House in New Jersey

New Jersey Agency Law

This class addresses the importance of Agency Law in New Jersey real estate transactions. It explains the types of agency relationships, how relationships are established, and the responsibilities of the parties involved.

Two CEU Hours

Course Approval #: C20204897

Provider Licence #: P2220282

$9.99

Agency law refers to the body of law that governs the relationship between two parties: a principal and an agent. In this relationship, the principal gives the agent the authority to act on their behalf, and the agent is expected to act in the best interests of the principal.

The relationship between a principal and an agent can arise in many different contexts, including employment relationships, partnerships, and real estate transactions. Agency law governs the duties and obligations of both the principal and the agent, as well as the rights and remedies available to each party in the event of a breach of the agency relationship.

Learning Objectives

  • Recall the importance of Agency Law in New Jersey.
  • Understand the components of an Agency Relationship in New Jersey.
  • Identify the types of agency relationships.
  • Analyze disclosure requirements under New Jersey Law.
  • Recall the responsibilities of the real estate agent and the principal.
  • Evaluate the relationship between an agent and customer.
  • Relate the Agency Relationship and payment of fees.
  • Identify the formation agreements of Agency Relationships.
  • Describe the termination of Agency Relationship under New Jersey Law.

Who will Benefit from this Class

  • Real estate agents and brokers
    who want to stay current on industry trends, laws, and regulations, and need continuing education credits to renew their licenses.
  • Property managers
    looking to enhance their knowledge and skills in handling rental properties.
  • Real estate investors
    seeking to expand their portfolio or improve their investment strategies.
  • Real estate developers and builders
    looking to stay informed on demographic trends and market trends.
  • Housing counselors and advisers
    working with clients on buying, selling, or renting properties.
  • Government and non-profit staff
    involved in housing policy and affordable housing initiatives.
  • Anyone considering a career change
    or advancement in the real estate industry who wants to increase their knowledge and skills.

Participants Should Know

The information provided in this class is intended for educational purposes only and does not constitute legal advice. While the content is designed to enhance the understanding of certain legal concepts, it is not a substitute for professional legal advice

 

Reporting

Education Pathways, LLC will notify the New Jersey Real Estate Commission (NJREC) that the license holder has completed the class. Please allow ten days for your PSI account to update.

 

Renewal Cycle

New Jersey real estate licensees (except Salespersons Referral) are required to complete 12 hours of approved continuing education biennially by April 30. The current CE deadline is April 30 of the odd year, and the license renewal deadline is June 30 of the odd year.

 

Requirements

Continuing Education Requirements for New Jersey Real Estate Salesperson and Broker.

The education must consist of at least 3 hours of Core, 2 hours of Ethics, 1 hour of Fair Housing & NJ Law Against Discrimination, and 1 hour of Agency. The remaining hours can be in elective topics or any mix of the CE course types: Elective, Core, Ethics, Agency, and Fair Housing. Please note that any of the mandatory topics of Agency, Fair Housing, and Ethics can also count as Core.

This course includes:

  • Virtual Access From Any Computer
  • Certificate of Completion
  • Competitive Pricing
  • 100% Satisfaction Guarantee

Frequently Asked Questions About this Class

Can’t find the answer you’re looking for? Reach out to sue@educationpathways.biz.

Yes. There is a test, but there is no set passing grade.

Yes. You may advance through it as slowly or as quickly as you would like.

Yes. A certificate of completion will be emailed to you when you report completion at the end of the class.

The course will be available for twelve months after the date of purchase.

Yes. Course completions are sent within twenty-four hours. It sometimes takes the governing agency a day or two to post the credits to an individual’s account.

FAQs About Our Online Classes in General

Can’t find the answer you’re looking for? Reach out to sue@educationpathways.biz.

Completing an online class is easy, even if your computer skills are not well developed. Instructions are clear.

Classes consist of slides that you may click through at your own pace. There are audio clips, some video instructions, activities like matching, drop and drag, pictures, visuals and case studies. Some classes have pop-up quizzes that are not scored. Some, depending upon the requirements of the agency that governs the industry, have final exams of multiple- choice questions. The classes are easy to take and move quickly, depending upon how fast the Learner wants to proceed.

Some industries require their licensees to maintain a fifty-minute hour of seat time and those slides are timed to assure that the requirement is met.

Yes, if the phone is in the landscape position but this is not the ideal way to enjoy or maximize what you learn from the class. A larger screen works very well and is much better to use. Also, some regulatory agencies prohibit taking continuing education classes on cell phones.

Yes. Here’s how:


  1. Click on “My Account” on top of Education Pathways home page.

  2. Enter the user name and password that you chose when you purchased your first class. Hit “enter” on your keyboard.

  3. Click on “View Course” for the class you would like to complete.


Yes, participants typically have access to course materials, presentations, and resources for twelve months after purchasing the course. This allows for review and reference, ensuring continued learning and application of knowledge.

Education Pathways has a 100% money-back guarantee. Should a learner request a refund before the successful completion of a class not reported as completed, the refund will be processed immediately.

Yes. When you reach the end of the class, you will see the word “Certificate” on the left side of the screen. Click on it to download. The Certificate of Completion will have your name, license number, number of continuing education hours (CEU or PDH) and date of completion. This certificate will remain in the dashboard of your account.

Education Pathways’ courses are approved by your state to fulfill your licensing renewal requirements if your state or profession requires this. Course descriptions and the approval numbers from each state's licensing agency are on the course page.

It is always the responsibility of the professional to determine that they have enrolled in the correct classes to fulfill their requirements. Contact the agency that regulates your industry in your state to confirm your requirements.

Education Pathways has been providing online continuing education classes for more than twenty years. We guarantee that the classes are appropriate for the professions that we serve and that promise is supported by a 100% Satisfaction Guarantee.

Education Pathways’ online classes provide an interactive learning experience that can be completed at your desired speed for a low cost. Learning by reading a book provides a different type of learning methodology at a significantly higher cost. If you want to revisit course information you can do so at any time within one year of purchasing the class. It is also possible to take a screenshot of a slide if you want to revisit it away from your computer.

Yes. If your profession requires that your credits be reported,. Education Pathways will do that promptly, usually within 24 hours. It sometimes takes the governing agency a few days to update your account. If reporting is not required, retain your Certificates of Completion for your records to confirm that you have completed the classes necessary to renew your license.