Statutes, codes, and regulations
New Jersey Administrative Code
Title 12 - LABOR AND WORKFORCE DEVELOPMENTChapter 16 - CONTRIBUTIONS, RECORDS, AND REPORTS
Subchapter 11 - SPECIAL EMPLOYMENT SITUATIONS
Section 12:16-11.1 - Real estate managing agents

N.J. Admin. Code § 12:16-11.1

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Current through Register Vol. 56, No. 11, June 3, 2024
Section 12:16-11.1 - Real estate managing agents
(a) An individual working for an agent of a property owner is an employee of the property owner, if the agent operates on a fee plus expenses basis. This type of arrangement gives the agent a fee plus reimbursement of all operating expenses on a dollar for dollar basis.
(b) An individual working for an agent of a property owner is an employee of the agent, if the agent operates on a flat fee basis. This type of arrangement gives the agent a flat fee rather than reimbursing expenses on a dollar for dollar basis.

N.J. Admin. Code § 12:16-11.1

Amended by R.1995 d.138, effective 3/6/1995.
See: 27 New Jersey Register 61(a), 27 New Jersey Register 919(a).