agency

Consumer Information Statement (CIS)

New Jersey's mandatory disclosure under N.J.A.C. 11:5-6.9 describing the business relationships a licensee may have: seller's agent, buyer's agent, disclosed dual agent, designated agent within dual agency, and transaction broker. It applies to residential sales of one-to-four-unit properties and vacant one-family lots, residential leases and brokerage agreements on them. The licensee first describes the relationships verbally before discussing motivation, finances or price; buyers receive the written CIS no later than the first showing.

Exam tip: Handing out the CIS does not create dual agency consent; a separate signed informed consent is required. The latest point to give a buyer the CIS is the first showing.
Example: An agent meets a buyer for coffee to talk about her budget; before that discussion starts, he explains the relationships and hands her the written CIS.

1. In New Jersey, a licensee must provide the Consumer Information Statement (CIS) in transactions involving:

Answer & explanation

Answer: A. The CIS is required for 1-4 family residential sales/rentals and vacant one-family lots. Short-term rentals (125 days or less) and commercial properties are excluded.

Related terms & state variants

agency disclosure designated agency dual agency transaction broker Consumer Information Statement (CIS) (DE)

Sources

Source verification pending. Confirm current requirements with your state regulator.

Last verified: 2026-10-23