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Practice Of Real EstateLicense_lawMEDIUM

Linda is a licensed real estate salesperson in Pennsylvania who has just moved to New Jersey. She wants to continue working in real estate. A New Jersey broker offers to hire her immediately. Under New Jersey law, which of the following correctly describes Linda's licensing options?

Correct Answer

B) Linda must apply for a New Jersey license and may be eligible for a waiver of the pre-licensure education requirement based on her Pennsylvania license.

New Jersey offers reciprocity or waiver arrangements with certain states, including Pennsylvania, allowing licensees from those states to apply for a New Jersey license without completing the full pre-licensure education course, provided they meet New Jersey's other requirements. Linda must still apply to the NJREC and pass the New Jersey state portion of the examination, but she may be eligible to waive the pre-licensure education hours. She cannot work in New Jersey on her Pennsylvania license alone.

Answer Options
A
Linda may work immediately under the New Jersey broker using her Pennsylvania license under an automatic reciprocity agreement.
B
Linda must apply for a New Jersey license and may be eligible for a waiver of the pre-licensure education requirement based on her Pennsylvania license.
C
Linda must complete the full 150-hour New Jersey salesperson pre-licensure course and pass the full New Jersey examination with no waivers available.
D
Linda may work for up to 90 days using her Pennsylvania license before she must obtain a New Jersey license.

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Related Topics & Key Terms

Key Terms:

reciprocityout_of_state_licenselicense_requirementseducation_waiver

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