schools or CE providers contact:

Phone: 609-292-7272
FAX: 609-292-0944
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Subdivided Land Sales Control - REC Supervisory Staff
Robert Carter, Chief
Phone: 609-292-8385
FAX: 609-292-0944
 
Current Real Estate Commission Members
Linda Stefanik
President, Broker, Member since 2010
Eugenia K. Bonilla Vice President, Broker, Member since 2012
Jeffrey A. Lattimer Broker, Member since 2013
Michael Timoni
Broker, Member since 2008
Harold J. Poltrock Public, Member since 2010
 
Real Estate Commission Meeting Schedule
All meetings are held at the Mary Roebling Building, Real Estate Commission Conference Room 220, 2nd floor, 20 West State Street, Trenton, N.J. at 9:30 a.m. on Tuesdays unless otherwise noted.

2014
January 7 (Agenda*)
January
22
CANCELLED
February 4 (Agenda*)
February 19 (Agenda*)
March 4 CANCELLED
March
18
CANCELLED
 
April 1 (Agenda*)
April 29
(Agenda*)
May 6 (Agenda*)
May 20 (Agenda*)
June 3 (Agenda*)
June 17
(Agenda*)
 
July 8 (Agenda*)
July
22 (Agenda*)
August 5 CANCELLED
August 12 CANCELLED
September 10 (Agenda*)
September 12 -
Special Meeting - Noon, 7th floor, conference room #742 (Agenda*)
September 23
 
October 7
October 21
November 6 (Thursday)
November 18
December 2
December 16
*Agendas are subject to change
 
2014 Volunteer Advisory Committee Meeting Schedule

All meetings are held at the Mary Roebling Building, 20 West State Street, Trenton, NJ at 11 a.m. in the 7th floor conference room unless otherwise noted. 

January 9
February 6

March 13

April 10


May 8
June 12

July 10

August 7
(10th floor conference room)
September 11 (Agenda*)
October 9
November 20
(7th floor conference room)
December 4
(10th floor conference room)
*Agendas are subject to change
 
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New Jersey Department of Banking and Insurance