Higher Test Marks with Free Online New-Jersey-Real-Estate-Salesperson Exam Practice

Assess the CertsIQ’s updated New-Jersey-Real-Estate-Salesperson exam questions for free online practice of your New Jersey Real Estate Salesperson test. Our New Jersey Real Estate Salesperson dumps questions will enhance your chances of passing the Real Estate Licensing Exams certification exam with higher marks.

Question 1

A subordination agreement is used to:

Options :

A : change the priority of mortgages.

B : initiate foreclosure proceedings.

C : pledge property for a loan without giving up possession.

D : assign rents to the lender in case of borrower default.

Answer: A

Question 2

If an owner wants to list a property for sale "as is," the listing agent should:

Options :

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

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

C : question the seller as to any known defects.

D : assume that the house is a "fixer-upper."

Answer: C

Question 3

Which of the following is a radioactive odorless gas which may require mitigation?

Options :

A : radon

B : asbestos

C : formaldehyde

D : carbon monoxide

Answer: A

Question 4

Two real estate firms shared equally a 6% commission on the sale of a house. The listing licensee was paid 60% of the brokers share. The house was sold for $110,000. How much did the listing agent earn?

Options :

A : $1,320

B : $1,980

C : $2,640

D : $3,980

Answer: B

Question 5

In commercial property leasing, listing agents should ensure that the owner complies with:

Options :

A : their fiduciary responsibilities to the tenant

B : state and federal Fair Housing laws

C : the Americans with Disabilities Act

D : market lease rates

Answer: C