New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 5 - REAL ESTATE COMMISSION
Subchapter 6 - CONDUCT OF BUSINESS
Section 11:5-6.3 - Broker insurance placement provision
Universal Citation: NJ Admin Code 11:5-6.3
Current through Register Vol. 56, No. 6, March
18, 2024
Where a contract provided by a real estate broker contains a provision to the effect that such broker, in his capacity as a licensed insurance agent or broker, is authorized to place or procure insurance on the property being sold, the licensee benefitting by such a provision shall obtain separate written reaffirmation of such provision by the prospective insured not less than five days prior to the closing of title.
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