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NOTARMASO v. GOODMAN

763 A.2d 1283 (2000)

Michael NOTARMASO and Kathleen Notarmaso, Plaintiffs, v. Richard GOODMAN and Kathleen Goodman, Individually and d/b/a Richard's Realty, the New Jersey Real Estate Commission, Defendants.

Superior Court of New Jersey, Law Division, Middlesex County.

Decided June 14, 2000.

Attorney(s) appearing for the Case

Michael A. Cifelli, Esq., Attorney for Plaintiffs (Hardin, Kundla, McKeon, Poletto & Polifroni).

Denise M. Illes, Esq., Deputy Attorney General, Attorney Defendant New Jersey Real Estate Commission.

WOLFSON, J.S.C.

I. Factual and Procedural Background

This action arises out of a failed real estate transaction, in which Richard Goodman,1 at one time a licensed real estate broker, received, but misappropriated the plaintiffs' deposit monies. The novel issue presented in this case is one of statutory construction, which requires me to ascertain whether the Legislature intended the New Jersey Guaranty Fund to provide...

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