New Jersey § 45:15-3
Full text of New Jersey New Jersey Statutes § 45:15-3, with citation guidance and answers to common questions.
§ 45:15-3.
A duly licensed real estate broker of this State may pay a referral fee or referral
commission to a person not licensed if the person is a licensed real estate broker
of another jurisdiction in which the licensed broker maintains a bona fide office. A licensed real estate broker of another jurisdiction may make a referral, receive
a referral fee or referral commission, and bring or maintain an action in the courts
of this State against a duly licensed real estate broker of this State for the collection
of the fee or commission. For the purposes of this section, “ referral ” means the introduction, assisting, or directing of a person by one broker to another
broker for real estate brokerage services, aid, or information; “ referral fee ” or “ referral commission ” means the compensation paid or received for the referral.
Frequently Asked Questions About New Jersey § 45:15-3
What does New Jersey Statutes § 45:15-3 cover?
Section 45:15-3 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 45:15-3?
A common citation format is "New Jersey Statutes § 45:15-3" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 45:15-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.