New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A1861

Introduced
1/11/22  

Caption

Concerns real estate licensees.

Impact

The changes proposed in A1861 could significantly affect how continuing education is delivered and approved in New Jersey. Under the new provisions, real estate organizations will gain more control over their educational offerings, which may promote efficiency and reduce bureaucratic delays. Meanwhile, the bill stipulates that individuals with specific criminal backgrounds, particularly those involving sex offenses, may only be disqualified from obtaining or renewing their licenses if they have not successfully demonstrated rehabilitation. This modification introduces a more rehabilitative and less punitive approach towards license approvals, reflecting the intention to allow reformed individuals the opportunity to reintegrate into the workforce.

Summary

Assembly Bill A1861 seeks to amend laws concerning real estate licensees in New Jersey, specifically focusing on the regulation of continuing education requirements and the licensing criteria based on criminal background. This bill primarily allows real estate organizations composed of more than 50% of licensed brokers, broker-salespersons, and salespersons to have their continuing education courses automatically approved by the New Jersey Real Estate Commission if they adhere to established guidelines, eliminating the need for prior approval by the Volunteer Advisory Committee. The objective is to streamline the process of continuing education while ensuring that all necessary qualifications are met.

Contention

Despite the bill's intent to create a more efficient framework for licensure and continuing education, the implications for public safety remain a point of contention. Opponents may argue that allowing individuals with serious criminal backgrounds, including certain sex offenses, to regain licensure based on rehabilitation criteria could pose risks in a field as sensitive as real estate. Supporters of the bill might contend that this creates a fair chance for rehabilitation and acknowledges the potential for positive change in individuals' lives.

Companion Bills

No companion bills found.

Similar Bills

NJ A1859

Revises laws concerning real estate licensees.

AZ HB2694

Department of real estate; fees

AZ SB1171

Real estate department; licensing; administration

AL HB225

Alabama Real Estate Commission; prelicense, continuing education schools, instructors established and regulated; licenses, approvals established and further provided for; disciplinary authority, certain fees revised

AZ HB2172

Real estate licensees; employers; compensation

AZ HB2624

Timeshare salespersons; licensure

AL HB3

Real estate commission; real estate brokers, companies, salespersons; training, qualifications licensure; penalties for certain licensee conduct; required disclosures, prohibited conduct

AL HB492

Real estate professionals, licensing requirements, limitations and penalties related to duration of residential listing agreements, requirements and penalties related to disclosure of equitable interests in contracts, limits transactions with licensed out of state professionals.