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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A small broker committee in the local county has set up a new marketing idea. They will give every seller the same commission rate and it will not be negotiable. This will allow the consumers to know exactly what it will cost to list a property. This marketing plan is an example of:

A) market allocation
B) price-fixing
C) consumer protection
D) apostille

2. A married couple is purchasing a home. They ask the salesperson to advise them regarding the best way to take title. The salesperson should

A) explain the possible types of joint ownership so they understand the options.
B) decline to advise them and suggest that they consult an attorney.
C) advise them to take title as tenants by the entirety.
D) ask a broker to make a recommendation.

3. Which of the following statements would most likely be considered mere "puffing"?

A) This lot has the most beautiful view of the lake.
B) Children from this neighborhood have the highest SAT scores.
C) This area is expected to increase in value by 25% within the next year.
D) The utility costs in this home are lower than in any other home in the neighborhood.

4. A landlord may require that a disabled tenant

A) pay an additional fee for using the swimming pool to cover the added insurance cost.
B) pay double the usual $500 security deposit.
C) remove the wheelchair ramp from the apartment upon vacating the unit.
D) not install grab bars in the tile shower if drilling holes in the tile is required.

5. A licensee must provide a Consumer Information Statement in all of the following transactions EXCEPT the:

A) sale of a three-family house in a mixed-use zone
B) lease of a three-bedroom apartment for one year
C) sale of a vacant one-family lot
D) sublease of a studio apartment for two months

Solutions: