New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 5 - REAL ESTATE COMMISSION
Subchapter 9A - RULES INTERPRETING AND IMPLEMENTING THE NEW JERSEY REAL ESTATE TIMESHARE ACT, N.J.S.A. 45:15-16.50 ET SEQ
Section 11:5-9A.10 - Fees
Current through Register Vol. 56, No. 24, December 18, 2024
(a) All applicants for registration shall pay application fees as prescribed in N.J.S.A. 48:15-16.6 4 and in (e) below.
(b) Any request for approval of a material change in, or an amendment to, an application for registration on the basis of which an order of registration has been issued and/or an order of registration and/or a public offering statement shall be accompanied by a fee of $ 300.00. No fee shall be charged for amendments to applications or proposed public offering statements made prior to the issuance of an order of registration.
(c) In accordance with the provisions of N.J.A.C. 15:3, the Commission shall maintain a copy of every application for registration of a timeshare plan that is currently registered together with all amendments thereto and shall make them reasonably available for public inspection during ordinary business hours at the Commission's office.
(d) All fees paid are non-refundable.
(e) Fees charged pursuant to the Act are listed in the table below:
Description | Fee |
Comprehensive registration | $ 1,000 plus $ 50.00 per timeshare |
interest, up to a maximum of $ 7,500 | |
Preliminary registration | $ 3,000 if filed separately |
Concurrent preliminary registration | $ 500.00 in addition to |
comprehensive or abbreviated | |
registration fee | |
Abbreviated registration | $ 1,000 plus $ 50.00 per timeshare |
interest, up to a maximum of $ 7,500 | |
Amendments to registration | $ 300.00 |
Exemption to market to current owners | $ 300.00 |
Limited exemption | $ 300.00 |
Statutory exemption | $ 100.00 |
(f) The fee for a consolidation filing shall be the same as for a comprehensive or abbreviated registration as set forth in (e) above.