New Jersey License Law
Under NJ law, an unlicensed person who performs acts requiring a real estate license is subject to:
AOnly a request to stop the activity
BCriminal penalties, civil fines, and any compensation received may be unrecoverable✓ Correct
CAutomatic licensing after they complete the work
DOnly civil liability to harmed parties
Explanation
Practicing real estate without a license in NJ is a criminal offense. Unlicensed persons face fines and potential criminal prosecution.
People Also Study
Related New Jersey Questions
- Under NJ license law, a person who acts as a real estate broker without a license is subject to:New Jersey License Law
- NJ license law prohibits a licensed salesperson from accepting compensation for real estate services from anyone other than:New Jersey License Law
- A NJ broker who is found to have paid a referral fee to an unlicensed person for steering a client to the broker may be subject to:New Jersey License Law
- In NJ, an unlicensed person who receives compensation for negotiating a commercial lease:New Jersey License Law
State-Specific Concepts
License Law
Practice More New Jersey Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Jersey Quiz →