(Nov-2025) Get professional help from our New-Jersey-Real-Estate-Salesperson Dumps PDF [Q11-Q25]

Rate this post

(Nov-2025) Get professional help from our New-Jersey-Real-Estate-Salesperson Dumps PDF

Give You Free Regular Updates on New-Jersey-Real-Estate-Salesperson Exam Questions

Q11. Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?

Obtain a building permit.

Obtain a modification to the local master plan.

Obtain a variance or special exception.

File an appeal with the local court.

Q12. A licensee lists a property with the knowledge that a major highway is projected to be built within fifty feet of the property and is instructed by the owner not to disclose this fact to prospective purchasers. The licensee should:

service the listing and disclose the information to prospective purchasers without the owner’s knowledge

comply with the owner’s instructions to avoid a violation of his fiduciary obligations to the owner

advise the seller that unless disclosure is permitted the licensee must refuse the listing

service the listing and disclose this information only when asked by a prospective purchaser

Q13. A real estate broker’s maintained place of business MUST conspicuously display on the exterior the broker’s name and the word(s):

Realtor

Real Estate Broker

Licensed Real Estate Broker

Licensed Realtor

Q14. If an owner wants to list a property for sale “as is,” the listing agent should:

assume that the owner will accept a relatively low price for the property.

conclude that if the buyer later discovers defects that were not disclosed the listing agent is relieved of any responsibility.

question the seller as to any known defects.

assume that the house is a “fixer-upper.”

Q15. A home sold for $400,000. It was appraised for $402,000, and the assessed value was $320,000. Assume in this situation, the real estate transfer tax of 1% is paid by the grantee. How much will the seller owe at closing for transfer fees?

$3,200

$4,000

$4,020

Q16. A broker may legally refuse to accept a listing:

at any time, for any legitimate reason.

only if the owner’s instructions are illegal.

only if the seller cannot give clear title to the property.

under no circumstances; all owners are entitled to professional representation in the sale of their property.

Q17. A tenant has an option to purchase leased property. The price that the tenant will pay for the property is determined by the:

terms specified in the option.

agreement, when the option is exercised.

property’s market value at the time of exercising the option.

tenant, when the option is exercised.

Q18. 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:

the highest cash offer to the seller.

the highest offer to the seller.

only cash offers to the seller.

all offers to the seller.

Q19. Which of the following actions is NOT a cause for suspension or revocation of a New Jersey real estate license?

failing to provide a client with a copy of the signed exclusive listing contract

delivering a consumer information statement to a seller after having made a listing presentation

payment of a referral fee by a licensed New Jersey broker to a broker licensed in another state

collecting a commission as a broker from both parties to a transaction while representing both parties as their agent

Q20. Which of the following best describes the Housing for Older Persons Act?

It allows grandparents with grandchildren to be exempt from the provisions of the Act.

It requires that at least 80% of occupied units have one person age 55 or older living there.

It requires that 55-and-older housing have significant facilities and services designed for seniors.

It allows the awarding of monetary damages against those who believed that property designated as housing for older persons was exempt.

Q21. The following statement was found in a real estate sales contract: “In the event of a default by the purchaser, the forfeiture of the earnest money to the seller will be the only compensation to which the seller will be entitled.” This statement most likely describes a:

broker protection clause

liquidated damages clause

default delivery clause

indemnification clause

Q22. A licensee must provide disclosure of licensed status when acting as a principal if

the agent of the other party asks about this specifically.

the licensee does not have errors and omission insurance.

the licensee has any economic interest in the property.

any relative of the licensee has ever lived in the residence.

Q23. What is the difference between a license to use property and an easement?

A license can be cancelled by the issuer.

An easement can be cancelled by the issuer.

There must be consideration paid for a license.

There must be consideration paid for an easement.

Q24. 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:

subagent of the listing broker

referring broker with the listing broker

representative of the buyer and owes no fiduciary obligations to the seller

representative of the seller and owes no fiduciary obligations to the buyer

Q25. The Freshwater Wetlands Protection Act of 1987 is a New Jersey law that:

requires environmental impact statements to be filed with the New Jersey Department of Environmental Protection before title to developed real estate can be transferred

restricts development of real estate in certain designated areas

empowers the New Jersey Department of Environmental Protection to acquire title to certain real estate for less than its fair market value through condemnation

requires the registration of residential development projects with the New Jersey Department of Community Affairs

Achieve the New-Jersey-Real-Estate-Salesperson Exam Best Results with Help from Real Estate Certified Experts: https://www.real4dumps.com/New-Jersey-Real-Estate-Salesperson_examcollection.html

(Nov-2025) Get professional help from our New-Jersey-Real-Estate-Salesperson Dumps PDF [Q11-Q25]

Leave a Reply Cancel reply