Dates / numbers Flashcards
1
Q
Date- Dower and Curtesy rights were abolished
A
May 28, 1980
2
Q
Date- NJ Horizontal Property act/Condominium Act - the laws that authorize the creation of and the regulation of condominiums in NJ
A
1969 - Condominium Act of 1969
3
Q
How long does broker have to keep records?
A
6 years
4
Q
How long does Broker have to pay a salesperson
A
within 10 business days
5
Q
How long does broker have to deposit funds into a general business/trust account?
A
within 5 business days
6
Q
How long does a broker have to prepare a comprehensive accounting for a terminated salesperson
A
30 business days
