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

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 2

After announcing that a new city park will soon be developed, homes in the immediate area experience a rise in value. This is an example of which of the following principles of value?

Options :

A : change

B : contribution

C : anticipation

D : highest and best use

Answer: C

Question 3

According to the Real Estate Licensing Law, a real estate licensee can provide a rebate of the commission to a buyer

Options :

A : if the licensee is the broker.

B : if notated on the contract of sale.

C : provided it does not exceed 50% of the total commission.

D : if a writing confirming the terms of the rebate is provided to the buyer at closing.

Answer: D

Question 4

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

Question 5

A seller has listed a home with a broker for $112,000. The seller is leaving for a 45-day cruise midway through the listing period and authorizes the broker through a limited power of attorney to accept any offer of all cash at a price of $108,000 or more pending his return. The broker receives an offer for $110,000 all cash. The broker

Options :

A : may not accept the offer until the seller returns.

B : must forward the offer to the sellers attorney for consideration.

C : may accept the offer.

D : may sign a deed of conveyance if the seller does not return on time.

Answer: C