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Practice Of Real EstateLicense_lawMEDIUM

Licensed New Jersey broker Sandra is found by the NJREC to have engaged in blockbusting by telling homeowners in a Newark neighborhood that property values will decline because families of a particular national origin are moving in. After a formal hearing, which of the following sanctions can the NJREC impose on Sandra?

Correct Answer

C) The NJREC can suspend or revoke Sandra's license and may impose a monetary fine of up to $10,000 per violation.

Under N.J.S.A. 45:15-17 and related NJREC disciplinary provisions, the Commission may suspend or revoke a license and impose civil penalties of up to $10,000 per violation for misconduct including discriminatory practices such as blockbusting. The $10,000 per-violation cap reflects the NJREC's authority under the License Act as amended.

Answer Options
A
The NJREC can only issue a written reprimand; monetary fines require a separate civil court action.
B
The NJREC can suspend or revoke Sandra's license and may also impose a monetary fine of up to $5,000 per violation.
C
The NJREC can suspend or revoke Sandra's license and may impose a monetary fine of up to $10,000 per violation.
D
The NJREC can only refer the matter to the New Jersey Division on Civil Rights and has no independent authority to impose sanctions.

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Related Topics & Key Terms

Key Terms:

blockbustingdisciplinary_sanctionsmonetary_finesnjrec_authority

Related Concepts

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