Which of the following actions is NOT a cause for suspension or revocation of a New Jersey real estate license?

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The action of paying a referral fee by a licensed New Jersey broker to a broker in another state is not a cause for suspension or revocation of a New Jersey real estate license because it is a common practice in the real estate industry when brokers refer clients to each other across state lines. As long as the referred service complies with the legal requirements of both states involved and the receiving broker is also properly licensed, this arrangement is typically acceptable.

In contrast, the other situations involve violations of specific ethical or regulatory obligations. For instance, failing to provide a client with a copy of the signed exclusive listing contract can undermine the transparency and trust necessary in the client-broker relationship, which is a violation. Delivering a consumer information statement after a listing presentation can also lead to consequences, as it should be provided beforehand to ensure consumers are fully informed. Lastly, collecting a commission while representing both parties in a transaction without proper disclosure and consent could create conflicts of interest and is a breach of fiduciary duty, warranting severe penalties.

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