New Jersey Administrative Code
Title 3 - BANKING
Chapter 18 - FORECLOSURE CONSULTANTS
Subchapter 2 - LICENSE REQUIREMENTS
Section 3:18-2.4 - Application for renewal of a license
Universal Citation: NJ Admin Code 3:18-2.4
Current through Register Vol. 56, No. 18, September 16, 2024
(a) In order to apply to renew a license, a person who holds in good standing a license as a foreclosure consultant shall submit a completed renewal application which shall include the following:
1. The name of the
applicant;
2. The location of the
principal place of business of the applicant;
3. Confirmation that the applicant has bond
coverage as specified in N.J.A.C. 3:18-3; and
4. A certification that all information on
the original application for licensure, and any information subsequently
changed by the applicant in accordance with
N.J.A.C.
3:18-2.2is currently in effect.
(b) No license shall be renewed unless all assessments made upon the licensee in accordance with N.J.A.C. 3:5 that were due and owing as of the expiration date of the current license have been paid.
(c) No license shall be renewed if it is established that grounds for the non-renewal of the license as set forth in 46:10B-55.b exist.
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