Enhance Your Real Estate Career Through Ongoing Education With the American School of Business

Requirements 

Real Estate salespersons, broker-salespersons, and brokers must complete 12 hours of CE per licensing cycle to renew their license for the next licensing cycle. At least six of the 12 hours must be on the following core topics, of which each topic except ethics must have an ethics component relating to the topic: 

• Agency 
• Disclosure 
• Legal Issues (i.e., listing agreements, contracts, leases, attorney review) 
• Ethics
• Fair Housing and New Jersey Law Against Discrimination
• New Jersey Real Estate Broker and Salesperson Statues and Regulations 
• State and Federal Environmental Laws and Regulations
• Legal Requirements on Escrow Monies and Financial Recordkeeping
  

Completion of 12 credit hours of CE applicable to the license term

At least six of the twelve credits must be obtained in courses within the "core." The six shall include at least two credit hours on ethics and at least one credit in Fair Housing & New Jersey Law Against Discrimination. The remaining six credits can be electives or core.

Successful completion of one or more broker pre-licensure education courses (within the license term), as set forth in NJAC 11:5-2.1, shall fulfill CE requirements for renewal.

The following topics are deemed as approved for Elective Courses: 

• Commercial Real Estate 
• Property Management 
• Seasonal Rentals 
• Real Estate Sales Full Disclosure Act and Real Estate Timeshare Act Financing Land Use 
• Real Estate Valuation 
• Foreclosure and Short-Sale Transactions 
• Specific Aspects of Residential Real Estate Transactions 
  

Also, completion of the Broker pre-licensure course by real estate licensees will be equivalent to completing the 12 hours of CE for the licensing cycle in which the broker pre-licensure course is taken. Licensees completing this course will not be required to take any CE course to fulfill the requirement. 

Licensees initially licensed in the first year of a real estate licensing cycle will be required to complete CE requirements to relicense for the next cycle (i.e., a licensee who obtained their license before July 1st, 2022, will be required to meet CE requirements to relicense for the cycle beginning July 1st, 2023)

Licensees initially licensed in the second year of a real estate licensing cycle will not be required to complete any CE requirements to relicense for the next cycle (i.e., a licensee who obtained their license after July 1st, 2022, will not be required to complete CE requirements to relicense for the cycle beginning July 1st, 2023). 

CE courses will only count for credit one time during each licensing cycle. The NJREC requires you to complete all of your CE requirements by 4/30/23 to avoid a late filing fee of $200.