N.J. Admin. Code § 11:5-6.3 - Broker insurance placement provision

Current through Register Vol. 54, No. 7, April 4, 2022

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.

Notes

N.J. Admin. Code § 11:5-6.3

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