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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. Which of the following statements in an advertisement would be an example of non-discriminatory language under HUD's Fair Housing Advertising Guidelines?

A) located within walking distance to a great Catholic school
B) apartment available. No pets or children allowed
C) nice home ideal for any family with children
D) female seeking female roommate

2. 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) Make telephone calls to request rent payments
D) Type contracts for approval

3. A Seller's Property Disclosure form states that there are no known material defects with the property, but the listing licensee is aware of asbestos wrapped duct pipes in the basement. The licensee should:

A) suggest the buyers have a home inspection and leave discovery up to the inspector.
B) ask the seller's permission to disclose and abide by the seller's wishes.
C) suggest to the seller wrap the pipes to contain potential airborne contamination.
D) disclose the existence of asbestos to all potential buyers.

4. A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A) exclusive agency representation
B) nonexclusive right-to-lease
C) nonexclusive buyer-agency
D) exclusive right to sell

5. Which of the following items would be prorated at closing with the credit going to the seller?

A) unearned rent collected in advance
B) accrued interest on an assumed mortgage
C) prepaid property taxes
D) earnest money

Solutions: