Loading chat...
NJ A862
Bill
Status
1/13/2026
Primary Sponsor
Gerard Scharfenberger
Click for details
AI Summary
-
Unlicensed individuals sending text messages to homeowners about selling their homes must first send a separate disclosure text stating they are not licensed by the New Jersey Real Estate Commission, their employer's name, and that the message is a solicitation
-
Penalties for violations are up to $5,000 for the first offense and up to $10,000 for subsequent offenses, enforced by the Division of Consumer Affairs
-
The Division of Consumer Affairs must develop a public education program to inform licensed real estate professionals and homeowners about the new requirements and potential fraudulent text solicitation activity
-
The law takes effect seven months after enactment
Legislative Description
Requires text messages soliciting home owners to provide notice when individuals sending solicitations are not licensed by New Jersey Real Estate Commission.
Regulated Professions
Last Action
Introduced, Referred to Assembly Regulated Professions Committee
1/13/2026