45:15-19 - Cause for revocation of license - New Jersey Statutes

45:15-19  Cause for revocation of license.

45:15-19.  Any unlawful act or violation of any of the provisions of R.S.45:15-1 et seq., by any real estate broker-salesperson, salesperson or referral agent, shall not be cause for the revocation of any real estate broker's license, unless it shall appear to the satisfaction of the commission that the real estate broker employing such licensee had guilty knowledge thereof. 

Amended 1993, c.51, s.26; 2009, c.238, s.13.