New Jersey License Law
Under NJ law, which body has the power to promulgate (create and amend) rules governing real estate licensees?
AThe NJ State Legislature only
BThe NJREC, under authority delegated by the NJ Legislature through the Real Estate License Act✓ Correct
CThe Governor's office
DThe NJ Supreme Court
Explanation
The NJREC has the delegated authority under the Real Estate License Act to promulgate administrative rules and regulations governing licensee conduct, escrow requirements, advertising, continuing education, and other licensing matters.
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State-Specific Concepts
Continuing EducationLicense Law
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