New Jersey A862 mandates text message disclosures for unlicensed real estate solicitations.

New Jersey A862 requires individuals not licensed by the New Jersey Real Estate Commission to send a separate text message to homeowners before soliciting the sale of a home. This text must state that the sender is not a licensed real estate agent, the name of their employer, and that the message is a solicitation. Violators face penalties of up to $5,000 for the first offense and $10,000 for subsequent offenses, enforced by the Division of Consumer Affairs.

New Jersey A862 mandates text message disclosures for unlicensed real estate solicitations.

New Jersey A862 requires individuals not licensed by the New Jersey Real Estate Commission to send a separate text message to homeowners before soliciting the sale of a home. This text must state that the sender is not a licensed real estate agent, the name of their employer, and that the message is a solicitation. Violators face penalties of up to $5,000 for the first offense and $10,000 for subsequent offenses, enforced by the Division of Consumer Affairs.