Patricia is a New Jersey real estate broker completing her continuing education for the upcoming renewal cycle. She wants to know whether any of her 12 required CE hours must cover a specific mandatory topic. Under NJREC regulations, which of the following is accurate regarding mandatory CE content for New Jersey licensees?
Correct Answer
D) A core curriculum of specific mandatory topics must be completed, with the remainder as elective hours.
Under N.J.A.C. 11:5-12.4, the NJREC requires that a portion of the 12 continuing education hours consist of a mandatory core curriculum covering specific topics designated by the Commission (such as ethics, agency, and legal updates), with the remaining hours available as electives from an approved course list. Licensees cannot satisfy the full 12-hour requirement with entirely elective courses.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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