Real Estate New-Jersey-Real-Estate-Salesperson Questions & Answers - in .pdf
- Total Q&A: 122
- Update: Sep 03, 2025
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- Vendor: Real Estate
- Exam Code: New-Jersey-Real-Estate-Salesperson
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- Total Q&A: 122
- Update: Sep 03, 2025
- Price: $59.99
- Vendor: Real Estate
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Real Estate New Jersey Real Estate Salesperson Sample Questions:
1. The local gas company has a 10-foot easement along the rear of a residential lot. This is best known as an easement:
A) appurtenant
B) by prescription
C) in gross
D) by necessity
2. According to the Real Estate Licensing Law, a real estate licensee can provide a rebate of the commission to a buyer
A) provided it does not exceed 50% of the total commission.
B) if the licensee is the broker.
C) if a writing confirming the terms of the rebate is provided to the buyer at closing.
D) if notated on the contract of sale.
3. A small broker committee in the local county has set up a new marketing idea. They will give every seller the same commission rate and it will not be negotiable. This will allow the consumers to know exactly what it will cost to list a property. This marketing plan is an example of:
A) price-fixing
B) apostille
C) consumer protection
D) market allocation
4. Under the New Jersey Real Estate Licensing Law, which of the following is an unlicensed assistant or secretary NOT permitted to do?
A) Follow up on loan applications with lenders
B) Place signs on properties
C) Type contracts for approval
D) Make telephone calls to request rent payments
5. A licensee lists a property with the knowledge that a major highway is projected to be built within fifty feet of the property and is instructed by the owner not to disclose this fact to prospective purchasers. The licensee should:
A) comply with the owner's instructions to avoid a violation of his fiduciary obligations to the owner
B) service the listing and disclose the information to prospective purchasers without the owner's knowledge
C) service the listing and disclose this information only when asked by a prospective purchaser
D) advise the seller that unless disclosure is permitted the licensee must refuse the listing
Solutions:
Question # 1
Answer: C | Question # 2
Answer: C | Question # 3
Answer: A | Question # 4
Answer: D | Question # 5
Answer: D |
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