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Real Estate New-Jersey-Real-Estate-Salesperson Exam Overview:
| Certification Vendor: | New Jersey Real Estate Commission |
|---|---|
| Exam Name: | New Jersey Real Estate Salesperson Exam |
| Exam Number: | New-Jersey-Real-Estate-Salesperson |
| Certificate Validity Period: | 2 years |
| Passing Score: | 70% (77 out of 110) |
| Related Certifications: | New Jersey Real Estate Referral Agent License New Jersey Real Estate Broker License |
| Real Exam Qty: | 110 |
| Exam Format: | Computer-based, Multiple-choice, State-specific portion (30 questions), National portion (80 questions) |
| Available Languages: | English, Spanish |
| Exam Price: | $45 USD |
| Exam Duration: | 240 minutes |
| Recommended Training: | NJREC Approved Education Providers |
| Exam Registration: | New Jersey Real Estate Commission PSI Services LLC Registration |
| Sample Questions: | Real Estate New-Jersey-Real-Estate-Salesperson Sample Questions |
| Exam Way: | Computer-based; available at PSI test centers or online remote proctoring |
| Pre Condition: | 18 years or older; high school diploma or equivalent; complete 75-hour pre-licensure course from approved provider; pass background check; obtain eligibility certificate |
| Official Syllabus URL: | https://www.nj.gov/dobi/division_rec/licensing/reclicrequire.htm |
Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 73% | - Real Estate Contracts
|
| Topic 2: New Jersey State-Specific Portion | 27% | - Real Estate Commission Powers and Duties
|
Real Estate New Jersey Real Estate Salesperson Sample Questions:
A tenant has a commercial lease that requires that the tenant pay taxes, insurance, maintenance, and parking lot repairs. What kind of lease does the tenant have?
- A. gross
- B. ground
- C. net
- D. percentage
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
If an owner wants to list a property for sale "as is," the listing agent should:
- A. assume that the house is a "fixer-upper."
- B. assume that the owner will accept a relatively low price for the property.
- C. question the seller as to any known defects.
- D. conclude that if the buyer later discovers defects that were not disclosed the listing agent is relieved of any responsibility.
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
A buyer-broker locates a property that is listed with another broker. The buyer makes an offer through the buyer-broker and an agreement of sale results. In this situation, the buyer-broker is acting as a:
- A. referring broker with the listing broker
- B. representative of the buyer and owes no fiduciary obligations to the seller
- C. representative of the seller and owes no fiduciary obligations to the buyer
- D. subagent of the listing broker
Correct Answer: B 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?
- A. Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
- B. No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
- C. Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
- D. No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
Correct Answer: B 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home, so the broker will present:
- A. only cash offers to the seller.
- B. the highest cash offer to the seller.
- C. the highest offer to the seller.
- D. all offers to the seller.
Correct Answer: D 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
By Robin
