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Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. The feature that most distinguishes a joint tenancy from a tenancy in common is

A) right of transfer.
B) right of survivorship
C) unity of possession.
D) undivided interests.

2. An applicant for a real estate salesperson's license must apply for the issuance of the license within:

A) one year from the date of passing the state licensing examination
B) one year from the date of beginning the prelicensure education course
C) 30 days after accepting an offer of employment from a licensed real estate broker
D) one year from the date of completion of the prelicensure education course

3. Under New Jersey Real Estate Commission rules, a licensee's obligations to the public include all of the following responsibilities EXCEPT:

A) dealing honestly with all parties
B) protecting and promoting the interests of the licensee's principal when acting as an agent
C) disclosing material defects in a property to a prospective purchaser
D) accepting any reasonable commission offered by a seller in the course of negotiating a listing agreement

4. Standard title insurance would protect a buyer:

A) for the purchase of a property bought sight unseen where the buyer discovers a tenant living at the property.
B) if after closing, the HOA placed a lien on the property for the previous owners' unpaid dues.
C) when the seller has forged an ex-partner's signature on the deed.
D) in a purchase where the buyer had knowledge of a shed violating setback requirements.

5. Limiting the neighborhoods in which a licensee shows houses because of a buyer's race is:

A) puffing
B) blockbusting
C) redlining
D) steering

Solutions: