What government entity was created for the purpose of administering and enforcing real estate

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History

The Nebraska Real Estate License Act was first passed in 1935, and became effective January 1, 1936.  The Act was initially administered and enforced by the Nebraska Secretary of State.  In 1943 the Nebraska Real Estate Commission was created by an act of the Legislature (Laws 1943, c. 171 §§1-26), the Commission then consisted of four appointed members, one from each Congressional District, and the Secretary of State, who then, as now, served as Chair of the Commission.  Each of the appointed members was required to be an active and licensed real estate broker.   In 1973 the Act was amended significantly and membership was expanded to the current seven Commissioners.    In 1985 continuing education was made mandatory for all licensees, in 1991 errors and omissions insurance was made mandatory, and in 1994 legislation clearly delineating the roles and responsibilities of limited seller's and buyer's agents was passed by the legislature.

Commission Comment Newsletter

Published Quarterly, the Commission Comment Newsletter is the official publication of the Nebraska Real Estate Commission.  The Comment covers current industry and compliance issues, regulatory changes, and more.  Click here for current and archived issues of the Commission Comment.

 Current Commission  

The seven member Nebraska Real Estate Commission is chaired by the Secretary of State and consists of six other members appointed by the Governor.  There is one broker member appointed from each of the three Congressional Districts, one broker member appointed at large, one salesperson member and one member appointed to represent the public.  The Commission meets approximately once a month and reviews licensing, education disciplinary and other policy matters.  Although the licensing and regulation of real estate salespersons and brokers is still the primary duty of the Commission, their duties have been expanded over the years to include the registration of subdivided land development, time-shares, retirement communities and membership campgrounds, please click on the “legal” tab above for more information about the various duties and laws which the Commission Administers. 

Commission Staff

The Real Estate Commission has eleven staff members, including the Director, who is appointed by the Commission, the Deputy Director, Deputy Director for Enforcement, three trust account examiners and five administrative staff.

Further Information on Commissioners, Commission Meetings, and Commission Staff can be found by using the navigation tabs to the left.

		Home > NJ Real Estate Commission New Jersey Real Estate Commission E-mail general questions to: Established in 1921, the New Jersey Real Estate Commission (REC), a division of the New Jersey Department of Banking and Insurance, was created to administer and enforce New Jersey's real estate licensing law, N.J.S.A. 45:15-1 et seq. The REC issues licenses to real estate brokers and salespersons, real estate schools, and course instructors, as well as establishes standards of practice for the real estate brokerage profession. It also regulates and registers out-of-state sales through New Jersey brokers.     2021-2023 License Cycle: Updated Continuing Education Requirements and License Renewal The Fair Housing Continuing Education (CE) requirement has been implemented and is required to qualify for license renewal in the 2021-2023 license cycle and all future license cycles. All individual licensees (except Salespersons Referral) must complete a minimum of 1 Hour of Fair Housing in the Core category in order to fulfill their CE requirements. The next license renewal will be in 2023. The late CE processing fee deadline is April 30, 2023, and the Licensing Renewal Cycle deadline is June 30, 2023. All licensees should check to ensure compliance with CE when the renewal system opens. Continue to check the website frequently for details and updates.   Online Submission of Original Applications - Salespersons and Brokersalespersons     Important Licensee Information Regarding Housing Discrimination Laws Acting Attorney General Andrew J. Bruck has updated the Letter to Property Owners concerning housing discrimination.  It is required by N.J.A.C. 11:5-6.4(j) that real estate licensees supply a property owner with this letter, when accepting a listing of property for sale or rental.     ALL NJ REFERRAL AGENT (RA) APPROACHING YOUR 6 YEAR ANNIVERSARY DATE (Which RA profile below describes you?) RA TO RETURN TO ACTIVE SALES REMAIN AS RA ALREADY CHANGED LICENSE TYPE 1.) Verify your 6-year RA Anniversary Date (mm/dd/yyyy) NOTE: If exact date not known, contact NJREC at (609) 292-7272 Do nothing.  CE is not currently required for RA’s. As a full-time licensee, complete all CE, required for license renewal, by 04/30/2023. 2.) Complete required CE to change license type. See CE RA chart for CE amounts to be completed. NOTE: Use CE types Core or Ethics only 3.) Work with Broker of Record (BOR) only to change (on-line) RA to active Salesperson (SP) or Broker (BR) license type. NOTE: BOR cannot change license type until CE Provider/Instructor loads CE in PSI/NJREC CE database then wait another 24 hours to be loaded into NJREC Licensing database. 4.) Full-time licensee can change license type back to RA after 48 hours, if desired. Hot Topics for Licensees

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