LegalFix
Sign In

Section 45:15-16 - Acceptance of commission, valuable consideration.

NJ Rev Stat § 45:15-16 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

45:15-16 Acceptance of commission, valuable consideration.

45:15-16. No real estate salesperson or broker-salesperson shall accept a commission or valuable consideration for the performance of any of the acts herein specified, from any person except his employer or contracting broker, who must be a licensed real estate broker.

amended 1993, c.51, s.18; 2009, c.238, s.10; 2018, c.71, s.12.

Previous Section
Section 45:15-15 - License fees.
Next Section
Section 45:15-16a - Rebate paid by broker to purchaser.