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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question 1

A contract of sale prepared by a licensee MUST include an attorney review clause if it pertains to which of the following types of properties?

A. Subdivision of fifteen or more lots
B. Commercial building that does not exceed 10,000 square feet
C. Six-family dwelling unit, a portion of which is used for non-residential purposes
D. Single family residential vacant lot

Question 2

A CORRECT statement about transaction brokers is that they:

A. represent both the buyer and the seller
B. may conduct transactions without an active real estate license
C. represent neither the buyer nor the seller
D. are required to disclose confidential information

Question 3

Which of the following statements about branch offices is INCORRECT?

A. Two salespersons may be designated to share supervising responsibilities.
B. The employing broker is ultimately responsible for all licensees employed at the branch office.
C. The name of the branch office supervisor must be recorded with the commission.
D. A licensed broker-salesperson must supervise the office on a full-time basis.

Question 4

When MUST a listing broker provide a copy of a fully executed written listing agreement to the owner?

A. At the time of presentation of a written offer
B. Within five business days of execution of the listing agreement
C. Upon execution of the listing agreement by all parties
D. Within three days of execution of the listing agreement by registered mail, return-receipt-requested

Question 5

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

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

Solutions: