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Spotlight E-Newsletter - June 1, 2015 
In This Issue
Quick Links
Real Estate Commission RULES
If any member would like to purchase a copy of The New Jersey Real Estate License Act Statute and Rules (revised 10/2014) from the New Jersey Real Estate Commission, you may do so at a cost of $10 with no shipping cost, by contacting MCAR at 732-442-3400.
TENANT REPORTS DISCOUNT

 $5 Discounts offered on bundled tenant screening reports at  www.TenantReports.com/MCAR.  MCAR members can receive a $5 discount on online Tenant Screening Bundle reports.  The Statewide Bundle includes credit summary with FICO Score, SSN verification, criminal background check, sex offender search and eviction report for only $20 (cost is $25 with no discount).   To receive the discount, go to www.TenantReports.com/MCAR  

ONLINE CE CLASSES  

AT THE CE SHOP - SAVE 20% NOW 

Visit middlesex.theceshop.com and click on NJ to start taking online NJREC CE classes.

Enter Promo Code: JUN20 to receive 20% off your enrollment.  Expires 6/30/15. 
   
WAYS TO COMPLETE THE REALTOR� ETHICS TRAINING FOR CYCLE 4 - BETWEEN YEARS 2013 AND 2016 
You can complete the REALTOR� Ethics Training for Cycle 4 (2013-2016) by the deadline of 12/31/2016 as required by the Middlesex County Association of REALTORS� (MCAR) several ways. Some of the classes also are approved for continuing education (CE) credit as required by the New Jersey Real Estate Commission (NJREC).  Click here for the UPDATED informational flyer.   
MCAR FACEBOOK GROUP
Join the Middlesex County REALTOR� Group. Don't miss out on Upcoming Events, CE Classes and many member benefits. Click the link below and then click
Join Group in the top-right corner.

https://www.facebook.com/groups/1605360366349426/   

JUNE 8 - NEW CFPB RULES SEMINAR
Learn about IMPORTANT CHANGES TO MORTGAGES coming on August 1 .

Understanding the CFPB Rule on Integrated Disclosures

Presented by Christine Harashinski of Stewart Title

 

Monday, June 8, 2015

The Rosewood- 2863 Woodbridge Avenue, Edison, NJ 08837

8:30am-9:00am Registration & Continental Breakfast

9:00am-9:30am Membership Meeting

9:30am-12:00pm Program

Cost: $15 for MEMBERS ($25 for non-members)

Pre- Registration required. No refunds. Registration non-transferable.


The rule to integrate, simplify and improve consumer disclosures given in mortgage transactions was created in response to the Consumer Financial Protection Bureau's (CFPB) mandate to make it easier for consumers to shop for mortgages and protect them from costly surprises at their closing. The CFPB released the final rule on November 20, 2013. The rule goes into effect this year with applications submitted on or after August 1, 2015, being subject to the new rule.   

 

Topics of Discussion

         Background of how we got to where we are today

         The rule on simplified and improved mortgage disclosures

         The new disclosure forms required under the rule

         Impacts  of the rule on the closing process

 

To register, go to www.middlesexrealtor.com and click on CFPB Rule under Upcoming Events.

 

SPONSORS

Libby Hontz and Tom Perone of Everbank

Martin Grant of Gateway Funding  

 

NJREC CONTINUING EDUCATION APPROVED: 2 elective credits for 2013-2015 licensing cycle 

JUNE 12- DAY AT THE RACES

Get out of the office one day to enjoy the races and have some lunch.

 

Friday, June 12, 2015 beginning at 11:30am

Horses race from 12:50pm to 4:30pm

 

Monmouth Park Racetrack

175 Oceanport. Ave., Oceanport, NJ 07757
The Grove Area.  Enter through The Clubhouse Gate.

Cost: $25.00 per person (Buy 4 and earn a credit for NJR Circle of Excellence).

Money collected for the ticket sales will be forwarded to the REALTORS� Political Action Committee (RPAC).

Cost includes: Admission to the park, program and lunch.Parking not included in cost.

 

To register, go to www.middlesexrealtor.com and click on Day at the Races under Upcoming Events.    

 

SPONSOR: Bishoi Nageh of Petra Cephas: Residential Mortgage Brokers


Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS� or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by RPAC of New Jersey to support state and local political candidates. Until RPAC of New Jersey reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after RPAC of New Jersey reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.

AUGUST 11- GOLF OUTING

Tuesday, August 11, 2015

Knob Hill Golf Club - 1 Shinnecock Drive, Manalapan, NJ 07726


Don't miss this opportunity to play golf with your colleagues at the incredible price of ONLY $95.00. You may register a foursome but the price remains the same per golfer. Cost for those who wish to attend but will not be golfing is $40.00.

 

SCHEDULE

7:00am-8:00am - Registration and breakfast

8:00am - Modified Shotgun

12:30pm - Lunch, cash bar and prizes

 

Cost:  $95.00

Price includes breakfast, lunch, green fee, electric golf cart, practice facilities, bag attendants, club cleaning service and use of locker rooms. Beverage carts will be available on a cash basis.  Prizes to be awarded.

 

Affiliates can sponsor a hole at a cost of $100.  If interested, contact MCAR at (732) 442-3400.

 

To register, go to www.middlesexrealtor.com and click on Golf Outing under Upcoming events. 

CODE OF ETHICS:  8 MINUTE VIDEO - ARTICLE  12
Short 8-minute video segments that cover the Preamble, Articles and many Standards of Practices.  Perfect for office meetings and training.  The videos are important reminders of the obligations established in the Code of Ethics.

MIDDLESEX COUNTY ASSOCIATION OF REALTORS� MISSION STATEMENT

The mission of the Middlesex County Association of REALTORS� is to keep our diverse membership at the forefront of the
industry, to foster cooperation and enable our members to better serve the public through the promotion of the NAR Code of Ethics and the education of our members.

 

To accomplish this mission, the Middlesex County Association of REALTORS� supports its members by providing them with the services and products they require to operate professionally.