Legal Opinion
Mortgage Bankers Ass'n v. New Jersey Real Estate Commission
Supreme Court of New Jersey
Decided April 8, 1986PublishedCited by 18 opinions
1Opinion of the Court
The opinion of the Court was delivered by
STEIN, J.
In this case we are asked to consider the validity of a declaratory ruling by the New Jersey Real Estate Commission (Commission) that N.J.S.A. 45:15-17(i) 1 does not preclude a real estate brokerage firm that earns a commission from the seller in a real estate transaction from also receiving compensation for its role in placing or originating the mortgage financing necessary to consummate the real estate transaction. In a split decision, the Appellate Division reversed the Commission, holding that N.J.S.A. 45:15—17(i) prohibits a real estate…
2Cases cited17 opinions
- Mayflower Securities Co. v. Bureau of SecuritiesSupreme Court of New Jersey · 1973
- Metromedia, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
- International Harvester Co. v. RuckelshausCourt of Appeals for the D.C. Circuit · 1973
- Service Armament Co. v. HylandSupreme Court of New Jersey · 1976
- City of Hackensack v. WinnerSupreme Court of New Jersey · 1980
12 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Franklin v. New Jersey Department of Human ServicesSupreme Court of New Jersey · 1988
- County of Essex v. WaldmanNew Jersey Superior Court Appellate Division · 1990
- In Re Petition of Adamar of New Jersey, Inc.New Jersey Superior Court Appellate Division · 1988
- Maticka v. City of Atlantic CityNew Jersey Superior Court Appellate Division · 1987
- Midlantic Nat. v. Peerless Ins.New Jersey Superior Court Appellate Division · 1992
13 more not listed; retrieve them via the Exa API.