An Act concerning real estate broker-salespersons and salespersons, and amending the effective date of P.L.2018, c.71.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Section 29 of P.L.2018, c.71 is amended to read as follows:
29. Section 3 of this act shall take effect immediately and shall apply retroactively to enforce but not change any written agreement between a broker-salesperson or salesperson and a broker where the written agreement defines, sets forth, identifies or provides that the broker-salesperson or salesperson is or was an independent contractor. The remainder of this act shall take effect on January 1, 2018, except the New Jersey Real Estate Commission may take any anticipatory administrative action in advance as shall be necessary for the implementation of this act.
2. This act shall take effect immediately and shall be retroactive to August 10, 2018.
Approved January 18, 2022.