New Jersey § 45:15-35 Additional amount payable upon initial issuance of license.

New Jersey Statutes

§ 45:15-35 — Additional amount payable upon initial issuance of license.

New Jersey § 45:15-35

Title 45PROFESSIONS AND OCCUPATIONS

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Bluebook

N.J. Stat. Ann. § 45:15-35 (2026).

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.

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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.