The New Jersey Notice of Proposed Auctioneer Compensation is a document that informs the public of the proposed compensation for an auctioneer or auction house in the state of New Jersey. It outlines the fees, commissions, and other payments that the auctioneer or auction house would receive for their services, as well as any other terms and conditions that may be applicable. The Notice of Proposed Auctioneer Compensation must be filed with the Secretary of State of New Jersey prior to any auction. There are two types of New Jersey Notice of Proposed Auctioneer Compensation: one for a one-time auction and one for a multiple-auction contract. The one-time auction Notice of Proposed Auctioneer Compensation must include the name of the auctioneer, the date and location of the auction, the estimated value of the property to be sold, the type of auction to be held, the estimated time of the auction, the type of compensation to be paid, and any other applicable terms and conditions. The multiple-auction contract Notice of Proposed Auctioneer Compensation must include the name of the auctioneer, the estimated value of the property to be sold, the type of auction to be held, the duration of the contract, the estimated time of the auctions, the type of compensation to be paid, and any other applicable terms and conditions.