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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 is a permitted free offering?

A) A complimentary home warranty with every listing
B) Free use of a local moving van for all listings
C) A free dinner for attendees at a homebuyers' evening seminar
D) A coupon for discounted commission on listing services

2. A licensee must provide disclosure of licensed status when acting as a principal if

A) the licensee does not have errors and omission insurance.
B) any relative of the licensee has ever lived in the residence.
C) the licensee has any economic interest in the property.
D) the agent of the other party asks about this specifically.

3. Which of the following actions is NOT a cause for suspension or revocation of a New Jersey real estate license?

A) failing to provide a client with a copy of the signed exclusive listing contract
B) payment of a referral fee by a licensed New Jersey broker to a broker licensed in another state
C) delivering a consumer information statement to a seller after having made a listing presentation
D) collecting a commission as a broker from both parties to a transaction while representing both parties as their agent

4. In surveying, monuments are used to establish:

A) a common address
B) historical sites
C) real estate boundaries
D) flood elevation

5. Rents on a duplex total $600 monthly and are due the first of each month. If the sale of the duplex closes on the 15th of a month, the rental income will be reflected on the closing statement as a

A) credit of $600 to the buyer only.
B) credit to the seller of $300 and a debit to the buyer of $300.
C) debit to the seller of $300 and a credit to the buyer of $300.
D) credit of $600 to the seller only.

Solutions: