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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| New Jersey State Portion (30 questions) | 27% | - New Jersey-Specific Practices
|
| National Portion (80 questions) | 73% | - Calculations
|
Real Estate New Jersey Real Estate Salesperson Sample Questions:
Under the New Jersey Real Estate Licensing Law, which of the following is an unlicensed assistant or secretary NOT permitted to do?
- A. Place signs on properties
- B. Follow up on loan applications with lenders
- C. Type contracts for approval
- D. Make telephone calls to request rent payments
Correct Answer: D 🗳️
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
According to the Real Estate Licensing Law, a real estate licensee can provide a rebate of the commission to a buyer
- A. if notated on the contract of sale.
- B. if the licensee is the broker.
- C. provided it does not exceed 50% of the total commission.
- D. if a writing confirming the terms of the rebate is provided to the buyer at closing.
Correct Answer: D 🗳️
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
Which of the following is a radioactive odorless gas which may require mitigation?
- A. carbon monoxide
- B. formaldehyde
- C. radon
- D. asbestos
Correct Answer: C 🗳️
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
If a salesperson or broker-salesperson maintains a webpage that is not linked to the webpage of their broker, the licensee's webpage must display the name of the broker as well as the
- A. broker's telephone number.
- B. address of the branch office from which the licensee operates.
- C. broker's email address.
- D. address of the broker's main office.
Correct Answer: D 🗳️
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
A lender may add 1/12th of the estimated cost of the annual property taxes and hazard insurance on the mortgaged property to the monthly loan payment for deposit in:
- A. a PMI account
- B. an adjustment account
- C. an impound, escrow, or reserve account
- D. a margin account
Correct Answer: C 🗳️
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
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