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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
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The sale of an entire inventory is not a bulk sale if it is sold to buyers in a manner that ensures adequate consideration. For example, if a merchant holds an auction sale for the entire contents of the business and the sale is in good faith, the buyer is not required to comply with bulk sales legislation. However, the buyer of a business with ...
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
In addition, administrative law judges (ALJ) of the OAL hold trial-type hearings involving state agencies and the enforcement of agency regulations. [ 2 ] [ 3 ] OAL hearings are held in Newark , [ 4 ] Atlantic City , [ 5 ] and the Trenton area ( Mercerville, Hamilton Township ). [ 6 ]
The exact terms of an agent’s commission vary from sale to sale, and can depend on the region and which firm they work for. Let’s look at an example. A 5 percent commission on a $250,000 home ...
The Walsh Act is a piece of legislation in the U.S. state of New Jersey that permits municipalities to adopt a non-partisan commission form of government. The legislation was signed by Governor of New Jersey Woodrow Wilson on April 25, 1911. The commissions in Walsh Act municipalities are composed of either three or five members elected for ...